Thursday, September 18, 2008

independent schmindipendent

two days ago, mccain didn't understand the current financial crisis enough so he proposed a 911-style commission to figure it out.

i guess he decided that the don't-know-what-exactly-is-happening stance wasn't working for him, so today he dropped the commission idea and instead proposed decisive action. he promised that if elected he would fire SEC chairman chris cox. except that the president doesn't have the authority to fire the SEC chairman.

maybe mccain should get the 9/11 commission to explain to him the concept of an independent regulatory commission.