Originally posted by: JS80
I agree with McCain on this. Cox should have cracked down on manipulation a long time ago. Instead they did nothing about the short sellers and leverage, and forced these companies to do mark to market accounting. If you had to choose one person to hang, he would definitely be on the top of my list.
How about the guy who appointed him and whose policy he was following? How about the whole ideology backing that policy?
Let me summarize the ideology for you: get rich, however. There's a continuing escalation of increasingly aggressive, increasingly dangerous, techniques, which use a combination of gaining political power from the big money available for donations, and the right-wing noise machine propaganda to tell people how much letting them do those things under phrases like 'free market' benefits the nation, for getting the 'freedom' to get rich those ways, at the expense eventually of society.
That ideology turns the president of the united states into a mouthpiece for the donors instead of the democratically selected representative of the public interest.
That's exactly how you get someone like a George W. Bush - hey, ya wanna be president? - selected by those interests, where a well-funded Karl Rove puts him on a ranch (purchased at the start of his run) in a cowboy hat with lots of campaign propaganda to make him the guy you want to have a beer with, and to tear down Al Gore as a big liar. And then Bush's policies immediately - starting with the borrowed 'tax cuts' that gave as much to the wealthy as politicall feasible, like a trillion dollars of money borrowed from the nation's bank (which gets a lot of it from China) to be paid back later with interest, and the geeneral 'appoint the industry's own lobbyists to oversee them and let them tell us what laws to pass' approach to governing, with just enough 'you need Bush to protect you from the terrorists' to keep the public from caring about the corruption.
How about hanging the ideology of corruption, and admitting what happened, and how to prevent it? How Reagan was a big part of the problem for championing that ideology?
All those liberal ideas like diversified media ownership so they aren't one big cabal in the corporatocracy not informing the public on any anti-corporatist issues?