SEC Chairman reponds to McCain

Christopher Cox, SEC Chairman, responded to McCain's call earlier today for him to be fired:

"While I have great respect for Sen. McCain, we have sometimes disagreed, and this is one such occasion. The SEC has made plain that we have zero tolerance for naked short selling. In this market crisis, the men and women of the SEC have responded valiantly as they always do -- with the utmost dedication and professionalism. Addressing the extraordinary challenges facing our markets, the independent and bipartisan SEC has taken the following decisive actions."

My take:
It seems to me that Cox is treating McCain like a senile old uncle...with the appearance of deference and respect, but with a knowing wink.

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U.S. Tax Rates Compared to the rest of the world–a.k.a “U.S. Corporations are not the evil empire”

Below is a graph showing our tax rates compared to the rest of the industrialized world (taken from Wikipedia): Two things to note: Our personal income taxes are not as bad as some anti-tax zealots would have you believe…they are lower than most. Our corporate rates, however, are horrific. They are higher than any other industrialized country save Japan. Lesson to be learned: it’s easy for politicians to sell lower taxes for individuals. Much harder to sell lower rates for corporations. And very easy for liberals to paint corporations as getting off easy (the “big, bad conglomerate” schtick). However, it’s just not true. “Facts are stubborn things.” - John Adams

Negative ads

Questioner mentioned Gordon Smith's offer to stop negative ads on both sides. Merkley - "I don't have negative ads, I have ISSUE ads." Audience laughed - I don't think Merkley was trying to be funny. Bad moment for Merkley.

Gov. Kulongoski wants to make a "green school" in Vernonia...hopefully the kids will get taught, also

Governor Ted is assembling a team to ask the feds for stimulus money to rebuild a school in Vernonia, damaged by the flooding in 2007. I think this is great - schools are a good thing to spend stimulus money on. But...then his train goes off the tracks... He wants to make the main thrust of the request that we will build a "green school"...now, I'm not opposed to doing responsible things to care for the environment, but I'm guessing doing extra stuff out of the ordinary, would make it much more expensive. With our economy the way it is, I just think that the people in charge of giving the money out are going to look at what can be done in a state, and how cost-effectively it can be done. If Oregon wants $5 million (I'm just making these numbers up) for a school to teach 1000 students, and Arizona will build a school, with the same facilities, same everything else, except they can do it for $3 million becuase it isn't a "green" school, and that m...

Oregon Elephant

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