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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Bill Clinton: 'Screw It, I'm Running For President'

This is a hilarious article from "The Onion"...and, as with all satire, has a sprinkle of truth...here is a snippet: Although some have pointed out that it is unconstitutional for Clinton to run for a third term in office, he has silenced most critics by urging voters "not to worry about the Constitution for now" and assuring them he will address those legal issues immediately after regaining control of the White House. "All I am asking of the American people is four more years," Clinton said at a fundraiser Tuesday where tens of thousands of South Carolinians gathered to stare in gape-jawed wonderment at the former president. "Well, maybe eight. Actually, you know what, definitely eight. Eight more years."

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.

Oregon Elephant

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