McCain's new solution to the financial meltdown: Fire Chris Cox, the SEC chairman. Obama, speaking in New Mexico, says firing Cox is fine and good but what we really need to do is fire the whole administration. Obama says he'll be having a pow wow tomorrow with economic experts and offer more details on dealing with the financial crisis.
WaPo: Republican presidential nominee John McCain said today that he would fire the chairman of the Securities and Exchange Commission because of the meltdown on Wall Street and proposed a new commission to identify faltering financial institutions.
He also lambasted Democratic rival Barack Obama for taking "marching orders'' from congressional Democratic leaders and said the Illinois senator "did not life a finger to avert this crisis.''
McCain's tough talk was the latest iteration of what has been a constantly evolving position on the financial crisis on Main Street that has dominated the news -- and the campaign -- since Monday. McCain said he would offer more details on "what I will do as president to fix this crisis and get our economy moving again.''
At an airport hanger rally here where McCain and running mate Sarah Palin were twice interrupted by antiwar protesters, McCain criticized congressional Democrats and, by extension, Obama, for not moving quickly enough to deal with the financial crisis.
