{"id":486,"date":"2008-09-23T09:04:00","date_gmt":"2008-09-23T14:04:00","guid":{"rendered":"http:\/\/ssgreenberg.name\/PoliticsBlog\/?p=486"},"modified":"2008-09-23T09:17:11","modified_gmt":"2008-09-23T14:17:11","slug":"mccains-friends-attack-him-for-wrong-reason","status":"publish","type":"post","link":"https:\/\/ssgreenberg.name\/PoliticsBlog\/2008\/09\/23\/mccains-friends-attack-him-for-wrong-reason\/","title":{"rendered":"McCain&#8217;s Friends Attack Him For Wrong Reason"},"content":{"rendered":"<p>Follow <a title=\"George Will column\" href=\"http:\/\/www.washingtonpost.com\/wp-dyn\/content\/article\/2008\/09\/22\/AR2008092202583.html\" target=\"_blank\"><strong>this link<\/strong><\/a> to the\u00a0 column by George Will that RichardH sent me.<\/p>\n<p>George Will is quoting a Wall Street Journal editorial that castigates McCain for attacking the SEC Chairman.<\/p>\n<p>The problem is that the Wall Street Journal (and all the main stream media) got it wrong.<\/p>\n<p>If you just see the sound bite of McCain attacking Cox, you think it is baseless.\u00a0 If you manage to read John McCain&#8217;s complete remarks, you find out that he nailed Cox for exactly the right reasons.<\/p>\n<p>Follow <a title=\"Quotes from John McCain\" href=\"http:\/\/www.huffingtonpost.com\/2008\/09\/19\/wsj-editorial-board-hits_n_127660.html\" target=\"_blank\"><strong>this link<\/strong><\/a> to see an article that quotes all of McCain&#8217;s remarks and still gets it wrong.<\/p>\n<p>The following are the comments that John McCain made that are exactly right.<\/p>\n<blockquote><p>The primary regulator of Wall Street, the Securities and Exchange Commission (SEC) kept in place trading rules that let speculators and hedge funds turn our markets into a casino. They allowed naked short selling &#8212; which simply means that you can sell stock without ever owning it. They eliminated last year the uptick rule that has protected investors for 70 years. Speculators pounded the shares of even good companies into the ground.<\/p><\/blockquote>\n<p>Follow <a title=\"My comment on HuffPo\" href=\"http:\/\/www.huffingtonpost.com\/2008\/09\/19\/wsj-editorial-board-hits_n_127660.html?page=2&amp;show_comment_id=15903691#comment_15903691\" target=\"_blank\"><strong>this link<\/strong><\/a> to see my comment on the article from which the quote above was taken.<\/p>\n<p>Follow<a title=\"Post about the uptick rule\" href=\"http:\/\/ssgreenberg.name\/PoliticsBlog\/?p=439\" target=\"_blank\"><strong> this link<\/strong><\/a> to my earlier post about the uptick rule.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Follow this link to the\u00a0 column by George Will that RichardH sent me. George Will is quoting a Wall Street Journal editorial that castigates McCain for attacking the SEC Chairman. The problem is that the Wall Street Journal (and all the main stream media) got it wrong. If you just see the sound bite of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":{"0":"post-486","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-periodic-posts","7":"czr-hentry"},"_links":{"self":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts\/486","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/comments?post=486"}],"version-history":[{"count":6,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts\/486\/revisions"}],"predecessor-version":[{"id":492,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts\/486\/revisions\/492"}],"wp:attachment":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/media?parent=486"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/categories?post=486"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/tags?post=486"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}