(6/3/2005) Yesterday President Bush nominated Rep. Christopher Cox (R-CA) to head the SEC. Cox still needs to be approved by the Senate, but that process has not stopped many of Bush's other terrible nominees.

Yes, the Senate will probably approve Cox by a wide majority. No, not because he is the best man for the job, but because the Democrats have a silly tradition of letting our Presidents pick whomever they want for most high level government jobs.

However, what the Democrats have been failing to take into account is the fact that Bush was appointed in 2000, not elected. Also, the election in 2004 was most likely fraudulent as is indicated by the huge discrepancy between exit poll numbers and the final vote numbers.

The new paperless voting computers have turned our elections systems into a cruel right-wing joke, and I'm sure Bush and his rich friends are laughing all the way to the bank.

There are a few other reasons the Senate will approve Cox. He is good looking, physically fit, white male, ivy league graduate, big fundraising, lawyer, and a long-term politician just like most of the Democrats in the Senate. Also, he has worked with many Democrats for the past sixteen years on a number of different issues. So his nomination will probably slide right through the Senate like a greased pig.

However, Cox really is a greasy fascist pig, and if the Democrats could see the forest through the trees they would vote him down with a kick in his pants as he is shoved out the door.

Let me start my character analysis (assassination) of Cox with something he says on his website. The following statement is a quote directly from Cox's website, and it exposes him as a gross liar.

"When Republicans took control of Congress in 1994, the federal government was spending $200 billion per year more than it took in, and was borrowing more than $100 billion per year from the Social Security Trust Fund.

Republicans ushered in an era of fiscal restraint, and balanced the federal budget for the first time since 1969. This enabled us to change the nation's deficits to surpluses, so that we borrowed less and lowered interest rates. Lower interest rates, in turn, produced greater investment and, greater investment produced more jobs and higher take home pay.

By controlling spending and limiting the growth of the federal government, Republicans will help us meet the challenges of the 21st century: continuing economic growth and job creation; saving Social Security for current and future generations; reducing the tax burdens of hard working Americans, and paying down the public debt."

Clearly, Cox is trying to take credit for the results President Clinton's 1993 balance budget legislation achieved. This legislation raised the top tax rates and expanded the number of tax brackets, and it eventually resulted in a large budget surplus by increasing revenues and cutting the growth rate of spending. The Republicans did nothing to help balance the federal budget. In fact, this legislation passed without a single vote from any of Republicans in Congress, not one!

It's true that in 1994 the Republicans took control of Congress, but for the next 6 years all they did was try to force Clinton to pass tax cuts and spending increases. During this time they keep threatening to shut down the government if Clinton did not submit to their backwards legislation. Clinton finally did submit to one of the Republicans tax cut scams in 1997 when he signed a bill that cut the capital gains tax retroactively. Ironically, this legislation became law just after a major down swing in the stock markets. 

Look at the first paragraph in the quote from Cox's website and compare those numbers with where we are now. The Republicans are currently running deficits of over $550 billion, and they are borrowing over $170 billion from the Social Security trust fund. Where is their fiscal restraint now? Why don't they care about paying down the public debt anymore? Why is privatization at the center of their solutions for saving Social Security rather than their proclaimed tough minded fiscal conservatism that Cox is trying to take credit for?

Cox is a hypocrite and a liar, just like Bush. In my opinion, Cox's grossly false claims are a deliberate attempt to deceive his website visitors, and they expose the reality that he cannot be trusted.

But lets not stop our analysis of Cox there. From 1986 to 1988 he was senior associate counsel to President Ronald Reagan. Which, when taken by itself is not that bad, but when you look at what was going on in the Reagan administration during that period of time it's frightening and revealing.

Cox was one of Reagan's top legal advisors on budget and international issues, and he helped Reagan get away with the Iran/Contra crimes and cover-ups. He later joined up with Oliver North when Ollie helped Cox run for Congress.

In addition, Cox was one of Reagan's top advisors who helped work out the details for the biggest white collar bank robbery in history, the "S&L Crisis". When Cox was working for Reagan was when the Saving & Loan rip-off and bailout was coming to fruition. This deregulation con-job helped a bunch of super rich real estate Mafia dons from Texas cash-in, including two of George W. Bush's brothers, and they stuck the taxpayers with the bill for this $500 billion dollar looting.

How does "Consigliere for the Mafia" sound on the resume of someone who wants to head the SEC?

For the past ten years Cox has been spearheading the fight in Congress to get rid of the estate tax. He doesn't want to reformed it, or improve it, or make it fairer, but just kill it. This effort makes him Bush's kneecap sucking soul-mate in Congress, and probably eventually in hell. Repealing the estate tax is the most anti-democracy, pro-plutocracy rip-off this country has ever considered. It has "fascist pigs" written all over it. Allowing multi-billionaires to pass all their wealth on to their kids tax-free is the Robber Barons wet dream, and it's a wad that Cox, Bush, and the Republicans in Congress are jerking overtime to make cum true.

Also, Cox led the successful fight to over-ride Clinton's veto on legislation, the Private Securities Litigation Reform Act, that removed protections for investors. This legislation helps shield corporate executives, accountants, and law firms from liability for defrauding investors. Do the names "Enron", "WorldCom", and "Tyco" ring any bells? How about the name of the company that lobbied very heavily to get this legislation passed, "Arthur Anderson"? A Duke University Law Professor called the law "the ultimate in special-interest legislation.".

In 1994 the LA Times reported that Cox was sued for his part in a phony mortgages Ponzi scheme that robbed nearly 8,000 investors of approximately $136 million. Cox claimed ignorance and that his involvement was limited, but the evidence proves otherwise.

Cox was also part of a group in Congress that stopped the SEC's effort to pass a rule that would prevent accounting firms from doing consulting work for companies they are also hired to audit. Which was the conflict of interest at the root of Arthur Anderson's troubles.

I understand that hindsight is 20-20, but where are these Republican's foresight? Or is it all just a con designed to cheat people out of their retirement savings, rob our government, and protect the thieves?

All the above facts are good reasons why a totally corrupt right-wing puppet, like Bush, would pick a corrupt right-wing puppet like Cox to head the SEC, but I found another good reason.

A new investigation was just launched into the Texas billionaires Wyly brother's off-shore tax shelter scams, and this investigation involves the IRS, FBI, and SEC. The Wyly brothers were some of Bush's biggest campaign contributors and fundraisers. Both these guys are notorious money manipulating puppets for some extremely wealthy families in Dallas. I suspect Bush is planting Cox at the SEC, at this particular time, to try and thwart this investigation of Wyly and cover-up the facts of the case.

All these facts prove that Cox is nothing more than a extremist right-wing political puppet who is a whore for some of the same wealthy families that Bush is whoring for. His fascist specialties appear to be cover-ups, protection rackets, lying, defrauding investors, and pushing bad legislation through Congress.

With all these money whoring puppets, like Cox and Bush, running our government it must be one big ass kissing orgy in Washington D. C. these days. But it's the American people who are getting screwed, and not in a place that feels good. The American people are getting screwed in their wallets, and out of opportunities, freedoms, rights, and representation.

I recommend writing your members of Congress and asking them to reject Christopher Cox's nomination to the SEC. But don't use your real name, these a-holes might add you to a list of "enemy combatants" and target you and your family for IRS audits, FBI investigations, and Israeli style collective punishments.