{"id":4359,"date":"2005-06-03T10:40:08","date_gmt":"2005-06-03T14:40:08","guid":{"rendered":"http:\/\/www.thecarpetbaggerreport.com\/archives\/4359.html"},"modified":"2005-06-03T10:40:08","modified_gmt":"2005-06-03T14:40:08","slug":"a-golden-opportunity-which-dems-may-miss","status":"publish","type":"post","link":"https:\/\/stevebenen.com\/thecarpetbaggerreport\/a-golden-opportunity-which-dems-may-miss\/","title":{"rendered":"A golden opportunity &#8212; which Dems may miss"},"content":{"rendered":"<p>Chris Cox&#8217;s <a href=\"http:\/\/www.washingtonpost.com\/wp-dyn\/content\/article\/2005\/06\/02\/AR2005060200641_pf.html\">nomination<\/a> to lead the Securities and Exchange Commission is a unique opportunity for Dems. Because the post needs Senate confirmation, Dems can highlight Cox&#8217;s record of hostility for corporate regulations as further evidence of the Bush administration&#8217;s willingness to comply with the demands of Wall Street lobbyists.<\/p>\n<p>If only Dems would take advantage of the opportunity.<\/p>\n<p>I was anxious to see the reaction from lawmakers in today&#8217;s papers to Cox&#8217;s nomination to gauge what kind of opposition Cox might face from Senate Dems. Senate Banking Committee member Chuck Schumer (D-N.Y.), for example, <a href=\"http:\/\/nytimes.com\/2005\/06\/03\/business\/03cox.html?pagewanted=print\">said<\/a> he would wait to get more information about Cox&#8217;s views before deciding how to vote on him, though he&#8217;s approaching the nomination with some skepticism. Fine.<\/p>\n<p>At least one important Senate Dem, however, took <a href=\"http:\/\/www.latimes.com\/business\/la-fi-cox3jun03,0,6036059.story?coll=la-home-headlines\">the opposite approach<\/a>.<\/p>\n<blockquote><p>While some anticipated a tough confirmation process, no one Thursday predicted that he would be blocked. Indeed, Democratic California Sen. Dianne Feinstein, who had held back supporting Cox when he was a possible judicial candidate for the U.S. 9th Circuit Court of Appeals, agreed to introduce him to the Senate Banking Committee, which will consider his nomination.<\/p>\n<p>&#8220;I have no reason to oppose him and believe he&#8217;s qualified to do the job,&#8221; Feinstein said.<\/p><\/blockquote>\n<p>I can appreciate that Feinstein may have some home-state loyalties to consider here, but if she can&#8217;t think of any reason to oppose Cox&#8217;s nomination, she&#8217;s just not paying very close attention to the guy&#8217;s <a href=\"http:\/\/www.americanprogressaction.org\/site\/pp.asp?c=klLWJcP7H&#038;b=736515#2\">record<\/a>. For goodness sakes, the NYT <a href=\"http:\/\/www.nytimes.com\/2005\/06\/03\/business\/03cox.html\">described Cox<\/a> today as &#8220;a devoted student of Ayn Rand, the high priestess of unfettered capitalism.&#8221;<\/p>\n<p>If Dems were planning to put up some kind of resistence here, Feinstein is helping to end the fight before it begins.<br \/>\n<!--more--><br \/>\n<i>Post Script<\/i>: I acknowledge from the outset that this is largely irrelevant, but to help provide context to Chris Cox&#8217;s style of politics, I thought I&#8217;d highlight <a href=\"http:\/\/www.salon.com\/news\/feature\/2005\/02\/19\/cpac\/print.html\">this quote<\/a> from earlier this year:<\/p>\n<blockquote><p>&#8220;America&#8217;s Operation Iraqi Freedom is still producing shock and awe, this time among the blame-America-first crowd,&#8221; [California Rep. Chris Cox] crowed. Then he said, &#8220;We continue to discover biological and chemical weapons and facilities to make them inside Iraq.&#8221;<\/p><\/blockquote>\n<p>What does Cox&#8217;s bizarre beliefs about non-existent weapons of mass destruction have to do with his ability to head the SEC? As far as I can tell, not much. But it&#8217;s a reminder that Cox certainly isn&#8217;t part of the &#8220;reality-based&#8221; community.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Chris Cox&#8217;s nomination to lead the Securities and Exchange Commission is a unique opportunity for Dems. Because the post needs Senate confirmation, Dems can highlight Cox&#8217;s record of hostility for corporate regulations as further evidence of the Bush administration&#8217;s willingness to comply with the demands of Wall Street lobbyists. If only Dems would take advantage [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[617],"tags":[],"class_list":["post-4359","post","type-post","status-publish","format-standard","hentry","category-general"],"_links":{"self":[{"href":"https:\/\/stevebenen.com\/thecarpetbaggerreport\/wp-json\/wp\/v2\/posts\/4359","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stevebenen.com\/thecarpetbaggerreport\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stevebenen.com\/thecarpetbaggerreport\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stevebenen.com\/thecarpetbaggerreport\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/stevebenen.com\/thecarpetbaggerreport\/wp-json\/wp\/v2\/comments?post=4359"}],"version-history":[{"count":0,"href":"https:\/\/stevebenen.com\/thecarpetbaggerreport\/wp-json\/wp\/v2\/posts\/4359\/revisions"}],"wp:attachment":[{"href":"https:\/\/stevebenen.com\/thecarpetbaggerreport\/wp-json\/wp\/v2\/media?parent=4359"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stevebenen.com\/thecarpetbaggerreport\/wp-json\/wp\/v2\/categories?post=4359"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stevebenen.com\/thecarpetbaggerreport\/wp-json\/wp\/v2\/tags?post=4359"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}