CONGRESSMAN JOHN MICA SHOWS POOR JUDGMENT ON QUESTION OF FIRING SEC CHAIRMAN, JUST LIKE SENATOR JOHN MCCAIN

JOHN McCAIN and JOHN MICA are both kiss-up, kick down kind of guys -- just like BUSH's interim appointment as UN Ambassador.

Thus it is not surprising that McCAIN would call for -- and MICA would not criticize -- the proposed firing of the SEC CHairman.

SEC is an independent regulatory agency -- the President can't fire its board members. We learned this freshman year in Valerie Earle's Government Class at Georgetown University, in 1974.

JOHN MICA has been a Congressman for 16 years. JOHN MCCAIN has been in Congress for 26 years. Their brains have gone soft, which is what happens when you let lobbyists do your thinkin' and do too much drinkin'.

Here's what JOHN MICA said to the Moonie-owned conservative Washington Times:


"I sure think Cox needs to do some answering to Congress," said Rep. John Mica, Florida Republican. "One of the things I heard from my constituents is they want somebody held responsible for the collapse of some of these markets - and executives walking way from Fannie Mae and others with tens of millions of dollars."

JOHN MICA, the one who needs to answer for this is lobbyist-directed deregulators like you, who supported the Commodity Modernization bill in 2000, allowing speculation in derivatives and other puffs of smoke that caused this mess.

JOHN MICA needs to do "some answering" and we want him "held responsible for the collaprse of some of thse markets."

JOHN MICA said, "I don't know whether firing Cox is called for, but if I were Chris, I think I would be circulating some resumes," Mr. Mica said."

SEC is a quasi-legislative body whose members can't be fired for political reasons, any more than FDR could fire an FTC COmmissioners. Humphrey's Executor v. United States, 295 U.S. 602 (1935), available on the Internet at http://www.law.cornell.edu/supct/html/historics/USSC_CR_0295_0602_ZO.html

I reckon JOHN MICA is a poor leader, because he's always proposing unconstitutional actions, from his demand to shut down investigations of Abu Ghraib and Guantanamo to his imagining a President can fire an SEC Chair. Such squitterings on MICA's part are an embarassment to us all -- it's time for MICA to go.