Steal Everything Commission

A California congresscritter who was eyebrow deep in Enron, a pensions scam, and all sorts of nefarious ventures on behalf of the criminal financial class in this country, has been appointed as chairman of the SEC:

Mr. Cox - a devoted student of Ayn Rand, the high priestess of unfettered capitalism - has a long record in the House of promoting the agenda of business interests that are a cornerstone of the Republican Party's political and financial support.

A major recipient of contributions from business groups, the accounting profession and Silicon Valley, he has fought against accounting rules that would give less favorable treatment to corporate mergers and executive stock options. He opposes taxes on dividends and capital gains. And he helped to steer through the House a bill making investor lawsuits more difficult.

Billmon has lots of history on this particular scumbag.