Cox the Corporate Cog.
So, apparently Rep. Chris Cox (R-CA), Dubya's new pick to head the SEC, is -- wait for it -- yes, yet another right-wing freakshow, this time of the corporate stooge variety. "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."
0 TrackBacks
Listed below are links to blogs that reference this entry: Cox the Corporate Cog..
TrackBack URL for this entry: http://www.ghostinthemachine.net/movabletype/mt-tb.cgi/92
seriously, how insane are these people? To think that a person owns his own life and owns the products he creates and that taxation by force is theft? that's just crazy.
Yeah, isn't it?
Not really sure how the labor theory of value is relevant when we're talking about dividends, executive stock options, and such, tho'.
Taxation by force? Last I checked, these people used the roads, received police and fire protection when needed, and generally enjoyed the accoutrements of society at large. So, they -- like all citizens -- pay their part in maintaining the infrastructure. (Well, that is, unless they've built up a few tax shelters overseas, as per our esteemed leaders.)