A Modest Proposal For An Unpleasant Job

So, the next SEC chairman will get to take over a financial system on the brink of collapse, sell a bailout that the public is convinced is a scam to raise their taxes, and navigate past the knives of the corporate chiefs who want governmet aid today but will whine about regulation tomorrow. No wonder John McCain is looking far afield for an SEC chairman (though the chance that he'll get to name him seems to be diminishing daily--let's assume he won't propose postponing the election).

If Andrew Cuomo isn't your kind of guy, Chumpchanger is happy to nominate a far stronger  out of the box choice: Eliot Spitzer. He's not soft on Wall Street, he's been around the block, he is a lot smarter on regulatory matters than personal ones. And most important, he's a guy without a lot of options, a key credential when you need to fill a job that nobody want.