Why is John McCain angrily calling for the head of Christopher Cox, the chairman of the SEC? Because he doesn’t know what he’s talking about and needs a scapegoat, writes the Wall Street Journal in an editorial today. "This assault on Mr. Cox is both false and deeply unfair. It's also un-Presidential," the Journal writes.
The Journal observes that neither candidate is particularly knowledgeable about Wall Street, but blows the whistle on McCain for having "taken his populist riffing up a notch and found his scapegoat for financial panic." The editorial board defends Cox against accusations that he let short-sellers run amok in the market, and it slams McCain for fielding “easy, misleading answers,” warning him that he can't win the election unless he stops sounding so much like Al Gore in 2000.