I would so like to get 100% behind this clear speaking, likeable, funny war hero and Senator. I respect and admire his service to our country in the Navy and in the legislature.
But holy cow! The media have stolen his Republican mojo and they won't give it back. In A Second Betrayal, (paid site only, sorry) he and Senator Baucus, and Senator Grassley decry the Spitzer/Pitt "global settlement" as not being punishing enough.
If these two Republicans wanted to improve Corporate Governance and transparency, they should be working on the dividend tax cut.
The global settlement is a display of government coercion of the worst sort: "We don't have the evidence to prosecute you, but if you don't settle, we will leak emails, abet shareholder lawsuits, and ruin your business." If Ralph Nader and Sen. Baucus support this it is par for the course, but Sen. Grassley is Chairman of the Finance Committee. And Sen. McCain should know better.
Sarbanes-Oxley is livable, some tough prosecutions of white-collar crooks will help, but eliminating the double taxation of dividends would do much more than perpetuating this witch hunt.