November 27, 2002

New York Attorney General Elliot

New York Attorney General Elliot Spitzer's investigations on corporate scandal have been more effective than anything done by Washington Democrats. He has no intention of brutally punishing Wall Street firms. He told Noam Scheiber, "This is not a Robin Hood effort." He's taken an intellectually honest fraud angle and reaped a big settlement from Merrill Lynch.

Think about Elliot Spitzer on the Democratic national ticket in 2004. I see little possibility of him running for President, but he would make an interesting pro-consumer, pro-investor, pragmatic VP candidate. I don't think it would be a wild stretch for President Bush to nominate him as SEC chief. After the problems with Harvey Pitt, a Spitzer nomination would kill any future corporate scandal attacks from Democrats.

Spitzer would certainly be a different kind of Democrat than AlGore who is going farther and farther to the Left the more times he's being interviewed.

"Consumer Party"