Chris Cox = Dumb and Dumber!

Newsflash: Our next president John McCain to Chris Cox: YOU'RE FIRED!

Dumb - Chris Cox for being an anti business obstructionist RINO by delaying and preventing reuse of El Toro International Airport after Orange County voters had already TWICE affirmed it! The lack of flights from El Toro has stunted economic growth for Orange County in the meantime.

Without El Toro staying open, air travelers now find themselves saddled with higher air fares locally, or they are forced to cough up nearly $4 a gallon to travel on congested roads to use outlying airports. With oil shooting up by over $16 a barrel today, gas prices will be rebounding to the previously higher prices and may even set new records.

In addition, there are a glut of homes in Orange County because Cox in his infinite wisdom thought it would be a great idea to get El Toro sold to housing developers for chump change, not to mention removing the housing restrictions from the massive El Toro Crash/Buffer zone for the benefit of The Irvine Company.

When housing supply greatly exceeds housing demand, this lowers almost every one's property values with the exception of a few prestigious addresses such as Newport Beach of course. =)

Foreclosures are on the rise. Irvine Company CEO Donald Bren is estimated to have lost over 1 billion dollars to his net worth. Of course, we all know that Lennar leaks money like a submarine with a screen door.

Irvine has also seen some sub prime lenders dry up and close shop. Irvine's economy has primarily been built on the real estate bubble which has been popped. Any wise investor will possess a DIVERSIFIED portfolio. Irvine lacks a diversified economy; thus, construction at the alleged Great Park proceeds at a snail's pace and will not be delivered within our lifetimes.

What Irvine and South Orange County truly lack is a powerful economic catalyst like El Toro International Airport. Los Angeles World Airports is willing to invest billions of dollars in our economy by renovating and re-opening El Toro International Airport. After the initial construction phase, It is estimated that El Toro would create 90,000 jobs and continuously produce $1.5 billion dollars of economic output. Seriously, what have we got to lose?

The reopening of El Toro International Airport would reduce local unemployment, plus cause an influx of workers thereby placing greater demand on the existing housing supply, hence causing prices to rise. Everyone in Orange County, most especially the denizens of South County would see their property values rise as a result. Unfortunately for them, they are not only suffering from lower property values, they are also suffering from a decade plus of irrational Irvine propaganda and fear. They are too paralyzed with irrational hatred and envy of Newport Beach to see the light. (As a free service we are here to re-educate them. No thanks is needed.)

Dumber - Chris Cox for his malfeasance and negligence as Chair of the S.E.C. which has caused economic turmoil to the world's financial markets. There maybe a 700 billion dollar proposal of tax dollars on the table to clean up Cox's mess. However, Wall Street did not respond too favorably today. This indicates the damage done by Cox is far worse than previously imagined.

(Fortunately for yours truly, a significant portion of my assets are invested in oil and gold. Others who are not so lucky will be feeling some economic pain for sure. That is why we need to have El Toro International Airport re-opened!)

George W. Bush will go down in history as one of the best presidents our nation has ever had. However, placing Cox in charge of the S.E.C. has been the very worst decision Mr. Bush has made during what has otherwise been an excellent eight years in office!

Cox is Dumb for Orange County and Dumber for the world. No matter who wins the White House, Cox will be FIRED! It couldn't happen to a nicer guy. He should also serve time at Gitmo for betraying the United States Marine Corps, Orange County, and the world's financial markets.