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The market has plunged 800 points since John McCain nominated former Ebay CEO Meg Whitman to be his Treasury Secretary.

The market has plunged 800 points since John McCain nominated former Ebay CEO Meg Whitman to be his Treasury Secretary.

Anybody who has ever worked on eBay – knows this is a bad idea – disastrous might be putting it mildly. Bad, bad decision! EBay’s stock is losing value – independently of the credit crisis – it’s plummeting on its own. Meg Whitman should be better know as Mickey Mouse Meg! She is no Steve Jobs and I would even venture to say that Carly Fiorina – former HP boss – might have did a better job that she did at eBay.

At the debate, John McCain says he favors ex-eBay CEO Meg Whitman for Secretary of the Treasury. Which would make Whitman the first Treasury Secretary in history to administer financial, economic and PayPal policy. Since McCain promises smaller government, no new taxes and the private sector assuming government functions, he would no doubt encourage Secretary Whitman to combine her new place of business and her old one into one big on-line government service: TreasuryBay.

Here’s what she’ll most likely be selling

Source: 23/6

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