Concerned about financial scandals? Looking for The Enforcer to insure a just playing field for everybody? All eyes turn to the Securities and Exchange Commission.




Notice anything? How about those Roman numerals? What date is that? 1934?

The SEC is a product of the "socialist" Franklin D. Roosevelt administration! Or at least, that was one of the epithets hurled at the guy. Back then, Republicans claimed he was out to destroy capitalism. Boy, were they wrong.

These days, some conservatives harken to pre-FDR times, but do they want to dismantle the SEC along the way? Probably not, but you can be sure they'd like to remove that irritating date from the seal.
posted by Quiddity at 8/18/2002 01:02:00 AM