Sunday, September 21, 2008
How John McCain admitted that he helped cause the economic meltdown
John Aravosis (DC) · 9/21/2008 07:21:00 PM ET ·
McCain is an idiot when it comes to the economy, http://www.washingtonpost.com/wp-dyn/content/article/2008/09/20/AR2008092001746.html?hpid=topnewsbut that doesn't mean he was fully involved in helping deregulate it. He was. McCain was chairman of the Senate Commerce Committee, a key committee in overseeing government regulation of the economy. And
McCain sided, over and over again, with those who would deregulate Wall Street - who DID deregulate Wall Street - helping to cause the current economic meltdown. America simply can not afford yet another Republican who believes the magic of deregulation will solve all of our problems. And worse, he believes it because he's just not that bright, at least about economic matters. And with the economy being the number one issue, can we really afford a president whose sum total of experience in this area is his participation in the Keating Five scandal, helping to cause the last banking crisis before this one? John McCain likes to remind us that he was a POW. But he's never made clear how his military experience forty years ago will help create jobs and fix the economy. That's because as laudable as it is, it won't.
http://www.americablog.com/2008/09/how-john-mccain-admitted-that-he-helped.html