McCain does NOT Regret his vote to Deregulate Wall St……are you kidding me??????

[Joanne98]

Sen. John McCain, at the helm every time the nation has experienced a financial crisis, now claims that he is the one that will fix this problem. McCain was in Congress and was implicated in the Keating Five scandal or more popularly known as the savings and loan crisis. You know, the crisis that resulted in a government bailout of $126 billion dollars.

McCain was also one of the Senators who helped pass the deregulation bill that caused the current crisis. McCain had this to say about the bill’s passing on 60 Minutes last night:

Q: In 1999, you were one of the senators who helped pass deregulation of Wall Street. Do you regret that now?

McCAIN: No. I think the deregulation was probably helpful to the growth of our economy.

If you had any doubt as to how a McCain administration would handle the current financial crisis, the above quote is your answer. Incompetence and denial, denial, denial, denial. McCain is a pure free-market ideologue. He believes that the government should get out of the way and let the private sector regulate itself….well it is that exact ideology that is directly responsible for the greatest collapse of the financial industry since the Depression. To put the cherry on top, the McCain campaign refuses to rule out that Phil Gramm, architect of the deregulation bill that caused this crisis and referred to Americans as a “nation of whiners,” will be the Treasury Secretary in a McCain administration. Thanks for everything Senator McCain but it is really time to turn the page.

http://www.progresspolitics.com/2008/09/22/mccain-does-not-regret-his-vote-to-deregulate-wall-stare-you-kidding-me/

[babylonsister]

1. Obama needs to incorporate that into an ad; I hope they're working

on it.

[Vinca]

2. He has to remain on both sides of the issue so he's flip flopping

like a carp on the dock. Sometimes yes, sometimes no. The man is a joke.

[billyoc]

3. Of course he doesn't, he and his cronies have made more money since then.

[liberal N proud]

4. I was just looking for a piece on this - perfect timing

Thanks for posting this at the perfect moment.
I was telling a coworker about his statement and looking for something on it.

[tekisui]

5. Pukes never regret. They just lie and deflect.

[Loge23]

6. The "growth" was all a bubble!

Is this insane or what?
Forget about whiners; have we become a nation of idiots ?(don't answer that)
How can this ticket (M&P) still have any credibility at all??
There's ONLY TWO reasons to vote republican:
1) Dyed in the wool republicans who never vote outside of party lines.
2) Dyed in the wool racists.

There can be no other logical reason.