McCain Enabled Our Economic Meltdown

By Robert Scheer, Truthdig. Posted September 18, 2008.

McCain voted for abolishing all of the significant rules put in place
at the time of the Great Depression designed to prevent a repeat.

Gag me with a spoon, as Valley girls used to say. Did you see that
McCain-Palin ad promising "tougher rules on Wall Street to protect
your life savings, no special interest giveaways"? Just how dumb do
they think we are?

Seriously, 20 minutes of Google searches should be sufficient to
convince all but the dimwits among us that John McCain has been a
master of the special-interest giveaways to Wall Street that enabled
this meltdown. He voted for abolishing all of the significant rules
put in place at the time of the Great Depression designed to prevent a
repeat. The two main bills accomplishing that, bills which McCain
enthusiastically supported, were the Commodity Futures Modernization
Act and the Gramm-Leach-Bliley Act. The Gramm is former Sen. Phil
Gramm, who was chair of the Senate Banking Committee when he acted as
chief sponsor of both pieces of legislation. The same Gramm that
McCain picked to co-chair his presidential campaign.

Zaroc Stone wrote:

No he didn't.

And Scheer is a fired liar.

--
not too random uselessnet weirdness:

Bill Shatzer wrote:

"And over 4,000 Americans have paid with their lives for that little
adventure. Plus a half a trillion dollars in national treasure

You might compare that with the number of lives lost on 9-11. Or the
economic injury incurred from that event.

It would have been cheaper in both lives and money to just suffer
another 9-11 every six or seven years.

Peace and justice,"

Baxter blurts out a plaintive call for Viagra:

"At my age, I don't need balls. I'm done with the procreation stuff."