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Monday, September 15, 2008

Financial Regulatory Blood on McCain's Hands

Left Coaster's Steve Soto has it right:

If the largest United States savings and loan has its bond rating reduced to "junk", and is days away from collapsing, an eight-year GOP president and decades-long member of the Senate Commerce Committee (Mr. Keating Five) shouldn't get away with whistling past the graveyard, as if the GOP-run central banking and regulatory systems were blameless.

If your chief economic advisor and most of your campaign team are the same lobbyists that enabled this carnage, you don't get to look the other way and talk about reform.

And by the way Senator, trying to pivot away from your stupid statement and into a defense of American workers would have a little more weight if hundreds of thousands workers hadn't moved to the unemployment line over the last several months right under your nose.

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