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Keating 5 Survivor John McCain Now Favors Regulating Same Industry He De-Regulated When Lobbied 15 Years Ago September 17, 2008

Posted by trouble97018 in Corruption, Economy, McCain, News, Politics.
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Huffington Post

Jennifer Donahue

Posted September 17, 2008 | 07:55 AM (EST)

Today’s news that AIG has been taken over by the federal government for $85 billion dollars could be the straw that breaks John McCain’s back. If, and only if, Obama hits the message home in real time and doesn’t let up until November 4th.

McCain, a champion of deregulation in the Senate, former Commerce Committee Chair, has taken an abrupt about face on the economy after yesterday’s suicide mission in which he called the fundamentals of the economy strong.

In that one statement, then the support of regulation of finance, McCain has demonstrated that he is right. He doesn’t know much about the economy. The late Tim Russert brought that out on Meet the Press not long ago. Source Article

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