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McCain admitted guilt and returned some money—that makes up for petty corruption. But the point is policy not corruption. The 1989 S&L crisis warned of the danger of banking deregulation. McCain missed the warnings and stuck by his de-regulation advisor, Phil Gramm (It's-a-mental-recession), for 15 years—till July 2008.
McCain says that in September he finally got it—bankers need to be regulated. What do you think? Watch for Phil Gramm in the video. More on Phil Gramm
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The Republican Agenda on Taxes |
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The conservative economists who advise Bush want more than just more tax cuts. And the press is missing the story.
"When the President pledges to create an “era of ownership,” he is not talking merely about encouraging people to buy their own homes and start small businesses. To conservative Republicans who understand his coded language, he is also talking about extending and expanding the tax cuts he introduced in his first term; he is talking about allowing wealthy Americans to shelter much of their income from the I.R.S.; about using the tax code to curtail the government’s role in health care and retirement saving; and, ultimately, about a vision that has entranced but eluded conservatives for decades: the abolition of the graduated income tax and its replacement with a levy that is simpler, flatter, and more favorable to rich people." Full Story.
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http://zfacts.com/p/767.html | 10/11/08 09:28 GMT
Modified: Sun, 16 Apr 2006 05:50:57 GMT
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