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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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New page -- needs title & page settings.
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http://zfacts.com/p/976.html | 10/11/08 09:27 GMT
Modified: Sun, 30 Mar 2008 21:17:49 GMT
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| Carbonomics
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