McCain Doesn’t Regret Financial Dergulation; Says It Was “Helpful”
On "60 Minutes" last night, McSame refused to disown the reckless financial deregulation of Wall Street he championed, which experts are universally blaming for the
worst crisis since the Great Depression recent market adjustments.
PELLEY: In 1999, you were one of the Senators who helped pass deregulation of Wall Street. Do you regret that now?
MCCAIN: No. I think the deregulation was probably helpful to the growth of our economy.
That’s like Bud Selig saying he thinks anabolic steroids were helpful to the growth of home runs.
Really, it’s just astonishing that someone who was already knee-deep in banking scandals and who’s economic adviser and campaign manager have their dirty fingerprints all over this one couldn’t at least muster some variation of the "mistakes were made" cliche.
Not McSame. Even in the face of this epic catastrophe, he cannot bring himself to abandon the Club for Growth party line.
That’s the mark of an ideologue, not a maverick.