Financial Markets Tumble; McCain Adviser is to Blame

McCain has called his chief economic adviser (and UBS lobbyist) one of the smartest people he knows, but he also happens to be the guy who deregulated Wall Street to allow it to drive the market and buy up the risky mortgages that have ruined the economy.  He also deregulated the energy markets which benefitted Enron while his wife was on the board of directors there.  Phil Gramm’s advice to John McCain…continue to deregulate, and John has pushed this very idea.  However, on a day when the markets are tumbling, John, who’s more and more becoming the master of deception rather than the straight talk express, is slamming the regulators to be like Obama.  How convenient.

Three old guys who know how to do favors for friends, and wreck the economy (McCain, Gramm, Cheney).