The GOP's poster boy for Alzheimers doesn't
know there is a problem. Hell, he
doesn't even know what day it is...
This is Obama’s chance to take away the news
cycle from McCain and expose what a fraud he
is about his economic approach. McCain
suddenly wants to be a
reformer.
Well, what was he doing all these years in
Congress to reform Wall St? Nothing. Obama
gives a powerful speech in Golden, CO on the
#1 issue in America.
Play
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Make no mistake: my opponent is
running for four more years of policies
that will throw the economy further out
of balance. His outrage at Wall Street
would be more convincing if he wasn’t
offering them more tax cuts. His call
for fiscal responsibility would be
believable if he wasn’t for more tax
cuts for the wealthiest Americans, and
more of a trillion dollar war in Iraq
paid for with deficit spending and
borrowing from foreign creditors like
China. His newfound support for
regulation bears no resemblance to his
scornful attitude towards oversight and
enforcement. John McCain cannot be
trusted to reestablish proper oversight
of our financial markets for one simple
reason: he has shown time and again that
he does not believe in it.
They call this the ownership society
but what it really means is you’re on
your own. And we know the results…
And McCain’s admitting that conservatism
does not work. He has to run away from his
own party and his own words to try save
himself from the incredible collapse on The
Street. America is watching now.
McCain, May 29, 2007:
“You are interviewing the greatest
free trader you will ever interview, and
the greatest deregulator you will ever
interview,” he said.
We all have to follow rules in our lives,
register our cars, get a license to drive,
but to McCain—corporations need NO
regulations. Well, if AIG goes next—good
night now….(Youtube and transcript under the
fold)
(Read the rest of this story…)