Eisboch wrote:
"Harry the K" wrote in message
news
That's the GOP dream world: no government regulation. It's behind the mess
we have on Wall Street and until he flip-flopped earlier this week, it was
part of the McCain Doctrine.


Also behind Bill Clinton in 1999.

There's enough blame to spread around to virtually everybody.




While there is plenty of blame, most of it should be layed off against
the Republicans, and a lot of that blame should be heaped upon Phil
Gramm and his economic acolyte John McCain. It is the Republicans who
abhor government regulation, although it has been interesting this week
to watch the gang that works so hard to privatize profit work at least
as hard to socialize loss.

It's kind of funny to be blaming Bill Clinton. Bush has been president
for almost eight years, and for six of those years his party controlled
congress. During Bush's presidency, there have been plenty of signs the
deregulated financial sector was in deep doo-doo and heading for a hard
fall. Bush is the head of state. He did nothing.

I suspect as the thinking part of the electorate realizes this, the
tight polls that at the moment favor McCain will shift. As an aside, I
find it fascinating that neither McCain nor Palin will "meet the press"
at an open press conference. I suspect it is because McCain doesn't know
enough about the economy and how it works to say anything unprompted
that won't bite him in the ass. As for Palin, she really is turning out
to be a cipher.