Wednesday, September 24, 2008

McCain Defends Deregulating Wall Street

Hmmmm. . . John McCain on 60 minutes defending the de-regulation and claiming it was the best thing for our economy. Maybe we should be discussing Alzheimer's and not his melanoma.

Which of the candidates are better trusted with your tax dollars, your investments, and your future?

McCain's campaign manager was paid more than $30,000 a month for five years (that totals $1.8 million for anyone keeping track) to defend mortgage giants Fannie Mae and Freddie Mac against stricter regulations. Whose interest is being srved here? And now they want to use your tax dollars to bail them out. . .

"The massive bailouts which will transfer $700 billion taxpayer dollars to purchase the distressed assets of several failed financial institutions, will be conducted in a manner unchallengeable by courts and ungovernable by the People's duly sworn representatives. All decision-making power will be consolidated into the Executive Branch"

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