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Wednesday, September 17, 2008

Two High Profile Endorsements For Swing Voters To Consider

Takin' it Back with Barack Jack! (For Swing voters!!!)

Obama proud to have the support of Lilly Ledbetter; McCain hides from Lady de Rothschild endorsementMcCain's opposition to regulating the excesses of capitalism goes back to the beginning of his career. And he's never wavered-- until yesterday. Now he and Sarah Palin are all about regulating the evil Wall Street. Let's look at the facts, the facts about a man who boasted to the editorial board of the Wall Street Journal last year that they would never meet a bigger deregulator than himself. That was the ole Straight Talkin' McCain. Now he's shifting like a chameleon who just saw four boomslang and vine snakes approaching from each direction and a Cuckoo Hawk circling overhead.Today's Washington Post goes easy on his flip flop on regulation but even they can't deny his very clear and consistent record.
A decade ago, Sen. John McCain embraced legislation to broadly deregulate the banking and insurance industries, helping to sweep aside a thicket of rules established over decades in favor of a less restricted financial marketplace that proponents said would result in greater economic growth.Now, as the Bush administration scrambles to prevent the collapse of the American International Group (AIG), the nation's largest insurance company, and stabilize a tumultuous Wall Street, the Republican presidential nominee is scrambling to recast himself as a champion of regulation to end "reckless conduct, corruption and unbridled greed" on Wall Street.It's as absurd as the idea of McCain, whose campaign is the most lobbyist-driven political campaign in American history, will get into power and somehow banish lobbyists-- unless he means take them all off K Street and install them in the Executive Branch. Among the several hundred lobbyists doing all they can to elect McCain are 84 who worked for the financial services industries he's been running all around denouncing for two days! He's taken over $24 million from the finance, insurance, and banking industies, over $14 million of which has flooded into his campaign coffers since he clinched the Republican nomination in March. >>>cont
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