Saturday, September 20, 2008

John McCain's de-regulation paper trail

By Creature

Despite John McCain's hail-Mary of a campaign strategy casting himself and his co-maverick, Sarah Palin, as champions of regulation he has always been very much against anything of the sort. Obviously McCain is hoping all of America suddenly comes down with a case of amnesia. The only problem with this wing-and-a-prayer approach to campaigning is that John McCain has left a paper trail. A paper trial as fresh as, well, an article written this month. Here's John McCain in his own, de-regulation loving, words [via Krugman]:

Opening up the health insurance market to more vigorous nationwide competition, as we have done over the last decade in banking, would provide more choices of innovative products less burdened by the worst excesses of state-based regulation.

John McCain can hide, he can run, he can campaign like he hasn't been part of the Washington establishment for almost 30 years, but he can't change the fact that the "we" in the above quote very much included him and that "we" has now cost the American tax payer billions and billions of dollars.

John McCain's bad judgment on Iraq has cost us billions and now his bad judgment on the economy has done the same. It's time to hold John McCain accountable for his bad judgment.

For more see Meme and Libby's post below.

(Cross-posted at State of the Day.)

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