Obama Blames Bush for Lehman Failure; McCain Faults Absence of Regulation
Presidential candidates Barack Obama and John McCain called for more stringent regulations as a financial crisis deepened on Wall Street, and Obama said he blamed the economic policies of President George W. ...
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#1 Sep 17, 2008
McCain faults absence of regulation. What a joke. No way to turn this around. He stated over and over and over throughout his many years in Congress, including during this campaign that he is an anti-regulator. Way too late to change this story!
You either believe that not regulating the private sector is a good idea or not. The Republicans say do not regulate. This is the greatest bank collapse since 1930 --- who is right here??? Certainly not the Republicans and McCain.
Saint Paul, MN
#2 Apr 28, 2009
Well, if you would have paid attention you would have know that McCain was asking for them to enforce the rules that were existing, the democrats refused, next step was to change a couple rules to control fannie mae and freddie mac, and once again the democrats refused to take any action, even barney frank not only refused to look at the books, but made a big statement about how great things were going and we were going to push for more of the same.
Well, the house of cards came crashing down, and it's not over yet, in 3 months when gas is up at 5.00 a gallon watch to see how everything goes into the tank, after this obama will be a one term president and from the anger I all ready here on the street, we have a senator here that will be working in the private sector for the first time in her life, not very happy..
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