Wednesday, June 11, 2008

Good grief...

John McCain continues to rail against private enterprise.

http://www.ft.com/cms/s/0/c0b00372-372b-11dd-bc1c-0000779fd2ac.html

Some of the more disturbing quotes from the article:
Senator McCain:
"Something is seriously wrong when the American people are left to bear the consequences of reckless corporate conduct, while the offenders themselves are packed off with another $40m or $50m for the road,” he said. “If I am elected president, I intend to see that wrongdoing of this kind is called to account by federal prosecutors."
He's clearly referring to the "Mortgage Crisis" here and I would love to see Senator McCain open an investigation into the legislation and regulations by the U.S. Congress that played a part in this mess. I won't hold my breath though.

John Diamond:
John Diamond, a tax policy expert at Rice University and an economic adviser to Mr McCain, said it was important for the senator to distance himself from the “corporate welfare” associated with the Bush administration. “Big business has seemed to really benefit from the past eight years and there is real public pressure to take some of those breaks away,” he said.
There's just so much wrong here I don't know where to begin. This guy might be a "Tax Policy Expert" (though I not sure what the criteria to be ordained such requires) but these statements are pure Populist nonsense. I get so infuriated when I hear this kind of nonsense coming out of any candidates campaign it isn't even funny. But it pains me no end to hear it coming from a "Republican" campaign adviser.

I swear I am just going to vote Libertarian.

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