John McCain and the people around him in part caused the financial crisis tearing into America.
His campaign manager, Rick Davis, who advises McCain on many topics and presumably would have a role in a McCain administration, was receiving $15,000 a month from Freddie Mac until August. Freddie Mac was using Davis to influence McCain, the result of which was fewer regulations and led to the recent take over by the federal government.
It doesn't stop there. Here’s a quote from John McCain’s article, "Better Health Care at Lower Cost for Every American," in the Sept./Oct. issue of Contingencies, the magazine of the American Academy of Actuaries: “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.”
It wasn't greater competition. It was taking away oversight and protection.
McCain needs to take responsibility for his actions and honestly admit that what he did to America turned out so badly.
The problem of course, is now he is pretending that he wasn't part of the problem, that he is an outsider. He is not. Nor is his team, which came right from Bush.
McCain is so rich he can't count his houses. He was part of the group that let greed send our jobs away, that spent a $trillion dollars on Iraq, that let the bankers run amok and rip off homeowners and led to a world-wide crisis.
McCain was part of the Bush program. It is time for a change.
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