POLITICAL observations & opinions

* Bob Herbert (NYT): How does self-proclaimed “de-regulator” John McCain explain himself today?

Posted by Lew Weinstein on September 30, 2008

Bob Herbert writes in today’s NYT …

  • George W. Bush, along with his irresponsible Republican colleagues (including John McCain) and their running buddies in the corporate and financial sectors, put the entire economy in danger.
  • George H.W. Bush warned us about “voodoo economics” in 1980, but the ideologues clamped a gag on him and put him on the Gipper’s ticket.
  • These madmen of the right were freed of their remaining few restraints with the ascendance of George W. Bush in 2000.
    • These were the reckless clowns who led us into the foolish multitrillion-dollar debacle in Iraq
    • and who crafted tax policies that enormously benefited millionaires and billionaires while at the same time ran up staggering amounts of government debt.
    • This is the crowd that contributed mightily to the greatest disparities in wealth in the U.S. since the gilded age.
    • This was the crowd that cut the cords of corporate and financial regulations and in myriad other ways gleefully hacked away at the best interests of the United States.
  • Now we’re looking into the abyss.
  • It’s fair to ask Senator McCain whether he still considers himself a conservative, small government, anti-regulation, free-market zealot. Or whether he’s seen the light.

Read Bob Herbert’s entire column at … http://www.nytimes.com/2008/09/30/opinion/30herbert.html?_r=1&hp&oref=slogin

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