Wednesday, September 17, 2008

McCain and the Markets

It's easy to see how a 21-year member of the U.S. Senate like John McCain, or even a Senate rookie, could regard Wall Street as a mysterious and distant planet. Indeed, on the evidence of the past few days, Senators McCain and Obama would appear to know more about Mars than they do about financial markets.

McCain says Wall Street is greedy and corrupt and he intends to fix it but doesn't understand that the greed and corruption emanates from Washington, D.C.

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