WP Editorial Board Defends McCain's Record on Regulation

This was first post I saw defending McCain. Others stated he has always supported deregulation. But this is nothing unusual for John McCain - he does change stances all the time. He seems to go back and forth and depends upon who he speaks with or crowd he addresses. His vote history is for deregulation. Republicans are too.

I am very upset at the Republicans and the stock market crisis!!

I am glad the media is now fact checking all these accusations. This is this greatest service they could offer the American electorate. There is a reason Joe Biden and the Clinton's as well as many others admire John McCain. It's simple-- he has a record of being a moderate, fair politician and someone who will stand up for what he believes is right even if it's unpopular. McCain isn't radically right or radically left. He's in the middle and obviously loves this country very much. With not great ambitions left but to serve his country, McCain may be the wise choice in this time of crisis.

mara

Mccain did that because Obama can be tied to wall st more closely...Obama has more investment lobbyists working for him and has taken more money this year from investment firms... hes just a poltician like everyone else

Did we read the same paper? On Friday, the WSJ excoriated McCain. Here is exactly what the WSJ printed: " Wow. "Betrayed the public's trust." Was Mr. Cox dishonest? No. He merely changed some minor rules, and didn't change others, on short-selling. String him up! Mr. McCain clearly wants to distance himself from the Bush Administration. But this assault on Mr. Cox is both false and deeply unfair. It's also un-Presidential."

TJ

yea Anon is full of it.. the electoral count is the only thing to watch from here till election day

Wow. Did read the same newspaper? This Friday, September 19, the WSJ printed a piece which excoriated McCains. Reporting on mcCain's comments on the SEC chairman, they said, and I quote: "Wow. "Betrayed the public's trust." Was Mr. Cox dishonest? No. He merely changed some minor rules, and didn't change others, on short-selling. String him up! Mr. McCain clearly wants to distance himself from the Bush Administration. But this assault on Mr. Cox is both false and deeply unfair. It's also un-Presidential."In a crisis, voters want steady, calm leadership, not easy, misleading answers that will do nothing to help. Mr. McCain is sounding like a candidate searching for a political foil rather than a genuine solution." Why was another editorial cherry-picked because it presented McCain in a more favorable light. When you are a conservative Republican and Pupert Murdoch's paper is calling you unpresidential you are in big trouble.

McCain has lost the plot.
Palin is dropping in the
polls.

The convention bounce has
disappeared. Republican
policies have run the
economy to the ground.

Even if he goes to the
gates of Hell and catches
Osama bin Laden, McCain will
lose this election.

TALK LIKE YOU HAVE SENSE,LOOK AT THE CFLINTON ADM,1995 IF YOU CAN.AND BE FAIR,CALL A SPADE A SPADE.

Stephen from Indiana,

"Barry is consulting his advisor, James Johnson, chairman and chief executive officer of Fannie Mae and managing director with Lehman Brothers."

Duh, that's WHY the Fed forced Lehman and Fannie out. Republicans are vindictive. They are so vindictive that they crushed companies that so many people invested their life-savings in. Can we say partisan politics have infected thriving businesses AND created some new poor people in the blind pursuit of revenge?

Obama was right. Don't just get rid of the republican SEC head, throw them all out on their ears. Hard-working Americans deserve so much better than this and Michelle Obama was right. America is a mean and nasty country once the blinders are off.

Obama/Biden 08!

McCain is a great hindsight problem solver! Right after the SEC allowed expiration of a temporary prohibition of naked short selling to expire (just in time for Lehman to be forced into bankruptcy due to illegal short-selling), McCain demands the SEC's idiots get canned. Where was his outrage last month before the crisis?

Obama/Biden 08!

hey jazzman your right family connections help just look at penny pritzger and superior bank,they are paying the feds 460million to keep her from prosicution but i guess its worse that neil bush had to pay 50 thousand.with logic like that i really look forward to obamas accounting methods.

Sen. John McCain is a johnny come lately to this issue or has the media forgotten?

Barry is consulting his advisor, James Johnson, chairman and chief executive officer of Fannie Mae and managing director with Lehman Brothers.

After he has been told what to say, he´ll come back and read us the teleprompter: ´About de crisis of Wall Street I have to say ... mmm .... that CHANGE is the best´

btw i meant bush sr and mccain served with honor etc...

why all this ? john mccain is a fairly conservative republican and always has been . i totally understand his wanting more oversight ,for many reasons ,some good for this country and some just good for himself and the republicans.

he couldnt believe just that his party got so enamored with allowing wall street and the insured banking industry to merge (most of them ,republicans that is, getting rich(er) in the process ) they lost sight of what a conservative is, and i think he never has been anything but ,financially especially.

john mccain ,whatever else he is ,is a real american patriot ,like gw bush sr.
i have never believed either of these men would do knowingly do anything to hurt this country. the keyword there is "knowingly" .

to be ignorant , even while trying their best to make up for lack of understanding might be ok for somethings ,but as chuck rangel pointed out yesterday or the day before ,the presidency of the united states of america is a job tht neither of those 2 (mccain/palin) are ready for.

i am a liberal but i respect the military greatly and both men served with honor. mccain would be a man i could vote for perhaps IF there was not a better man for the country OVERALL as an alternative.

obama isnt perfect ,he isnt that much more appealing to me than any other career politician ,but i really believe he will have the most innovative and energizing agenda between the 2.

i personally could cross any party line for the right candidate though . if the republicans wouldve run condi , i would probably have to vote for her twice! but...not mccain/palin

So which is it, less regulation or not less regulation? The Post Editorial was classic in that it highlighted all these blatantly inconsistent but yet stridently absolutist assertions by John McCain, and then neglected to point out the obvious.

The man seems to only know what he's been told, to have no real moorings of his own, and, relatedly, to forget himself quite frequently along the way. How else can you explain surrounding yourself with wacky ideologues like Phil Gramm and Norman Podhoretz after their eight years in which their philosophies have respectively been exposed and discredited?

What has Senator Obama and Senator Biden ever done to demonstrate leadership on the economy? Nothing you say? Well, that's right.

All we get is hope and change. Senator Obama hopes you buy his hype while change is the only thing that would be left in your pocket after his taxes.

jpt writes:
"None of which is to say McCain isn't now amping up his populist rhetoric and positioning; just that the record is more nuanced than Obama would have it."
-----
McCain -- the guy who DIDN'T have to join the mob to get himself elected -- is smart enough, perhaps, to see that it's TIME, past time, for populism.

The corporate press has helped the "post-partisan" Democratic right knock down populism: Dr. Dean, John Edwards, now McCain.

It's time, past time, to turn on Obama, especially if the vapid little punk keeps suggesting that it's McCain, rather than his own over-packaged self, who's "panicked": from the lost years in NY to the hacking of Sarah Palin's email, the press should now take their corporate blinders off, and give this guy the business.

Obama's waay overdue for it -- and the fact that he's going along with Bush NOW, as he did on FISA, is kind of suggestive of who's really who.

"Barry will have his plan as soon as they turn on the teleprompter."

Did anyone see Obama's press conference today? He CANNOT speak fluidly without a teleprompter! He just read from a speech (that he obviously didn't write) where he studdered and messed up the entire time. He still hasn't come up with an economic solution/plan.

When McCain had his conference earlier today, he was obviously more prepared (because he has more experience) and more passionate about finding a solution to this economic crisis than Obama has ever been.

MCAIN/PALIN have my vote!!!

Hey Jake, why haven't you done a story on the hacking job someone did to Palin?

Senator Phil Gramm, creator of McCain's economic policy, said that the recession was just in our heads and we were a nation of whiners. I am wondering if that includes all the filthy rich CEOs and investors that just got a bailout at the expense of my rapidly dwindling bank account?