If you enjoyed what Phil Gramm did to the financial sector, then you will love John “Keating Five” McCain in Let’s Create an Even Bigger Health Care Crisis.
The article, which appeared under Sen. McCain’s name, included a favorable reference to banking deregulation that, in light of this week’s near-meltdown in the financial industry, provided an [...]
Archive for September 21st, 2008
McCain Wants to do to Health Care What Phil Gramm did to the Financial Sector
Posted in 2008 Elections, Health, Health Insurance on September 21, 2008 | 1 Comment »
$700 bn Elephant in the Room
Posted in Economy and Business, tagged $700bn bail-out, economy, Fed bail-out, financial crisis on September 21, 2008 | 1 Comment »
I’ve started looking at the Bush Bail-out, and I’m not very happy. There are some very serious loopholes, and some very open-ended power-grabbing contained in these pages with no explanations.
For instance, the Treasury Secretary is authorized to purchase mortgage-related assets from financial institutions, at any price, with virtually no accountability. There’s not strict definition of [...]
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