John McCain: Gambling With Your Future
John McCain is once again rolling the dice for a high-stakes win. Having demonstrated his capacity for self-contradiction at any turn and suffering in the polls as a result of his past positions and current confusion with the state of our economy, he’s ditching the issues in favor of a risky and flawed attempt to turn the conversation back to culture wars and personal attacks (something he swore he’d never do, of course, but what else is new?)
In the meantime, there are two issues which McCain cannot address adequately. The first is the economy, which he neither understands nor supports. I encourage you to watch the video below to see how McCain, in his own words, falters when he first tries to argue for the value of deregulated financial markets and then, when confronted with the product of those same unregulated markets, turns it around and says he supports regulations to protect citizens.
Here’s reality. Reality is that under a McCain/Palin presidency, any regulatory authority would largely be ignored anyway. McCain has deep ties to Freddie Mac, including large monthly payments to his campaign manager for his lobbying efforts on behalf of Freddie Mac through last month,
This is not new. In the 80’s McCain was one of the Keating Five, the man in the middle of the last financial/real estate scandal of our time — the Savings and Loan meltdown. And then, just as now, it was McCain’s agreement to push for little to no regulation of Savings and Loans that brought down many property owners and small community Savings and Loan Associations.
McCain also doesn’t understand health care and the current issues facing this country in that regard. His plan proposes that we all take a gamble with our health and our homes, a topic I will cover in a separate post.
Watch the video and ask yourself how willing you are to allow John McCain to gamble with what little you have left. On a personal note, I am fairly certain that my father was a compulsive gambler in his later years. When he died in August, he had next to nothing and was dependent upon others for everything. Is that the future we see for our country?