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Tuesday, September 16, 2008

McCain’s reform platform: some shakin’ up and some fixin’

Apparently, John McCain has plans for a series of important, much needed reforms if he is elected president.

According to MSNBC’s FIRSTREAD yesterday, The vice-presidential nominee:

…said that the fall of Lehman Brothers is “taking a toll on our economy” and that it needed some “shakin’ up and some fixin’.”

uscongress“I’m glad to see, in this case, the Federal Reserve and the Treasury have said no to using taxpayer money to bail out another one,” she said, referring to the government bailout of Bear Sterns last spring.

She also promised that a McCain-Palin administration would “put an end to the mismanagement and abuses in Washington and on Wall Street that have resulted in this financial crisis.”

“We are going to reform the way Wall Street does business and stop multi-million dollar payouts and golden parachutes to CEOs who break the public trust,” Palin said.

Great news! Funny thing though, wasn't there a Republican president in the White House for the past seven years? And didn't the Republicans win control of both houses of Congress in the elections of 1994? And didn't the Republicans control both houses until 2006—except the Senate for 2001 and 2002?

So when Palin promised that a McCain-Palin administration would “put an end to the mismanagement and abuses in Washington and on Wall Street that have resulted in this financial crisis,” does she mean the Republicans and one of their most influential members, Senator John McCain, is responsible for “the mismanagement and abuses in Washington and on Wall Street that have resulted in this financial crisis?”

Go figure, McCain and the Republican party promising to reform themselves. Who in their right minds would appoint the fox as sheriff of the chicken coup?

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