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McDeregulation

Today's news is that wanna-be president, John McCain, has suspended his present campaign in order to return to Washington to grapple with the present financial upheavals confronting America. He is also calling on George W to, in effect, do something.

It seems like McCain is involved in double-speak, as commentator and gadfly Keith Olbermann highlights in a piece on Information Clearing House piece "McDeregulation" and a video:

"There is a man running for president who actually believes -- right now -- that deregulation has been a great thing for the U-S economy... He has surrounded himself with lobbyists who made millions pushing for the regulatory changes that facilitated the current crisis... And he thinks that deregulation of the banking industry has been so great... we should do the exact same thing with -- make that "to" -- health care. Naturally his campaign today conducted a conference call to announce the New York Times can no longer be considered a news organization... and when Politico-Dot-Com chronicles the factual errors the campaign makes during the conference call... the campaign declares the Politico writer is quote "in the tank." Our fifth story on the Countdown: The Political Implosion of John McCain.

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