Monday, September 22, 2008

Newly published article by McCain praises bank deregulation, claims the same deregulation of health insurance

Well, well. Apparently the "born-again" banking regulator John McCain published an article in the current issue of Contingencies in which he proposed "Better Health Care at Lower Cost for Every American" (pdf). Steve Benen provides this quotation from the article
"Opening up the health insurance market to more vigorous nationwide competition, as we have done over the last decade in banking, would provide more choices of innovative products less burdened by the worst excesses of state-based regulation."
Barack Obama learned of this McCain authored article praising deregulation of banks and health care. They have put out this advertisement.

McCain's chutzpah claiming to be a born-again regulator is amazing. Either John McCain will say anything that he thinks his audience wants to hear to get elected President, or he is very, very confused. Or both.

Clearly John McCain is not competent to become President. We don't want him given the nuclear football.

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