Change We Can Believe In

Change We Can Believe In

While John McCain is out and about touting how the “fundamentals” of the economy are strong (as to what he means by “fundamentals,” I’m sure he has a very thorough answer), because to say they aren’t means that you are insulting hard-working Americans (unlike, say, actively voting against workers’ rights), McCain’s economic council is busy pretending that they had nothing to do with bringing about one of the worst economic crises in U.S. history. Worth mentioning in particular is Phil “A Nation of Whiners” Gramm’s special role:

Gramm orchestrated the Gramm-Leach-Bliley Act in 1999 which “destroyed the Depression-era barrier to the merger of stockbrokers, banks and insurance companies.” He also pushed the Commodity Futures Modernization Act in 2000, which made legal “the mortgage swaps distancing the originator of the loan from the ultimate collector.” The Nation writes that “those two acts effectively ended significant regulation of the financial community.”

So basically, if this chart of Obama’s and McCain’s respective tax proposals hadn’t already convinced you that it’s in your best interest to vote for Obama, then McCain’s surreal ineptitude regarding the economy, as well as his cadre of buffoons, should perhaps be some food for thought.