29 September 2008

The 3 A.M. Call

Go get 'im, Krugman!
"The real revelation of the last few weeks, however, has been just how erratic Mr. McCain's views on economics are. At any given moment, he seems to have very strong opinions -- but a few days later, he goes off in a completely different direction.

Thus on Sept. 15 he declared -- for at least the 18th time this year -- that 'the fundamentals of our economy are strong.' This was the day after Lehman failed and Merrill Lynch was taken over, and the financial crisis entered a new, even more dangerous stage.

But three days later he declared that America's financial markets have become a 'casino,' and said that he'd fire the head of the Securities and Exchange Commission -- which, by the way, isn't in the president's power."

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