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ABC News: McCain policies helped cause econ meltdown

americablog.com — VIDEO and Transcript: ABC shows how John McCain supported the very deregulation rules that companies like AIG exploited in order to get in to the economic mess they're in. That links McCain directly to the current crisis.

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  • cjschreiber, on 09/19/2008, -0/+1Umm, the repeal of Glass-Steagall helped ameliorate the current situation. http://www.marginalrevolution.com/marginalrevoluti ...

    Now, aside from that, how does your common sense let you think that a crisis that has been punctuated by the failure of an investment bank, the bailout of another investment bank, and a contingent-liability line-of-credit to an insurance company stem from the deregulation of traditional banks?

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