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Wall Street Journal swings at McCain
brooklyneast05
post Sep 19 2008, 04:27 PM
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QUOTE
When you graduate 894th out of a class of 899, eventually it will show up.

And John McCain’s mediocre performance at the Naval Academy is showing up big time this week in his total lack of understanding of the nation’s financial crisis.

He told us he didn’t know much about the economy… now he’s proving it.

So much so that the Wall Street Journal, perhaps America’s leading financial publication, is blasting McCain over what its editorial board sees as inaccurate and, “unpresidential” comments about the crisis in America’s financial system.

If you’re a Republican running for president of the United States and the Wall Street Journal basically says you’re an incompetent buffoon, you’re in serious trouble.

Specifically the paper pointed to comments McCain made yesterday about SEC Chair Christopher Cox.

McCain pointed the finger at Cox and said if he were president, he’d fire him for “betraying the public’s trust.”

The Wall Street Journal called that assault “both false and deeply unfair.”

The Journal also said, “In a crisis voters want steady, calm leadership… not easy, misleading answers that will do nothing to help.”

Here’s my question to you: What does it mean when the Wall Street Journal slams Mcain on the economy?


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Reidar
post Sep 19 2008, 05:22 PM
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McCain (and Obama) is (are) correct. Christopher Cox is a jackass. He knew that some large financial and insurance companies were buying risky housing loans, hoping to make a quick buck on consumers paying mortgage interest, and he did nothing to issue strict warnings. Guys like Neil Cavuto defend him and big oil companies in regards to how it's not their job to tell people this stuff, which is pretty weak to me. He was appointed by Bush, so it's not like a conservative outlet is defending a non-partisan guy from a Republican.

Obama himself stated that Cox should be fired along with the entire administration around him.
 

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