The disconnect between John McCain and the truth continues. The latest example is John McCain complaining about the lack of oversight of financial markets. Next time, someone aught to remind him of the man standing behind him, as McCain made his case for reform. Perhaps it is just a game for the Republicans. Maybe they just want to rub it in so that they don't care for the truth, to demonstrate that issues don't matter, and that they have Big Media in their pocket. Otherwise, you would think that McCain would avoid making a campaign appearance with Jeb Bush, who is George Bush's brother AND CURRENTLY WORKING AS A FINANCIAL CONSULTANT FOR LEHMAN BROTHERS!
Perhaps Karl Rove is bored, and he just wants to demostrate how stupid he thinks Americans are, so he has John McCain appear with Jeb Bush to decry financial regulations. The only way to top this is to have John McCain make a campaign appearance with Charles Keating.
http://www.miamiherald.com/news/politics/story/687007.htmlMcCain slams 'outdated' oversight of financial markets/snip
JACKSONVILLE -- In the shadow of another financial scare with the bankruptcy of Lehman Brothers, Republican John McCain on Monday lashed out at the current administration's regulation of Wall Street as ''outdated'' and ''tax burden-built'' and vowed to 'end the old boys' network'' that he says is crippling America's financial markets.
''People are frightened by these events,'' he told a friendly crowd of 3,000 supporters on the opening day of a two-day Florida tour. ``The fundamentals of our economy are still strong but these are very, very difficult times. I promise you we will never put America in this position again.''
* * *
Sitting behind McCain was former Gov. Jeb Bush, who was hired a year ago by Lehman Brothers as a financial consultant. As governor, Bush served on the three-member State Board of Administration that agreed to let the state's retirement fund buy a series of mortgage-backed securities from Lehman Brothers that turned out to be troubled. The subsequent steep drop in value prompted a $9 billion run on the fund last December by local governments who had invested their money in the SBA managed fund. Lehman also manages two funds for the SBA, which is also heavily invested in some Lehman securities.Bush spoke to the crowd and offered three reasons why they should elect McCain to replace his brother in office: McCain's ''zeal for reform,'' he ``won't coddle dictators and McCain ``has been tested.''
''Who knows what will come in the next eight years,'' Bush said. ``But I want someone who is president of the United States whose compass points north.''
Bush refused to make himself available to reporters.
/snip