Both Obama and McCain have taken money from the financial services industry. So?

McCain's philisophy of deregulation is responsible for this mess!

The failures of these various financial institutions is mostly due to deregulation and lack of oversight, and that is something that McCain bears direct responsibility for. McCain serves on the Senate Commerce Committee and has responsibility for regulating these insittutions. He describes himself as a "strong deregulator" and in the past has taken "credit" for deregulating these industries. Now that the lack of oversight has resulted in a financial meltdown, he is calling for more regulation and oversight! What a liar! He spends his career rolling back regulation and oversight and now he wants us to believe he is the one who will bring responsible regulation these industries? The man is so full of shit!

Phil Graham was coathur of the act that rolled back the protections of the Glass-Steagle act and deregulated the derivitives markets. That's the same guy who was McCain's campaign manager until he called us all a "nation of whiners" and the economy a "mental recession." McCain's campaign manager wrote the law that allowed this shit to happen! McCain has no credibility on this subject at all!