His suggestion not to devalue the American dollar is true. Is the US government in the business to bail financial companies who are not responsible? More companies are going to keep failing, should the government bail out every company? It sets a precident. One of these days the bullet has to bitten, otherwise the deficit will continue to rise.

McCain is definitely an elitiest, after all, he voted against keeping companies from price gouging oil and gasoline. He's the typical for-profit republican. However, I think he's right in some sense. When do we draw the line?