"While Mr. McCain has cited the need for additional oversight when it comes to specific situations, like the mortgage problems behind the current shocks on Wall Street, he has consistently characterized himself as fundamentally a deregulator and he has no history prior to the presidential campaign of advocating steps to tighten standards on investment firms...
...Mr. Obama set out his general approach to financial regulation in March, calling for regulating investment banks, mortgage brokers and hedge funds much as commercial banks are. And he would streamline the overlapping regulatory agencies and create a commission to monitor threats to the financial system and report to the White House and Congress."
Personally I'll take Obama's key advisors (Bob Rubin, Paul Volcker, Larry Summers) over McCain's (Phil Gramm, Alan Greenspan, John Thain)
http://www.nytimes.com/2008/09/16/us/politics/16record.html?_r=1&hp=&adxnnl=1&oref=slogin&adxnnlx=1221566515-UH0nNuyofjL6EJjCKgUhdw
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