Huckabee: McCain Has Always Been Against Regulation, Knows Market ‘Will Correct Itself’
In the wake of the sudden collapse of Wall Street giant banks, Sen. John McCain spent Tuesday “scrambling to recast himself as a champion of regulation,” trying to erase his past support of legislation “to broadly deregulate the banking and insurance industries helping to sweep aside a thicket of rules established over decades.” Reacting to the Fed takeover of AIG, McCain decalred yesterday, “We need strong and effective regulation” in the future.
In the wake of the sudden collapse of Wall Street giant banks, Sen. John McCain spent Tuesday “scrambling to recast himself as a champion of regulation,” trying to erase his past support of legislation “to broadly deregulate the banking and insurance industries helping to sweep aside a thicket of rules established over decades.” Reacting to the Fed takeover of AIG, McCain decalred yesterday, “We need strong and effective regulation” in the future.
However, last night one of his chief campaign surrogates was singing a different tune. On Fox News’s Hannity and Colmes, former governor Mike Huckabee emphasized McCain’s past as a dergulator who would allow the market to “correct itself”:
HUCKABEE: Regulation isn’t the answer to this. In fact, if we go back and overregulate and tinker with it, we’re going to do more damage than we are in terms of a fix. … John McCain has a long history of being against an overreaching government, regulatory environment. It’s a dangerous place for us to go, and what we need to do is recognize the marketplace will correct itself. It’s painful, but it will correct itself.
Romney’s Hypocrisy: ‘The Only Sex Education That’s Appropriate In Kindergarten Is No Sex Education’
On MSNBC’s Morning Joe yesterday, former Massachusetts governor Mitt Romney defended Sen. John McCain’s (R-AZ) attack ad against Sen. Barack Obama (D-IL) that claims Obama wanted kindergarteners to be “learning about sex before learning to read.” The ad has been denounced by non-partisan fact-checking organizations as “simply false” and a “Pants on Fire” lie.
On MSNBC’s Morning Joe yesterday, former Massachusetts governor Mitt Romney defended Sen. John McCain’s (R-AZ) attack ad against Sen. Barack Obama (D-IL) that claims Obama wanted kindergarteners to be “learning about sex before learning to read.” The ad has been denounced by non-partisan fact-checking organizations as “simply false” and a “Pants on Fire” lie.
“The specific bill that Barack Obama voted for calls for sex education beginning as low as the kindergarten,” claimed Romney. Romney then declared that he and McCain both believe that “the only sex education that’s appropriate in kindergarten is no sex education”:
ROMNEY: Well, the specific bill that he, the specific bill that Barack Obama voted for calls for sex education beginning as low as the kindergarten and it includes in that bill language which says that each class is to learn about sexually transmitted diseases. And in my opinion, and John McCain and I share the same view, the only sex education that’s appropriate in kindergarten is no sex education.
Palin Blames Lobbyists Like Her Campaign Manager For The Failure Of Fannie Mae and Freddie Mac
During his interview with Gov. Sarah Palin (R-AK), Fox’s Sean Hannity asked Palin if she believed an investigation was needed into the “relationships between political donations from Fannie and Freddie Mac and the bankruptcy.” Hannity’s question was presumably inspired by Sen. John McCain’s (R-AZ) recent emphasis on the significant number of campaign contributions that the two firms have made in recent years.
Yesterday, however, Palin played down the role that campaign contributions might have played in the Fannie-Freddie collapse. Instead, she emphasized “the role that lobbyists play in an issue like this”:
HANNITY: Should there be an investigation in terms of the relationship between the political donations and then of course the bankruptcy that ensued and the impact on the economy?
PALIN: I think that’s significant, but even more significant is the role that the lobbyists play in an issue like this also. And in that cronyism — it’s symptomatic of the greater problem that we see right now in Washington and that is just that acceptance of the status quo.
During his interview with Gov. Sarah Palin (R-AK), Fox’s Sean Hannity asked Palin if she believed an investigation was needed into the “relationships between political donations from Fannie and Freddie Mac and the bankruptcy.” Hannity’s question was presumably inspired by Sen. John McCain’s (R-AZ) recent emphasis on the significant number of campaign contributions that the two firms have made in recent years.
Yesterday, however, Palin played down the role that campaign contributions might have played in the Fannie-Freddie collapse. Instead, she emphasized “the role that lobbyists play in an issue like this”:
HANNITY: Should there be an investigation in terms of the relationship between the political donations and then of course the bankruptcy that ensued and the impact on the economy?
PALIN: I think that’s significant, but even more significant is the role that the lobbyists play in an issue like this also. And in that cronyism — it’s symptomatic of the greater problem that we see right now in Washington and that is just that acceptance of the status quo.
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