The Obama campaign just finished a conference call for reporters to discuss the new ad, "Article," which hits John McCain on his love of deregulation, and his plan to do to healthcare what his and Phil Gramm's policies have already done to the financial markets. Watch the ad:
And more on the "article"
Ever since McCain's article from the September/October edition of Contingencies Magazine was first re-posted by New York Times columnist Paul Krugman on Friday, Democrats have been chomping at the bits to ram it down McCain's throat. After all, what better way to deflate the idea that the Republican nominee, after years of pursuing deregulatory policies, all the sudden was a champion of government oversight? Or, for that matter, what better way to drive home the notion that McCain would put one's health care - not to mention Social Security - at play in a clearly erratic market. And here's Krugman's take (and a clip):
Here’s what McCain has to say about the wonders of market-based health reform: Opening up the health insurance market to more vigorous nationwide competition, as we have done over the last decade in banking, would provide more choices of innovative products less burdened by the worst excesses of state-based regulation.
So McCain, who now poses as the scourge of Wall Street, was praising financial deregulation like 10 seconds ago — and promising that if we marketize health care, it will perform as well as the financial industry!
The full McCain article is available as a PDF file here. The McCain response, according to one reporter on the call, is as follows: "REZKO REZKO REZKO BILL AYERS BILL AYERS REZZZZZKOOOOOO!!!!!!" (cough ... sputter ... sigh...)
Labels: 2008 election, Barack Obama, deregulation, healthcare, John McCain, presidential candidates, the McCain-Bush economy, Wall Street |
