July 24, 2008

Bravo McCain!

Give him credit, he knows how to fix Fannie Mae and Freddie Mac, which are compromising America's credit-worthiness:
If elected, I'll continue my crusade for the right reform of the institutions: making them go away.

See also Paul Gigot for the lowdown on this gargantuan slice of crony capitalism:
The abiding lesson here is what happens when you combine private profit with government power. You create political monsters that are protected both by journalists on the left and pseudo-capitalists on Wall Street, by liberal Democrats and country-club Republicans.