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McClatchyDC: McCain's campaign Web site contains no proposal outlining regulatory reform for Wall St

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sabra Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-16-08 11:01 AM
Original message
McClatchyDC: McCain's campaign Web site contains no proposal outlining regulatory reform for Wall St

http://www.mcclatchydc.com/homepage/story/52557.html

<snip>

McCain's campaign Web site contains no proposal outlining regulatory reform for Wall Street. However, in an e-mail, McCain campaign officials provided a broad outline of McCain's plan, which includes strengthening disclosure in the lending process so borrowers know exactly what they are getting into and complete disclosure of all cash and non-cash compensation of corporate CEOs.

Obama, for his part, proposed a six-point plan in March to reform the regulatory system, and it's on his campaign Web site. His plan includes:

* Giving the Federal Reserve basic supervisory authority over all institutions to which it might later be asked to extend credit.

* Strengthening capital and disclosure requirements of financial institutions and management of liquidity risk, and more investigation of rating agencies.

* Creating a financial market oversight commission to anticipate crises and report to the government.

* Streamlining competing regulatory agencies.

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TwilightGardener Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-16-08 11:03 AM
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1. Oh, he'll steal elements of Obama's plan and put it on his website tomorrow, just
like he's been stealing Obama's sayings and slogans and other ideas. I'd put money on it.
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Ichingcarpenter Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-16-08 11:07 AM
Response to Reply #1
2. Didn't he say that people could look at his website this morning?
That he offered solutions? This is the point! He lied or was incompetent to know
what was on his website... Oh, that's right! He doesn't use the computer so
how would he know?

Major fuck up by McCain.
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Skwmom Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-16-08 11:10 AM
Response to Original message
3. Duh. They'll just copy Obama's plan for the election. He's getting elected to lead this
country into other wars. Of course, once he was to take office, his lobbyists friends will handle domestic issues. Why not? It worked for Bush.
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truthisfreedom Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-16-08 11:12 AM
Response to Original message
4. But he invented the MacBerry!
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