"McCain's chief economic adviser - and perhaps his closest political friend - is the ultimate pure play in free market faith, former Texas Senator Phil Gramm"
- CNN Money
"Phil Gramm is McCain's chief economic adviser"
- Wikipedia
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Tony Fischer
Tony Fischer Photography
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Tony Fischer Photography 57 months ago | reply
Yeah and he was part of the de-regulation process that led to all of this upheaval, remember, for example, when Fannie Mae and Freddy Mac were "let loose"? Ultimately, we, the people, have to pay for the government bailing them out and taking them under control. This is costing us billions, including big payoffs to their corporate executives.
Gramm makes a lot of money personally as a consultant for companies that had been subject to government oversight. He authored legislation giving multi-nationals the unbridled ability to do anything they wanted in the name of profit. Now he is the "Man" for McCain on economics.
I am not against free enterprise at all. I support it strongly and yet I believe - just as strongly - in corporate responsibility, which we have lacked for many years. We are reaping what we sowed.
wquatman 57 months ago | reply
Hi, I'm an admin for a group called U.S. Politics and the World, and we'd love to have this added to the group!
Phil Gramm has nothing to worry about. His wife made a bundle from her Enron position they gave her after she eliminated oversight as a member of the utilities commission, which greatly aided Enron to rip off consumers. He, like wise has greatly profited off of his aid he provided to the corrupt Robber Barons as a Senator and now a insider lobbyist. They're making a killing off their influence peddling and selling out the American public.
If it doesn't effect you, then it's not a problem. That's the Reich Wing attitude.
Tony Fischer Photography 57 months ago | reply
Yes, and he should be investigated, but obviously, there is little hope of that.
If McBush wins, the corrupt and disgusting Gramm will continue to exert power...
skomra 56 months ago | reply
Hi, I'm an admin for a group called McFail, and we'd love to have this added to the group!