Could McCain be any worse with his grasp of economics? Who is he talking about and what kind of investors? Wall Street? Pension plan companies? American individuals planning their 401K? Real estate? Republicans who engineered this problem? Marrying heiresses to family fortunes? Who is he talking about? McCain is attempting to get the word 'greedy' out there but is too much of a coward to point the finger at anyone so one has to assume he's blaming all Americans. Greed has always played a role on Wall Street and our economic system with the drive to make more money (selling beer, for example) a cornerstone of the system. Right or wrong, it's just how the US system works.
It's pretty obvious that there was excessive greed on Wall Street as well as with real estate speculators but instead of throwing out blanket statements, how about some details or is McCain afraid of angering his base? Is he straight talk or mushy-mouth talk? Is it too much to ask to have McCain specify what went wrong and how we ended up with this recession? McCain needs to admit that his own party with his own votes created the severe economic problems in the US. His party and his advisers supported the excessive greed by Wall Street and they failed to offer any proper balance to the dream list requested by the financial industry. Where was his outrage about greed when all of this was happening? The problem didn't just start yesterday, so let's get more details from McCain.
