Getting to know McCain's economic brain, Foreclosure Phil

For those not familiar with the former Senator turned wealthy lobbyist and McCain for President co-chair, this is a must read article. Phil Gramm has played an important role in a number of failed initiatives including the S&L failure, the energy deregulation fallout and Enron, and more recently the subprime mortgage meltdown. Remember, this is the guy who is shaping McCain economic policy. He's a highly paid lobbyist for one of the worst hit banks in the subprime crisis and yet he is still a co-chair of the McCain campaign.

Keep in mind that Phil Gramm and McCain are still unable to admit these policies were failures. Gramm says he "didn't intend this." Not the most comforting response from the architect. This is the same bullheadedness that we've experienced from Bush, who still can't admit any failures. More of the same is not what we need. Read through both links and get to know the man rumored to be McCain's choice as Treasury Secretary.