Posts Tagged banking

As goes our banking sector, so goes our healthcare

I just want to know- did anyone in the McCain camp remember before the most recent issue of the magazine “Contingencies” was published this week that John McCain had been quoted as saying:

Opening up the health insurance market to more vigorous nationwide competition, as we have done over the last decade in banking, would provide more choices of innovative products less burdened by the worst excesses of state-based regulation.

Surely they just forgot to pull that quote once the meltdown on Wall Street was in full swing?  No self-respecting advisor worth his or her salt would allow their candidate to be caught dead making this sort of a comment in the middle of an economic crisis.

I’d be willing to bet that this is the same advisor who let the candidate go out last Monday morning and proclaim that the “fundamentals of the economy” are strong.

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