Posted by
Roy Rolling on Monday, September 22, 2008 11:28:18 AM
It's clear neither candidate has much of a clue what to do to solve the financial marketplace meltdown. Neither do I, but I had a hunch the solution was runaway, recently-deregulated financial futures trades.
But you'd think the McCain camp would have at least a clue, their campaign manager Rick Davis was the beneficiary of $2 million in FNMA money to lobby for less regulation and more of the type of trading that sunk FNMA and a host of others.
It's hard to find someone more close to the smoking gun than that, unless it is the clueless trigger-men of Washington, out played by the banks of New York.
Once again, the Yankees beat the Senators.