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McCain's judgment gets worse

 

Last updated 9/25/2008 at Noon



The Wall Street meltdown is a wake-up call for any voter considering a McCain presidency. Failed banks and investment giants are the same ones that Bush and McCain wanted us to “invest” in under the Social Security Privatization Act of 2006, which McCain supported and voted for and from which financial firms stood to gain billions of dollars in fees.

In 1998, McCain voted twice to replace Social Security’s guaranteed benefits with income from risk-based private investments. A centerpiece of McCain’s 2000 presidential bid was a plan to divert a portion of Social Security payroll tax...



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