Katrina vanden Heuvel: McCain to Homeowners: Drop Dead

[marmar]

from The Nation:




MCCAIN TO HOMEOWNERS: DROP DEAD...John McCain, unlike his Democratic rivals, seems indifferent to the problems of struggling Americans. Former Clinton Labor Secretary Robert Reich captured McCain's stance when --on ABC's "This Week" roundtable--he called the Republican nominee the "let them eat cake" candidate.

In these days, when as New York Times columnist Paul Krugman points out, " even free-market enthusiasts are talking about increased regulation of securities firms now that the fed has shown that it will rush to their rescue if they get in trouble...Mr. McCain is selling the same old snake oil, claiming that deregulation and tax cuts cure all ills."

It's hard to remember that even Herbert Hoover had more compassion when it came to preventing mass foreclosures of homes and farms. As Susan Dunn, the co-author with James MacGregor Burns of "The Three Roosevelts," reminds us in a smart (March 27) letter to the New York Times: "...in November 1931, even President Herbert Hoover proposed--and Congress later passed--the Home Loan Discount Bank System to reduce foreclosures and encourage home construction. Hoover also established the Reconstruction Finance Corporation to provide liquidity to banks and restore confidence in the banking system. It is a remarkable feat for a politician running for president to be even more out of touch and indifferent to the economic distress of Americans than President Hoover."

Yes it is.


Posted by Katrina vanden Heuvel at 03/30/2008 @ 5:56pm


http://www.thenation.com/blogs/campaignmatters?bid=45&pid=304786

[Juche]

1. Do people know it though

People who post on DU are paying alot more attention to politics than the average person. So its not a quesiton of whether McCain is anti-labor, wants to spend trillions on tax cuts for the rich while ignoring homeowners or is pro-unnecessary trillion dollar wars. Does the average american know any of this? If not, we need to start working right now along with the AFL-CIO, democrats and activist groups to inform the public about McCain on the issues.

[Skink]

2. To his credit he hasn't claimed to be a compassionate conservative

Yet.