Back to the Basics

On the day that Wall St. comes apart at the seams, McCain chooses to say, "The fundamentals of our economy are strong." Why? Here's one answer on the Huffington Post.

So today, McCain, in an attempt to rewind and replay, has proposed that a commission be created in order to study and assess how this whole economic mess got created. And that commission will look into it and report back to us... 4 years from now? And we will do what? We will ignore the report. Here's Obama's response to that proposal.

By the way, with regard to McCain's economic proposals (not this bit about the commission but the economic platform on which he is running), it's interesting to note that even Alan Greenspan, former chairman of the Federal Reserve and life-long Republican says that it essentially doesn't hold water.