John McCain, having no idea what got us into this mess (i.e. his own party), said in March 2008 that he was in favor of less regulation. Really.

John McCain is either an idiot, or a he has been corrupted by the lobbyists running his campaign (and writing his speeches).

The fact that there was NO regulation of the out of control REIC, no regulation of the out of control investment banks, no oversight of Fannie and Freddie, no oversight of the gambling banks - IS WHAT GOT US INTO THIS F*CKING MESS.

Seriously, how much more obvious can it be?

So McCain's solution? Even less regulation, even less accounting oversight, even less government involvement.

It's too bad that the vast majority of Americans are too financially illiterate to understand this kind of stuff. Because it's pretty fricking important.

Here's John McCain, the economic fool, from March:

"In financial institutions, there is no substitute for adequate capital to serve as a buffer against losses. Our financial market approach should include encouraging increased capital in financial institutions by removing regulatory, accounting and tax impediments to raising capital."