John McCain has hooked himself another big lobbyist for his campaign. He's made former Texas Senator and Swiss bank UBS lobbyist Phil Gramm his chief adviser on economic affairs. Gramm also heads his short list for Secretary of the Treasury should McCain be elected in the fall. This should scare you because Gramm is such a good economist -- not to mention such a good public servant -- that he had a big hand in the current sub-prime meltdown in the housing market. Heck, he even has a nickname: Foreclosure Phil. For good background reading on this, check out this article.
29 May 2008
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