McCain fumbles this week

While neither candidate has spoken particularly well on this crisis. McCain’s week was a bit rougher. Johnathan Martin over at Politico has the story, here’s the excerpt:

 John McCain, whose stumbles this week seemed to lend credence to the view that economics is not his strong suit.

He said the fundamentals of the economy were “strong,” then he said the economy was “in crisis.”

He called for a 9/11 Commission-style investigation into the financial crisis, then never brought it up again. 

He said he opposed the $85 billion bailout of insurance giantAIG, then he said he supported it. 

He said SEC Chairman Chris Cox had “betrayed the public’s trust” and should be fired, then called him a “good man” who only had to resign to be held accountable as the head of the commission. 

And McCain’s campaign blasted Obama for not taking a firm stance on the AIG rescue, but McCain himself has declined to take a definitive position on the Bush administration’s $500 billion to $1 trillion plan to buy up the bad debt of other financial institutions.


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