UPDATE: Obama has co-sponsored a bill with eight other Democrats that is currently before the Senate Banking Committee, S.1181, that would amend the Securities Act of 1934 to include a separate shareholder vote on executive compensation. McCain is not a co-sponsor.
I guess McCain is working on that "commission" to evaluate the not so dire economy so he can't help out on that one. In addition to this bill Obama has a 6-point plan in place that you can actually read!! Yes, an economic PLAN!! Even better it's not an economic plan devised by this guy, Phil Gramm. (scroll on down to Enron Loophole, Banking Deregulation and 2008 Financial CRISIS while you are there). But then despite his lack of knowledge about economics McCain is familiar with financial crisis and deregulation.
Just to refrain from being accused of being sexist by Carly Fiorina I do have news on Sarah Palin. Here's the quote:
"John McCain and I we're going to put an end to the mismanagement and abuses and on Wall Street that have resulted in this financial crisis," Palin said Monday. "We are going to reform the way Wall Street does business and stop multi-million dollar payouts and golden parachutes to CEOs who break the public trust."
Would it be hypocritical to say that if your point person on business and economic affairs is one of those CEO's that broke the public trust by taking a multi-million dollar payout? Or since she's a woman is that sexist?
You know, trying to figure out the political ramblings of the Rethuglicans and particularly McCain Palin is like trying to invent the BlackBerry. I'm going to stick with what makes sense and vote Obama.
OBAMA/BIDEN '08
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