How the World Works

McCain continues war on capitalism

No wonder Rush Limbaugh, Sean Hannity, and Ann Coulter are so upset.

In Boston on Monday, Senator John McCain announced that he was in favor of putting corporate CEOs who misbehaved in shackles and leg irons!

OK, well, not exactly.

From the Wall Street Journal:

"Unfettered capitalism is not something that I said I support," Mr. McCain said. "I support capitalism and the free-enterprise system, and that's why we have various agencies of government to bring these things under control. And from time to time throughout our history, there are excesses, and we have to fix them."

What is the madman going to say next? Does he also oppose child labor? Slavery? Lead poisoning? Apple pie and Chevrolet? Like many Americans, How the World Works has been puzzled at the spectacle of the Great Right Wing Talk Radio Jihad Against McCain. But now I think I understand. Any Republican who is willing to say, in public, that he doesn't support "unfettered capitalism," is without question a wild man whose fingers can't be allowed anywhere near The Button.

Posted in: Economy

A Chinese conspiracy theory
Some Chinese think the U.S. purposely duped China into buying bad Treasury bonds. But that's giving the U.S. too much credit
LPGA to Korean golfers: Never mind!
Let a thousand languages flourish on the green -- The Ladies' Tour backs off its requirement for English proficiency
A condom ringtone to die for
It was the best of all prophylactic public service campaigns. It was the worst of all prophylactic public service campaigns
Unemployment: 6.1 percent and rising
John McCain promised wage insurance for out-of-luck Americans Thursday night. No time like the present!

About How the World Works

A conversation about globalization.

Recent Posts

LPGA to Korean golfers: Never mind!
Let a thousand languages flourish on the green -- The Ladies' Tour backs off its requirement for English proficiency
A condom ringtone to die for
It was the best of all prophylactic public service campaigns. It was the worst of all prophylactic public service campaigns
Unemployment: 6.1 percent and rising
John McCain promised wage insurance for out-of-luck Americans Thursday night. No time like the present!

Full Archive

RSS Feed

Posts by date

September 2008
SuMoTuWeThFrSa
123456
78910111213
14151617181920
21222324252627
282930

Comments?

You can e-mail me directly at aleonard@salon.com. But to join the conversation with your comments, please use our letters to the editor feature at the bottom of each article.