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

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Is the Obama economic rescue plan a failure?
Swayed by GOP attacks, independent voters are abandoning ship. But the summer of stimulus love has hardly started
Are automaker woes skewing unemployment figures?
In the summer, the Big 3 usually idle factories and lay off workers. But this year, they're ahead of schedule
The Pope's liberal Christian values
Social justice, wealth redistribution, a new morality for Wall Street -- the pontiff throws down on capitalism

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