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    October 19

    MCCAIN-PALIN: MORE OF THE SAME DEREGULATION

     

    • McCain: "I Am Fundamentally A Deregulator…I’m Always For Less Regulation.”  McCain told the Wall Street Journal, “I'm always for less regulation…As far as a need for additional regulations are concerned, I think that depends on the legislative agenda and what the Congress does to some degree, but I am a fundamentally a deregulator. I'd like to see a lot of the unnecessary government regulations eliminated, not just a moratorium. I've thought more on the area of deregulation rather than a moratorium.” [Wall Street Journal, 3/3/08]
    • Wall Street Journal: “McCain Is Sounding Like A Candidate Searching For A Political Foil Rather Than A Genuine Solution.” “In a crisis, voters want steady, calm leadership, not easy, misleading answers that will do nothing to help. Mr. McCain is sounding like a candidate searching for a political foil rather than a genuine solution.” [Editorial, Wall Street Journal, 9/19/08]
    • George Will: Under The Pressure Of The Financial Crisis,” McCain “Is Behaving Like A Flustered Rookie Playing In A League Too High.” Conservative columnist George Will wrote, “Under the pressure of the financial crisis, one presidential candidate is behaving like a
      flustered rookie playing in a league too high. It is not Barack Obama…It is arguable that McCain, because of his boiling moralism and bottomless reservoir of certitudes, is not suited to the presidency.” [George Will, Washington Post, 9/23/08]
    • McCain Has Attacked Executive Compensation But He “Opposes New Government Steps To Curb Pay.” “Sens. John McCain and Barack Obama both attacked executive compensation this past week. Unlike Sens. Obama and Hillary Clinton, however, the likely
      Republican nominee opposes new government steps to curb pay and instead favors privatesector intervention.” [Wall Street Journal, 4/12/08]
    • Obama Has Been A Leader On Stopping Excessive CEO Compensation. Obama was the chief sponsor of a bill to require a nonbinding shareholder vote on executive compensation packages. [S. 1181, Referred to Banking, Housing, and Urban Affairs, 4/20/07]
    • In February 2006, Obama Introduced Legislation To Address Mortgage Lending Practices. After early reports of deteriorating mortgage lending practices and rising foreclosures, Barack Obama introduced the STOP FRAUD Act aimed at stopping mortgage
      transactions that promoted fraud, risk and abuse. Obama’s legislation provides the first federal definition of mortgage fraud, authorizes stiff criminal penalties against fraudsters, and empowers consumers make informed decisions through increased funding for housing counseling. [110th, S. 1222, Referred to Banking, Housing, and Urban Affairs, 4/25/07]

    PAID FOR BY OBAMA FOR AMERICA

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