Joe Biden stepped up and took an aggressive position against McCain on the newest market meltdown. In McCain's world, everything is fundamentally fine.
"John McCain has confessed, and I quote - I want to make sure I get it right - he said, it's easy for me to be in Washington and frankly be somewhat divorced from the day-to-day challenges people have. Well, he's right. He's right. If all you do is walk the halls of power, all you'll hear is the wants of the powerful. Ladies and gentleman, I believe that's why John McCain could say with a straight face as recently as this morning, and this is a quote, the fundamentals of the economy are strong. That's what John said. He says that we've made great progress economically, in the Bush years. Ladies and gentlemen, I could walk from here to Lansing, and I wouldn't run into a single person who thought our economy was doing well, unless I ran into John McCain."
All hail Conservatism and their destructive policies. Wall Street bears witness to them as Lehman and Merrill rock The Street.
The venerable Lehman Brothers investment bank said early Monday that it will file for bankruptcy, while Bank of America unveiled plans to buy Merrill Lynch -- two pieces of news that profoundly alter the American financial landscape...