I think it is fair to say that a large part of this mess on Wall Street is due to deregulation, mostly championed by Republicans (Senator McCain has been a strong proponent of deregulation). I think it is also fair to say that the Bush administration, after years of not minding the current, took some bold steps this week to try to keep the economy from going down a waterfall.
Senator Obama has supported those efforts and called for bipartisanship.
Senator McCain has, on the other hand, staked out firm positions only to reverse himself the next day, and issued attacks on Senator Obama which, to be tactful, seem to be at odds with the facts. And as the video montage above from the Jed Report shows, Senator McCain has certainly not always been the voice of calm, steady, bipartisanship this week.
The Wall Street Journal Editorial Page, known for its rightward tilt, wrote:
"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."
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