If John McCain wins the 2008 Presidential Election, Americans better damn well hope and pray that the fine print found on every glossy mutual fund brochure applies. Because another four years of Bushism in the form of John McCain could make the Great Depression sound like the good old days:
In one of the most dramatic days in Wall Street’s history, Merrill Lynch agreed to sell itself to Bank of America for roughly $50 billion to avert a deepening financial crisis, while another prominent securities firm, Lehman Brothers, hurtled toward liquidation after it failed to find a buyer, people briefed on the deals said. The humbling moves, which reshape the landscape of American finance, mark the latest chapter in a tumultuous year in which once-proud financial institutions have been brought to their knees ...
Looking back at the vast economic wreckage brought on by conservative policies provides a chilling picture for a future under the thumb of John McCain and his merry band of industry lobbyists. It's frightening to contemplate where we'd be, right now, if these bozos had succeeded in 'privatizing' social security, as in throwing it and the future of millions of retiring Americans who rely on it into the same snapping jaws that brought us this latest financial shitpile.
The nation has learned at great, tragic cost that conservatives can't be trusted to prevent terrorist attacks, bring the top Al-qaeda kingpin to justice, wisely initiate and manage foreign wars, or control spending. Now, with the benefit of empirical hindsight, perhaps it's time to publicly recognize what everyone now knows: conservatism doesn't work at home, either.