McCain Full of Sound and Fury on the Economy

This weekend, it became apparent that no one is really buying U.S. Sen. John McCain's plentiful promises about cracking down on Wall Street. U.S. Sen. Barack Obama has taken to calling McCain the "Great Deregulator," which is fundamentally true, from both McCain's record on financial regulation and his designs on health care and social security.

Sam Donaldson, this morning on ABC's This Week, pointed out that Obama's ads are, in fact, correct to point the finger in the direction of McCain and his cronies on deregulation: 

Also on This Week, conservative commentator George Will hammered John McCain for not acting presidential this last week. Take a look:

Through this financial crisis, America better learned what one could expect out of a McCain White House. As Will later pointed out, McCain "showed his personality this week, and it made some of us fearful." In substituting vehemence and bluster for coherence, reason, substance, and economic literacy, John McCain has again shown that his temperament disqualifies him for the presidency. His instincts in the face of turmoil are troubling: imagine a foreign policy crisis to which he reacts with bluster instead of coherence.

Obama, on the otherhand, is making the right moves: acting presidential by consulting knowledgeable advisors, outlining his principles, and calling, like NDN, to keep Americans in their homes. And the American people have noticed. See Simon's blog on Obama hitting 50 in the daily tracks.