J. Sid "Little Mary Sunshine" McSame is unfit for the presidency. While the Bush regime has severly damaged this country, McSame would ruin it.

 

As Wall Street is in crisis, and banks are being closed (including the one on which his son served as a member of the board and on the auditing committee...shades of Neil Bush in the 1980's), Sid is insanely bloviating about how the economic fundamentals are sound.  What do you know about the fundamentals, Sid? 

 

From ThinkProgress: "Speaking in Florida this morning ”the very day that two of Wall Street's major banking institutions collapsed” Sen. John McCain (R-AZ) declared he "still" believes "the fundamentals of our economy are strong."

"Though McCain noted that "these are very, very difficult times," he seemed oblivious to today's evidence of the crumbling foundations of the economy, with theDow Jones industrial average dropping 300 points in the first 15 minutes of trading this morning. Yesterday, former Fed chief Alan Greenspan said this economy is the worst he has ever seen. (HT: Ben Smith)"

Both Sid and his advisers are delusional.

And the right wing, reactionary Washington Post editorial board gave McSame economic adviser, Donald Luskin, a lot of space in their paper Sunday to write factually incorrect drivel like this: "Things today just aren't that bad. Sure, there are trouble spots in the economy, as the government takeover of mortgage giants Fannie Mae andFreddie Mac, and jitters about Wall Street firm Lehman Brothers, amply demonstrate. And unemployment figures are up a bit, too. None of this, however, is cause for depression -- or exaggerated Depression comparisons."

Wonder how they and the ignorant Luskin feel today as the sky is falling on Wall Street and the Post and McSame's adviser revealed their utter stupidity yesterday.

As Chris in Paris at AmericaBlog writes: "Another strong case for a 3rd Bush term from the McCain team. Another right wing extremist economist who advises McCain telling everyone that the economy is robust, despite what your lying eyes are telling you. According to right wing theorist (and haven't we had enough of them in the last eight years?) Donald Luskin, the "problem" is purely political and of course, it's Obama's fault. Uh huh. Whoopee for the Bush/McCain economy. If this McCain economic adviser thinks the US economy is so strong, why isn't McCain making this point on the campaign trail? You would think that a proud owner of this Bush/McCain economy would want to brag about the impressive numbers, no? Do tell, Mr Luskin, do tell.

"The icing on the cake by this McCain economic adviser? Phil Gramm was right! That and that we may not be on "the brink not of recession, but of accelerating prosperity." Please, please, please advise John McCain to preach this message every day. If Obama is too timid to make a strong case on the economy, perhaps John McCain can contribute and kick start the debate."