McCain has supported more regulation and the government bailouts this week. On Thursday he said, "We need strong and effective regulation." He also said "These actions stem from failed regulation, reckless management, and a casino culture on Wall Street that has crippled one of the most important companies in America," in regards to the bailouts this week. However, when interviewed today, as you can see in the video, he said he doesn't regret the deregulation that led us to the situation we now find ourselves in.
Sunday, September 21, 2008
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