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Kaleko
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Wed May-28-08 01:27 AM
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Just in case you don't click on the link, this is really damning:
"...McCain himself has often cited Gramm’s influence as a way to establish his bona fides with economic conservatives.
When Gramm chaired the Senate Banking Committee, he wrote and passed deregulatory legislation in more than one industry, establishing himself as a pre-eminent foe of government regulation. McCain’s March 26 speech recommended further deregulation of the banking industry as his response to the mortgage crisis.
McCain and Gramm have been friends for more than a decade. McCain chaired Gramm’s 1996 presidential run and Gramm says the two men speak every day. McCain reportedly has hinted Gramm might serve as his Treasury secretary."
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