Throughout the 2008 campaign, John McCain has proclaimed online auction giant eBay the solution to recession and poverty in the United States. But on Monday, McCain's already laughable vision of eBay as the future of the American economy took another hit. By announcing it was slashing 10% of its 16,000 person work force, eBay revealed […]

On Monday, John McCain again proved the old adage that a man who lives in 11 glass houses shouldn't cast stones. Two days after unleashing running mate Sarah Palin to deliver a salvo of smears against Barack Obama which CNN among others simply termed "false," McCain is now on the receiving end of an Obama […]

While the post-mortem on Thursday's collapse of the bipartisan Wall Street bailout deal is still being written, one aspect of John McCain's double-dealing is beyond dispute. According to campaign mouthpieces Tucker Bounds and Lindsey Graham, John McCain is responsible both for moving the $700 billion compromise package forward and for killing it. That act of […]

On Tuesday, paleo-conservative columnist George Will joined Mitt Romney and a long list of Republicans in warning Americans about John McCain's decidedly unpresidential temperament. "Under the pressure of the financial crisis," Will wrote, McCain reacted "furiously." Alas, McCain's rage now is just a repeat of his 1989 temper tantrum as the Keating Five scandal enveloped […]

The implosion of Wall Street last week resulted in a near-death crisis for John McCain's presidential campaign. His post-Palin bump eviscerated, McCain was staggered by the reemergence of the economy as the dominant issue in the 2008 election. His daily-changing positions revealed that McCain, a man who has repeatedly admitted his ignorance of economics, is […]

The implosion of Wall Street this week comes as a triple-dose of bad news for John McCain. No doubt, his daily-changing response to the crisis confirmed McCain's self-proclaimed ignorance of economics. Perhaps even more damaging, America's financial nightmare conjured images of the savings and loan scandal 20 years ago, one in which McCain's close ties […]

Karl Marx famously said that historical events occur twice, first as tragedy and the second time as farce. Truer words were never spoken of John McCain's new-found support for a Mortgage and Financial Institutions (MFI) trust, the very type of agency he strenuously opposed until just this week. But completing the tragic-comedy is the fact […]

On Wednesday, the New York Times blasted John McCain's cynical attempt to escape from his repeated proclamations that "the fundamentals of our economy are strong." Facing a backlash over his latest declaration even as Wall Street imploded Monday that all is well, McCain just hours later tried to redefine "economic fundamentals" to refer to American […]

As the meltdown on Wall Street continues, American voters would do well to regard John McCain and his Republican Party with suspicion when it comes to the resuscitating the economy. But McCain's acknowledged ignorance on economic issues, happy talk about strong "fundamentals," ties to lobbyists and disturbing involvement in the 1980's savings and loan disaster […]

The mythical role of online auction powerhouse eBay in John McCain's presidential campaign took on a new dimension today. Not only did his running mate Governor Sarah Palin not sell an Alaska government jet on eBay (as she has repeatedly claimed), the state's chief procurement officer acknowledged "It was the practice of the state to […]