He stated that former Senator Phil Gramm of Texas sneaked the Enron loophole through a large piece of insignificant legislation years ago: the result was that regulations upon the futures industry were abandoned. This loophole eventually allowed the current CDO-subprime crisis, and the current energy market crisis because regulations, which once protected the market from manipulation, are no longer enforcable.
Your republican administrations put oil prices out of the hand of car owners and oil well owners. Yes the same Phill "supply side" Gramm that poisoned oil market regulation is now McCain's brains on economic policy. That means not just more-of-the-same Bush policy, it could mean worse-than-Bush policy. That very Gramm had a significant hand in running the economic security of the middle class into the ground over the last 20 years. He got Reagan out of the impossibility of supply side economics [cut taxes but spend more] by initiating the mechanism that encourages congress to raise the nation's debt cieling rather than be fiscally responsible and [god forbid] ask people to pay taxes for all those shinny guns and planes they need more than their jobs, hospitals and roads. You have heard Captain Windsock say he will cut taxes. Now you know where that brilliantly original malarkey is coming from.
McCain says U.S. troops could spend "maybe 100" years in Iraq. [And one presumes the DoD budget for that is no joke.]
So, tell me, how is the ill tempered Captain Winsock one bit different than Bush?
He is a lot older and he once served his country. That's about it.