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McCain is way off on economy

September 18, 2008

Re "McCain's economic adjustment," Sept. 17

The anti-regulation and anti-union John McCain explains that his remark that our economy is fundamentally sound actually refers to America's working men and women, not the economy itself.

That's as believable as the White House saying the "mission accomplished" banner on the aircraft carrier referred to the ship and its crew completing their mission in Iraq, and not to the war itself.

Up is down and down is up. Next, Republicans will be asking Americans, "Who're you gonna believe? Us or your lying eyes?"

Steven Parker

La Quinta

McCain says that financial oversight has been too casual. He wants a national commission to study why the markets crashed.

But he need look no further than his erstwhile campaign advisor, former Sen. Phil Gramm, author of the Gramm-Leach-Bliley Act. This law ended some protections of the Glass-Steagall Act of 1933, which was enacted to stop the abuses that led to one Depression and may be leading to another.

The basic laws of economics -- and of greed -- have not changed in years.

Daniel J. Fink

Los Angeles

Re "No heads for business," Sept. 17

So, McCain advisor Carly Fiorina doesn't think any of the presidential or vice presidential candidates could run a company. Doesn't this just prove the point that these free-market folks hold government in such contempt that they're willing to let these same people run a country?

Carly, want a job? We know you don't need the money after being handsomely rewarded for your spectacular failure at Hewlett-Packard.

Melissa Verdugo

Rancho Palos Verdes

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