Wednesday, May 28, 2008

More Lobbyist Woes For McCain

Another crooked wheel on the Straight Talk Express:

"For months, John McCain has been bragging on the fact that he's got fmr. Sen. Phil Gramm as his key economics advisor. That's scary enough as it is, if you're familiar with Gramm's policy predilections and legislative history. But now it turns out that Gramm, who advised McCain on his mortgage relief policy and speech, was also a registered lobbyist for the Swiss bank UBS, which is obviously heavily concerned with the mortgage crisis. According to MSNBC, which has just broken the story, UBS only deregistered Gramm on April 18th of this year, which I'm pretty certain was after McCain rolled out the policy that Gramm had a hand in crafting."

But wait, it gets sexier:

"On the McCain/Gramm/UBS seems that not only is Sen. McCain's top economics advisor, fmr Sen. Gramm, lobby and work for UBS, but according to today's Financial Times the company is advising members of its private banking team not to step foot in the United States in order to avoid indictment."

Well, at least Gramm can work with McCain via the Net--ain't technology great!

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