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Article: Ruben Navarrette Jr: Neither McCain nor Obama has a clue about Wall Street fix
- Article from:
- Oakland Tribune
- Article date:
- September 24, 2008
- Author:
CopyrightCopyright 2008 Oakland Tribune. Provided by ProQuest LLC. (Hide copyright information)
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AFTER MONTHS OF trying to accentuate the differences between
them, Barack Obama and John McCain have demonstrated they have
something in common: Neither appears to have the foggiest idea about
what caused the crisis on Wall Street, or how to fix it.
Not that I'm asking for much. Hopefully, most people understand
that -- despite the tendency of politicians to take credit for good
economies and blame their opponents for bad ones -- it's not that
simple. The chairman of the Federal Reserve, Wall Street players,
and the nation's lending institutions have infinitely more power
over the direction of the economy than the president, no matter who
that president is.
Still, call me old-fashioned. ...