Austan Goolsbee on CNN about John "I'm always for less regulation" McCain's about-face on regulation:
It’s good Senator McCain has suddenly become a champion of financial oversight and regulatory oversight. He, George Bush, Phil Gramm, and their crew have been about burning down the rules of the road and trying to deregulate the financial environment. It’s a little strange for a guy who was cheerleader for a team of arsonists to now be coming forward and saying he’d be a great fire department chief.
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