Gramm's Role Reduced

Mccain's Advisory Team

Gramm had played an important part in crafting McCain's economic plan, and he occasionally appeared at rallies or spoke to editorial boards on the presumptive GOP nominee's behalf. But no longer, according to two key McCain advisers, after Gramm told the Washington Times that the country was filled with "whiners" and the United States is merely in a "mental recession." Full Story »

Posted by Dwight Rousu
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Subjects: Politics, U.S., Business
Topics: John McCain, U.S. Economy, Finance, Democratic Nomination, Democratic Party
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Posted by: Posted by Dwight Rousu - Jul 13, 2008 - 11:44 PM PDT
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3.1
by Dwight Rousu - Oct. 1, 2008

The story has echoes of a stinking ship telling the rats to swim away. No mention is made of Gramm being a principle architect of laws that deregulated the financial industry and had a major role in causing the current crisis, and not explanation of why Gramm was selected as an adviser in the first place. Perhaps McBush's disclaimer that he is not too great at economics also spills over to the choice of economic advisers.

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3.1
by Derek Hawkins - Oct. 1, 2008
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3.6
by Bob White - Oct. 1, 2008

The article did not make the point that Fiorina refused to completely answer Tom Brokaw's question as to whether Gramm would conintue to have a role in McCain's campaign. She danced around it by saying that "I don't think Senator Gramm will any longer be speaking for John McCain", but would not definitively state that he was no longer part of the campaign. That should have been more clearly stated in the article.

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