In America, poor mothers with children are sometimes vilified as "welfare queens," while the executives of our largest financial firms emerge unscathed after nearly running the economy into the ground and forcing taxpayers to pick up the pieces. The punishment for these CEOs and other top management? Millions of dollars in salary, bonuses and other compensation.
For all of the right's talk of free markets, the reality is that Uncle Sam is there to put the house in order and pay off the bills whenever the boys get drunk on the profits of some extremely precarious investments, putting the world economy at risk. Meanwhile, the GOP shows no mercy for many poor and working class citizens, such as families in colder climes who need to decide between paying soaring prices for home heating oil and buying food.
John McCain is blah-blahing about putting Wall Street's house in order, but the truth is that he and his political allies are part of the reason for the disorder. McCain's top economic adviser, former Sen. Phil Gramm, was the architect of legislation that deregulated the financial services industry in 1999, and the GOP nominee voted for those laws. Another top McCain adviser, Carly Fiorina, has been privy to the kind of compensation that the Republican ticket now claims as reprehensible.
Voting for McCain is keeping the foxes in charge of the henhouse even after they've been feasting on the occupants.