McCain made the comment about the soundness of the economy or something to that effect as the financial system was blowing up.
Yeah well. McCain said a lot of things.
Mostly he complains, and rebels.
We need John Wayne.
Strong. Confident. Assured. And optimistic.
McCain is just mostly, a complainer.
McCain made the point that, althougfh the financial system got itself into a mess, the FUNDAMENTALS of the economy (the American work ethic, free enterprise, American innovation) were still strong.
McCain: Fundamentals are (still) strong
McCain had been championing for the reform of the reckless sub-prime lending practices for years and was correct in his observations. If McCain's warnings had been heeded before this sub-prime mess blew up, the sound FUNDAMENTALS of the American economy and a sound financial system would now still be working together to bring continued prosperity to America.
John McCain Warned Us About Fannie and Freddie
However, McCain was ridiculed for his statement by both the Left and the Right.
So, we now find ourselves with a Marxist groupie in the White House that is working hard to destroy the FUNDAMENTALS of the American economy with each passing day. The FUNADAMENTALS of the economy may never be strong again in our lifetimes.