It's not hind-sight, it's wise investment strategy. Enron should have taught everyone that lesson by now. The stock market is volatile, everyone knows that, and people nearing retirement age have no business having their 401Ks stuffed full of stocks.
Agreed....but everyone does not have the same level of investment expertise.......bank stocks seemed safe to them.
Again...don’t be so quick to judge; people of different educational/skill/experience levels make different decisions and MANY have been hit hard in this downturn. McCain is simply identifying with them.