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  • McCain: 'Wall Street Is The Villain'

    07/28/2008 7:52:26 AM PDT · by Crazieman · 121 replies · 147+ views
    ABC News ^ | July 27, 2008 | Mary Bruce
    ABC News' Mary Bruce reports: Sen. John McCain, R-Ariz., blamed Wall Street this weekend for the failing economy. "I think that Wall Street is the villain in the things that happened in the subprime lending crisis and other areas where investigations and possible prosecution is going on," McCain said in an exclusive "This Week" interview with George Stephanopoulos. McCain also placed responsibility on a "gridlocked" Congress. "I also think that Congress is at fault. We didn’t restrain spending. Spending got completely out of control," he said. When asked about Congress' progress in passing the housing bill, McCain said he would...