John McCain's Gramm Gamble

Texas Observer by Patricia Kilday Hart | Jun. 4, 2008 (Special Report)

The GOP presidential nominee is relying on the ex-senator who helped bring you the mortgage crisis and Rick Perry.

Gramm serves as co-chair of the McCain 2008 presidential campaign. As one of the candidate's chief economic advisers, he is mentioned as a possible secretary of the treasury in a McCain administration. Their friendship was forged in the Senate as they worked against the Clinton health care proposal, and cemented when McCain served as national chairman of Gramm's own (ill-fated) 1996 presidential bid. Full Story »

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by Michael Evelyn - Oct. 1, 2008

This is a well researched article with a good historical analysis of how Gramm has become 'Foreclosure Phil' I refer to the title given to him in a 'Mother Jones' article about the same financial legislation and lobbying practices mentioned here for two reasons (1) the title fits and needs to become viral (2) because it has less of a Texas slant to it, the Mother Jones article will have wider national appeal. Make no mistake some of the responsibility for the economic mess we are in with the meltdown of the mortage market can quite legitimately be placed at the feet of Phil Gramm. Question time yet Phil?