Old-Boy Networker McCain Blames the Old Boy Network
McCain Calls for '9/11 Commission' for Economic Crisis
NIAGARA FALLS, N.Y. -- Under attack over his approach to the economy, Sen. John McCain on Tuesday called for a "9/11 Commission"-style probe of the current financial crisis, and blamed "the old-boy network and the corruption in Washington" for the strains facing American families.
A day after saying the "fundamentals of our economy are strong" -- sparking a sharp critique from Sen. Barack Obama -- McCain sought to explain what he meant, and demonstrate that he understands the plight facing homeowners and investors.
"I said the fundamental of our economy is the American worker. I know that the American worker is the strongest, the best, and most productive and most innovative," McCain, R-Ariz., told ABC's Chris Cuomo on "Good Morning America" Tuesday.
"They've been betrayed by a casino on Wall Street of greedy, corrupt excess -- corruption and excess that has damaged them and their futures," he added.