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links for 2008-09-18

  • "If Sarah Palin has nothing to hide, if she's not a Terrorist, why would she mind anyone going through her emails? And just because these things — those things that some overly-earnest people call "statutes" or "laws" or whatever the new trendy Leftist term for them is today — say that you can't invade people's private communications without committing a crime, does anyone other than shrill Leftists really take that seriously, really think that someone who does what the law says you can't do should get in trouble or — more absurdly still — be arrested?"
  • "[in 1999] …McCain had joined with other Republicans to push through landmark legislation sponsored by then-Sen. Phil Gramm (Tex.), who is now an economic adviser to his campaign. The Gramm-Leach-Bliley Act aimed to make the country's financial institutions competitive by removing the Depression-era walls between banking, investment and insurance companies.

    That bill allowed AIG to participate in the gold rush of a rapidly expanding global banking and investment market. But the legislation also helped pave the way for companies such as AIG and Lehman Brothers to become behemoths laden with bad loans and investments.

    McCain now condemns the executives at those companies for pursuing the ambitions that the Gramm-Leach-Bliley Act made possible, saying that "in an endless quest for easy money, they dreamed up investment schemes that they themselves don't even understand.""

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