Hi there,

From our first broadcast nearly 30 years ago, Democracy Now! has always been fiercely independent. Over these last 3 decades, our daily global news hour has been a source of truth in a media landscape all too often bought by commercial interests. Can you start a monthly donation? Monthly donations are the lifeblood of Democracy Now!.Thanks to a group of generous donors, all monthly donations started today will be DOUBLED, which means your $15 gift is worth $30. If you believe that freedom of speech and freedom of the press are essential to the functioning of a democratic society, please donate today. Every dollar makes a difference. Thank you so much.

Democracy Now!
Amy Goodman

Non-commercial news needs your support.

We rely on contributions from you, our viewers and listeners to do our work. If you visit us daily or weekly or even just once a month, now is a great time to make your monthly contribution.

Please do your part today.

Donate

McCain Economic Advisers Under Scrutiny

HeadlineApr 02, 2008

Meanwhile, on the Republican side, McCain is coming under new scrutiny today for having economic advisers linked to aggressive corporate behavior and financial deregulation. McCain adviser and former Senator Phil Gramm is a vice-chair of the UBS investment bank. On Tuesday, UBS announced losses of billions of dollars because of investments tied to the US subprime mortgage crisis. In the 1990s, Gramm chaired the Senate Banking Committee, where he led efforts to deregulate the financial industry. His efforts culminated in the 1999 repeal of the Glass-Steagall law separating regulation of commercial and investment banks. Another key McCain adviser, Carly Fiorina, is the former CEO of Hewlett-Packard. She was ousted three years ago and linked to spying efforts to uncover the source of a boardroom leak.

The original content of this program is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License. Please attribute legal copies of this work to democracynow.org. Some of the work(s) that this program incorporates, however, may be separately licensed. For further information or additional permissions, contact us.

Non-commercial news needs your support

We rely on contributions from our viewers and listeners to do our work.
Please do your part today.
Make a donation
Top