John McCain, who was once rebuked by a Senate ethics committee for accepting gifts from Savings and Loan insiders and for telling regulators to back off the Savings and Loan, has in the past 7 days morphed into an advocate of strict regulations of the financial industry:
McCain is trying to innoculate himself from criticism for his 26 years as one of the biggest anti-regulation crusaders. He has got to be one of the most unprincipled leaders ever.
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