World-News

Mark Hosenball, of Newsweek: "For weeks now, John McCain's presidential campaign has faced awkward questions about the outside activities of several top advisers. Add one more name to the list: former Texas senator Phil Gramm, McCain's longtime friend and one of his five campaign co-chairs. According to McCain spokeswoman Jill Hazelbaker, the co-chair position affords Gramm 'broad input into the structure, financing and conduct of the campaign.'"

http://www.truthout.org/article/gramm-ubs-lobbyist-questions-dog-mccain-campaign



John McCain's Gramm Gamble

Patricia Kilday Hart, of The Texas Observer: "The GOP presidential nominee is relying on the ex-senator who helped bring you the mortgage crisis and Rick Perry. In the early evening of Friday, December 15, 2000, with Christmas break only hours away, the US Senate rushed to pass an essential, 11,000-page government reauthorization bill. In what one legal textbook would later call 'a stunning departure from normal legislative practice,' the Senate tacked on a complex, 262-page amendment at the urging of Texas Sen. Phil Gramm. There was little debate on the floor. According to the Congressional Record, Gramm promised that the amendment-also known as the Commodity Futures Modernization Act-along with other landmark legislation he had authored, would usher in a new era for the US financial services industry."

http://www.truthout.org/article/john-mccains-gramm-gamble



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