"...Obama is following John McCain's lead to close a Wall Street loophole..." - Tucker Bounds lying
The "Wall Street loophole" to which Bounds refers is one that protects some energy futures trading from oversight by the Commodity Futures Trading Commission. The fact is that McCain's economic advisor, Phil Gramm (whose wife sat on the board of Enron), slipped an Enron-backed provision into the Commodities Futures Modernization Act that exempted from regulation energy trading on electronic platforms. The spigot of lies continues to flow from the McCain Campaign. McCain would be as good a friend to Big Oil as father and son Bush have been.
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