economic madness

This interview on Morning Edition this morning is a maddening exercise in double-speak. When confronted with McCain's description of himself as "fundamentally a deregulator," McCain adviser Douglas Holtz-Eakin performs some astonishing rhetorical flips to explain how McCain understands "leveling the playing field." Then later in the interview, Holtz-Eakins performs an even more astounding feat when he suggests that more transparency about CEO pay will lower pay inequity between corporate CEOs and "average" Americans.

Listen to it for the sunshine metaphor alone. But more importantly, listen to it for yet another reason why McCain cannot be allowed to win this election.