Ouch

This looks bad:

Video from The Weekly Standard.

Apparently the same Democrats who are pushing their bail-out plan ignored former Treasury Secretary John Snow and former Fed Chair Alan Greenspan's dire warnings to increase regulation of Fannie Mae and Freddie Mac. McCain, on the other hand, sponsored a bill calling for reform of financial regulation.

For McCain's part, don't forget so easily that Rick Davis, his campaign manager and a top advisor, was getting paychecks to the tune of $15,000 every month to lobby against regulation. Was McCain still trying to atone for his Keating 5 involvement? What is different about then-McCain versus now-McCain?