A train wreck: John McCain on the economy

From WaPo:

"Our economy, I think, is still -- the fundamentals of our economy are strong, but these are very, very difficult times,'' McCain said. "I promise you, we will never put America in this position again. We will clean up Wall Street."

(...)

By the afternoon, McCain had altered his message. Speaking before a town hall meeting with a Hispanic organization in Orlando, McCain sought to explain that his earlier comments had been intended as praise for the resilience of American workers.

"And my opponents may disagree, but those fundamentals -- the American worker and their innovation, their entrepreneurship, the small business, those are the fundamentals of America, and I think they're strong," he said in Orlando.

But a few moments later, he described the country's current financial situation as "a crisis" and repeatedly said he was concerned about the fundamentals of the economy.

"I know Americans are hurting,'' McCain said. "The fundamentals of our economy are at risk.... And those fundamentals are threatened, they are threatened and at risk because some on Wall Street have treated Wall Street like a casino.''