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Vacuous John McCain

I’ve been surprised at how little conservative blowback there’s been given John McCain’s recent populist tilting on Wall Street. But Ramesh Ponnuru’s not thrilled:

Senator McCain’s embrace of “regulation” as the answer to Wall Street’s ills is vacuous: He isn’t telling us what rules he would put in place, let alone how those rules would have helped in the past or would help in the future.

On another level, I suppose it’s the vacuousness that’s keeping conservative objections tamped down. McCain isn’t saying anything in particular, and presumably if he becomes president this portfolio will be turned over to Phil Gramm and the anti-greed moment forgotten.

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