Paging John McCain
Quick question, though I'll confess to not yet looking at the fallout from the Supreme Court strike-down of McCain-Feingold in any depth: where does McCain stand on McCain-Feingold II? Not to mention on Obama's proposed "Volcker rule," a lighter version of McCain's proposed Glass-Steagall II.
Historical accident would seem to have put McCain on the Dems' side of the ledger on two key fronts just as the Democrats have lost their 60-vote supermajority.
Will the worm in John McCain's soul turn once more and turn him left? I wouldn't bet on it. But still.
UPDATE 1/23: The WSJ has this reaction to Obama's bank reform proposals from McCain:
But in a political environment decidedly hostile to big banks, Democrats might need only a few Republican votes to enact a variant of what Mr. Obama called "the Volcker rule." Sen. John McCain, the Arizona Republican, said the White House appears to be moving closer to a proposal he is co-sponsoring that would reinstate restrictions on banks that were repealed in the late 1990s. "It seems to me that a number of the proposals [Mr. Obama] has move in that direction," Sen. McCain said, "but I haven't had a chance to examine the details."
Most recent post: Frank Rich wrote his column too early this week