John McCain Warns of a Depression !

John McCain warns of an economic depression !

Okay, this is pretty incredible.  But in 1991 I interviewed Senator John McCain (it is one of the perks of being a student of history and a writer of books) and there he was, on the record, declaring that we were headed to a depression, not recession, depression, if the government did not reign in spending.  It sounded pretty goofy back then.  Not anymore.

And I have got it all on You Tube.  Check out the link below.

 Love him or hate him, John McCain endures as one of one of more reliable prognosticators in the U. S. Senate.  Most recently, he is famous for believing that the troop surge would work in Iraq, when nothing else had worked and very few agreed with him.

Anyway, here he is in this interview, urging, pleading, warning (on deaf ears as it turns out) that we are headed for an economic catastrophe of huge proportions if we do nothing to change the direction.

McCain has his flaws, a lack of courage is not one of them.  And so he took on pork barrel spending when only he, the conservative Heritage Foundation and a few liberal journalists were the only ones who expressed outrage.  He didn’t end up with many friends in the U. S. Senate or in Washington, where he later took on lobbyists as well, but hey, he is in the running for the presidency.

But even I could have predicted that.  It was why I sought him out for this 1991 interview.  Hit the link below and take a look at this prophetic excerpt…  “inevitably lead to a depression.”

http://www.youtube.com/watch?v=FX7dszkjBeU

 

Published by Doug Wead

Doug Wead is a New York Times bestselling author whose latest book, Game of Thorns, is about the Trump-Clinton 2016 election. He served as an adviser to two American presidents and was a special assistant to the president in the George H.W. Bush White House.

5 thoughts on “John McCain Warns of a Depression !

  1. Are you sure he didn’t mean that we would all just be depressed by having to choose between Obama and McCain? That certainly has brought about a great depression on my part.

  2. Fascinating. Do you have any videos with Carter, Ford , Reagan? What other presidents and presidential candidates are you holdin gout on us?

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: