UM, IS McCAIN ABOUT TO MENTALLY COLLAPSE?

First Read at MSNBC has a good description of a man who's totally clueless about the economy. His definition of "fundamentals" is at best contradictory, at worst incoherent. Is he trying to out-Palin Palin?

MCCAIN CLARIFIES 'FUNDAMENTALS'

Posted: Monday, September 15, 2008 4:07 PM by Carrie Dann
FIRSTREAD
Filed Under: 2008, McCain

From NBC/NJ's Adam Aigner-Treworgy

ORLANDO, Fla. -- Speaking before a group of about 500 mostly Hispanic voters at the Asociacin Borinquea de Florida Central today, McCain said that the "American worker" is being "threatened today because of the greed and corruption that some engaged in [on] Wall Street."

Responding to criticism over his comment from earlier in the day that the "fundamentals of our economy are strong," this afternoon McCain defined those fundamentals.

"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," McCain said.

Today's clarification however, adds to a somewhat muddled message coming from McCain on the state of the economy. At last week's forum on national service, McCain said, "our economy is broken," but today he seemed to imply that it's not broken yet.

This afternoon McCain said, "our economy is at risk today," and specifically "the fundamentals of our economy are at risk." Based on his earlier definition of "the fundamentals," McCain asserted that "the American worker and their innovation" are at risk due to lack of sufficient regulation.