Just When I Think It's Safe To Stop Holding My Nose...

…. McCain goes and says something really, really stupid:

John McCain said in an interview with CNBC Tuesday that the U.S. needs to strengthen its oversight of markets while remaining aware of the “risk of overregulation.” The Republican senator said regulators also need to “do a better job in reining in short sellers.”

Unbelievably dumb. Nancy Pelosi dumb. Herbert Hoover dumb.

Amity Shlaes, call your office.