Keywords: John McCain, Barack Obama, Wall Street, bail out, economy, subprime mortgage, market crash

Before the economic collapse, Republican presidential nominee John McCain wrote that he wanted to mirror the healthcare system after the banking system, according to an article he penned for Contingencies magazine. In the piece, McCain wrote: "Opening up the health-insurance market to more vigorous nationwide competition, as we have done over the last decade in banking, would provide more choices of innovative products less burdened by the worst excesses of state-based regulation."

Appearing before an audience in Florida, Democratic presidential nominee Barack Obama told the audience: "Folks, you can't make this stuff up. If my opponent had his way, the millions of Floridians who rely on it would've had their Social Security tied up in the stock market this week."

After Monday's historic market crash, McCain's senior economic adviser Doug Holtz-Eakin sent an e-mail to reporters, saying: "This is absurd. If Barack Obama thinks that today's financial troubles were caused by policies which allowed Americans to use an ATM anywhere in this country, then it is better he continue to be silent about solution to the crisis on Wall Street. That crisis arose from corruption and regulators asleep at the switch."

Click here to read the full story in Contingencies.