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Phil Gramm is Gone, But His Porn Lives on

McCain cut loose his out-of-touch economic adviser -- the latest in a long line of Gramm failures.
 
 
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Phil Gramm's recent disparaging of "a nation of whiners" complaining about a "mental recession" did more than offend the sensibilities of economically struggling Americans. His gaffe also served as a reminder that McCain had appointed one of the most reactionary, venal, and destructive political figures in recent times as his top econ man. By Sunday, the damage to the McCain campaign had grown so severe it announced that Gramm's role had been significantly reduced.

Gramm Porno
Phil Gramm attempted to invest $15,000 in "Truck Stop Women." His money ultimately helped produce a film portraying Richard Nixon wandering nude around the White House.

Gramm was an accident waiting to happen. Indeed, his gaffe represents little more than a scrap in the massive heap of wreckage he has left in his wake. Gramm's own presidential campaign in 1996 was among his most high-profile casualties. In order to win a whopping total of 8 delegates, the charisma-challenged Gramm had to spend $20 million, or about $1.5 million per delegate. This experience curiously translated into a job as one of McCain's key political advisors.

But first, Gramm returned to the Senate, where he was lobbied intensely by one of his major campaign contributors, Enron.

Max Blumenthal is a Nation Institute Puffin Foundation Writing Fellow whose work regularly appears in the Nation. A winner of the USC Annenberg Online Journalism Award, he is also a Research Fellow at Media Matters for America.

 
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