The huge gaping hole in John McCain's swing

as identified by Mark Steyn (via Glenn Reynolds):

I'm getting a bit tired of Senator McCain's anti-business shtick. The line about serving 'for patriotism, not for profit' is pathetic. America spends more on its military than the next 35-40 biggest military spenders on the planet combined: Where does he think the money for that comes from?

As for his line about "some greedy people on Wall Street who need to be punished", aside from being almost entirely irrelevant to the subject under discussion (the subprime "crisis"), it reveals, I think, one of the most unpleasant aspects of McCain. For a so-called "maverick", he's very comfortable with the application of Big Government power, and the assumption of Big Government virtue. Undoubtedly there are "greedy people on Wall Street". Why should he and his chums be the ones who decide whether they need to be "punished"?If greed is to be punishable, why doesn't he start with a pilot program applied to, say, the United States Senate and report back to us in five years how that's going?