In another example of the strategic role that YouTube is playing in this year's election, the Huffington Post has linked to a video montage of McCain's pleas over the past year for the wisdom and need for greater deregulation. With the growth of the leftwing blogosphere, the continued prominence of The Drudge Report, and other direct media outlets such as YouTube, non-traditional media and individual citizens are now actively participating in the vetting process of candidate claims.

In this particular case, expect to see a lot more of these past McCain statements in political advertising and on talk shows, used to reinforce the narrative of a "failed philosophy" that McCain shares with the Bush administration and other conservatives.