McCain is an instinctive regulator who considers business a base pursuit. It doesn't help that the senator's personal connections with commerce are largely limited to a highly protected local industry (distributing beer) and outright corruption (the Charles Keating scandal). And he's every bit as moralistic as Hillary Clinton, our would-be national nanny. His first response to something he doesn't like--particularly something commercial he doesn't like--is to ban it. The most extreme, and effective, case of this instinct was his holy war against ultimate fighting, a peculiar cause for a boxing fan and one McCain took up when he was still in his "conservative" stage.