Thank Goodness for the Senate Commerce Committee!

Without its wise leadership we might not have portable electronic devices.

Asked what work John McCain did as chairman of the Senate Commerce Committee that helped him understand the financial markets, the candidate’s top economic adviser wielded visual evidence: his BlackBerry.

“He did this,” Douglas Holtz-Eakin told reporters this morning, holding up his BlackBerry. “Telecommunications of the United States is a premier innovation in the past 15 years, comes right through the Commerce Committee. So you’re looking at the miracle John McCain helped create and that’s what he did.”

Jonathan Martin, via Larry Lessig. Silly me, I thought entrepreneurs were responsible for innovation!