Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Cautor

Remember the Keating Five?
McCain’s own standards would have hung him.

Mr. Levin is also president of the Landmark Legal Foundation.
April 5, 2001 9:15 a.m.


For too long, McCain has been given a free pass by the media, which promotes campaign-finance reform to silence other voices, and by his Republican colleagues, who are concerned about alienating McCain given the GOP's tenuous majority in the Senate.

In John McCain's America, any politician who accepts a large contribution or gift from a donor, and then takes steps consistent with the donor's interests — even though there is no legal quid pro quo — is corrupt. Well, then, by his own standard, McCain is corrupt.

McCain was one of the so-called "Keating Five" senators. He was investigated by the Senate Select Committee on Ethics in 1991 regarding the acceptance of favors from Lincoln Savings & Loan Association (Lincoln) and its owner, Charles H. Keating, Jr. Simply put, the issue was whether McCain and the other senators used their official positions to attempt to pressure Federal Home Loan Bank Board officials to go easy on the troubled institution. Eventually Lincoln went bust, costing depositors and taxpayers millions.

In its final report (November 20, 1991), here is what the Senate Select Committee on Ethics concluded about McCain's conduct:

"Mr. Keating, his associates, and his friends contributed $56,000 for Senator McCain's two House races in 1982 and 1984, and $54,000 for his 1986 Senate race. Mr. Keating also provided his corporate plane and/or arranged for payment for the use of commercial or private aircraft on several occasions for travel by Senator McCain and his family, for which Senator McCain ultimately provided reimbursement when called upon to do so. Mr. Keating also allowed Senator McCain and his family to vacation with Mr. Keating and his family, at a home provided by Mr. Keating in the Bahamas, in each of the calendar years 1983 through 1986.

"…[F]rom 1984 to 1987, Senator McCain took actions on Mr. Keating's behalf or at his request. The Committee finds that Senator McCain had a basis for each of these actions independent of the contributions and benefits he received from Mr. Keating, his associates and friends.

More...


http://tinyurl.com/b2rmq


The John McCain of old should be thankful that his political fate wasn't determined by John McCain the reformer.




1,882 posted on 05/23/2005 8:29:59 PM PDT by kcvl
[ Post Reply | Private Reply | To 1741 | View Replies ]


To: kcvl

Bump. For those who don't remember the real John McLame. A little history on the dirty tricks Warren the bigot Rudman played on GWB in the first Republican primary would also be in order. It had to do with Catholics. McLame is the epitome of a hypocrit and this earns him the adoration of a fawning left wing media because they can use his comments, and those of his RINO colleagues, in their anti-conservative sound bites. Thanks again for your posts.


1,895 posted on 05/23/2005 8:35:18 PM PDT by Cautor
[ Post Reply | Private Reply | To 1882 | View Replies ]

To: kcvl

bttt


2,022 posted on 05/23/2005 9:21:28 PM PDT by nopardons
[ Post Reply | Private Reply | To 1882 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson