Posted on 10/05/2008 7:37:18 PM PDT by Chet 99
Sen. Barack Obama (D-Ill.) on Monday will launch a multimedia campaign to draw attention to the involvement of Sen. John McCain (R-Ariz.) in the Keating Five savings-and-loan scandal of 1989-91, which blemished McCains public image and set him on his course as a self-styled reformer.
Pushing back against what it calls guilt-by-association tactics by McCain, the Obama campaign is e-mailing millions of supporters a link to a website, KeatingEconomics.com, that will have a 13-minute documentary on the scandal beginning at noon Eastern time on Monday. The overnight e-mails urge recipients to pass the link on to friends.
The Obama campaign, including its surrogates appearing on radio and television, will argue that the deregulatory fervor that caused massive, cascading savings-and-loan collapses in the last 80s was pursued by McCain throughout his career, and helped cause the current credit crisis.
(Excerpt) Read more at politico.com ...
Who do they expect to watch a 13 minute video?
Thanks. Excellent video on Obama and Odinga. I was familiar with this story, but hadn’t seen this video before.
http://uk.youtube.com/watch?v=S8QcpdUtxNQ&feature=related
He wasn’t found “not guilty” because he was never tried as there was no evidence of wrongdoing.
http://query.nytimes.com/gst/fullpage.html?res=9F05E7D9123CF932A15752C1A96F958260
‘’I found nothing in my investigation which caused me to question Senator McCain’s integrity,’’ said Robert Bennett, the Washington lawyer who was special counsel to the ethics panel during what is called the Keating Five investigation.”
I really haven’t laughed too much this last week or so.
Your post was great and still has me chuckling. :)
The media will do Obama’s work/bidding.
The association of McCain with the Keating 5 scandal is all we’re going to hear.
There will be little mention of the actual Keating 3, all Dems, one of whom Bill Clinton appointed to the BOD of Freddie Mac.
McCain is too busy being Mr. Nice Guy and refusing to attack Obama...
Keatingeconomics.com
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Thanks! You know the Obama camp is desperate to after this.
Must be more of those internal poll numbers. Notice how angry all the liberals are, especially Barry.
The MSM is already trying to lay the groundwork for when Obama loses. They say it will be because of racism. Whatever they want to think, as long as the cheese-eating surrender monkey loses.
I was wondering when this was gonna hit the fan.
What was his angle?
There’s nothing to hit the fan.
McCain was “in the middle of” the Keating Five case in the sense that he was “exonerated.” The lawyer for the Senate Ethics Committee wanted McCain removed from the investigation altogether, but, as The New York Times reported: “Sen. McCain was the only Republican embroiled in the affair, and Democrats on the panel would not release him.”
Ever since McCain ran for President in 2000, he should have known the Keating 5 would be brought up at some point. I hope he is willing to confront the American people and explain his involvement.
It looks like we have a corraboration of the Obama campaign with a 501c(3).
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That's one of the dumbest things I've ever heard of.
Excerpted from the website:
Keating Economics: The Making of a Financial Crisis
The current economic crisis demands that we understand John McCains attitudes about economic oversight and corporate influence in federal regulation. Nothing illustrates the danger of his approach more clearly than his central role in the savings and loan scandal of the late 80s and early 90s.
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How's this for a response?Aside from being a terrible response it's wrong."Senator Obama, my association with Charles Keating was an unfortunate mistake in my personal judgment,
From post #27
Robert Bennett, Chief Counsel to the Democrats during the investigation, said that McCain should not be included in the investigation and that their was not evidence of any wrongdoing by Senator McCain.
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