Posted on 10/06/2008 8:28:54 AM PDT by BGHater
Barack Obama has countered a John McCain ad about the Illinois senator's controversial connections with an ad of his own.
The Democratic nominee launched a website on the link between the Arizona senator and S&L loan scandal figure Charles Keating.
It's the latest attempt to score points by hitting the candidate of the other party on connections to dubious figures in their past. Over the weekend, the McCain campaign strongly pushed the link between Obama and former Weather Underground member William Ayers.
Now, the Illinois senators campaign is responding by putting together a documentary on the Keating Five.
The current economic crisis demands that we understand John McCains attitudes about economic oversight and corporate influence in federal regulation, the campaign said on the website, which was launched Sunday night. 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.
The website states that the GOP nominee was accused of improperly aiding his political patron, Charles Keating, chairman of the Lincoln Savings and Loan Association.
According to the Obama campaigns website, The Keating scandal is eerily similar to todays credit crisis, where a lack of regulation and cozy relationships between the financial industry and Congress has allowed banks to make risky loans and profit by bending the rules.
And in both cases, John McCain's judgment and values have placed him on the wrong side of history, the site stated.
The McCain campaign did not immediately return a request for comment.
Keating? Is that it Obama?
Let’s see...we started with Ayers, we still have...
Odinga
Hamas support
Wright
Khalid Al-Mansour
Rezko
Exactly.
Why not let Sarah Palin respond (briefly)? The MSM is paying attention to her & she can bring up John Glenn campaigning for 0bama.
And Dennis DiConcini was convicted. Now he’s an Obama delegate and on the campaign trail.
Yep. And the McCain camp better ramp up all the Ayers/Wright/Odinga stuff ASAP.
Use this for Keating 5 lies about McCain:
http://boards.historychannel.com/topic/Current-Events/Ann-Coulter-Keating/520013428
http://www.humanevents.com/article.php?id=28714
Heres what Wikipedia has to say about it: http://en.wikipedia.org/wiki/Keating_5#Glenn_and_McCain:_cleared_of_impropriety_but_criticized_for_poor_judgment
They say that McCain wasnt guilty of anything except bad judgment.
"Wasnt McCain found not guilty in the Keating Five Scandal?"
McCain has nothing to worry about. First off, he was found not guilty. Second, all of the CNN, MSNBC, etc. documentaries have already reported this in their "exposes" - it's old news.
BINGO! I notice he is not issuing any denials whatsoever about the Ayers connections, just trying to change the subject and deflect....
My memories of the Keating 5 scandal are a little fuzzy, but wasn’t McCain kept on as a defendant just so the RATS could call it a bi-partisan scandal, since all the others were RATS? And wasn’t it originally the Keating 7?
IIRC, he copped a plea and witnessed against others involved.
The Keating 5 scandal is absolutely appropriate to bring up during this cycle. It's one of the things that makes McCain a weak candidate.
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.
“YAWN,” exactly.
Besides...isn’t this the exact same period of time when obie was said (based upon his book - exhibit #1) to have been snorting cocaine, smoking marijuana, and drinking alcohol excessively...yeah, pretty sure...also, seen some mention on here about him maybe being on the DL...was there ever evidence to that effect.
You don't remember correctly.
Really. Are you saying he was completely innocent of attempting to peddle his influence on behalf of Charles Keating?
That is exactly what I am saying.
That is exactly what I am saying.
Here's a FreeRepublic thread where one of the principals discusses it...
MEDIA ADVISORY, October 6 /Standard Newswire/ -- The following is democratic counsel Robert Bennett on John McCain and Keating Five: 'Pure Politics':
In The Ring: The Trials Of A Washington Lawyer,
By Robert S. Bennett
Random House, 2008
Pgs. 133 134
"At the completion of my investigation, I filed my report with the committee. I recommended that no further action be taken against Senators McCain and Glenn principally because once they learned that there was a criminal referral, they stopped aggressively doing Keating's bidding with the regulators."
Apparently in Washington, influence peddling is o.k. as long as the peddler doesn't know he's dealing with folks involved are under investigation.
Sorry, my morality differes from that somewhat.
Blind partisanship is not a virtue.
First, who was Keating? He was was an Arizona developer with an impeccable reputation for honesty. He was a big Reagan supporter. Deeply religious, he was somewhat of a prude. He cut his political teeth fighting Larry Flynt. His brother was a congressman from Ohio.
What did McCain do? He went to two meetings. At both he made it very clear that he was not trying to influence regulatory process but was there to see if Keating was getting a fair deal. He refused to attend the second meeting when asked by Keating but changed his mind when DeConcini personally asked him to go. That was all he did. Keating asked for more but McCain told him to f himself.
I've fought with McCain for twenty-five years. I don't like the SOB. We looked at the Keating deal and we would have beat McCain over the head with it but there is no there there. As bitter as our disagreements have been, I have never, ever, seen McCain do anything that was dishonorable.
I think “exonerated” may just be one of those big words the average Obamabot does not understand. How about: McCain was totally cleared of all charges!!!”
...maybe get Sarah to Virginia as well. Looks like that state could use a little help.
Thank You!..I didnt know how to answer such a blank slate!
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