In April 1987, as the world of savings and loan associations teetered under the weight of a boom in commercial real-estate lending, a group of senators met twice with federal banking regulators on behalf of Charles H. Keating, Jr., whose bank later collapsed at a cost to taxpayers of $3 billion. The senators — Alan Cranston of California, John Glenn of Ohio, Dennis DeConcini and John McCain of Arizona, and Donald W. Riegle of Michigan (who attended only one of the meetings) — had collectively received $1.3 million in campaign contributions from Mr. Keating, and their actions later became the subject of a lengthy ethics investigation into what became known as the case of the Keating Five. In 1991, the Senate censured Mr. Cranston and reprimanded the others for “poor judgment.’’
If the average person did this, they would have served time in prison. Instead they get a tongue lashing.
McCain’s membership in Keating was barely covered by the Republican hating press at the time. He had been a great senator up until then. Since they left him alone, he’s been nothing but a crapweasel who continually jumps to the liberals’ whistle and a cancer to us.