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Category:News & Politics
Tags:banks, mccain, keating, keating 5
Submitted:Albuquerque Halsey
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Comment count is 13
StanleyPain - 2008-10-06
No fair!! You can't use this against McCain! It's all true! That's not fair!
dr_rock - 2008-10-06
To be fair, "After reviewing my report, the committee voted on October 23, 1990, to hold a public adjudicatory fact-finding hearing in the matter as to all five senators. This was perhaps the first time the recommendation of a special counsel not to charge a senator was rejected. This was pure politics as the Democrats on the committee did not want to cut McCain loose so that only Democrats would remain in the proceedings. If Senator McCain was not going to be cut loose, in retaliation the Republicans were going to keep Senator Glenn in the proceedings. McCain was the victim of politics, and poor Glenn was held captive to the decision on McCain. So much for nonpartisanship." -- Democratic Keating Investigation Counsel Robert Bennett

BTW, Bob Bennett was also the Democrat lawyer who defended Bill Clinton in the impeachment proceedings, and still strongly believes it was a travesty to include McCain in the Keating affair.

IrishWhiskey - 2008-10-06
In his 2002 autobiography, John McCain confessed that his role in the Keating 5 scandal was "the worst mistake of my life." He remade himself as a reformer in reaction to the scandal.


Today, the McCain camp described his "former relationship with Charles Keating as 'social friends,'" and called the situation a "classic political smear job on John." His representative "thinks that the committee went too far in suggesting that McCain’s intervention with regulators was poor judgment."

Straight Talk Express. Chuga, Chuga, Chuga.

Subfuscious - 2008-10-06
Yeah, but, uh, Obama's friends with the terrorists!

hornung - 2008-10-06
i remember people giving me shit about this way back when because i love Glenn so much at the time.

i've met several of the keatings and i hated them all.
baleen - 2008-10-12

Glenn's role was apparently that his campaign received ,000 in contributions from Keating over the years (this is nothing compared to what McCain got, however). He was never flown to his private island though. I guess POW's trump people that have walked on the moon.

baleen - 2008-10-12

I mean orbit the Earth... sorry.

dr_rock - 2008-10-06
I was too young to remember this, or at least too young to be interested when it happened (I was 14 in 1990). I think that, to date, aside from all of McCain's other apparent faults (voting 90% with Bush but claiming "change", 100 years in Iraq, bomb bomb bomb Iran, choosing Palin, etc, etc), that this is the most potent reason I have seen to vote against him.

I am also not surprised that Obama's camp is softly pushing this out there. Only softly and quietly, because Obama IS ahead by 8 points as of today. If it were the other way around and McCain were ahead, you would be seeing commercials like this on every channel, swift boat style. But it seems McCain swift-boated himself by choosing Palin, and by voting in many ways that seem to have contributed to the current financial crisis.
IrishWhiskey - 2008-10-06
The most direct cause is McCain promising to push 30 days of Rev. Wright and Ayers ads until Election Day. The Obama Camp directly promised that they would hit the MAD button if that happened, and it took only hours after Palin's speech for them to follow through.

Unfortunately for McCain,"served on a local government education board with a former criminal" isn't quite as bad as "being best friends with a criminal and accepting massive money in exchange covering up his criminal activities", in terms of associations.

Desidiosus - 2008-10-06
You ever get the feeling politics has become fucked beyond belief when they're using terms like mutually assured destruction for dealings between the parties?

Rudy - 2008-10-06
Stog - 2008-10-06
Rodents of Unusual Size - 2008-10-06
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