There was an error in this gadget

Monday, October 06, 2008

Oops, They Are Mentioning the Keating Five Scandal

Hmm, apparently I spoke too soon in my previous post - somebody is mentioning the Keating Five and not a moment too soon. It's actually more relevant than whether Obama had a passing political acquaintance with a former sixties radical, whose reprensible actions occurred when Obama was only eight years old. McCain actually was involved in the Keating Five scandal that led to a meltdown of the Savings and Loan industry. This wasn't guilt by association but an example of McCain's lack of judgment, recklessness and commitment to extreme deregulation. And although he was sorry that his actions crossed the border into corruption, the truth is that the poor judgment, lack of understanding of economic policy and same dedication to fighting sensible regulations hasn't changed a bit.

No comments: