Tuesday, October 7, 2008


In a likely response to the recent shift in the McCain campaign's strategy, the Obama campaign is going on the offensive. KeatingEconomics.com is a website set up to attack John McCain as one of the so called Keating Five. While the name stuck, this line of attack probably will not. John McCain has already called this one of his biggest mistakes. He was also said to be among the least culpable members if he really did anything wrong. One of the biggest criticisms as told in the movie was that he did not say anything. That will not resonate as well as being able to play a clip of something one of the candidates said. Finally, this scandal is not easily broken up to in digestible sound bites. This is most clear from fact that the video is more than thirteen minutes long. The more interesting parts of the video, or the parts that would likely be the most persuasive, are more than half way through. It is unclear how many persuadable people will sit through the video to get to the interesting parts.

Video embedded below.


  1. ALL of the evidence, from even the MOST “Liberal” of sources, PROVES that this pathetic and unfounded attempt to smear McCain with the crimes of Keating is unmitigated BUNK!

    1) Although McCain had dealings with Keating (who was a constituent in McCain’s district), McCain was NOT connected in ANY WAY to the CRIMES committed by Keating.

    2) McCain did NOT support, IN ANY WAY, Keating’s request for regulators to ignore his violations. McCain did NOT favor either skirting OR eliminating these regulations. McCain did NOTHING to assist Keating in ANY WAY!

    3) In FACT, even the New York Times admits that the Keating scandal ONLY involved Democrats (which is precisely why the Dems were so DESPERATE to lynch the ONLY Republican they could even REMOTELY connect to Keating)!

    Quoting the New York Times:

    “The special counsel to the Senate Ethics Committee has recommended that the panel clear two of the five Senators under investigation for their links to the savings and loan debacle, Congressional officials said today.

    In a confidential report submitted to the committee on Sept. 10, the special counsel, Robert S. Bennett, concluded that there was not adequate evidence to merit a full-scale investigation of John Glenn, an Ohio Democrat, and John McCain, an Arizona Republican, several officials said.”

    “If Mr. McCain is dropped from the investigation, the political implications could be significant: He is the only Republican under scrutiny, and Republicans could portray the scandal as a Democratic one.”

    4) Quoting the very “Liberal” PBS Online News Hour:

    “The Senate Ethics Committee concluded that Glenn and McCain's involvement in the scheme was minimal and dropped the charges against them. In August 1991, the committee ruled that the other three [DEMOCRATIC] senators had acted improperly in interfering with the Federal Home Loan Banking Board's investigation.”

    Click here for the UNDENIABLE FACTS on what REALLY caused the current housing mess (AND the Keating related S&L mess).

    Click here and learn what Obama does NOT want you to know.

  2. As I said, this is sort of a non-scandal scandal.

    CNN's Fact Check has the verdict:

    "The Verdict: True. McCain did push to delay regulations that would have cracked down on savings-and-loans practices and intervened on Keating's behalf, although he was cleared of wrongdoing in the "Keating Five" case."

    Notice the "Cleared of wrongdoing".


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