Login HereA guess this was just a matter of time:
At the end of a two-day trip through Oregon, Obama was asked Saturday morning about whether it was fair for one of his supporters, Rep. Peter A. DeFazio (D-Ore.), to have invoked McCain's role in a nearly 20-year-old scandal when he introduced Obama at a University of Oregon rally Friday night.
DeFazio had said: McCain "says we need less regulation. Hello! Wall Street mortgage meltdown, Bear Stearns taxpayer bailout, Enron, but, you know, I guess maybe for a guy who was up to his neck in the Keating Five and savings-and-loan scandal, less regulation is better."
DeFazio was referring to McCain being one of the five senators disciplined for improperly trying to influence federal regulators in the late 1980s scandal. McCain has called it "the worst mistake of my life."
I would hazard a guess that you can expect to hear more about this and other ethical questions as McCain tries to pass himself off as The Great Reformer.
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Admittedly, the Keating 5 scandle will have it’s uses. But there’s more recent stuff that’ll be more interesting.
Still, keep hitting him from all sides until all he can do is turn red and sputter.
Boxturtle (Like fish in a barrel)
Hey Box,
I agree that more recent stuff has to be the crux of contrast with Obama. But The Keating 5 shows the pattern–it begins there. One must show how this is who The Real McCain is, and that is part of the story–and a part his people have successfully buried–at least until now
I have no problem with the newer stuff. I just would like to see it packaged in sound bytes with the Keating 5 stuff, because the Savings and Loan collapse offers such strong parallels with the sub prime mortgage collapse. They’re both about the perceived value of real estate and as a matter of fact, GWHB used Gulf War I to get the S&L crisis off the front pages. The S&L crisis is about Keating playing with other people’s money, “privatizing profits and socializing losses.” Since the US government guaranteed the S&L deposits, Keating felt free to bet on the riskiest loans he could find.
It also proves St. John doesn’t learn from his mistakes.
Hit hard, Hit first
And last
Always last…
I wonder if Obama will bring up those “military juntas”? Gawd I hope so! It will be McCrazy’s first “Reagan moment” where he’ll say, “I don’t know what you’re talking about. *cupping ear* Say it again? Millany jimpas? Never heard of them!”.
Of course Keating is relevant. And so is McCain’s FEC problems (if there were an FEC. And so are McCain’s attempts to render McCain-Feingold irrelevant. The Wing Nuts have been grasping at the moronic straws of serving on the same Hospital Board with a guy who was a Weatherman 40 years ago as has the McCain surrogate named Hillary Racist Clinton (HRC) whose first law job was with a law firm devoted to defending the Weatherman and the Panthers and many other similar groups in California. I find no fault with doing that whatsoever, but the hypocrisy of the Clinton camp fanning out to beat up Obama with Ayres and their earlier attempts that failed to try to emphasize possible temporary drug experimentation at an early age. Note the irony of convicted drug addict and pusher and Uber Narcotic Opiate Receptor Gobler Rush Limbaugh who could afford Roy Black to work a wonder plea bargain criticizing Obama for trying drugs when he was a kid.
Net Super Delegate Gains for Obama over the weekend as the migration from Camp Clinton up to her nose in quicksand continues:
From NBC’s Domenico Montanaro
Obama has pulled within two of taking the lead in what was once Clinton’s formidable superdelegate lead in the NBC News count. Today, the Illinois senator picked up the endorsement of California superdelegate Crystal Strait, a Young Democrats of America board member.
Strait is the first superdelegate to endorse this Sunday, but is Obama’s sixth pick up this weekend. Clinton gained one yesterday, but lost two for a net of negative one in the NBC News count.
The NBC NEWS delegate counts:
PLEDGED: Obama 1,590, Clinton 1,426
SUPERS: Clinton 276.5, Obama 275
TOTAL: Obama 1,865, Clinton 1,702.5