Sunday, October 5, 2008

KeatingEconomics.Com

That's the site the Obama campaign has launched going after McCain on his role as one of the Keating Five in the savings and loan scandal. At noon tomorrow, a 13-minute documentary will be released on the site, and it already has this trailer:



The parallels to the current crisis are crystal clear, and it's evident that McCain learned nothing from the experience, even after being reprimanded by the Senate ethics committee. He has brought the same approach to the crisis we're now facing. Unbelievably, his staff is jam packed with Fannie Mae and Freddie Mac lobbyists, and one of his chief economic advisers is Phil Gramm, a "candidate for lead perp" in the current scandal, mastermind of one of the key deregulation steps that led to the crisis (the Commodities Futures Modernization Act), and now a lobbyist and vice president of a foreign investment bank.

I was wondering how long it would take for the Obama campaign to bring up McCain's dark S&L scandal past. It's about time!

1 comment:

DEBT WARRIORS! | Debt Settlement Specialists| Pre-Paid Legal Associates said...

Thanks for putting this up. This needs to be known before Election Day.~J.