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Keating 5Follow

#1 Oct 06 2008 at 10:17 AM Rating: Excellent
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I knew John McCain was one of the Keating 5 and that it had something to do with taking bribes that led to the S&L crisis, but I admit I didn't know all of the facts. Here's a 12 minute documentary someone created that explains it. I think it's pretty well done and while all of that was almost 20 years ago, I still find if relevant given the current crisis.

http://www.keatingeconomics.com/

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#2 Oct 06 2008 at 10:18 AM Rating: Excellent
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In before the obvious....

OBAMA SUPPPORTS 3RD TRIMESTER ABORTIONS!
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#3 Oct 06 2008 at 10:20 AM Rating: Excellent
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Obama is a muslim terrorist brain control expert. Also: no deodorant.

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#4 Oct 06 2008 at 10:22 AM Rating: Good
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I am going to write-in "Scooby Doo"...
#5 Oct 06 2008 at 10:23 AM Rating: Decent
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Nexa wrote:
Also: no deodorant.

Nexa
Really?
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#6 Oct 06 2008 at 10:25 AM Rating: Excellent
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Just to clarify. The video was produced by the Obama campaign. My wife had sent me the link so I wasn't sure at first.
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#7 Oct 06 2008 at 10:29 AM Rating: Good
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My understanding is that this Keating business is Obama's response to Palin's claim that he's "palling" around with terrorists.

Either way, the campaign got much juicier this weekend.
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#8 Oct 06 2008 at 10:29 AM Rating: Excellent
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Allakhazam Defender of Justice wrote:
Just to clarify. The video was produced by the Obama campaign. My wife had sent me the link so I wasn't sure at first.


They did, and I read an article about it on CNN this morning. While I wouldn't have felt it necessary a month or two ago, I'm fine with it considering the direction that the McCain campaign has opted to take in going the character assassination route. The stuff their throwing up about Obama is ridiculous, they deserve the backlash.

Nexa
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#9 Oct 06 2008 at 10:36 AM Rating: Excellent
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I'd been waiting for this to come into the campaign and I imagine October is the time to do it. Pretty stupid of McCain to try to steer the campaign into "judgement" when he was rebuked by the Senate Ethics Committee for showing "poor judgement" (and his VP is under investigation for "abuse of power" -- four more days!). The Republicans can cry that the involved Democrats were hit worse (and they were) but they're the ones trying to make a case out of Ayers & Rezko.
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#10 Oct 06 2008 at 11:04 AM Rating: Excellent
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Obama's campaign pretty much said "bring it" when the McCain camp threatened to up the ante. Guess they weren't bluffing.

Also: McCain is too short to be President.

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#11 Oct 06 2008 at 11:09 AM Rating: Excellent
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Samira wrote:
Obama's campaign pretty much said "bring it" when the McCain camp threatened to up the ante. Guess they weren't bluffing.

Also: McCain is too short to be President.



Think McCain will be the spokesperson for osteoporosis medication after the campaign is over? I loved that Bob Dole turned into viagra guy.

Nexa
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#12 Oct 06 2008 at 11:26 AM Rating: Excellent
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I'm suprised, nay SHOCKED even that no one has brought up Mccain's close personal association with known communist extremist elements. He was hanging out with them for months on end!

Though Obama's name still rhymes with Llama, so he ahs that working against him.
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#13 Oct 06 2008 at 11:29 AM Rating: Decent
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Nexa wrote:
Also: no deodorant.

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Really?
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#14 Oct 06 2008 at 11:31 AM Rating: Good
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Samira - You finally found an avatard creepier than Mr Winky.

/shakesfist
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#15 Oct 06 2008 at 11:51 AM Rating: Excellent
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I saw that on CNN this morning too. Loved the headline too, something like "The gloves are coming off". Smiley: lol
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#16gbaji, Posted: Oct 06 2008 at 12:48 PM, Rating: Sub-Default, (Expand Post) I think the larger lesson in this, and relevant comparison between the two, is what happened *after* the Keating 5 incident. McCain did something that gave the perception that he was allowing his vote to be influenced by favors/donations. He was exonerated, but learned a valuable lesson. Since then, he has made sure to avoid this sort of conflict, going so far as refusing any earmarks for his state on the grounds that this also indicates some sort of vote selling.
#17 Oct 06 2008 at 12:58 PM Rating: Decent
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gbaji wrote:
I frankly don't see how brining up the Keating 5 issue at all exonerates Obama's relationship with Ayers.


I frankly don't see why bringing this up relates to exconerating Obama's relationship with Ayers. Keep in mind Ayers was mentioned ONCE in this thread before you, and it had nothing to do with exoneration.

Jophiel wrote:
The Republicans can cry that the involved Democrats were hit worse (and they were) but they're the ones trying to make a case out of Ayers & Rezko.


And before you even reply, retaliation =/= exoneration.
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I'm not getting my news from anywhere Joph.
#18 Oct 06 2008 at 1:15 PM Rating: Excellent
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gbaji wrote:
I frankly don't see how brining up the Keating 5 issue at all exonerates Obama's relationship with Ayers.
Who said it did?
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#19 Oct 06 2008 at 2:05 PM Rating: Good
gbaji wrote:

McCain learned 20 years ago that who and how you associate with politically is something you can and should be held accountable for. Obama appears not to have learned this lesson at all. I frankly don't see how brining up the Keating 5 issue at all exonerates Obama's relationship with Ayers. He's attempted to redirect the issue with counters that since Ayer's bombed government buildings when Obama was a child, this somehow doesn't count. That's absurd. Obama could and should have known who he was getting in bed with politically, and absolutely should be held accountable for those connections now.



I'm not really a fan of Obama, but I am a fan of truth.

Quote:

Obama and Ayers, now a university professor, have met several times since 1995, when both worked with a non-profit group trying to raise funds for a school improvement project and a charitable foundation. CNN's review of project records found nothing to suggest anything inappropriate in the volunteer projects in which the two men were involved.

"We see America as the greatest force for good in this world," Palin said at a fund-raising event in Colorado, adding, "Our opponent though, is someone who sees America, it seems, as being so imperfect that he's palling around with terrorists who would target their own country."

She referred to an article in Saturday's New York Times about Obama's relationship with Ayers, now 63. But that article concluded that "the two men do not appear to have been close. Nor has Mr. Obama ever expressed sympathy for the radical views and actions of Mr. Ayers, whom he has called 'somebody who engaged in detestable acts 40 years ago, when I was 8.'"

http://www.cnn.com/2008/POLITICS/10/05/palin.obama.terrorist.claim/index.html

To suggest that Obama has any more of a relationship with Ayers than Palin has with, say, her PTA president is laughable.
#20gbaji, Posted: Oct 06 2008 at 2:48 PM, Rating: Sub-Default, (Expand Post) You're missing the point. The Keating 5 response by the Obama camp is entirely about trying to get people to think that since McCain showed bad judgment in the past, he shouldn't be criticizing Obama on this issue. Heck. It's the exact argument several people made in this very thread.
#21 Oct 06 2008 at 3:07 PM Rating: Excellent
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I'm not sure what the problem is from your point of view. McCain said back in April or so that he wouldn't stoop to slinging mud. Now that times are desperate, out comes the mud.

All the Obama camp has to do is respond, "Well, okay, you got some, we got some. And the poor judgment YOU used was specifically financial when you went to bat for your pal Charles Keating."

The Keating scandal wasn't about earmarks or whatever stupid thing you're trying to compare it with might have been. It was about direct, personal intervention in an ongoing investigation that got that investigation shelved.... to the detriment of those who had invested their savings in the savings & loan involved.

The fact that it rings familiar today is not Obama's fault. Had Ayers been involved in a banking scandal and Obama bailed him out twenty years ago you'd have a point, maybe.



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#22 Oct 06 2008 at 3:11 PM Rating: Default
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Makaro wrote:
http://www.cnn.com/2008/POLITICS/10/05/palin.obama.terrorist.claim/index.html

To suggest that Obama has any more of a relationship with Ayers than Palin has with, say, her PTA president is laughable.


Lol. You're kidding, right? I particularly love this line from that wonderfully non-biased and completely truthful article:

Quote:
Obama campaign spokesman Ben LaBolt said the two had not spoken by phone or exchanged e-mail messages since Obama came to the U.S. Senate in 2005.


Yes. But they did meet in person at his home where Ayers threw a party for Obama to celebrate the kickoff of his presidential campaign....


Clever wording on that statement, isn't there?


Just as clever as the wording used to call this a "lie". They use a strawman about how there wasn't a fundraising event at Ayer's home. Um...
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#23 Oct 06 2008 at 3:20 PM Rating: Excellent
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gbaji wrote:
So, maybe not "exoneration" so much as getting people to look the other way.
Yeah, kind of like "Oh, shit! We need to get the conversation off of the economy and onto something else!"

In reality, which of these topics do you think most people would give top priority?

The Economy
Ayers
Keating

Personally, I think it's the economy. But McCain doesn't want to talk about the economy because he's getting creamed there. So McCain tries to throw up a bunch of crap about Ayers, Obama deflects with crap about Keating and then brings it back to the economy. McCain now has to waste time he was going to spend smearing Obama on covering his *** regarding Keating. Obama is freed up to talk more about the economy. It has nothing at all to do with "Ayers is oka/not okay because of Keating", it's simple political tactics.
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#24 Oct 06 2008 at 3:21 PM Rating: Excellent
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gbaji wrote:
Yes. But they did meet in person at his home where Ayers threw a party for Obama to celebrate the kickoff of his presidential campaign....
No, Ayers hosted an event in 1995 when Obama was running for the state senate.

Parrot your right-wing talking points a little more accurately, please.
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#25 Oct 06 2008 at 4:15 PM Rating: Good
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The Associated Press has called Sarah Palin’s comments about Obama and his association with terrorists and American-hating villains racist.

http://www.cnn.com/video/#/video/politics/2008/10/06/sot.palin.racism.charge.cnn

Can you believe that? This is a perfect example of the crazy left-wing liberal media attacking a true and tested leader. We all know Sarah has very her own crazy black preacher and therefore could not be a racist.

http://www.youtube.com/watch?v=kj-on3kfWuE

#26 Oct 06 2008 at 4:28 PM Rating: Good
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While Ayer, was a bomb maker and terrorist who served time and then reformed his ways, there are many of us who also remember the pain of those who lost money during the Savings and loan crisis in the 1980's.

Lincoln Savings and Loan Association, American Continental Corporation.

I think with the current economic crisis, being linked as a member of the Keating Five, hurts McCain far more then Obama having served on a non-profit board with Ayers. And if a politician can't accept donations or have a neighbor give them a to hold a fund raiser event, then few would ever have a chance at being elected to local dog catcher.
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