Liberalscum Buster

October 7, 2008

JOHN McCAIN NOT ONLY PALLED AROUND WITH CHARLES KEATING, BUT HE HELPED KEATING COMMIT CRIMES.

Filed under: BARACK OBAMA, Bush, hillary clinton, John McCain, life, mideast, news, politics, Uncategorized, war — gasdocpol @ 5:56 pm

JOHN McCAIN , HIS FAMILY AND THE BABYSITTER WERE FLOWN IN CHARLES KEATING’S PRIVATE PLANE TO HIS HOME IN THE BAHAMAS 9 OR 10 TIMES.

This is significant on two distinct levels.

1. Charles Keating was McCain’s earliest and biggest supporter. Keating ultimately went to prison for 5 years for his part in the S & L fraud and among other things, 20,000 people lost their life savings.
McCain intervened with federal regulators on Keatings behalf. There is no question that McCain and Keating were very close. IT IS WELL DOCUMENTED THAT McCAIN OFFICIALLY INTERVENED AS A SENATOR ON KEATING’S BEHALF.

2. McCain, long accustomed to talking his way out of capers from high school on, received only a slap on the wrists. It was concluded that McCain showed poor judgement on a matter of banking regulation. That should have been a wake-up call for McCain . Lack of federal oversight of S & Ls was clearly the reason for the need for the government bailout then.

If McCain would have been a more responsible Senator, he would have made it his business to understand : economics, banking and government regulation of banking. In 2005 John Mccain said “I’m going to be honest: I know a lot less about economics than I do about military and foreign policy issues. I still need to be educated.”

McCain was never inclined to apply himself to rigorous intellectual inquiry at the Naval academy and has not changed since then.

And to whom did McCain turn to for advise? “His foremost economic guru,” the former Texas Sen. Phil Gramm whose crusade for deregulation has lead to the S&L crisis, ENRON (Gramm’s wife was on its board of directors.), the Sub-prime and oil futures trading abuses.

EXPERIENCE IS ONLY A GOOD TEACHER WHEN YOU LEARN FROM YOUR MISTAKES.

McCAIN DID NOT EVEN UNDERSTAND NOR APPARENTLY CARE THAT HE HAD MADE A MISTAKE IN THE S&L DISASTER
MCCAIN NOT ONLY DID NOT LEARN FROM HIS MISTAKE BUT HE HELPED TO PERPETUATE THE SAME POLICY THAT HAD CAUSED THE S&L CRISIS THAT WOULD GO ON AN CAUSE THE SUBPRIME MORTGAGE DEBACLE NOW.

McCAIN, DESPITE HIS YEARS OF MILITARY TRAINING AND DECADES OF EXPERIENCE IN FOREIGN AFFAIRS, DID NOT UNDERSTAND THAT AN IRAQ WAR WOULD BE A DUMB WAR.

OBAMA, WITHOUT THOSE YEARS OF SPECIAL MILITARY TRAINING AND DECADES OF “EXPERIENCE” CLEARLY STATED THAT iRAQ WOULD BE A DUMB WAR BECAUSE HE HAD COMMON SENSE AND GOOD JUDGEMENT.( But that is another story) but consider part of his speech in oct 2002.

I also know that Saddam poses no imminent and direct threat to the United States, or to his neighbors, that the Iraqi economy is in shambles, that the Iraqi military a fraction of its former strength, and that in concert with the international community he can be contained until, in the way of all petty dictators, he falls away into the dustbin of history.

I know that even a successful war against Iraq will require a US occupation of undetermined length, at undetermined cost, with undetermined consequences. I know that an invasion of Iraq without a clear rationale and without strong international support will only fan the flames of the Middle East, and encourage the worst, rather than best, impulses of the Arab world, and strengthen the recruitment arm of al-Qaeda.

I am not opposed to all wars. I’m opposed to dumb wars.

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2 Comments »

  1. John Glenn and two other long term Democratic senators also were pals of Keeting. No one knew of what was happening within the S&Ls that he controlled. Keeting and the terrorist that is a pal of Obama are like night and day!

    Comment by woody — October 7, 2008 @ 8:20 pm

  2. None of the other members of the Keating Five received as much money or were as close to Keating as was McCain.

    McCain received $112,000 from Keating. Obama received $200 from Ayres. McCain used his position as a Senator to aid and abet Keating’s crimes.

    McCain, was better at weaseling out of such difficulties than the others for the simple reason that he has been misbehaving his entire life.. He nonetheless was deemed to have have shown bad judgement in dealing with banking regulation when he sabotaged it. If he were the innocent, well meaning victim of Keatings deceit one would think that McCain would have made it his buiness to learn something about banking regulation. He neither became more knowledgable about economics and banking oversight but he actually pushed for MORE deredulation.

    The acts that Ayres carried out were when Obama was eight years old. Obama has called those acts despicable. Obama had served on 2 committees with Ayres. They live in the same neighborhood. Ayres once held a fundraiser for Obama. That hardly be called palling around as Sarah Palin has fraudulenly called it.

    Comment by gasdocpol — October 7, 2008 @ 8:58 pm


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