JOHN McCAIN WAS IN THE BOTTOM 1% OF HIS CLASS AT THE NAVAL ACADEMY.
He was even in the bottom 1/2 of the bottom 1% of his class.
He would not have graduated if his father and grandfather were not 4 star admirals.
McCain has been no better as a US Senator at doing his homework. After 26 years as a Senator, his knowledge and understanding of economics and foreign affairs is at best superficial and incomplete.
IF NOTHING ELSE, AFTER THE KEATING FIVE SCANDAL IN THE ’80s, McCAIN SHOULD HAVE MADE IT HIS BUSINESS TO LEARN ABOUT BANKING AND BANKING REGULATION.
BY PLEADING IGNORANCE HE TALKED HIS WAY OUT OF BEING PROSECUTED FOR INTERFERING WITH BANKING REGULATORS SO THAT HIS CLOSE FRIEND CHARLES KEATING COULD SWINDLE 20,000 PEOPLE OUT OF THEIR LIFE SAVINGS AND COST THE GOVENMENT 2 BILLION TO BAIL OUT LINCOLN SAVINGS BANK.
Keating’s crimes did not take place when McCain was 8 years old and McCain did not meet Keating for the first time 25 years later. They not only were close friends at the time, but McCain received over $115,000 in contibutions and huge favors and McCain actively used his position in the Senate to help Keating’s nefarious deeds.
EVEN IF WE WERE TO GIVE McCAIN THE BENEFIT OF THE DOUBT , WOULD NOT MOST PEOPLE HAVE MADE IT THEIR BUSINESS TO LEARN ABOUT SOMETHING THAT HAD GOTTEN THEM IN SO MUCH TROUBLE. Obviously McCain did not learn from his mistakes
ESPECIALLY IF THAT PERSON WERE RUNNING FOR PRESIDENT ABOUT TO FACE A PROBLEM THAT HE HAD BEEN INTIMATELY INVOLVED IN THAT HE SHOULD HAVE LONG SINCE BECOME AN EXPERT ON.
LACK OF OVERSIGHT CAUSE THE S&L CRISIS AND IT CAUSED THE PRESENT PROBLEM. THE DEREGULATION McCAIN HAS PUSH WAS THE PROBLEM .