Tuesday, October 7, 2008

Obama's Take On The Keating 5

It seems to be more of an attack on deregulation than on John McCain.

Deregulation is not no regulation. Republicans are not anarchists.

It is not good but it has been a number of years, hearings were held and was much in the press at the time. What about the voters in AZ? If it was all so unforgivable why did they vote him in again, its kind of a cop out but i couldn't of voted him out.

As a side where was the honor of the regulators. My job is to enforce the rules, the rules are broken in the worst way, some senator ask me to look the other way and you just say okay. Don't mention the senators just punish the rule breakers. If that was the honor of the bureaucrats then what is it like now.

If both Barack Obama And John McCain are doing questionable favors for people who do we want those people to be? It is unbelievable that this has even become a realistic question. People acting on their greed or people acting on some kind of radical PC Socialism.

1 comment:

SBVOR said...

ALL of the evidence, from even the MOST “Liberal” of sources, PROVES that this pathetic and unfounded attempt to smear McCain with the crimes of Keating is unmitigated BUNK!

1) Although McCain had dealings with Keating (who was a constituent in McCain’s district), McCain was NOT connected in ANY WAY to the CRIMES committed by Keating.

2) McCain did NOT support, IN ANY WAY, Keating’s request for regulators to ignore his violations. McCain did NOT favor either skirting OR eliminating these regulations. McCain did NOTHING to assist Keating in ANY WAY!

3) In FACT, even the New York Times admits that the Keating scandal ONLY involved Democrats (which is precisely why the Dems were so DESPERATE to lynch the ONLY Republican they could even REMOTELY connect to Keating)!

Quoting the New York Times:

“The special counsel to the Senate Ethics Committee has recommended that the panel clear two of the five Senators under investigation for their links to the savings and loan debacle, Congressional officials said today.

In a confidential report submitted to the committee on Sept. 10, the special counsel, Robert S. Bennett, concluded that there was not adequate evidence to merit a full-scale investigation of John Glenn, an Ohio Democrat, and John McCain, an Arizona Republican, several officials said.”

“If Mr. McCain is dropped from the investigation, the political implications could be significant: He is the only Republican under scrutiny, and Republicans could portray the scandal as a Democratic one.”

4) Quoting the very “Liberal” PBS Online News Hour:

“The Senate Ethics Committee concluded that Glenn and McCain's involvement in the scheme was minimal and dropped the charges against them. In August 1991, the committee ruled that the other three [DEMOCRATIC] senators had acted improperly in interfering with the Federal Home Loan Banking Board's investigation.”

Click here for the UNDENIABLE FACTS on what REALLY caused the current housing mess (AND the Keating related S&L mess).

Click here and learn what Obama does NOT want you to know.