The October surprise that is no surprise.

[Krimson X]

Over the weekend, John McCain's top adviser announced their plan to stop engaging in a debate over the economy and "turn the page" to more direct, personal attacks on Barack Obama.

In the middle of the worst economic crisis since the Great Depression, they want to change the subject from the central question of this election. Perhaps because the policies McCain supported these past eight years and wants to continue are pretty hard to defend.

But it's not just McCain's role in the current crisis that they're avoiding. The backward economic philosophy and culture of corruption that helped create the current crisis are looking more and more like the other major financial crisis of our time.

During the savings and loan crisis of the late '80s and early '90s, McCain's political favors and aggressive support for deregulation put him at the center of the fall of Lincoln Savings and Loan, one of the largest in the country. More than 23,000 investors lost their savings. Overall, the savings and loan crisis required the federal government to bail out the savings of hundreds of thousands of families and ultimately cost American taxpayers $124 billion.

Sound familiar?

In that crisis, John McCain and his political patron, Charles Keating, played central roles that ultimately landed Keating in jail for fraud and McCain in front of the Senate Ethics Committee. The McCain campaign has tried to avoid talking about the scandal, but with so many parallels to the current crisis, McCain's Keating history is relevant and voters deserve to know the facts -- and see for themselves the pattern of poor judgment by John McCain.

So at noon Eastern on Monday, October 6th, we're releasing a 13-minute documentary about the scandal called "Keating Economics: John McCain and the Making of a Financial Crisis" -- it will be available at KeatingEconomics.com, along with background information that every voter should know.


http://www.keatingeconomics.com/

[Mr.Black]

nice vid thanks, didn't not know that

[MrLabGuy]

Originally Posted by Krimson X

Over the weekend, John McCain's top adviser announced their plan to stop engaging in a debate over the economy and "turn the page" to more direct, personal attacks on Barack Obama.

In the middle of the worst economic crisis since the Great Depression, they want to change the subject from the central question of this election. Perhaps because the policies McCain supported these past eight years and wants to continue are pretty hard to defend.

But it's not just McCain's role in the current crisis that they're avoiding. The backward economic philosophy and culture of corruption that helped create the current crisis are looking more and more like the other major financial crisis of our time.

During the savings and loan crisis of the late '80s and early '90s, McCain's political favors and aggressive support for deregulation put him at the center of the fall of Lincoln Savings and Loan, one of the largest in the country. More than 23,000 investors lost their savings. Overall, the savings and loan crisis required the federal government to bail out the savings of hundreds of thousands of families and ultimately cost American taxpayers $124 billion.

Sound familiar?

In that crisis, John McCain and his political patron, Charles Keating, played central roles that ultimately landed Keating in jail for fraud and McCain in front of the Senate Ethics Committee. The McCain campaign has tried to avoid talking about the scandal, but with so many parallels to the current crisis, McCain's Keating history is relevant and voters deserve to know the facts -- and see for themselves the pattern of poor judgment by John McCain.

So at noon Eastern on Monday, October 6th, we're releasing a 13-minute documentary about the scandal called "Keating Economics: John McCain and the Making of a Financial Crisis" -- it will be available at KeatingEconomics.com, along with background information that every voter should know.


http://www.keatingeconomics.com/

Yep Krimson...You are on top of your talking points like a good little Obama drone. This issue today has NOTHING to do with anything McCain has done but does point right at Democrats like Barny Frank and yes even to President Bush.

So tell us...How is Obama going to pay for all of his campaign promises with no cash flow through the Treasury? Oh that's right...You don't know because Obama has no idea either.

Oh...And be careful of going back 20 years...Obama's communist buddies might start coming out of the woodwork.

[Wagner]

Originally Posted by MrLabGuy

Yep Krimson...You are on top of your talking points like a good little Obama drone. This issue today has NOTHING to do with anything McCain has done but does point right at Democrats like Barny Frank and yes even to President Bush.

So tell us...How is Obama going to pay for all of his campaign promises with no cash flow through the Treasury? Oh that's right...You don't know because Obama has no idea either.

Oh...And be careful of going back 20 years...Obama's communist buddies might start coming out of the woodwork.

[Krimson X]

Originally Posted by MrLabGuy

Yep Krimson...You are on top of your talking points like a good little Obama drone. This issue today has NOTHING to do with anything McCain has done but does point right at Democrats like Barny Frank and yes even to President Bush.

So tell us...How is Obama going to pay for all of his campaign promises with no cash flow through the Treasury? Oh that's right...You don't know because Obama has no idea either.

Oh...And be careful of going back 20 years...Obama's communist buddies might start coming out of the woodwork.

If Ayers is news worthy as illustrated by the two threads you started, then so is this. What is good for the goose is good for the gander. It is obvious you get your talking points from Sean Hannity and marching orders from Karl Rove. And here you are, like a good little boy, following McCain's misdirection and changing the topic from the economy to guilt-by-association. Two can play that game, "my friend."

You are such an angry little man these days. What happened? Is everything ok?

[MrLabGuy]

Originally Posted by Krimson X

If Ayers is news worthy as illustrated by the two threads you started, then so is this. What is good for the goose is good for the gander. It is obvious you get your talking points from Sean Hannity and marching orders from Karl Rove. And here you are, like a good little boy, following McCain's misdirection and changing the topic from the economy to guilt-by-association. Two can play that game, "my friend."

You are such an angry little man these days. What happened? Is everything ok?

Keating 5 is fine to bring up; however, using this to pin the financial collapse today on McCain is dishonest. McCain had nothing to do with this economic collapse and in fact seemed to be on top of the issue a few years back with other Republicans.

I'd say he learned his lesions from the Keating 5 mess and it shows by his actions today. Now Barny Frank and the other will never learn.