Monday, October 06, 2008

Keating Economics: John McCain and the Making of a Financial Crisis

Today, at noon EST, the Barack Obama campaign released a short documentary explaining what happened several years ago in the Keating Savings & Loan scandal - a scam that John McCain was involved with. I hope you'll click on the title to this post, watch the video, and share it with everybody you know because this campaign has gotten ugly and it's time to take off the gloves.

Why is Barack Obama releasing this video at this time? Because the McCain campaign persists in lying about Sen. Obama and airing television and internet ads that distort the truth about Sen. Obama, and because the stakes are waaaaay too high to turn the other cheek.

When I decided to vote for Obama in the primary I had one doubt about him: that he would be tough enough to fight with all the tools in the tool chest to win the presidency. With this video I know that I voted for the right person.

The Keating scandal landed Charles Keating in prison and cost American taxpayers billions of dollars. That scandal had some of the stench of the current financial crisis we find ourselves in. It is for that reason that I urge you to watch this video and share it widely with friends and family. The voters of this country deserve to know that John McCain hasn't learned; that he persists in associating with people who game the system, and that he continues to advocate for them.

Sen. McCain is either not very smart, or is thoroughly unprincipled. I leave you to decide which.

1 comment:

  1. If you are so gung-ho for Obama, why are you still here blogging? Buy a rifle and go to Afghanistan and fight that war Obama is promising. Coward.