McCain Pals with Felons

While [McCain's] telling the American people that he tried to protect them from the current financial crisis before it happened, the only person he's documented as ever trying to protect is convicted felon Charles Keating. He desperately tried to protect him from public accountability after Keating was responsible for the collapse of Lincoln Savings and Loan, under conditions identical to our current crisis. In that case, more than 21,000 investors, mostly elderly, lost their life's savings, totaling $285 million. And even after getting a pass on that as a result of his status as a "war hero," McCain continues to be one of the senate's most prolific deregulators.

[from Eric Wattree, "Barack Obama, Becoming the Next President", Huffington Post, 9 October 2008.]

Posted on October 9, 2008 at 19.18 by jns · Permalink
In: All, Common-Place Book, Current Events

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