McCain revisiting Keating 5 banking scandal again

[maddezmom]

Source: AP

WASHINGTON (AP) — Nearly two decades later, John McCain is still haunted by his role in the Keating Five scandal.

His role in the 1980s banking scandal is featured in a new Barack Obama attack video. McCain's presidential campaign quickly moved to limit any damage.

The Republican senator's lawyer in the case, John Dowd, told reporters in a conference call Monday that McCain had been the victim of "a political smear job" by Senate Democrats.

When a reporter noted that McCain himself has spoken contritely about his role, Dowd responded, "I'm his lawyer and I have a different view of it."

McCain said his reputation was so tarnished by the Keating case that he compared his ordeal — in some ways — to the torture he suffered as a prisoner of war.

"I faced in Vietnam, at times, very real threats to life and limb," McCain told The Associated Press in a written statement last March. "But while my sense of honor was tested in prison, it was not questioned. During the Keating inquiry, it was, and I regretted that very much."



Read more: http://ap.google.com/article/ALeqM5iG5BqTVduZyxWeMy1I3XP2JG3j3QD93LLFRG1

[barnabas63]

1. Mccain the victim...

:eyes:

[TwilightGardener]

2. Jesus, what DOESN'T he compare to the "torture he suffered"? Fucking persecution complex.

[muriel_volestrangler]

3. If anyone else compared getting caught in a dodgy coverup of illegality to being a POW

the McCain campaign would rip them to shreds - disrespecting the service of honourable airmen and so on. And they'd have a bit of a point. But he seems to think he has a right to say what the fuck he likes about it, and demean it if he wants. Fuck him.

[VeraAgnes]

7. I had a bad feeling about us going there.....Keating 5 and all....

Mccain could care less for the facts which he has proven time and time again. He is masterful at spin/lie and whatever it takes to keep/maintain the veil of deception.

[muriel_volestrangler]

13. He *has* to be slammed on the Keating 5, again and again

It's the most relevant thing from any candidates' past. McCain was up to his neck in a big financial scandal that cost the taxpayers billions, showing his bad judgement and general weaseliness.

[tavalon]

18. In a big financial scandal that is particularly relevant at this juncture

What's going on right now has an awful lot to do with the S&L scandal and with the Enron debacle as well, not that anyone brought up Enron but how can one help but..........

[karynnj]

22. That is why the Obama video is masterful

It carefully explains what happened, sticking 100% to what was proven and lets people draw their own conclusions.

The fact is that McCain got off easy - as the Senate did not look at what he did while in the House and the House never investigated what he did then. I read some of Cranston's defense in the Senate record. One point he made was that none of them profited personally. In fact, McCain did take personal gifts (vacations)when he was a Congressman and I believe they were not reported when they should have been. He also co-sponsored legislation to slow the date when new regulation that would affect Lincoln Savings would go into affect. That was not part of the Keating 5 case, but it was clearly not proper.

McCain got a hugh pass on this from his adoring media.

[napi21]

4. Had McNuts CHANGED his attitude toward regulating institutions

like the banks/S&Ls, he MAY have been able to claim that he paid a price for his misjudgement and LEARNED his lesson, but he obviously DIDN'T!

[qanda]

5. Why is McCain allowed to have redemption and Ayers is not?

[L0oniX]

6. Stop picking on McLame ...he was just being maverickey back then.

:evilfrown:

[benld74]

8. The MOST TORTURE McSAme have EVER endured,,,

is what he puts himself through in trying to be figure head in life LARGER than either his father or grandfather were. THAT is what is driving McSame, similar to what has driven * over the years, to be 'bigger and better' than his father.

[bowens43]

9. republicans are all victims,

I have neve seen a bigger bunch of whiners the republican congress.

Gee....Everyone is picking on them. It just isn't fair! Why do people keep blaming them for the crimes they commit?

[redqueen]

10. "a new Barack Obama attack video" Attack video? Have they ever referred to a McCain attack video?

Gotta love the bias of the AP. Guess they're tired of playing second fiddle to FAUX.

[torbird]

11. Keep Talking About This, AP

ANY mention of Keating is going to be damaging to McCain, particularly the bizarre, overreaction from his lawyer yesterday (which is noted in the AP article).

Basically, the McCain people have ensured that this will be discussed for the rest of the week, and there is no way to make John McCain look good while that's happening.

Looking forward to the "economy" part of the "debate" tonight.

[Pretty_in_CodePink]

12. No regret at being a Keating 5

just regret at getting caught.

<McCain told The Associated Press in a written statement last March. 'But while my sense of honor was tested in prison, it was not questioned. During the Keating inquiry, it was, and I regretted that very much.">

[Greyskye]

14. Money quote from McCain on the Keating scandal:

That is what Obama needs to bring up tonight.

[truthisfreedom]

15. Tombstone'd!

He said it himself! "It will be on my tombstone, and deservedly so!"

[tavalon]

19. If by tombstone, he means Nov 4th, then yes, it will be.

[Imagevision]

16. McCain camp should interview supporters to ask opinion of McCain 5 coverage...

is it warranted...

[OakCliffDem]

17. The Obama Campaign needs to rub the Keating 5 in McCain's face

Bring the Ayers knife to the fight, Obama should bring the Keating gun.

[Solly Mack]

20. Snort

[Robb]

21. "Revisiting again"?

Forgive me, I've apparently got a thing for poorly-done headlines. :D