October 6th, 2008


Keating Economics

I guess with the McCain campaign having announced that they're going to try to "turn the page" on the financial crisis, by focusing nearly 100% of their ad buys over the next month on smears, the Obama folks decided it was time to remind people what exactly the Keating Five scandal was about, how it relates to the collapse of the Savings and Loan system, and how McCain either was too dumb to to understand what happened during the S&L crisis, or didn't care because he was on the payroll of the people who benefit from looting our financial institutions.

And the guy is still taking advice from Phil Gramm, and insisting that we ought to deregulate healthcare the same way we deregulated banking.
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