Just wondering?

iVillage Member
Registered: 10-10-2008
Just wondering?
209
Mon, 10-13-2008 - 9:00am
Would you personally step foot into a person's house who at one time

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iVillage Member
Registered: 04-04-2008
Mon, 10-13-2008 - 6:59pm
"McCain and the Keating Five

I've been hearing more about McCain and the Keating Five scandal lately. Pretty much none of it is true. There's not a lot of recollection about it, so here's the basic facts.


In 1991, Democratic Senators Alan Cranston, Dennis DeConcini, and Donald Riegle were found by the Senate Ethics Committee (of the Democratic-led Congress) to have substantially and improperly interfered with an investigation of the Lincoln Savings and Loan Association, run by Charles Keating.


Two other Senators, John McCain (R) and John Glenn (D) were completely exonerated of any wrongdoing. The record shows that McCain severed all ties with Keating immediately upon the revelation that he was under a criminal investigation. The Ethics Committee said McCain's "actions were not improper nor attended with gross negligence and did not reach the level of requiring institutional action against him....Senator McCain has violated no law of the United States or specific Rule of the United States Senate."


McCain's only sin was in meeting with regulators on behalf of Keating at all, not because he exerted undue influence -- which did not happen -- but because it could have given that appearance. Basically, he made a rookie political mistake (one he has obviously learned from). But he did nothing actually wrong.


Some Democratic members of the Ethics Committee said that McCain should not even be investigated, because there was no evidence against him. Some people say he was included by the Democrats only to make it look less like the scandal was all Democrats, and that in response to McCain's improper inclusion in the investigation, the Republicans pressed to get Glenn included as well.


The bottom line is that McCain did nothing wrong, and everyone who uses the Keating Five as an example of corruption against McCain either doesn't know what they are talking about, or is being intentionally deceptive."


Posted by pudge at July 29, 2008 01:59 PM | Email This


http://www.soundpolitics.com/archives/011195.html

iVillage Member
Registered: 03-19-2003
Mon, 10-13-2008 - 6:59pm
some of the most vocal

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iVillage Member
Registered: 09-15-2008
Mon, 10-13-2008 - 7:07pm
i'm sorry, i cant take political advice from anyone named pudge
iVillage Member
Registered: 09-09-2008
Mon, 10-13-2008 - 7:08pm

<>

That doesn't excuse it.

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ROFLMBO

iVillage Member
Registered: 08-31-2008
Mon, 10-13-2008 - 7:16pm

McCain admitted

iVillage Member
Registered: 08-30-2004
Mon, 10-13-2008 - 7:18pm

So what you're saying is, it was okay for McCain to be buddying around with Keating while he (Keating) was involved in illegal activities because McCain wasn't guilty of any wrongdoing.

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iVillage Member
Registered: 10-12-2008
Mon, 10-13-2008 - 7:20pm

You left out all the vacations that McCain and family took at Keating's expense - a big fat no no - and then there is the 'guilt by association' thing. Funny how McCain can have a 'rookie' mistake, but Obama can't even serve on the same committee, along with how many others?, as Ayers.

Not buying it.

iVillage Member
Registered: 04-09-2007
Mon, 10-13-2008 - 7:23pm

I usually ignore the conversation about stuff this personal, but it does take 2 to cheat.

iVillage Member
Registered: 04-04-2008
Mon, 10-13-2008 - 7:30pm

My theory on this is that Keating probably did that because he thought that he could get John McCain to work for him like he did Cranston, DeConcini and Riegle.

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