He's actually just a lying, wrongheaded guy whose bad judgemnt is directly related to the huge crisis we're now facing. His experience with the failed S&L of Keating did nothing to warn him of the dangers of deregulation-instead he pushed for it at every opportunity thus creating the conditions that permitted today's vast financial crisis. Also, if he was so innocent why did he call his actions in the Keating situation the "worst mistake of my life".
"A quintet of senators, among them John McCain, began having meetings with both the management at Lincoln and the regulators at the loan board. With their help, Lincoln was able to stay in business an additional two years, at the end of which they failed--taking the life savings of 21,000, mostly elderly, investors with them.
How involved was John McCain? McCain and Keating had known each other since 1981 and had become fast friends. Of all the "Keating Five," it was McCain who really moved into the life of the Lincoln S&L chief. The two men vacationed together multiple times, with the whole McCain clan (babysitter included) heading out for Keating's private Caribbean property on Keating's private jet. McCain didn't think to actually report these trips, or pay for them, until the investigators were breathing down his neck. And McCain took payment in more than just vacations. Keating and other members of Lincoln's parent company padded McCain's pockets with $112,000 in campaign contributions.
In John McCain's biography, he called his meetings with Keating and regulators "the worst mistake of my life," though from the text you'd think this was a spur-of-the-moment decision, not something that McCain did repeatedly over a space of years." .... "When questioned about his support of Gramm's legislation, John McCain called his friend (and by then, campaign co-chair) Gramm "one of the smartest people in the world on the economy" and pointed out that Greenspan also favored the acts Gramm and his coalition of lobbyists had authored. If both Gramm and Greenspan were on his side, McCain couldn't possibly be in the wrong.
Except, of course, that he could.
From the beginning, there were plenty of people in the financial community whose opinion of these unregulated credit swaps was not as rosy as that of Gramm, Greenspan and McCain. Chief among those speaking in opposition was SEC Chairman Arthur Levitt. Levitt argued that what the industry needed was more transparency, especially when it came to complex instruments like default swaps, and he testified to this before Gramm's Senate Banking Committee,.
In my judgment, the risk of this regulatory approach is simply unacceptable for America's investors. --Arthur Levitt, 1999 "
Obama also worked with Ayers - note the previously cited WSJ article.
"The only hard facts that have come out so far are the $200 contribution by Ayers to the Obama re-election fund, and their joint membership of the eight-person Woods Fund Board. Ayers did not respond to e-mails and telephone calls requesting clarification of the relationship. Obama spokesman Bill Burton noted in a statement that Ayers was a professor of education at the University of Illinois and a former aide to Mayor Richard M. Daley, and continued"
"When Senator Obama's preacher thundered about racism and injustice Obama suffered smear-by-association. But when my late father -- Religious Right leader Francis Schaeffer -- denounced America and even called for the violent overthrow of the US government, he was invited to lunch with presidents Ford, Reagan and Bush, Sr.
So saying that Ayers is much more than just some guy who live in Obama's neighborhood is bashing Obama? Interesting. A little honesty from Obama about his relationships would be refreshing.
So what would you accept as "honesty"? When Obama "admits" that he agrees with all those radical beliefs & wants to turn the country over to the terrorists? Is that what you expect? If there is nothing to "admit" then why should he?
OOOO, he took money to fund his campaign? What an evil guy, no other politician has ever taken campaign funding from anyone before, ooooooo. And oh my gosh no, say it isn't so, McCain had a friend? Oh well, I'll change my vote right now. Cindy and her dad invested in a shopping mall, oh no, not that!!!you are just so darn CUTE with that smart alec attitude!
All of that, and McCain still wouldn't try to pull strings for Keating. McCain said he didn't want any favors for Keating, just wanted him treated fairly which is the same he would want for any constituent. He then called a press conference and stood for 90 minutes answering every question that was raised honestly. You've got to love an honest guy.
-this clearly is not a matter of guilt since neither mccain nor obama were convicted of anything. it is a matter of "association" mccains associations were white collar criminals. thats the last thing our country needs right now
In 1990, after Barack Obama was elected president of the Harvard Law Review, Rezmar Corp. offered him a job, which Obama turned down. Obama did end up taking a job with law firm Davis, Miner, Barnhill & Galland, which primarily worked civil rights cases, but also represented Rezmar and helped the company get more than $43
What I find so amazing about that is that Ayers is a terrorist (yes I think once a terrorist always a terrorist) but now he's a professor so democrats think all is forgiven no matter how evil he was 30 years ago. You can forgive a terrorist but can't forgive a much less serious mistake McCain made 20 years ago. Hhhmmm.
McCain made the mistake of having a relationship 20 years ago with a guy who turned out to be a crook which McCain wasn't aware of at the time. McCain has said he made a mistake, has been honest about what happened and again did nothing wrong in the meetings Keating asked him to attend. McCain hasn't been associated with Keating in twenty years. Obama is currently associated with an unremorseful terrorist and lied about it.
To me McCain's long ago association is no biggie. Obama's current relationships (plural) and dishonesty are a biggie.
Ah, telling the truth. Ayers is much more than a guy in his neighborhood. He was aware of Wrights preachings, Wright was his mentor. Honesty.....you know where you don't lie.
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No, but I do make it a point to know the business practices of the people I work with.
Obama also worked with Ayers - note the previously cited WSJ article.
As with so many other associations that are now proving "troublesome", Obama chooses to lie and/or stonewall.
Reverand Wright
Tony Rezko
William Ayers
The beat goes on...
He's actually just a lying, wrongheaded guy whose bad judgemnt is directly related to the huge crisis we're now facing. His experience with the failed S&L of Keating did nothing to warn him of the dangers of deregulation-instead he pushed for it at every opportunity thus creating the conditions that permitted today's vast financial crisis. Also, if he was so innocent why did he call his actions in the Keating situation the "worst mistake of my life".
"A quintet of senators, among them John McCain, began having meetings with both the management at Lincoln and the regulators at the loan board. With their help, Lincoln was able to stay in business an additional two years, at the end of which they failed--taking the life savings of 21,000, mostly elderly, investors with them.
How involved was John McCain? McCain and Keating had known each other since 1981 and had become fast friends. Of all the "Keating Five," it was McCain who really moved into the life of the Lincoln S&L chief. The two men vacationed together multiple times, with the whole McCain clan (babysitter included) heading out for Keating's private Caribbean property on Keating's private jet. McCain didn't think to actually report these trips, or pay for them, until the investigators were breathing down his neck. And McCain took payment in more than just vacations. Keating and other members of Lincoln's parent company padded McCain's pockets with $112,000 in campaign contributions.
In John McCain's biography, he called his meetings with Keating and regulators "the worst mistake of my life," though from the text you'd think this was a spur-of-the-moment decision, not something that McCain did repeatedly over a space of years."
....
"When questioned about his support of Gramm's legislation, John McCain called his friend (and by then, campaign co-chair) Gramm "one of the smartest people in the world on the economy" and pointed out that Greenspan also favored the acts Gramm and his coalition of lobbyists had authored. If both Gramm and Greenspan were on his side, McCain couldn't possibly be in the wrong.
Except, of course, that he could.
From the beginning, there were plenty of people in the financial community whose opinion of these unregulated credit swaps was not as rosy as that of Gramm, Greenspan and McCain. Chief among those speaking in opposition was SEC Chairman Arthur Levitt. Levitt argued that what the industry needed was more transparency, especially when it came to complex instruments like default swaps, and he testified to this before Gramm's Senate Banking Committee,.
In my judgment, the risk of this regulatory approach is simply unacceptable for America's investors. --Arthur Levitt, 1999 "
Obama also worked with Ayers - note the previously cited WSJ article.
"The only hard facts that have come out so far are the $200 contribution by Ayers to the Obama re-election fund, and their joint membership of the eight-person Woods Fund Board. Ayers did not respond to e-mails and telephone calls requesting clarification of the relationship. Obama spokesman Bill Burton noted in a statement that Ayers was a professor of education at the University of Illinois and a former aide to Mayor Richard M. Daley, and continued"
http://blog.washingtonpost.com/fact-checker/2008/02/obamas_weatherman_connection.html
As far as Rev. Wright:
"When Senator Obama's preacher thundered about racism and injustice Obama suffered smear-by-association. But when my late father -- Religious Right leader Francis Schaeffer -- denounced America and even called for the violent overthrow of the US government, he was invited to lunch with presidents Ford, Reagan and Bush, Sr.
Tony Rezko
<>
So saying that Ayers is much more than just some guy who live in Obama's neighborhood is bashing Obama? Interesting. A little honesty from Obama about his relationships would be refreshing.
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OOOO, he took money to fund his campaign? What an evil guy, no other politician has ever taken campaign funding from anyone before, ooooooo. And oh my gosh no, say it isn't so, McCain had a friend? Oh well, I'll change my vote right now. Cindy and her dad invested in a shopping mall, oh no, not that!!!you are just so darn CUTE with that smart alec attitude!
All of that, and McCain still wouldn't try to pull strings for Keating. McCain said he didn't want any favors for Keating, just wanted him treated fairly which is the same he would want for any constituent. He then called a press conference and stood for 90 minutes answering every question that was raised honestly. You've got to love an honest guy.
-this clearly is not a matter of guilt since neither mccain nor obama were convicted of anything. it is a matter of "association" mccains associations were white collar criminals. thats the last thing our country needs right now
Go back and read the WSJ piece - there is a lot more connection than a $200 contribution.
In 1990, after Barack Obama was elected president of the Harvard Law Review, Rezmar Corp. offered him a job, which Obama turned down. Obama did end up taking a job with law firm Davis, Miner, Barnhill & Galland, which primarily worked civil rights cases, but also represented Rezmar and helped the company get more than $43
<>
Thanks, ah shucks!
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What I find so amazing about that is that Ayers is a terrorist (yes I think once a terrorist always a terrorist) but now he's a professor so democrats think all is forgiven no matter how evil he was 30 years ago. You can forgive a terrorist but can't forgive a much less serious mistake McCain made 20 years ago. Hhhmmm.
McCain made the mistake of having a relationship 20 years ago with a guy who turned out to be a crook which McCain wasn't aware of at the time. McCain has said he made a mistake, has been honest about what happened and again did nothing wrong in the meetings Keating asked him to attend. McCain hasn't been associated with Keating in twenty years. Obama is currently associated with an unremorseful terrorist and lied about it.
To me McCain's long ago association is no biggie. Obama's current relationships (plural) and dishonesty are a biggie.
<>
Ah, telling the truth. Ayers is much more than a guy in his neighborhood. He was aware of Wrights preachings, Wright was his mentor. Honesty.....you know where you don't lie.
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