Keating Economics

Here it is. The new Obama campaign video about McCain and the Keating Five, and their part in the scandal that led to the collapse of 1,000 banks - and inexorably to the present day meltdown. You can view and download it from Keating Economics.

Servers are jammed now, even YouTube. Alternate site. BitTorrent.

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Obama puts on the brass knuckles. McCain and the Keating Five bank scandal



Keating Economics
: John McCain and the makings of a financial scandal goes live Monday Noon EDT with a 13 minute video about John McCain role’s in the Keating Five bank scandal. (This video is a 35 second teaser.)

AmericaBlog

Remember, the Keating Five isn’t just another scandal, it’s a financial scandal in which John McCain and 4 other Senators did favors for big banker friends who then brought down 1,000 US banks. Sound familiar? And McCain did this at the age of 54. He was no spring chicken. By the age of 54, your ethics are pretty well established.

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Mr. Grumpy bangs rattle on high chair

McCain says Obama’s lead is growing because “life isn’t fair

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On McCain suspending his campaign

Pelosi: “We have to be able to do a couple of things at once. That’s what leadership requires.”

Barney Frank: “It’s the longest Hail Mary pass in the history of either football or Marys.”

Sen. Schumer: “Just weird…”

Harry Reid: Stay away. “We need leadership; not a campaign photo op.”

David Letterman: “You don’t suspend your campaign. This doesn’t smell right. This isn’t the way a tested hero behaves. I think someone’s putting something in his Metamucil.”

The McCain campaign is also using this as an excuse to cancel the vice presidential debates. That Palin isn’t ready for prime time has become apparent to all. She still hasn’t had a real press conference, they tossed out the press yesterday at one event, and a new NBC/WSJ poll says 49% think she’s unqualified to be president.

The McCain campaign may end up being the most inept ever, even worse than John Kerry’s. We could be witnessing the self-destruction of a presidential campaign.

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Headline of the Day: The pain in Spain falls mainly on McCain

A reporter asked McCain whether, if elected, he would receive [Prime Minister of Spain] Zapatero in the White House. McCain answered, “Honestly, I have to analyze our relationships, situations, and priorities, but I can assure you that I will establish closer relationships with our friends, and I will stand up to those who want to harm the United States.”

There’s been much conjecture as to how McCain could have been so braindead. Did he confuse Zapatero with Hugo Chavez or have a “senior moment”? Perhaps he thought the reporter said “Zapatistas” not “Zapatero”?

Not even Dick Cheney at his most bellicose and paranoid has ever ranted that Spain wants to harm the US, so it’s unclear what alternate universe McCain was operating out of.

Happily, the most recent polls show that Obama holds a widening national lead and that the Palin bounce is turning into a crater.

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Romney calls out McCain. “False accusation was wrong & reprehensible”

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Spread the meme. Republicans are the party that wrecked America

Jim Kunstler on the current financial crisis

So, to begin this process, and to clarify the situation, I urge readers of this blog to identify the Republican Party by its new brand-name: the party that wrecked America. At least, then, we can reinstate one cardinal value into the juddering structure of what we claim to believe: that actions have consequences, that you can’t just swindle and loot a society and walk away with the swag.

PS

The man most responsible for the financial services and banking deregulation that made today possible, fmr. Sen. Phil Gramm, is the man John McCain wants to put in charge of the whole economy.

It’s time to end the looting of this country by a tiny fanatical elite who use their extremist political philosophy to justify greed and plundering. Look, lots of them belong in prison. Once we get Obama, a centrist adult, in the White House then perhaps we can start to clean up the mess these thieves have left us. But none of that will happen with McCain in the White House as the thievery will simply continue.

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Netroots ignore Obama, foam at mouth about McCain and Palin

Why are netroots ignoring Obama and foaming at the mouth about Palin and McCain?

That’s what a reader on Andrew Sullivan asks, and he has a point. The Liberal blogosphere is currently so utterly preoccupied with attacking McCain and especially Palin that they are barely covering Obama at all.

While the reader thinks this could be a devious ploy by Rove to neutralize the netroots, I’m thinking the liberal blogosphere needed little encouragement to go off on such extended rants. They should get back and focus on what’s important, which is helping Obama win, not constantly giving press and focus to McCain and Palin.

However, this could just be a tempest in a teapot as the general public may not even be following it. But it’s still counter-productive.

And Obama, god bless him, he gets it. As does his team. while everyone whines he keeps at it every day with much much class and like a laser focused on the issues. The problem is not Obama, is that no one wants to follow his lead. Instead they are following McCain-Rove and they don’t even know it.

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McCain getting stomped on homes issue

It now appears McCain has twelve homes. Count ‘em, twelve.

From USA Today
:

McCain, who has portrayed Obama as an elitist, is the son and grandson of admirals. The Associated Press estimates his wife, a beer heiress, is worth $100 million. Obama was raised by a single mother who relied at times on food stamps, and went to top schools on scholarships and loans.

Time: “The McCain campaign’s constant invocation of the candidate’s POW past is weird bordering on irrational” and yes, his spokesperson tried to invoke McCain being a POW to deflect criticism for not knowing how many homes he owns.

I read somewhere (can’t find the link now) that Obama has deliberately delayed announcing his VP selection because he doesn’t want distract from the media frenzy over McCain’s homes.

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John McCain: “I am learning to get online myself, and I will have that down fairly soon, getting on myself”

John McCain is telling us that he is learning about the internets. He watches Drudge. So, my parents are the same age as McCain, but they didn’t seem to have the same steep learning curve when it came getting online. This guy wants to run America and he’s stumped by his computer.

In the mid-90’s my father, who was then 75, bought his first PC, sat down, figured out how it works. He was older than McCain when he did so. That McCain seems baffled by going online shows how doddering and out of touch he is.

Hey John, asks your grandkids what to do, chances are they’ve been online since they could tie their shoes. And might actually have a clue. Because you sure don’t.

Pathetic.

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McCain kicks it Old School

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Issues, anyone?

I don’t care about Rev. Wright, or what McCain did or didn’t say, or snooping into Obama’s passport record, or Hillary’s White House schedule when Bill was prez, or any of the other banal trivialities being passed off as news..

All of it is almost totally irrelevant. The presidential campaign is already disintegrating into a swamp of attacks, innuendo, and we still have seven more months to go. Imagine the crazed levels of hysterical attacks we’ll be hearing come October. Might be a good time to leave the country or unplug from the Net.

The economy has huge problems, the country is fighting and losing two wars, millions may get foreclosed - and none of the candidates are addressing any of this in a serious way. We need to know from all of them what their plans of action are, not sound bites or feel-good phrases, but real, workable solutions.

But we probably won’t get that. Attack ads and sliming are so much easier to do.

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You thought Bush was a warmonger?

McCain more hawkish on foreign policy than Bush, comments show

John McCain is at least as determined as George W. Bush to stay the course in Iraq and more confrontational than the president on foreign policy issues ranging from Russia and China to North Korea.

This from the crazed lefties at Bloomberg News.

All war all the time is NOT what the country needs four more years of.

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McCain’s temper

He lost his temper publicly yesterday, and since he’s reputed to have a nasty, vicious temper, I’m guessing that skilled teams of the Democratic opposition research are happily digging into his past to determine what is the best way to make him explode in a screaming rage as the video cameras are running and the whole world is watching.

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Why Huckabee as VP would sink McCain

There are 12 years of wacko sermons by Huckabee somewhere, which could well leak, and most ordinary Americans will be completely turned off by the weird assertions in them.

Democratic oppo research already probably has all of them, researched and cross-indexed, ready to go.

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McCain and Huckabee tonight

Most the states McCain has been winning are states that go Democratic in the general election.  So, McCain is actually even weaker than his anemic numbers show. Couple that with Huckabee’s unexpected strength and the Republican race seems to be still in flux.

Could someone explain why the hard right and libertarians loathe McCain? I genuinely don’t understand this.

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Immigration issue killed Romney in Florida

McCain favors immigration reform, Romney doesn’t. Republican Hispanics in Florida went for McCain by a huge margin.

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