Is John McCain a Crook?

Discussion in 'Politics' started by JustChristian, Oct 6, 2008.

  1. JustChristian

    JustChristian
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    Is John McCain a Crook?
    Chris Suellentrop
    Posted Friday, Feb. 18, 2000, at 2:35 PM ET

    http://www.slate.com/id/1004633/


    The controversial George W. Bush-sponsored poll in South Carolina mentioned John McCain's role in the so-called Keating Five scandal, and McCain says his involvement in the scandal "will probably be on my tombstone." What exactly did McCain do?

    In early 1987, at the beginning of his first Senate term, McCain attended two meetings with federal banking regulators to discuss an investigation into Lincoln Savings and Loan, an Irvine, Calif., thrift owned by Arizona developer Charles Keating. Federal auditors were investigating Keating's banking practices, and Keating, fearful that the government would seize his S&L, sought intervention from a number of U.S. senators.
    ________________________________________________________________________________
    At Keating's behest, four senators--McCain and Democrats Dennis DeConcini of Arizona, Alan Cranston of California, and John Glenn of Ohio--met with Ed Gray, chairman of the Federal Home Loan Bank Board, on April 2. Those four senators and Sen. Don Riegle, D-Mich., attended a second meeting at Keating's behest on April 9 with bank regulators in San Francisco.

    Regulators did not seize Lincoln Savings and Loan until two years later. The Lincoln bailout cost taxpayers $2.6 billion, making it the biggest of the S&L scandals. In addition, 17,000 Lincoln investors lost $190 million.

    In November 1990, the Senate Ethics Committee launched an investigation into the meetings between the senators and the regulators. McCain, Cranston, DeConcini, Glenn, and Riegle became known as the Keating Five.

    (Keating himself was convicted in January 1993 of 73 counts of wire and bankruptcy fraud and served more than four years in prison before his conviction was overturned. Last year, he pleaded guilty to four counts of fraud and was sentenced to time served.)

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    Notice that in this case, unlike the case thrown around by McCain/Palin, McCain's associate actually was convicted of a crime and served time in prison.
     
  2. Bro. Curtis

    Bro. Curtis
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    Apparently not.......

    The cloud of scandal did not lift until Nov. 20, 1991, when he was exonerated by the Senate Ethics Committee after an investigation that included weeks of televised hearings. The committee found that Mr. McCain had ''exercised poor judgment'' in attending, with four other senators, two meetings with federal banking regulators, but it found no improper action on his part.

    http://query.nytimes.com/gst/fullpage.html?res=9F05E7D9123CF932A15752C1A96F958260

    Any of those senators a part of McCain's campaign ? Nope.
    Any of those senators give money to McCain's campaign ? Doubt it.
    Any of those senators write books that McCain reads to his kids ? Nope.



    Now, is Harold Raines a crook ? How about James A. Johnson ? Are you deflecting ? Will you answer ? Does this compare ?
     
  3. KenH

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    No, I don't think that John McCain is a crook. Bad for America as a potential president? Yes. But not a crook.
     
  4. Bro. Curtis

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    Awright, Ken. :applause:
     
  5. LeBuick

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    Well, he is a politician so crook??? Let me think.
     
  6. Analgesic

    Analgesic
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    And of course "poor judgment" is entirely irrelevant for a presidential candidate...

    I'm just saying.
     
  7. carpro

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    Indications are that Obama's association with "crooks" is far more extensive than McCain's.
     
  8. LeBuick

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    So you're saying we should vote the guy with the fwest crooked friends?
     
  9. carpro

    carpro
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    I said:

    Nothing more. Nothing less.
     
  10. Bro. Curtis

    Bro. Curtis
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    I never said anything like that. I have in fact, started threads displaying McCain's poor judgment.
     
  11. JustChristian

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    As far as I can tell, these senators had nothing in common other than their association with keating so no on all counts. Once again, you're jumping to judgment about people who haven't been charged with anything let alone convicted. That's not the way we do things in America.
     
  12. Bro. Curtis

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    Ummm,, what senators ? Did you answer my challenges ? I can't tell.

    And would your statement make mincemeat out of your O/P ?
     

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