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UH OH! John McCain just got really, really nervous as the RTA is being talked about!
The RTA is the Resolution Trust Association and it was the invention of those that were trying to find a way salvage the economy after the Savings and Loan crisis of the 1980's.
Does anybody remember who was at the center of the Savings and Loan Scandal? Why it was Charles Keating of course. Charles Keating of "Keating Five" infamy. And does anybody remember who Chuck's bestest buddy was? Why it was none other than... wait for it...... wait for it.... JOHN SIDNEY MCCAIN the THIRD.
You know that really creepy, nervous smile John flashes after one of those lame jokes he tells. Well it is about to start looking a whole lot more creepy and a whole lot more nervous as the ghosts of the Keating Five scandal return to haunt the "Land of November Elections."
Does anybody remember who was at the center of the Savings and Loan Scandal? Why it was Charles Keating of course. Charles Keating of "Keating Five" infamy. And does anybody remember who Chuck's bestest buddy was? Why it was none other than... wait for it...... wait for it.... JOHN SIDNEY MCCAIN the THIRD.
You know that really creepy, nervous smile John flashes after one of those lame jokes he tells. Well it is about to start looking a whole lot more creepy and a whole lot more nervous as the ghosts of the Keating Five scandal return to haunt the "Land of November Elections."
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Can some one say it already....SAY IT on CNN. KEATING 5 and JOHN MCCAIN.
September 18, 2008 11:17 PM | Reply | Permalink
John "Keating Five" McSame.
September 19, 2008 11:52 AM | Reply | Permalink
It is RTC (Resolution Trust Corporation).
September 19, 2008 12:03 PM | Reply | Permalink
Yep I got it WRONG Sorry.
September 19, 2008 3:15 PM | Reply | Permalink
Let's not get too worked up over this, OK? John McCain was Keating One. The other Four were Democrats.
September 19, 2008 1:47 PM | Reply | Permalink
Remind me again, which one of those Democrats is running for President?
And Cindy McCain was a big investor in one of Charles Keating's shopping malls. Better yet, they were regular guests on Keating's private plane, including trips to his posh Bahamas spread.
But remember, Obama's the elitist.
September 19, 2008 3:36 PM | Reply | Permalink
Four Democrats who nobody has heard from in many, many years.
September 19, 2008 5:25 PM | Reply | Permalink
"Who's Whining Now? Gramm Slammed By Economists"
http://abcnews.go.com/Politics/story?id=5835269&page=1
It was McLiar and Gramm and they should be held accountable and not elected for anything.
If McLiar had any honor, he would resign in disgrace.
Country first?
Pathetic.
September 19, 2008 1:52 PM | Reply | Permalink
I set up a Google news alert for news about the Keating 5 in early July. To date there have been 38 hits but most are from relatively obscure blogs, comments in the online versions of small town newspapers and letters to the editor.
Perhaps McCain's 'base' has decided that this is old news, accepts his excuse that he didn't know the rules and his support for campaign finance reform as some sort of redemption.
But although the current crisis dwarfs the current crisis, the $160 Billion price tag for the S&L scandal is a nice chunk of change. It could even pay for 8 months of the Iraq war that McCain so desperately wants to prolong.
September 19, 2008 5:16 PM | Reply | Permalink