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KeatingEconomics.com McCain VIDEO!

Posted on October 6th, 2008 in Keating 5, John McCain, Barack Obama by lalate

McCain KeatingEconomics.com

VIDEO! Watch Obama’s McCain KeatingEconomics.com video.!

Barack Obama camp’s 13 minute documentary video on John McCain for keatingeconomics.com seeks to link McCain to the Keating 5 Scandal. The keating economics attack is part of an Obama camp multi-media attack launching Monday over McCain and the “Keating 5″ savings-and-loan scandal of the the late 1980s.

The 13 minute video comes live in just a few hours, 9 AM PST, but LALATE has the preview video for you.

Overnight emailers are also going out pointing people to visit the website today. William Black, a deputy director of the Federal Savings and Loan Insurance Corporation during the Keating5, has said:

“In the S&L crisis, he took his advice from the worst [kind of] criminal. Charles Keating is the person he went to for his policy advice. Now, he certainly is getting advice from Phil Gramm, Carly Fiorina, Rick Davis — the whole group of economic and top political advisers are lobbyist types. He just doesn’t seem to get it, ever, that the advice is going to favor their clients. Even if they just stop being lobbyists, you can’t just turn that off instantly. It’s their mind state that develops. … The biggest lesson is that, when you deregulate and de-supervise, you create an environment where control fraud emerges. You hyper-inflate bubbles; you get criminalization.”

LALATE2 now has up the video. Click here to watch it.






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