Did McCain's Keating Five Corruption And Savings And Loan Bailout Lead Directly To His Involvement In The Current Wall Street Meltdown?

With McCain's voting record and his relentless activities on behalf of ideology-driven deregulation, as chairman of the Senate Commerce Committee, coming into focus because of the Wall Street meltdown and his confused and confusing answers about his culpability, it is probably a good time to go back into McCain's sordid history of corruption and pull back the carefully tacked up curtains of the Keating Five Scandal.

As we mentioned yesterday, the only lessons McCain seems to have learned from a near-death experience with that first scandal, was covering his tracks more carefully and using a media hype machine to paint himself as a "reformer" instead of as the crooked operator he's always been.
He might be able to hide his severe illness-- illness that is likely to make an unprepared and supremely unqualified lunatic fringe kook from Alaska president if McCain wins in November-- under thousands and thousands of dollars in makeup sessions, but he can't hide his voting record and he can't hide the record of lobbyist payments his crooked campaign manager, Rick Davis, has sucked up from every bad actor in the Wall Street meltdown.

Back to the Keating Five Scandal that McCain learned so little from. He was the only real crook in the whole scandal and although the Senate Ethics Committee let him off with an "admonition," the federal regulators, have testified that McCain was the worst crook of the whole lot and the only senator whose actions should have landed him in prison. Had McCain been tried, convicted and imprisoned back then, there's a good chance that admirers and followers of his, like Bob Ney, Duke Cunningham, Tom DeLay, Rick Renzi, John Doolittle, Virgil Goode, and dozens of other crooked Republicans might now have gone down that same road. Please take a look at the video that exposes McCain's involvement: