Why is the Keating Five scandal never, ever mentioned by anybody?

Are we saving it for later? Or is it not that damaging to McCain after all? I have to admit, I don't understand all the ins and outs of the thing. But after all the Rezko-Ayers smears of Obama, I was sure someone would at least mention this.

4 Democrats involved with that scandal I thought? NO?

Ready to be dropped at any moment.

found to have acted improperly. Keating could easily cut both ways.

from yesterday:

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=132x7095433

http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=103&topic_id=385047&mesg_id=385047

You know, that little thing called the Garn/St. Germain Bill? When Saint Ronnie signed it, he said something like "All in all, I think we've hit the jackpot."

For those not familiar, this bill lifted FDR-era restrictions on thrifts, more or less allowing Wall Street speculators to use S & L's as their own personal mints and swindled billions in retiree dollars.

They took these billions and placed them in the riskiest investments possible - to the taxpayers.

Certain congressmen and senators (one of whom is running for president, and it's not the one who was a community organizer when this all happened) were paid with this thrift cash to back off looking into it. The resulting bailout totalled something like 1.2 trillion when all was said and investigated. Chuck Keating was jailed and the senators/congress (AGAIN, one of the current presidential candidates) were let off with a slap on the wrist.

The relaxing of these regulations, along with the financial piracy of dickheads like Mike Milken and Ivan Boesky, ushered in the era of rampant white collar crime the Reagan years were known for, and we'll be paying for that shit for the rest of our lives, all thanks to Teflon Ron and his allowance for unbridled capitalism.

This looting and it's onus on the American taxpayer set the precedent for the criminality we see today, and it's flawless: High yield to the rich, NO risk to the rich, BILL goes to the taxpayers.

Astounding.

And a guy who was in the thick of this says he's not going to put America in the same position again?

Isn't that what domestic abusers tell their victims?

When congresscritters from both parties are involved, scandals get swept under the rug more quickly. Neither party is interested in stirring up shit which can splash on them, too.

Unwritten Senate etiquette rules? A surrogate has to do the job... Hard to do with Both Biden & O being sitting Senators..

I could be wrong.