Posted by
sherlou on Thursday, February 07, 2008 12:07:39 PM
MCCAIN AND THE SAVINGS AND LOAN COLLAPSE
John McCain and four Democrates (does this partnership sound familiar) accepted political contributions from risky Savings and Loans investors. The "Keating Five" as the senators were called discouraged Congressional investigation into signs of trouble.
The Savings and Loans went bust
My mom and other elderly people lost their entire retirement fund.
People went to jail.
John McCain got away with a slap on the wrist.
He has done this sort of thing all his life.
Do we want an "economic loser" as the President when we still have a Candidate that is known for fixing economic messes and teaching people and organizations how to grow their resourses?
In the future, during the McCain or Hillary, or Oboma recession/depression, we will look back, hit our forehead and say."Hey, I could have had a Mitt Romney!"