Robert Scheer: Maybe McCain, not Obam...

Robert Scheer: Maybe McCain, not Obama, is real banking reformer

There are 11 comments on the San Gabriel Valley Tribune story from Jan 10, 2010, titled Robert Scheer: Maybe McCain, not Obama, is real banking reformer. In it, San Gabriel Valley Tribune reports that:

Maybe I got it wrong. During the presidential campaign, I wrote columns blasting Sen.

Join the discussion below, or Read more at San Gabriel Valley Tribune.


West Covina, CA

#1 Jan 11, 2010
You're John McCain, a fallen hero who wanted to become president so desperately that you sold yourself to Charlie Keating, the wealthy con man who bears such an incredible resemblance to The Joker.

Obviously, Keating thought you could make it to the White House, too.
He poured $112,000 into your political campaigns. He became your friend. He threw fund raisers in your honor. He even made a sweet shopping-center investment deal for your wife, Cindy. Your father-in-law, Jim Hensley, was cut in on the deal, too.
Nothing was too good for you. Why not? Keating saw you as a prime investment that would pay off in the future.

West Covina, CA

#2 Jan 11, 2010
So he flew you and your family around the country in his private jets. Time after time, he put you up for serene, private vacations at his vast, palatial spa in the Bahamas. All of this was so grand. You were protected from what Thomas Hardy refers to as "the madding crowd." It was almost as though you were already staying at a presidential retreat.
Like the old song, that now seems "Long ago and far away."
Since Keating's collapse, you find yourself doing obscene things to save yourself from the Senate Ethics Committee's investigation. As a matter of course, you engage in backbiting behavior that will turn you into an outcast in the Senate if you do survive.
They say that if you put five lobsters into a pot and give them a chance to escape, none will be able to do so before you light the fire. Each time a lobster tries to climb over the top, his fellow lobsters will pull him back down. It is the way of lobsters and threatened United States senators.

West Covina, CA

#3 Jan 11, 2010
And, of course, that's the way it is with the Keating Five. You are all battling to save your own hides. So you, McCain, leak to reporters about who did Keating's bidding in pressuring federal regulators to change the rules for Lincoln Savings and Loan.
When the reporters fail to print your tips quickly enough--as in the case of your tip on Michigan Senator Donald Riegle--you call them back and remind them how important it is to get that information in the newspapers.
The story of "the Keating Five" has become a scandal rivaling Teapot Dome and Watergate. The outcome will be decided, not in a courtroom, but probably on national television.
Those who survive will be the sociopaths who can tell a lie with the most sincere, straight face. You are especially adept at this.
Last Friday night, on The John McLaughlin Show, which features well-known Washington journalists, the subject of the Keating Five was discussed. Panelist Jack Germond suggested that three of the Keating Five were probably already through in politics.
So you spend your days desperately trying to make sure you will be one of the survivors. You keep volunteering to go on radio and television stations to protest your innocence. Last week you made ABC's Nightline.

West Covina, CA

#4 Jan 11, 2010
Not long before that you somehow managed to get James Kilpatrick, the national columnist, to write a favorable paragraph about you. Last Sunday morning, you made it to national television again; this time on ABC's This Week With David Brinkley. You smiled at the panel with your usual studied insouciance. Sitting next to you was Senator John Glenn of Ohio.
Brinkley, Sam Donaldson, and George Will were the interrogators.
It was a sobering scene. There you sat with Glenn, both sweating before the cameras, waiting to answer questions: two badly tarnished American icons.
No one forgets that Glenn was the first American astronaut to orbit the Earth. You won't let anyone forget that you were a prisoner of war. But you have played that tune too long. By now your constant reminders about your war record make you seem like a modern version of Arthur Miller's tragic failure Willy Loman.
Clearly, both you and Glenn sold your fame for Charles Keating's money.
It was a Faustian bargain. It was also a bad joke on the rest of us and a disaster for many old people who lost their life's savings to Keating.
The money was never really Keating's to give. But he never would have got his hands on it if you and the rest of the Keating Five didn't halt the government takeover for two long years while Keating's people continued their looting.
And now, the tab for the Savings and Loan heist must be paid from taxpayer pockets.
On Sunday, Senators Dennis DeConcini, Alan Cranston, and Riegle refused offers to appear on the Brinkley show. What must we make of that?
You, the closest of them to Keating and the deepest in his debt, have chosen the path of the hard sell. You may even make it out of the pot, but to many, your protestations of innocence taste like gall.

West Covina, CA

#5 Jan 11, 2010
You are determined to bluff your way. You will stick to your story that you were acting to help a constituent and intended to do nothing improper. The very fact you attended the meeting makes you guilty, just as every man who entered the Brinks vault went to prison.
You insist that an accounting firm Keating hired told you Lincoln was sound. Alan Greenspan, who Keating also hired, wrote a report saying it was sound. Why shouldn't you believe the people Keating hired? You were, after all, fellow employees.
Perhaps you might silence your own conscience about all this someday.
Just keep telling everyone that it was your wife's money invested in that shopping center with Keating and that you knew nothing about it.
Keep saying that cynical newspaper people don't understand that every move you make has always been for the enrichment of Arizona ... the education of our Native Americans on the reservations ... for the love of the elderly in Sun City and Green Valley.
Keep telling them that it wasn't that you were bought off but that Charlie Keating got special help only because he was one of the biggest employers in the state.
Just keep sitting there and staring into the camera and denying that Keating bought you for money and jet plane trips and vacations.
So what if he gave you $112,000? Just keep smiling at the cameras and saying you did nothing wrong.
Maybe the voters will understand you took those tiring trips to Charlie's place in the Bahamas in their behalf. Certainly, they can understand you wanted to take your family along. A senator deserves to travel on private jets, removed from the awful crush of public transportation.
You sought out a master criminal like Keating and became his friend. Now you've discarded him. It shouldn't be surprising that you are now in the process of selling out your senatorial accomplices.

You're John McCain, clearly the guiltiest, most culpable and reprehensible of the Keating Five. But you know the power of television and you realize this is the only way you can possibly save your political career.

West Covina, CA

#6 Jan 11, 2010
The U.S. has had Presidential candidates and Presidents who were known criminals, prevaricators and very immoral, promiscuous men who harmed national security. John McCain is no exception. However, does the public and do Republican delegates and leaders really want to pay the same costs in the future of America for McCain that they paid in the past for nominating and helping elect illicit Presidents?

This article contains a description of many of the known crimes, moral transgressions and allegations of nuclear treason by John McCain. Some of these crimes may have been felonies and if so, would have also made McCain ineligible to be President should he have been prosecuted (as he should have been) and convicted.

The information about McCain in this article has been made available to Duncan Hunter, former Chairman of the House Armed Services Committee, via the appropriate members of his Congressional staff and his national campaign director, all of who know me. Since withdrawing as a Republican Presidential nominee candidate on January 23, 2008, Duncan Hunter has campaigned for Presidential nominee candidate Mike Huckabee and has had, and continues to have, an opportunity to communicate this information about McCain to his fellow Baptist, Mike Huckabee.

Duncan Hunter, as a Republican leader and a Christian, has a moral obligation, responsibility and civic duty, and as an act of conscience to ask Mike Huckabee to publicly ask his delegates not to vote to nominate McCain and to publicly tell them why. Regardless of what Huckabee may or may not do, Duncan Hunter’s conscience as a Christian should also tell him that he also has a moral responsibility before God to tell the public and the Republican party (and his one delegate) not to vote for McCain for the nomination and Presidency and WHY.

West Covina, CA

#7 Jan 11, 2010
The Republican delegates and Party must be told by Huckabee and/or Hunter what they know about McCain and why Republicans need to nominate someone else besides McCain as the Republican Presidential candidate. God WILL HOLD THEM RESPONSIBLE AND IN JUDGMENT if they do not tell the public and the delegates this in an effort to save America, lives and souls. They are modern day Christian Jonahs that God has given the opportunity to tell America the truth. They really do not want to be figuratively “swallowed by a whale” or no longer be used by God for not more directly and firmly warning America and the Republicans about what they know about John McCain.

If Hunter and/or Huckabee are not willing as Christian, Baptist leaders to take the risk of paying a political price for telling the truth about McCain and standing for Godly Christian values and principles when they know to do so, they risk losing their souls, having their consciences seared, and having the “Son of man being ashamed of them” when he returns. See Mark 8:34-38. If Hunter and Huckabee do not act NOW decisively against McCain, they also risk losing the respect of their fellow countrymen and Christians for not standing in the breech when it was needed most.

The article, "Influence peddling claims dog McCain, describes McCain’s criminal corruption while on the Senate Commerce Committee for which McCain should have been removed from office and prosecuted. During the time this was going on, McCain was receiving large contributions to his Reform Institute from socialists George Soros and Teresa Kerry:

“In 1999, McCain refused to recuse himself when the Commerce Committee gave legislative oversight approval for mergers then before the Federal Communications Commission involving two communications companies that were Davis, Manafort & Freeman lobbying clients – COMSTAT Corp., a government-owned satellite company, and SBC communications, a Baby Bell phone company.

West Covina, CA

#8 Jan 11, 2010
“But in between the two separate $100,000 contributions Cablevision made to the Reform Institute, McCain, then chairman of the Senate Commerce Committee, wrote a letter to the Federal Communications Commission supporting Cablevision's desire to continue packaging customer TV programming in a manner more profitable to Cablevision."

“In 2005, after the Associated Press exposed McCain's apparent conflict of interest in the Cablevision case, McCain resigned as Reform Institute chair.“

But another offense for which McCain should be in prison is the fact McCain helped criminally loot the S&Ls of 100’s of billions of dollars for himself and 4 other U.S. Senators (Charles Keating 5) as well as his buddy, former US Senator Jake Garn, who knowingly legalized the looting with the Garn-St.Germain law. McCain should be in prison today for this and the public should be reminded of it. McCain in effect has solicited bribes to wield his influence in these scandals.

Former CIA officer Phillip Giraldi has linked John McCain with corrupt senior U.S. officials who criminally helped proliferate U.S. nuclear technology to Islamic nations according to this February 4, 2008 article,"Why Sibel Edmonds Must be heard:"

“Many of the officials involved are apparently the same neoconservatives who cooked the books to enable the rush to war against Iraq and who are continuing to urge more wars in the Middle East, most notably against Iran and Syria. Several of them are close allies of leading Republican presidential candidate JOHN MCCAIN.”

On February 18, 2008, The Dallas Morning News publicly called for a formal and full blown investigation of the matter:

"…Congress and the Justice Department should have no higher priority. Nothing deserves more attention than the possibility of ongoing national- security failures and the proliferation of nuclear weapons with the connivance of corrupt senior government officials.”

The above story constitutes another serious corruption and criminality allegation, this time an allegation of treason, involving McCain and affecting national security that deserves a full investigation BEFORE McCain is nominated or is elected.

West Covina, CA

#9 Jan 11, 2010
McCain and former Senator Jake Garn also directly conspired against American MIA/POWs (in North Korean, China, Russia, Laos, North Vietnam) and their families from 1988 to 1992. McCain intentionally used his position as a Senator on the Senate Armed Services Committee to stymie investigations and to block information going to the public about known POWs that were intentionally but falsely listed as MIAs to hide what was known about them and to avoid accountability for not trying to recover them.

I have first hand witnesses who know of McCain (via WSJ author and world renowned POW/MIA expert Bill Paul) conspiring with Senator Garn to conceal information about known POWs while McCain was at DIA, then in the House and then as Senator on the Senate Armed Services Committee (while still covering up for DIA as a Senator according to Bill Paul), and the Senate Subcommittee POW Hearings by Kerry and McCain in 1992. During testimony before the Kerry subcommittee about American POWs left behind in North Korea, McCain walked out of the hearings but not before demeaning, castigating the expert witnesses.

NSA officers responsible for handling intercepted and other intelligence traffic in SE Asia (Laos, North Vietnam, Cambodia, etc) during the time of McCain's captivity are in the process of preparing to reveal what they know of McCain’s confessions and his radio broadcasts from North Viet Nam condemning the US and his collaborating with the North Vietnamese and Cubans to the detriment of fellow POW members. Another intelligence officer, Jack McLamb, has recently already made similar assertions known publicly. You can now read a declassified transcript of McCain’s Confession Speech to the North Vietnamese Broadcast by Radio & Praising them for His Treatment.

A former NSA officer says "he does not know of ANY people in US intelligence that he knows (he knows many) that do not believe McCain collaborated with the North Vietnamese and was not a TRAITOR to the U.S." This is a quote that I was asked to write down....

West Covina, CA

#10 Jan 11, 2010

It's apparently considered impolite during the presidential campaign to talk about parts of John McCain's political career that he doesn't like, but given recent events, McCain's role in the Keating Five scandal, by any reasonable measure, does have a renewed salience right now.
Major bank failures? Financial fraud and greed? Political ineptitude? We're seeing these factors play out now in the financial industry, but we saw the same thing 20 years ago, in the biggest scandal of McCain's career. Time's Joe Klein has the audacity to bring up McCain's record during the presidential campaign.
[T]he mortgage crisis was a perfect metaphor for Republican financial governance: Investment banks like Lehman -- R.I.P.-- took loans to invest money in ... bad loans. In this case, the loans were bad mortgages. This is called throwing good money after bad.
Actually, John McCain has excellent experience -- a ringside seat -- in the vagaries of this experiment in greed and anarchy. He was a member of the Keating Five. This was the signature scandal of the Savings and Loan crisis, twenty years ago. It concerned the insider help that five Senators gave Charles Keating and his Lincoln Savings and Loan, in return for contributions and gifts. The deregulation of S&Ls -- community banks dedicated to local mortgages (like George Bailey's bank in "It's A Wonderful Life")-- enabled slick operators like Keating to make reckless loans in new areas where they had no expertise. The final tab to the taxpayers was $165 billion.
McCain wasn't the worst offender in the scandal. He was included in the Five to make it bipartisan (the other four were Democrats). But he knew Keating, partied with him, made inquiries on his behalf. He once told me that his role in the scandal was harder on him, in some ways, than being a prisoner of war "Because my honor was called into question."
After an experience like that, you might think Senator Honorable would have devoted himself to preventing other such crises -- to making sure the Big Wall Street Casino was operating according to rules that wouldn't screw the small investors and, more to the point, the taxpayers. But he walked the anti-regulatory party line... McCain, after his political near-death experience, could have made the responsible regulation of markets one of his great causes. He didn't. And today he said, once again, "The fundamentals of our economy are strong." I hope he's right, but it's entirely possible that he knows as much about our economy as Sarah Palin knows about The Bush Doctrine.
Now that Klein has broached the subject, and explained its relevance to current events, maybe some other news outlets might want to consider taking another look at the biggest scandal of McCain's career, which heretofore has been a verboten subject in the campaign.
If anyone needs a refresher, the Boston Globe ran a great piece on the controversy back in February.

Bradenton, FL

#11 Jan 11, 2010
shooter wrote:
You're John McCain, a fallen hero who wanted to become president so desperately that you sold yourself to Charlie Keating, the wealthy con man who bears such an incredible resemblance to The Joker.
Obviously, Keating thought you could make it to the White House, too.
He poured $112,000 into your political campaigns. He became your friend. He threw fund raisers in your honor. He even made a sweet shopping-center investment deal for your wife, Cindy. Your father-in-law, Jim Hensley, was cut in on the deal, too.
Nothing was too good for you. Why not? Keating saw you as a prime investment that would pay off in the future.
so, what's the difference here between Mccain and prez. light skin.....just different names and different amounts of money.

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Maria Cantwell Discussions

Title Updated Last By Comments
News Water, historic sites are subjects of Washingto... Jul '16 Go Blue Forever 1
News Sen. Schumer helps fight city's homeless problem Apr '16 Chucks False Charity 1
News Senate passes energy bill with overwhelming bip... Apr '16 Go Blue Forever 1
News Hillary campaigns in Everett: Presidential cand... Mar '16 NAFTAclinton 1
News Forest Service likely to get more money to figh... (Dec '15) Jan '16 billiesamolesrer 3
News Congress Lifted the Crude Oil Export Ban, Which... (Dec '15) Dec '15 Ritual Habitual 1
News What Washington state's wildfires tell us about... (Sep '15) Sep '15 Sterkfontein Swar... 6
More from around the web