Fri 19 Sep, 2008
James Moore published an article on the Huffington Post, ripping John McCain for this stock market thingy. I personally don’t understand what the big deal is. If Bill O’ Reilly, Sean Hannity, and Rush Limbaugh say the economy is fine then it’s fine. Those guys have never lied before and I’m sure they wouldn’t start now. In the article Moore speaks thing about some scandal John McCain was in during the late 80′s. I don’t remember it so I think he’s lying.
The S and L scandal, which may look precious when compared to our present cascade of problems, isn’t hard to understand, either. But it is impossible to take John McCain seriously on our current financial Armageddon since he was dabbling in the historic collapse of 747 S&Ls that occurred during Ronald Reagan’s era. In the early 80s under the Republican president, congress deregulated the savings and loan industry in much the same way that Gramm made sure there were no laws hindering our current financial malefactors on Wall Street. S&Ls simply lobbied until they had less regulation and then began making rampant, unsound investments.
McCain and four other US senators (known to history as the Keating Five) met with Edwin Gray, then chairman of the FHLBB. McCain had been hesitant to attend but had reportedly been called a “wimp” behind his back by Keating. The message to the FHLBB and Gray from the Keating Five was to lay off Lincoln and cool the investigation. Gray and the FHLBB did not relent but Lincoln stayed in business until 1989 when it collapsed with the rest of the S&L industry. The life savings of more than 20,000 elderly investors disappeared with the failure of Lincoln. Keating went to prison for five years.
Wait a minute there buddy, did you just say that John McCain was called a “wimp”? You’re talking about the POW John McCain? The guy who got his ass kicked for five years because he was an American? The man who wouldn’t leave earlier because the people who were captured before him weren’t allowed to leave? They called that guy a “wimp”?
See that’s how I know you’re lying in this article. Anyone with half a brain knows that McCain did this on purpose. Why? Because murder would be too quick (and it is still illegal….unless you are the state of Texas) McCain wanted them to be ridiculed in the public for calling him a wimp and messing up the economy was the only way for him to do this.
What about the American people you ask? Collateral damage.
Nobody is safe when John McCain is called a wimp. Even God. He can turn Lot’s wife into salt for watching fire rain down from the sky but He can’t give someone a mere cold for calling John McCain a wimp?
Where were you at this time Big Man? You only get this pass once. Don’t don’t f*ck up again.
Tags: Democrats, Fox News, Huffington Post, John McCain, Main Stream Media, Republicans, Stock Market, WashingtonComments (0)







