Monday, October 06, 2008


Following this post, is a new post about character assassination in the workplace. At the start of that post, I mention how John McCain is using a character assassination strategy against Barack Obama that McCain will rely on through election day. Listening to McCain supporters blowing things out of proportion and misrepresenting facts gave me a feeling of déjà vu. I’ve been the victim of character assassination in the workplace. And, like McCain, my employer had their own Keating 5 in their dirty laundry.

Before you read the new post, I wanted you to get a load of how John McCain has his own RELEVANT dirty laundry, yet decided to hype up charges against Obama. This is the Keating 5 Scandal that is directly relevant to the financial crisis we’re facing today. So, please read this post first. If you have a blog, update your readers with this information. Here it goes:


During the savings and loan crisis of the late '80s and early '90s, John McCain's political favors and aggressive support for deregulation put him at the center of the fall of Lincoln Savings and Loan, one of the largest in the country. More than 23,000 investors lost their savings. Overall, the savings and loan crisis required the federal government to bail out the savings of hundreds of thousands of families and ultimately cost American taxpayers $124 billion.

Sound familiar?

In that crisis, John McCain and his political patron, Charles Keating, played central roles that ultimately landed Keating in jail for fraud and McCain in front of the Senate Ethics Committee. The McCain campaign has tried to avoid talking about the scandal, but with so many parallels to the current crisis, McCain's Keating history is relevant and voters deserve to know the facts -- and see for themselves the pattern of poor judgment by John McCain.

At noon Eastern on Monday, October 6th, the Obama campaign is releasing a 13-minute documentary about the scandal called "Keating Economics: John McCain and the Making of a Financial Crisis" -- it will be available at, along with background information that every voter should know. Here’s the link to a video on the Keating 5 scandal:

New post below.


Blogger Hawa Bond said...

I haven't stopped by in a while. I'm glad I did today.

I love the way you draw parallels between what is occurring in this election and what can happen/has happened to Blacks in the workplace. Face it, President of the US is a job... a huge job... the biggest job... and not immune to the stuff we face in our workplaces.

Great blog!

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Please give to classroom projects in high poverty public schools via DonorsChoose 2008: Friends of Fackin Truth Blog (Participating via the AfroSpear with Black Bloggers for Education).

7:43 AM  

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