View Poll Results: Rock the Vote 2008
- Voters
- 257. You may not vote on this poll
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Obama
150 58.37% -
McCain
94 36.58% -
Undecided still
13 5.06%
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This is the guy you want to lead us in the current economic meltdown caused by Bush and his Wall Street Republican buddies:
The current economic crisis demands that we understand John McCain's attitudes about economic oversight and corporate influence in federal regulation. Nothing illustrates the danger of his approach more clearly than his central role in the savings and loan scandal of the late '80s and early '90s.
John McCain was accused of improperly aiding his political patron, Charles Keating, chairman of the Lincoln Savings and Loan Association. The bipartisan Senate Ethics Committee launched investigations and formally reprimanded Senator McCain for his role in the scandal. Today, John McCain is the only major party presidential nominee in US history to have been rebuked, censured or otherwise admonished after a Congressional ethics investigation.
At the heart of the scandal was Keating's Lincoln Savings and Loan Association, which took advantage of deregulation in the 1980s to make risky investments with its depositors' money. McCain intervened on behalf of Charles Keating with federal regulators tasked with preventing banking fraud, and championed legislation to delay regulation of the savings and loan industry -- actions that allowed Keating to continue his fraud at an incredible cost to taxpayers.
When the savings and loan industry collapsed, Keating's failed company put taxpayers on the hook for $3.4 billion and more than 20,000 Americans lost their savings. John McCain was reprimanded by the bipartisan Senate Ethics Committee, but the ultimate cost of the crisis to American taxpayers reached more than $120 billion.
The Keating scandal is eerily similar to today's credit crisis, where a lack of regulation and cozy relationships between the financial industry and Congress has allowed banks to make risky loans and profit by bending the rules. And in both cases, John McCain's judgment and values have placed him on the wrong side of history.
Guess we know who the moron really is. Let me get you a bucket of sand to put your head in. lol. It is fun, it is almost too easy.
10-11-08 12:09 PM - Oh yeah, things are good here. Actually have a depression proof job. I do have sympathy for those who don't. Great wife, kids. Couple of interesting hobbies. Really enjoy helping people out here on CrackBerry. Generally do my best to treat others well, without trying to hurt their feelings. Like Earl, I do believe in Karma. Yes, all in all, I can't complain.
Posted from my CrackBerry at wapforums.crackberry.com10-11-08 09:40 PM - Animals! Don't get me started. Three horses, barn cat, three lop eared rabbits, and a blue heeler who thinks she's human and can herd anyone she wants -- including our neighbor's cows and the horses, who look at her like she's an ant. Life is good, gotta protect it. Friendship to all, except that guy who... JK!
Posted from my CrackBerry at wapforums.crackberry.com10-11-08 10:52 PM
blablablablablabla.lol.
