Home > john mccain, Obama, politics > Obama to FINALLY open an industrial-sized can of Keating whup-ass on McCain, TODAY!

Obama to FINALLY open an industrial-sized can of Keating whup-ass on McCain, TODAY!

I’ve been panicked thinking Obama would pull punches, and fall victim to the same Swift-Boat tactics that brought down Kerry. I thought, in the name of change or the highroad or…whatever, he was going to hold back, sit back and try to ride this tiny lead for a month. I mean, is it me or has this been the elephant in the room since the beginning of this economic crisis?

Then I got this email (see bottom of entry) and the following preview from Obama For America:

I have been surprised yet again by the Obama campaign. Pleasingly so. in anticipation of the McCain effort to (yet again) change the subject Obama is about to insist that the subject remain exactly where it is, on the economy.

And how!

The Distinguished Gentleman from Illinois is about 12 hours from opening a 13-minute documentary-size can of whup-ass on the Disgruntled Cynic from Arizona, and it’s about damn time. Talk about your October surprises. I’m at work now, checked my email and almost screamed when I read it.

If you’ve read my previous entries, you know I’ve been questioning the campaign’s wisdom sitting on this Keating five thing when right now it is so relevant. Well, I guess they were just putting together a helluva package to roll it out properly so NO mistakes can be made about it…Obama came to play!

I can’t wait to see it.

I just took a quick overview of the keating Economics website and man oh man does it look thorough. Links to news sources, all aspects of the Keating/ McCain relationship, all kinds of goodies. If you’re gonna / gotta go negative, do it right. Leave no stone unturned. They’ve obviously been planning this for a lonnnnng time.

Stay tuned…

Letter from Campaign:

Dear (Supporter,)

Over the weekend, John McCain’s top adviser announced their plan to stop engaging in a debate over the economy and “turn the page” to more direct, personal attacks on Barack Obama.

In the middle of the worst economic crisis since the Great Depression, they want to change the subject from the central question of this election. Perhaps because the policies McCain supported these past eight years and wants to continue are pretty hard to defend.

But it’s not just McCain’s role in the current crisis that they’re avoiding. The backward economic philosophy and culture of corruption that helped create the current crisis are looking more and more like the other major financial crisis of our time.

During the savings and loan crisis of the late ’80s and early ’90s, 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.

So at noon Eastern on Monday, October 6th, we’re 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 KeatingEconomics.com, along with background information that every voter should know.

Watch a preview right now and share it with your friends.

The point of the film and the web site is that John McCain still hasn’t learned his lesson.

And this time, McCain’s bankrupt economic philosophy has put our economy at the brink of collapse and put millions of Americans at risk of losing their homes.

Watch the video to see why John McCain’s failed philosophy and poor judgment is a recipe for deepening the crisis:


It’s no wonder John McCain would rather spend the last month of this election smearing Barack’s character instead of talking about the top priority issue for voters.

But if we work together, we can make sure the focus stays on the economy — and how to fix it.

Please forward this email to everyone you know.



David Plouffe
Campaign Manager
Obama for America

P.S. — The documentary will be live at noon Eastern on Monday, October 6th at www.KeatingEconomics.com.

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