Friday, September 26, 2008

They Gave Your Mortgage to a Less Qualified Minority

[meanwhile, in the media... {well, MSNBC}]

On MSNBC this week, Newsweek's Jonathan Alter tried to connect John McCain to the current financial disaster, saying: "If you remember the Keating Five scandal that (McCain) was a part of. ... He's really getting a free ride on the fact that he was in the middle of the last great financial scandal in our country."

McCain was "in the middle of" the Keating Five case in the sense that he was exonerated.

The lawyer for the Senate Ethics Committee wanted McCain removed from the investigation altogether, but, as The New York Times reported: "Sen. McCain was the only Republican embroiled in the affair, and Democrats on the panel would not release him."

So John McCain has been held hostage by both the Viet Cong and the Democrats.

[the rest of the piece details the rule changes Clinton's Federal Reserve forced lenders to follow under threat of law suits - which I've cover previously, but this piece is more specific if you're unfamiliar - Recommended > ]

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