Bush To Give Billions of Taxpayer $$$ In Corporate Welfard ToBailout Mortgage Companies
On Sep 6, 11:57*am, " wrote:
John McCain would approve. *He helped Charles Keating get more than $2
billion of taxpayer money after Keating and his cronies gave $112,000
to the McCain "campaign".- Hide quoted text -
- Show quoted text -
The Keating Five were five United States Senators accused of
corruption in 1989, igniting a major political scandal as part of the
larger Savings and Loan crisis of the late 1980s and early 1990s. The
five senators, Alan Cranston (DEMOCRAT-CA), Dennis DeConcini (DEMOCRAT-
AZ), John Glenn (DEMOCRAT-OH), John McCain (R-AZ), and Donald W.
Riegle (DEMOCRAT-MI), were accused of improperly aiding Charles H.
Keating, Jr., chairman of the failed Lincoln Savings and Loan
Association, which was the target of an investigation by the Federal
Home Loan Bank Board (FHLBB).
After a lengthy investigation, the Senate Ethics Committee determined
in 1991 that Alan Cranston, Dennis DeConcini, and Donald Riegle had
substantially and improperly interfered with the FHLBB in its
investigation of Lincoln Savings. Senators John Glenn and John McCain
were cleared of having acted improperly but were criticized for having
exercised "poor judgment".
All five of the senators involved served out their terms. Only Glenn
and McCain ran for re-election, and they were BOTH RE-ELECTED.
Don't let the Neo-Communist Liberal Fascist get away with propaganda
LIES!
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