Monday, December 12, 2005

Why John McCain Should Not Be Trusted - PART 2

The four Democrat senators in The Keating Five Scandal are no longer U.S. senators. John McCain, never absolved of his involvement, still serves as a Republican but, with mysteriously Democrat values. The Keating Five episode ultimately cost taxpayers $2-billion (per the FDIC). Although many voters have forgotten details (linked above) of the scandal, a reminder of the giant debacle surfaced in Monday's news, after 15 years:

WASHINGTON (AP) - Congress must overhaul the system of insuring private pensions to avoid a possible savings-and-loan-style bailout by taxpayers, the head of the federal agency that backs corporate pensions said Monday.

The other four senators:

Dennis Webster DeConcini served as Democratic U.S. Senator from Arizona between 1977 and 1995.

Alan MacGregor Cranston died December 31, 2000 - A Democrat, Cranston was elected in 1968 to the first of four six-year terms United States Senate.

John Herschel Glenn Jr. from Ohio, served as a United States Senator from 1974 – 1999.

Donald Wayne Riegle Jr. Democrat from Michigan, did not seek senate reelection in 1994.

1 Comments:

At 13 December, 2005 20:01, Blogger OSAPian said...

Excellent and concise commentary.

 

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