The Keating Five Strategy

Amanda Carpenter
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Posted: May 10, 2008 10:15 AM
Left-wing blogs have been bringing up the Keating Five scandal to suggest McCain isn't as ethical and straight-shooting as he makes himself out to be. I linked some blogs doing this in my piece about the Washington Post's recent attempt at scandal manufacturing yesterday.

Now, an Obama surrogate,  Rep. Peter DeFazio (D.-Ore.) brings it up standing on stage with Obama at an Oregon fundraiser. Referring to McCain DeFazio said, "He says we need less regulation. Hello! Wall Street mortgage meltdown, Bear Stearns taxpayer bailout, Enron, but you know, I guess maybe for a guy who was up to his neck in the Keating Five and savings and loan scandal--the less regulation the better."

I think I see a trend...