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Obama campaign to release Keating Five video

Pookster

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Pookster
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The campaign is releasing a new 13-minute “documentary” about the scandal, and sending a message to supporters that ties McCain to the federal bailout that followed.
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http://politicalticker.blogs.cnn.com/2008/10/06/obama-camp-raises-mccain’s-ties-to-charles-keating/


Based on the article, it appears that the Obama campaign isn't saying McCain did anything illegal. They appear to be attempting to tie McCain's handling of the situation to today's economic events ...

In a message to supporters Sunday, Obama campaign manager David Plouffe tied McCain to the lack of oversight that led to the savings and loan crisis of that era, and the massive federal bailout package that resulted. "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," Plouffe writes. "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."
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Good strategy or not?
 
maxpower1227 said:
"Surprise"?
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Surprise-ish. This is obviously in response to Palin's pulling out the old Bill Ayres baloney and this "surprise" was being leaked for the last couple of days, at least.

The thing is that the S&L crisis and McCain's part in it is much more reflective of the current economic crisis than Bill Ayres' stupidity 30+ years ago that Obama didn't even participate in. In this pissing match, McCain will lose.

As to whether or not this was help Obama or just hurt him less than McCain, I don't know. I suppose it depends on how it is handled.
 
About damn time.

The mistake Kerry made during the Swiftboat attack was attempting to rise above it. It's good to see the Democrats finally fighting dirty. It's still not as dirty as the Republicans, but it's a start.
 
Upchurch said:
Surprise-ish. This is obviously in response to Palin's pulling out the old Bill Ayres baloney and this "surprise" was being leaked for the last couple of days, at least.

The thing is that the S&L crisis and McCain's part in it is much more reflective of the current economic crisis than Bill Ayres' stupidity 30+ years ago that Obama didn't even participate in. In this pissing match, McCain will lose.

As to whether or not this was help Obama or just hurt him less than McCain, I don't know. I suppose it depends on how it is handled.
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The convenient thing about the Keating Five issue from a political strategy POV is that it is relevant to the current economic crisis ... and it has McCain sitting right in the middle of an ethics/criminal mess too (even though he was cleared in the matter). Obama can legitimately claim its not a smear attempt, even though it's dripping with slime.
 
EDIT: removed to avoid yet another "thread derailment" warning. Please disregard my post.
 
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Upchurch said:
Surprise-ish. This is obviously in response to Palin's pulling out the old Bill Ayres baloney and this "surprise" was being leaked for the last couple of days, at least.
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Do you mean it was released in response to the Palin allegation?
 
LawnOven said:
It has its own website too:

http://www.keatingeconomics.com/
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It's sad that Obama's special purpose websites are better designed than McCain's primary website.

Skimmed though the .pdf files posted on the site, of course the info is cherry picked for maximum impact but it's all cited or copies of original documents. It's going to be a bad week for McCain, I'm still trying to understand where he's going with this.
 
Whiplash said:
ETA: I challenge you to produce Republican smears anywhere near the level of smears that have been used against Palin about her son, and her daughter, and questionable parentage; or her not being a "good" mother. Please.
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You're kidding, right? Republicans have accused Hillary Clinton of murder. I mean, seriously, read a book.
 
There was also the time Limbaugh compared Chelsea Clinton to a dog.


eta: oh, and then there was the time when John McCain told a joke asking why Chelsea Clinton was so ugly. The punch line was that Janet Reno was her father.
 
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Obviously you don't release a 13-minute video from the ground up in two or three days after Palin's attack. The video was stockpiled, or was waiting for a final polish as events on the ground warranted. The domain itself was created on 25-Sep-08.

But picking your point to release is key. Things like this happen at pre-determined points, just like sales triggered by computers in the stock market.

ETA: September 25 was the day that John McCain returned to Washington and left Bush's photo-op meeting of parties before the final photo-ops were finished.
 
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boloboffin said:
Obviously you don't release a 13-minute video from the ground up in two or three days after Palin's attack. The video was stockpiled, or was waiting for a final polish as events on the ground warranted. The domain itself was created on 25-Sep-08.

But picking your point to release is key. Things like this happen at pre-determined points, just like sales triggered by computers in the stock market.

ETA: September 25 was the day that John McCain returned to Washington and left Bush's photo-op meeting of parties before the final photo-ops were finished.
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Upchurch, this is what I was getting at by posing my question. It's not so much it was made in reseponse to Palin's comments, but was released at a particular time in response to Palin's comments.
 
Wangler said:
Upchurch, this is what I was getting at by posing my question. It's not so much it was made in reseponse to Palin's comments, but was released at a particular time in response to Palin's comments.
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I think it may have played some role, but it seemed like a natural followup after the bailout passed. I think it was originally intended to keep the discussion about the economic bailout, and McCain's actions, in the spotlight. The slime factor was just a bonus for counter-punching Palin's comments.
 
They also accused Obama of attending a Wahhabi madrassa. And by "they" I mean Fox News Channel, not some random blowhard on the internet, ala the personalized Palin attacks.
 
I think the Obama campaign played this slightly wrong. While I understand that it makes a great response to the Ayers non-story, I think it also provides an excellent illustration of McCain's longstanding attitudes about banking deregulation. They should have released this last Monday, right before the first House vote on the bailout, asking the question, "how many bailouts does it take to realize that allowing uncontrolled risky investing invariably threatens the banking industry, and by extension, the whole economy?". Directly linking his conduct to an eduring policy position is IMO much more effective than pointing up twenty-year-old corruption, since McCain can just be contrite and claim he's reformed. No such luck with his record on the issues.
 
McCain's response is that the Keating Five Scandal, has always been a political smear on him, nothing more.



So his entire narrative for being a reformer, learning his lesson on the Keating Five scandal, is now completely undercut. When do we find out that the reason he finished fifth from the bottom in college was because the teachers had it out for him? When do we find out that his cheating on his first wife was justified because the car wreck turned her fat and ugly, and who wants to come home to that from POW camp?

ETA: This gives complete permission to reexamine every aspect of the Keating Five, straight from the McCain campaign. Just how many sharks are in that tank, Fonzie?

At this point, I wouldn't be surprised to see McCain be appointed Secretary of Defense in an Obama Administration. He's just giving it away.
 
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