At noon the day before the debate, the Obama campaign will have rolled out a 13-minute video on John McCain's role 19 years ago in a banking crisis strikingly similar to today's financial meltdown-- see the LINK below
IMO Obama will not miss the very first opportunity to bring up the Keating 5 scandal during the debate.
It's unlikely pro-McCain moderator Tom Brokaw will allow any audience member to bring K5 up directly. IMO this is a PLUS: Obama will be able to get first crack at K5 in an answer to any number of "guilt-by-association" questions Brokaw likely will allow against Obama.
How will this likely Keating 5 attack on McCain be received by tens of millions of debate viewers?
WHAT'S YOUR OPINION?
Here's mine:
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IMO Tuesday's almost inevitable Keating 5 attack on McCain will work beautifully, since it builds on what the MSM's been covering for 3 weeks--see the Obama campaign LINK to video and text explanations of K5 at
http://www.keatingeconomics.com .
This attack three weeks before the election should disqualify McCain in the minds of tens of millions of voters from being seen as fit to leas the economy out of the current mess. Obama's advantage on the economy currently polls at 8 percent, but the K5 issue should widen it to double digits quickly.
People ALREADY understand depositors losing their life savings, as more than 20,000 did at Lincoln Savings and Loan in 1989, thanks to "deregulation" and corrupt politicians.
People ALREADY understand how deregulation McCain championed in the past 9 years and 25 years ago let banks run wild, how turning banks into risky casinos courts catstrophe, and how taxpayers get stuck with hundreds of billions in bailouts when the bubble bursts. Plus, they ALREADY understand about big supporters' corruption of politicians, who intervene with already weakened regulators to help their benefactors.
People WILL understand that letters McCain wrote to regulators on behalf of Charles Keating helped him continue and widen his bank fraud at the expense of 20,000 depositiors who lost everything and at the cost of a $3 billion bailout just for Keating's bank corporation.
The website linked above lays out all these elements of K5 in half a page, and links to all the relevant documents.
See also
http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=132x7329437 .