McCain purports to be on the committee that dealt with everything. [Meanwhile], he did nothing on subprime mortgages for years."

McCain Repeating Keating Era Mistakes, Regulator Warns

As the stock market recovers from its biggest single-day drop since the crash of 1987, a former federal regulator who had a front-row view of John McCain's role in the Savings and Loan scandal says he is repeating some of the same mistakes.
William Black -- a deputy director of the Federal Savings and Loan Insurance Corporation during the "Keating Five" scandal that nearly ended McCain's political career -- says the Arizona Republican's chief errors at the time were underestimating the importance of regulation and relying too heavily on slanted advice from captains of industry.
"In the S&L crisis, he took his advice from the worst [kind of] criminal. Charles Keating is the person he went to for his policy advice," Black said. "Now, he certainly is getting advice from Phil Gramm, Carly Fiorina, Rick Davis -- the whole group of economic and top political advisers are lobbyist types. He just doesn't seem to get it, ever, that the advice is going to favor their clients. Even if they just stop being lobbyists, you can't just turn that off instantly. It's their mind state that develops. ... The biggest lesson is that, when you deregulate and de-supervise, you create an environment where control fraud emerges. You hyper-inflate bubbles; you get criminalization." LinkHere

Unearthed Video: McCain Pushed Bush Iraq War Agenda Two Months After 9/11

Recently unearthed video shows that just two months after 9/11, John McCain was not only fully aware of the Bush Administration's Iraq War Agenda, but also that he actively helped make the argument for war.
In an interview broadcast November 28, 2001 on ABC News Nightline, McCain:
* Said that the Bush Administration would build a case for military conflict with Iraq, and expressed his support for such action
* Advanced false claims made by the Bush Administration about the threat of Iraqi WMD
* Connected Iraq with 9/11 by repeating the false claim that 9/11 hijacker Muhammad Atta had met with Iraq intelligence authorities in Prague before 9/11

McCain Pushed Bush Iraq War Agenda Two Months After 9/11