http://lifeisanongoingprocess.com/LIAOPblog Random thoughts about current events Thu, 25 Mar 2010 14:01:01 +0000 en hourly 1 http://wordpress.org/?v=3.1.3 http://lifeisanongoingprocess.com/LIAOPblog/2008/10/06/keating-economics-video/ http://lifeisanongoingprocess.com/LIAOPblog/2008/10/06/keating-economics-video/#comments Mon, 06 Oct 2008 20:00:41 +0000 Carol http://lifeisanongoingprocess.com/LIAOPblog/?p=195 The Obama campaign has implemented a new web site (http://www.keatingeconomics.com/) dedicated to providing detailed information and facts related to John McCain’s involvement with the Keating 5 savings and loan scandal. This is not new information, and at the time that it was taking place, it was very public information. But it is very relevant information to the current presidential race because the S&L scandal was almost identical to the current sub-prime mortgage scandal except that it was smaller in scale and impact. It couldn’t be more clear that the economic philosophy that allowed both of these scandals to take place is the same philosophy that John McCain has supported, and still supports. It also couldn’t be more clear where this philosophy leads – global financial system collapse.

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