Keating Five

As part of the ongoing devolution of the Presidential campaign, Obama is reacting to the recent Ayers accuasations, by mining John McCain's involvment in the Keating Five scandal.

Ah, the good old days, when widespread financial institution collapses only cost taxpayers $120 Billion.



Several observers have noted that the Keating Five scandal is potentially more devastating that Reverend Wright / William Ayers type stuff if only because it dovetails with the recent financial collapses and questions about deregulation and lax government oversight.

And, of course, there are numerous instances of guilt by association on the right too.