Chicago Sun-Times
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McCain says Obama has his own "housing problem"-- Tony Rezko.

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The McCain campaign, zinged by Obama as rich, out-of-touch to the point he does not know how many homes he owns, roars back that Obama bought his mansion only with the help of Tony Rezko--now awaiting sentencing for his conviction on corruption charges.

As part of the strong, aggresive rebuttal, the RNC launched a Obama Rezko "Shady Deal" web site.



From the McCain campaign...

"Does a guy who made more than $4 million last year, just got back from vacation on a private beach in Hawaii and bought his own million-dollar mansion with the help of a convicted felon really want to get into a debate about houses? Does a guy who worries about the price of arugula and thinks regular people "cling" to guns and religion in the face of economic hardship really want to have a debate about who's in touch with regular Americans?

"The reality is that Barack Obama's plans to raise taxes and opposition to producing more energy here at home as gas prices skyrocket show he's completely out of touch with the concerns of average Americans." --McCain spokesman Brian Rogers


from the RNC....

OBAMA'S HOUSING PROBLEM

Brought To You By Convicted Felon Tony Rezko

______________________________________________________________________

Obama Engaged In Deal With Convicted Felon To Get Deal On House That Had Four Fireplaces And A Wine Cellar:

Obama Paid $300,000 Less Than The Asking Price For His Mansion, While Tony Rezko's Wife Paid Full Price For A Vacant Lot Next Door On The Very Same Day. "Two years ago, Obama bought a mansion on the South Side, in the Kenwood neighborhood, from a doctor. On the same day, [Antoin 'Tony'] Rezko's wife, Rita Rezko, bought the vacant lot next door from the same seller. The doctor had listed the properties for sale together. He sold the house to Obama for $300,000 below the asking price. The doctor got his asking price on the lot from Rezko's wife." (Tim Novak, "Obama And His Rezko Ties," Chicago Sun-Times, 4/23/07)

The Seller Of Obama's Home "Wanted To Sell Both Properties At The Same Time." "On the same day Obama closed on his house, Rezko's wife bought the adjacent empty lot, meeting the condition of the seller who wanted to sell both properties at the same time." (Brian Ross and Rhonda Schwartz, "The Rezko Connection," ABC News' "The Blotter" Blog, abcnews.go.com, 1/10/08)
Obama Later Purchased A Portion Of Rezko's Land For $104,500; It Was Valued At $40,500. "Later, the Obamas bought a 10-foot-by-150-foot piece of the lot for $104,500. An appraisal put the value of the strip at $40,500, a spokesman said, but Obama considered it fair to pay one-sixth of the original price for one-sixth of the lot." (Peter Slevin, "Obama Says He Regrets Land Deal With Fundraiser," The Washington Post, 12/17/06)

Rezko Was Convicted Of Wire And Mail Fraud, Money Laundering, And Aiding And Abetting Bribery. "A federal jury today convicted developer Antoin 'Tony' Rezko of corruption charges for trading on his clout as a top adviser and fundraiser to Gov. Rod Blagojevich. Rezko's guilty verdict on 16 of 24 corruption counts could have broad repercussions for Blagojevich, who made Rezko a central player in his kitchen cabinet. It could also prove a political liability for U.S. Sen. Barack Obama, who once counted Rezko as a friend and fundraiser, as the likely Democratic presidential nominee heads into the general election campaign against Republican John McCain. ... The jury convicted Rezko of wire and mail fraud, money laundering and aiding and abetting bribery. He was acquitted of attempted extortion." (Bob Secter and Jeff Coen, "Rezko Convicted Of Corruption," Chicago Tribune, 6/4/08)

NOTE: The 3 Story House Has Four Fireplaces And A Wine Cellar. "When Obama and his wife, Michelle, a hospital executive, decided to move with their two young girls from their Hyde Park condominium, they chose a spacious three-story Georgian revival home on a tree-lined street in the Kenwood neighborhood, not far from the University of Chicago. The owner had listed the house -- nearly 100 years old, with four fireplaces and a wine cellar -- and an adjacent lot as separate parcels." (Peter Slevin, "Obama Says He Regrets Land Deal With Fundraiser," The Washington Post, 12/17/06)

Obama Provided Political Favors To Tony Rezko, Including Writing Letters On His Behalf:

"As A State Senator, Barack Obama Wrote Letters To City And State Officials Supporting His Political Patron Tony Rezko's Successful Bid To Get More Than $14 Million From Taxpayers To Build Apartments For Senior Citizens." (Tim Novak, "Obama's Letters For Rezko," Chicago Sun-Times, 6/13/07)

The Letters Show That Obama Did Do A Political Favor For Rezko. "Obama's letters, written nearly nine years ago, for the first time show the Democratic presidential hopeful did a political favor for Rezko - a longtime friend, campaign fund-raiser and client of the law firm where Obama worked - who was indicted last fall on federal charges that accuse him of demanding kickbacks from companies seeking state business under Gov. Blagojevich." (Tim Novak, "Obama's Letters For Rezko," Chicago Sun-Times, 6/13/07)

FLASHBACK: In December Of 2006, Obama Said He Had "Never Done Any Favors For Him." "The letters appear to contradict a statement last December from Obama, who told the Chicago Tribune that, in all the years he's known Rezko, 'I've never done any favors for him.'" (Tim Novak, "Obama's Letters For Rezko," Chicago Sun-Times, 6/13/07)
Rezko Offered Obama A Job After Law School And The Two Have Been Friends Ever Since:

Rezko Offered Obama A Job When He Was A Harvard Law Student And The Two Have Stayed In Touch Ever Since. "One of them was Sen. Barack Obama (D-Ill.), who was offered a job by Rezko in the early 1990s while a top student at Harvard Law School. Obama did not take it, but over the years, the two men stayed in touch..." (Peter Slevin, "Obama Says He Regrets Land Deal With Fundraiser," The Washington Post, 12/17/06)

Rezko Was One Of Obama's Biggest Fundraisers, Raising $250,000 For His Campaigns:

Rezko Was "One Of The Biggest Fundraisers" For Obama. "'This was discussed a lot. They wanted to have a good showing,' said a source familiar with the fund-raiser [Rezko held for Obama], speaking on condition of anonymity. 'Tony was one of the biggest fund-raisers.'" (Chris Fusco and Tim Novak, "Rezko Cash Triple What Obama Says," Chicago Sun-Times, 6/18/07)

Obama Has Admitted To $250,000 Worth Of Campaign Funding Provided By Tony Rezko. "For the first time, Sen. Barack Obama put a figure Friday to the amount of campaign contributions that indicted political fund-raiser Tony Rezko raised for the senator's campaigns, and the number -- about $250,000 -- was far more than he previously acknowledged." (Tim Novak, Chris Fusco, Dave McKinney and Carol Marin, "More Rezko Dough Found," Chicago Sun-Times, 3/15/08)
Obama And Rezko's Socializing Included Their Wives And A Trip To Rezko's Lake House:

Obama And Rezko Socialized Over Lunch Or Breakfast And Discussed Politics And Family. Obama: "We'd [Obama and Rezko] continue to have lunches or breakfasts. We'd talk about politics. We'd talk about family." (Sen. Barack Obama, Interview With Chicago Sun-Times, Chicago, IL, 3/15/08)

Obama And Rezko Would Also Socialize With Their Wives Over Dinner. Obama: "In terms of other than lunch or breakfast he and I had, socially, Michelle and I probably had a couple of dinners, or two or three dinners with [Rezko] and his wife during the course of this six or seven or eight years." (Sen. Barack Obama, Interview With Chicago Sun-Times, Chicago, IL, 3/15/08)

The Obamas And Rezkos Took A Trip Together To Rezko's Home At Lake Geneva, WI. Obama: "[Barack And Michelle Obama] Visited their home in Lake Geneva once for the day." (Sen. Barack Obama, Interview With Chicago Sun-Times, Chicago, IL, 3/15/08)

11 Comments

John Mccain is one of the original "Keating 5" one of the biggest scandals in financial history and he wants to talk about someone getting something! oh my goodness!

Before worrying about the houses that McCain has Obama should help find affordable housing for his brother in Kenya.

I find it shocking that Barack Obama allows his brother to live in a shack and on $1.00 a week.

To me it appears that something is wrong with anyone who does not look out for one's relatives who are in need!

McCain had better straighten things up. he keeps fumbling and falls hard. He's not fit to be president. Please vote for Obama, visit WHYOBAMA08.ORG!

McCain is not only confused as to how many houses he owns, he is also Confused on Foreign Affairs! For example, The Below link exposes and reveals John McCain's really bad lack of knowledge regarding foreign affairs -- supposedly his strong point!

http://www.independent.co.uk/opinion/commentato...

It is unfoturnate that we have to get the truth from other countries rather than our Republican-owned main stream media -- which is a derelict of duty to the American public. They failed us after 911 and they are still failing us now. Thank God we have the Internet and Blogs wherein we can find the truth.

Isn't McCain's wife independently wealthy...like a millionaire with old family money? I think she owns those houses; it's a reasonable explanation.

The candidate who has unanswered questions is Obama. Consider Obama's history since he arrived in the country as a young adult, alone with no money. He admits to living in a drug-infested slum in New York...at one point he says he slept in an alleyway. Yet he went to three colleges with no apparent source of income. I wonder where he got his money. With no family to help, who paid his tuition for Columbia, Harvard and that college he went to in California? He didn't work -- he admits to partying a lot during those years -- booze & drugs cost money too. Then after making some friends (Rezko in particular) in Chicago, he ends up in a million dollar mansion. I say, follow the money ... something's fishy!

At least we can see how McCain got all those houses -- it's his wife's family's money and they made their money the hard way -- they worked for it! How did Obama make enough money to get a million-dollar mansion? A community organizer and even a state senator doesn't make all that much.

Obama needs to fire back now and HARD about the Keating 5 scandal McSame was linked to.
We CANNOT and MUST NOT rely upon blogs (how many people read these?) to do this.
I hope Obama ad people can also show that Jeb Bush, and Neil Bush (Miami Centrust and Silverado Saving and Loan, respectively) also got free rides on that one.

McCain is a slimy scumbag. He lies about everything. He said he was going to run a clean campaign. He is Mr Sleeze and deserves to lose. The Republicans are all corrupt and should be put out of office.

The Keating Five were five United States Senators accused of corruption in 1989, igniting a major political scandal as part of the larger Savings and Loan crisis of the late 1980s and early 1990s. The five senators, Alan Cranston (D-CA), Dennis DeConcini (D-AZ), John Glenn (D-OH), John McCain (R-AZ), and Donald W. Riegle (D-MI), were accused of improperly aiding Charles H. Keating, Jr., chairman of the failed Lincoln Savings and Loan Association, which was the target of an investigation by the Federal Home Loan Bank Board (FHLBB).
After a lengthy investigation, the Senate Ethics Committee determined in 1991 that Alan Cranston, Dennis DeConcini, and Donald Riegle had substantially and improperly interfered with the FHLBB in its investigation of Lincoln Savings. Senators John Glenn and John McCain were cleared of having acted improperly but were criticized for having exercised "poor judgment".
All five of the senators involved served out their terms. Only Glenn and McCain ran for re-election, and they were both re-elected.
Circumstances
See also: Savings and Loan crisis
The U.S. Savings and Loan crisis of the 1980s and 1990s was the failure of 747 savings and loan associations (S&Ls) in the United States. The ultimate cost of the crisis is estimated to have totaled around $160.1 billion, about $124.6 billion of which was directly paid for by the U.S. taxpayer.[1].
The concomitant slowdown in the finance industry and the real estate market may have been a contributing cause of the 1990-1991 economic recession. Between 1986 and 1991, the number of new homes constructed per year dropped from 1.8 million to 1 million, the lowest rate since World War II.[2]
The Keating Five scandal was prompted by the activities of one particular savings and loan: Lincoln Savings and Loan Association of Irvine, California. Lincoln's chairman was Charles Keating, who ultimately served five years in prison for his corrupt mismanagement of Lincoln.[3] In the four years since Keating's American Continental Corporation (ACC) had purchased Lincoln in 1984, Lincoln's assets had increased from $1.1 billion to $5.5 billion.[4] Such savings and loan associations had been deregulated in the early 1980s, allowing them to make highly risky investments with their depositors' money, a change of which Keating took advantage.[4] Lincoln's investments took the form of buying land, taking equity positions in real estate development projects, and buying high-yield junk bonds.[5]
Corruption allegations
The core allegation of the Keating Five affair is that Keating had made contributions of about $1.3 million to various U.S. Senators, and he called on those Senators to help him resist regulators. The regulators backed off, to later disastrous consequences.
Beginning in 1985, Edwin J. Gray, chair of the Federal Home Loan Bank Board (FHLBB), feared that the savings industry's risky investment practices were exposing the government's insurance funds to huge losses.[5] Gray instituted a rule whereby savings associations could hold no more than ten percent of their assets in "direct investments",[5] and were thus prohibited from taking ownership positions in certain financial entities and instruments.[6] Lincoln had become burdened with bad debt resulting from its past aggressiveness, and by early 1986,[5] its investment practices were being investigated and audited by the FHLBB:[7] in particular, whether it had violated these direct investment rules; Lincoln had directed FDIC-insured accounts into commercial real estate ventures.[4] By the end of 1986, the FHLBB had found that Lincoln had $135 million in unreported losses and had surpassed the regulated direct investments limit by $600 million.[5]
Keating had earlier taken several measures to oppose Gray and the FHLBB, including recruiting a study from then-private economist Alan Greenspan saying that direct investments were not harmful,[5] and getting President Ronald Reagan to make a recess appointment of a Keating ally, Atlanta real estate developer Lee H. Henkel Jr., to an open seat on the FHLBB.[5] But by March 1987, Henkel had resigned, upon news of his having large loans due to Lincoln.[5]
It appeared as though the government might seize Lincoln for being insolvent.[6] The investigation was, however, taking a long time.[7] Keating was asking that Lincoln be given a lenient judgment by the FHLBB, so that it could limit its high risk investments and get into the safe (at the time) home mortgage business, thus allowing the business to survive. A letter from audit firm Arthur Young & Co. bolstered Keating's case that the government investigation was taking a long time.[8] Keating now wanted the five senators to intervene with the FHLBB on his behalf.
By March 1987, Keating and DeConcini were asking McCain to travel to San Francisco to meet with regulators regarding Lincoln Savings; McCain refused.[8][6] DeConcini told Keating that McCain was nervous about interfering.[6] Keating called McCain a "wimp" behind his back, and on March 24, Keating and McCain had a heated, contentious meeting.[8]
On April 2, 1987, a meeting with chairman Gray of the FHLBB was held in DeConcini's Capitol office, with Senators Cranston, Glenn, and McCain also in attendance.[6] DeConcini started the meeting with a mention of "our friend at Lincoln."[6] Gray told the assembled senators that he did not know the particular details of the status of Lincoln Savings and Loan, and that the senators would have to go to the bank regulators in San Francisco that had oversight jurisdiction for the bank. Gray did offer to set up a meeting between those regulators and the senators.[6]
On April 9, 1987, a two-hour meeting[4] with three members of the FHLBB San Francisco branch was held, again in DeConcini's office, to discuss the government's investigation of Lincoln.[8][6] Present were Cranston, DeConcini, Glenn, McCain, and additionally Riegle.[6] The regulators felt that the meeting was very unusual and that they were being pressured by a united front, as the senators presented their reasons for having the meeting.[6] McCain said, "One of our jobs as elected officials is to help constituents in a proper fashion. ACC is a big employer and important to the local economy. I wouldn't want any special favors for them.... I don't want any part of our conversation to be improper." Glenn said, "To be blunt, you should charge them or get off their backs," while DeConcini said, "What's wrong with this if they're willing to clean up their act? ... It's very unusual for us to have a company that could be put out of business by its regulators."[6] The regulators then revealed that Lincoln was under criminal investigation on a variety of serious charges, at which point McCain severed all relations with Keating.[6] Glenn continued to help Keating after that revelation, by setting up a meeting with then-House Majority Leader Jim Wright, which turned out to be the only questionable thing Glenn did throughout the whole affair.[9]
The San Francisco regulators finished their report in May 1987 and recommended that Lincoln be seized by the government due to unsound lending practices.[6][4] Gray, whose time as chair was about to expire, deferred action on the report, saying that his adversarial relationship with Keating would make any action he took seem vindictive, and that instead the incoming chair should take over the decision.[5] Meanwhile Keating filed a lawsuit against the FHLBB, saying it had leaked confidential information about Lincoln.[5] The new FHLBB chair was M. Danny Wall, who was more sympathetic to Keating and took no action on the report, saying its evidence was insufficient.[4][6] In September 1987, the Lincoln investigation was removed from the San Francisco group and in May 1988, a new audit of Lincoln began in Washington.[6]
News of the April meetings between the senators and the FHLBB officials first appeared in National Thrift News in September 1987, but was only sporadically covered by the general media for the next year and a half.[10]
Failure of Lincoln
Lincoln stayed in business; from mid-1987 to April 1989, its assets grew from $3.91 billion to $5.46 billion.[5] During this time, the parent American Continental Corporation was desperate for cash inflow to make up for losses in real estate purchases and projects.[11] Lincoln's branch managers and tellers convinced customers to replace their federally-insured certificates of deposit with higher-yielding bond certificates of American Continental; the customers later said they were never properly informed that the bonds were uninsured and very risky given the state of American Continental's finances.[11]
American Continental went bankrupt in April 1989, and Lincoln was seized by the FHLBB on April 14, 1989.[4] More than 21,000 mostly elderly investors lost their life savings. This total came to about $285 million.[citation needed] The federal government was liable for $2 billion to cover Lincoln's losses when it seized the institution.[11]
Keating was hit with a $1.1 billion fraud and racketeering action, filed against him by the regulators.[4] Asked whether his contributions had bought him influence, Keating said: “I want to say in the most forceful way I can: I certainly hope so.”[12]
When the former chairman of the FHLBB went public about the Senators' assistance to Keating, that set off a series of investigations by the California government, the United States Department of Justice, and the Senate Ethics Committee. The Ethics Committee's investigation focused on all five senators, who soon became known as the "Keating Five". The initial charges against the five Senators were brought by Common Cause, a public interest group, and the Senate’s inquiry subsequently lasted 22 months.[13]
Relationships of senators to Keating
Once Lincoln failed, the relationships of all the senators to Keating came under intense press scrutiny.
Cranston had received $39,000 from Keating and his associates for his 1986 Senate re-election campaign. Furthermore, Keating had donated some $850,000 to assorted groups founded by Cranston or controlled by him, and another $85,000 to the California Democratic Party.[4]
DeConcini had received about $48,000 from Keating and his associates for his 1988 Senate re-election campaign.[4] In September 1989, DeConcini stated he would return the money.[4]
Glenn had received $34,000 in direct contributions from Keating and his associates for his 1984 presidential nomination campaign, and a political action committee tied to Glenn had received an additional $200,000.[4]
McCain and Keating had become personal friends following their initial contacts in 1981.[8] Between 1982 and 1987, McCain had received $112,000 in lawful[14] political contributions from Keating and his associates.[15] In addition, McCain's wife Cindy McCain and her father Jim Hensley had invested $359,100 in a Keating shopping center in April 1986, a year before McCain met with the regulators. McCain, his family, and their baby-sitter had made nine trips at Keating's expense, sometimes aboard Keating's jet. Three of the trips were made during vacations to Keating's opulent Bahamas retreat at Cat Cay. McCain did not pay Keating (in the amount of $13,433) for some of the trips until years after they were taken, when he learned that Keating was in trouble over Lincoln.[6][16]
Riegle had received some $76,000 from Keating and his associates for his 1988 Senate re-election campaign.[4] Riegle later announced in April 1988 he was returning the money.[5]
Conclusion of investigation
The Senate Ethics Committee's report regarding the Keating matter came out in August 1991, and addressed each of the five senators.[17]
Cranston: severely reprimanded
The Senate Ethics Committee ruled that Cranston had acted improperly by interfering with the investigation by the FHLBB.[17] He had received more than a million dollars from Keating, had done more arm-twisting than the other Senators on Keating's behalf, and was the only Senator officially rebuked by the Senate in this matter.[18]
Cranston was given the harshest penalty of all five Senators. In November of 1991, the Senate Ethics Committee voted unanimously to reprimand Cranston, instead of the more severe measure that was under consideration: censure by the full Senate. Extenuating circumstances that helped to save Cranston from censure were the fact that he was suffering from cancer, and that he had decided to not seek reelection, according to the Chairman of the Ethics Committee, Democratic Senator Howell Heflin of Alabama. The Ethics Committee took the unusual step of delivering its reprimand to Cranston during a formal session of the full Senate, with almost all 100 Senators present.[13]
Cranston was not accused of breaking any specific laws or rules, but of violating standards that Heflin said “do not permit official actions to be linked with fund-raising.” The Ethics Committee officially found that Cranston’s conduct had been “improper and repugnant”, deserving of "the fullest, strongest and most severe sanction which the committee has the authority to impose." The sanction was in these words: "the Senate Select Committee on Ethics, on behalf of and in the name of the United States Senate, does hereby strongly and severely reprimand Sen. Alan Cranston.”[13]
After the Senate reprimanded Cranston for repugnant conduct, Cranston took to the Senate floor to deny key charges against him. In response, Senator Warren Rudman of New Hampshire, the Republican Vice-Chairman of the Ethics Committee, charged that Cranston’s response to the reprimand was “arrogant, unrepentant and a smear on this institution," and that Cranston was wrong to imply that everyone does what Cranston had done. Alan Dershowitz, serving as Senator Cranston's attorney, alleged that other Senators had merely been better at “covering their tracks.”[13] Likewise, political historian Lewis Gould has written that, “the real problem for the 'Keating Three' who were most involved was that they had been caught.”[19]
Riegle and DeConcini: criticized for acting improperly
The Senate Ethics Committee ruled that Riegle and DeConcini had acted improperly by interfering with the investigation by the FHLBB.[17]
DeConcini later charged that McCain had leaked to the press sensitive information about the investigation that came from some of the closed proceedings of the Ethics Committee.[6] McCain denied doing so, although one congressional investigator concluded that McCain had been one of the main leakers during that time.[6]
Glenn and McCain: cleared of impropriety but criticized for poor judgment
The Senate Ethics Committee ruled that the involvement of Glenn in the scheme was minimal, and the charges against him were dropped.[17] He was only criticized by the Committee for "poor judgment."[20]
The Ethics Committee ruled that the involvement of McCain in the scheme was also minimal, and he too was cleared of all charges against him.[18][17] McCain was criticized by the Committee for exercising "poor judgment" when he met with the federal regulators on Keating's behalf.[6] The report also said that McCain's "actions were not improper nor attended with gross negligence and did not reach the level of requiring institutional action against him....Senator McCain has violated no law of the United States or specific Rule of the United States Senate."[14] On his Keating Five experience, McCain has said: "The appearance of it was wrong. It's a wrong appearance when a group of senators appear in a meeting with a group of regulators, because it conveys the impression of undue and improper influence. And it was the wrong thing to do."[6]
Several accounts of the controversy contend that McCain was included in the investigation primarily so that there would be at least one Republican target.[21][22][23][9] Glenn's inclusion in the investigation has been attributed to Republicans who were angered by the inclusion of McCain, as well as committee members who thought that dropping Glenn (and McCain) would make it look bad for the remaining three Democratic Senators.[21][23] Democrat Robert S. Bennett, who was the special investigator during the scandal, suggested to the Senate Ethics Committee that it pursue charges against neither McCain nor Glenn, saying of McCain, "that there was no evidence against him."[22] The Vice Chairman of the Ethics Committee, Senator Warren Rudman of New Hampshire, agreed with Bennett, but the Chairman, Senator Howell Heflin of Alabama, did not agree.[9]
Regardless of the level of their involvement, both senators were greatly affected by it. McCain would write in 2002 that attending the two April 1987 meetings was "the worst mistake of my life".[24] Glenn has described the Senate Ethics Committee investigation as the low point of his life.[7]Reactions
Not everyone was satisfied with the Senate Ethics Committee conclusions. Fred Wertheimer, president of Common Cause, which had initially demanded the investigation, thought the treatment of the senators far too lenient, and said, "The U.S. Senate remains on the auction block to the Charles Keatings of the world."[25] Joan Claybrook, president of Public Citizen, called it a "whitewash".[25] Jonathan Alter of Newsweek said it was a classic case of the government trying to investigate itself, labelling the Senate Ethics Committee "shameless" for having "let four of the infamous Keating Five off with a wrist tap."[26] Margaret Carlson of Time suspected the committee had timed its first report to coincide with the run-up to the Gulf War, minimizing its news impact.[25]Aftermath
Cranston left office in January of 1993, and died in December of 2000. DeConcini and Riegle continued to serve in the Senate until their terms expired, but they did not seek re-election in 1994. DeConcini was appointed by President Bill Clinton in February 1995 to the Board of Directors of the Federal Home Loan Mortgage Corporation. [27]
Glenn did choose to run for re-election in 1992, and it was anticipated that he would have some difficulty winning a fourth term in the Senate. However, Glenn handily defeated Lieutenant Governor R. Michael DeWine for one more term in the Senate before retiring in 1999.
After 1999, the only member of the Keating Five remaining in the U.S. Senate was John McCain, who had an easier time gaining re-election in 1992 than he anticipated,[28] and who ran for president in 2000 and became the Republican presumptive nominee in 2008. McCain survived the political scandal by, in part, becoming friendly with the political press, and in part by not letting the controversy detract from his work as a senator.[28]
The scandal was followed by a number of attempts to adopt campaign finance reform—spearheaded by U.S. Sen. David Boren (D-OK)—but most attempts died in committee. A weakened reform was passed in 1993. Substantial campaign finance reform was not passed until the adoption of the McCain-Feingold Act in 2002.

If you heard that John McCain dumped his first wife for a rich socialite who helped launch McCain's political career... well, that's pretty much true. McCain came back from Vietnam to find his wife had been in a horrific car accident. As a result, she had gained some weight. Perhaps, the story goes, her altered physical appearance was a factor in his pursuit of 25-year-old socialite Cindy Hensley, who he would soon marry, after securing a tidy, uncontested divorce from poor Carol.
McCain's second wife, Cindy, has also been smeared as a former drug addict. Between 1989 and 1992 she became addicted to painkillers. She admitted to stealing pills from a charitable organization she ran at the time. Cindy McCain was never prosecuted and allegations that McCain intervened on her behalf have never been substantiated. No worse behavior than, say, a certain popular talk show host that really dislikes Cindy McCain's husband.

On March 15, 2008, the Sun-Times Staff published the transcript of a 92-minute interview with Barack Obama about Tony Rezko and the Hyde Park house transaction, among other things. Why won't the Chicago newspaper point out this interview to the world now since it would debunk the McCain camp's latest false accusations? If Lynn Sweet doesn't think it's important to re-release this interview now, I do! Here's the link: www.suntimes.com/news/politics/obama/844597,transcript031508.article

LYNN SWEET REPLY
I do think the transcript is important--and I made sure we highlighted the link in the web package featuring this story.

BARACK OBAMA WAS ON SCHOLARSHIP AT EVERY SCHOOL
YOU NAMED!
STOP GRASPING AT STRAWS!
THE MAN ALSO TOLD YOU HE HAD STUDENT LOANS, AND
THANKS TO WRITING A BOOK, HE AND HIS WIFE WERE
ABLE TO PAY OFF THEIR STUDENT LOANS!
THE OBAMA'S DIDN'T GROW UP WITH ANY SILVER SPOONS
IN THEIR MOUTHS!
HOW DO YOU KNOW HIS FAMILY DIDN'T HELP HIM?
HE DID WORK!
READ AND THINK BEFORE YOU SAY STUPID THINGS!

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Lynn Sweet

Lynn Sweet is a columnist and the Washington Bureau Chief for the Chicago Sun-Times.

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