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<title>Slog - Comments on McCain’s Corruption Already Cost You Over 200 Billion Dollars, Taxpayer</title>
<link>http://slog.thestranger.com/2008/08/mccains_corruption_already_cost_you_over</link>
<description>Here are the minimal facts you should know about McCain&apos;s shady history with the financial services: 1. As early as 1985 the Federal Home Loan Lending Board (FHLLB) became concerned that shoddy lending practices at private Saving &amp; Loans were putting the governmental insurance funds (like FDIC), and in turn the US taxpayers, at tremendous financial risk. 2. Edwin Gray, the head of the FHLLB, tried to curtail this reckless lending by putting in very modest restrictions. 3. The Lincoln Savings and Loan Association was under investigation in 1986 for being one of most reckless federally insured lenders, blatantly ignoring...</description>
<copyright>Copyright 2008</copyright>
<pubDate>Thu, 21 Aug 2008 17:00:01 -0800</pubDate>
<lastBuildDate>Fri, 22 Aug 2008 09:22:11 -0800</lastBuildDate>
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<docs>http://blogs.law.harvard.edu/tech/rss</docs> 

<item>
<title>Comment by I know you are, but what am I?</title>
<description><![CDATA[<p>"(“To be blunt, <b>you should charge them</b> or get off their backs,”) rather [more] circumspect, McCain stormed off to maintain the patina of ethical conduct.</p>

<p>And i thought liberals were big on habeas corpus.<br />
I know, there real message was "get off their backs" and I bolded the wrong part just to be a smart ass, but that is the sort of things smart asses do!</p>

<p>Wasn't that roughly about the time Obama joined the Trinity United Church of Christ to maintain the patina of non-Muslimness?</p>]]></description>
<author>I know you are, but what am I?</author>
<link>http://slog.thestranger.com/2008/08/mccains_corruption_already_cost_you_over#c1110770</link>
<guid>http://slog.thestranger.com/2008/08/mccains_corruption_already_cost_you_over#c1110770</guid>
<category>2008</category>
<pubDate>Thu, 21 Aug 2008 17:39:10 -0800</pubDate>
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<title>Comment by raindrop</title>
<description><![CDATA[<p>According to Bob Bennett, who investigated the Keating Five scandal and was later Bill Clinton's counsel during the tawdry Lewinski affair, John McCain was only guilty of at the most poor judgement in that savings and loan scandal.</p>]]></description>
<author>raindrop</author>
<link>http://slog.thestranger.com/2008/08/mccains_corruption_already_cost_you_over#c1110795</link>
<guid>http://slog.thestranger.com/2008/08/mccains_corruption_already_cost_you_over#c1110795</guid>
<category>2008</category>
<pubDate>Thu, 21 Aug 2008 18:01:42 -0800</pubDate>
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<item>
<title>Comment by kinaidos</title>
<description><![CDATA[<p>@1 since nobody was under arrest there was no corpus to habere (sorry for the ugly pleonastic *to* there) - it takes quite a bit of work to make white collar cases, so the pressure was entirely transparent, except of course to @1</p>]]></description>
<author>kinaidos</author>
<link>http://slog.thestranger.com/2008/08/mccains_corruption_already_cost_you_over#c1110797</link>
<guid>http://slog.thestranger.com/2008/08/mccains_corruption_already_cost_you_over#c1110797</guid>
<category>2008</category>
<pubDate>Thu, 21 Aug 2008 18:04:15 -0800</pubDate>
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<title>Comment by John Bailo</title>
<description><![CDATA[<p>I think you have the story backwards.</p>

<p>SL&As were in general insulated not from government intervention -- but from the marketplace!</p>

<p>In a time where interest rates were surging, where the biggest business revolution since the Industrial Revolution was occuring -- the shift from Factories to Services and Computing, when demand for capital was great to fund the Microsofts, the Visicalcs, The Lotuses and the IT departments of tomorrow, SLAs thought they could do business like it was "It's a Wonderful Life".</p>

<p>In a sense McCain was pioneering a commercial bank approach while DemoLibs were footdragging (as usual).     But then, I think Enron was actually an innovator and good thing -- which is why they hung it out to dry!</p>]]></description>
<author>John Bailo</author>
<link>http://slog.thestranger.com/2008/08/mccains_corruption_already_cost_you_over#c1110804</link>
<guid>http://slog.thestranger.com/2008/08/mccains_corruption_already_cost_you_over#c1110804</guid>
<category>2008</category>
<pubDate>Thu, 21 Aug 2008 18:10:53 -0800</pubDate>
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<title>Comment by samdinista</title>
<description><![CDATA[<p>Approximately 73 years ago, the best part of John McCain ran down the inside of his mother's thigh, pooled on the cold linoleum of the bathroom floor, and became a pale, yellow stain.</p>]]></description>
<author>samdinista</author>
<link>http://slog.thestranger.com/2008/08/mccains_corruption_already_cost_you_over#c1110814</link>
<guid>http://slog.thestranger.com/2008/08/mccains_corruption_already_cost_you_over#c1110814</guid>
<category>2008</category>
<pubDate>Thu, 21 Aug 2008 18:20:23 -0800</pubDate>
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<title>Comment by F</title>
<description><![CDATA[<p>So why isn't this a campaign commercial yet?</p>]]></description>
<author>F</author>
<link>http://slog.thestranger.com/2008/08/mccains_corruption_already_cost_you_over#c1110820</link>
<guid>http://slog.thestranger.com/2008/08/mccains_corruption_already_cost_you_over#c1110820</guid>
<category>2008</category>
<pubDate>Thu, 21 Aug 2008 18:24:32 -0800</pubDate>
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<title>Comment by mrgrandefromage</title>
<description><![CDATA[<p>Since the nation is in the midst of John McCain's 'housing crisis', in which he tries to remember how many houses he owns, and we're all still trying to figure out why McCain thinks an income of $5,000,000/year is needed to be considered rich, it's worth revisiting McCain's opinion about the value of wages. In 2006 at an AFL-CIO convention, when asked about the effect of immigration in depressing wages, McCain declared that no Americans would be willing to do agricultural work for as little as $50/hour. At that rate, a worker would make as much in 6 months as the average annual household income in the US.</p>

<p>McCain responded by saying immigrants were taking jobs nobody else wanted. He offered anybody in the crowd $50 an hour to pick lettuce in Arizona.</p>

<p>Shouts of protest rose from the crowd, with some accepting McCain’s job offer.</p>

<p>“I’ll take it!” one man shouted.</p>

<p>McCain insisted none of them would do such menial labor for a complete season. “You can’t do it, my friends.”</p>

<p>Some in the crowd said they didn’t appreciate McCain questioning their work ethic. </p>

<p>A fake jobs program - the only kind Republicans favor. That's more than arrogant. McCain is totally out of touch with the realities of working Americans.</p>

<p>I'd love for voters to ask McCain at townhalls this summer and fall whether he still thinks nobody's willing to work for as little as $50/hour.</p>]]></description>
<author>mrgrandefromage</author>
<link>http://slog.thestranger.com/2008/08/mccains_corruption_already_cost_you_over#c1110825</link>
<guid>http://slog.thestranger.com/2008/08/mccains_corruption_already_cost_you_over#c1110825</guid>
<category>2008</category>
<pubDate>Thu, 21 Aug 2008 18:33:40 -0800</pubDate>
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<title>Comment by PC</title>
<description><![CDATA[<p>Nice article but long and very very wonky.</p>

<p>Take $200 billion, divide by adult population, that's 200 million roughly, so that 1000 per adult or $2000 for a family with two adults.  So say it in ten words or less:</p>

<p>John McCain cost your family $2000 already -- imagine what he'll cost you if he's president" (ka-ching ka-ching noises, dollars signs scrolling by faster and faster as  Mr. and Mrs. Bubba of Racoon Township Pa look on, distrautht).</p>

<p>Ten words or less. boil it down.  Ok, 15 words, but you know what I mean.</p>]]></description>
<author>PC</author>
<link>http://slog.thestranger.com/2008/08/mccains_corruption_already_cost_you_over#c1110869</link>
<guid>http://slog.thestranger.com/2008/08/mccains_corruption_already_cost_you_over#c1110869</guid>
<category>2008</category>
<pubDate>Thu, 21 Aug 2008 20:31:36 -0800</pubDate>
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<title>Comment by John Bailo</title>
<description><![CDATA[<p>John McCain is propping up the homeowner by holding on to so many depreciating assets.</p>

<p>Should he sell, it's be another 20% downturn in condos.   Now you Belltown 1-bdrm types wouldn't like that...would you?<br />
</p>]]></description>
<author>John Bailo</author>
<link>http://slog.thestranger.com/2008/08/mccains_corruption_already_cost_you_over#c1110895</link>
<guid>http://slog.thestranger.com/2008/08/mccains_corruption_already_cost_you_over#c1110895</guid>
<category>2008</category>
<pubDate>Thu, 21 Aug 2008 21:57:39 -0800</pubDate>
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<title>Comment by Will in Seattle</title>
<description><![CDATA[<p>Don't forget all the bailouts to cover the thefts by his son - which one his dad is in power, will ACCELERATE.</p>

<p>With McCain, it's Bush Tripled.</p>

<p>Triple the National Debt.</p>

<p>Triple the Trade Deficit.</p>

<p>And triple the Fraud.</p>]]></description>
<author>Will in Seattle</author>
<link>http://slog.thestranger.com/2008/08/mccains_corruption_already_cost_you_over#c1110913</link>
<guid>http://slog.thestranger.com/2008/08/mccains_corruption_already_cost_you_over#c1110913</guid>
<category>2008</category>
<pubDate>Thu, 21 Aug 2008 23:01:35 -0800</pubDate>
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<title>Comment by Vince</title>
<description><![CDATA[<p>Preaching to the choir. Waste of time. Too complicated for Joe Bigbelly.</p>]]></description>
<author>Vince</author>
<link>http://slog.thestranger.com/2008/08/mccains_corruption_already_cost_you_over#c1110947</link>
<guid>http://slog.thestranger.com/2008/08/mccains_corruption_already_cost_you_over#c1110947</guid>
<category>2008</category>
<pubDate>Fri, 22 Aug 2008 06:35:42 -0800</pubDate>
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<item>
<title>Comment by C</title>
<description><![CDATA[<p>this is a hack piece</p>

<p>take a party slary and get it over with </p>]]></description>
<author>C</author>
<link>http://slog.thestranger.com/2008/08/mccains_corruption_already_cost_you_over#c1110954</link>
<guid>http://slog.thestranger.com/2008/08/mccains_corruption_already_cost_you_over#c1110954</guid>
<category>2008</category>
<pubDate>Fri, 22 Aug 2008 07:43:52 -0800</pubDate>
</item>
<item>
<title>Comment by C</title>
<description><![CDATA[<p>this is a hack piece</p>

<p>take a party salary and get it over with </p>]]></description>
<author>C</author>
<link>http://slog.thestranger.com/2008/08/mccains_corruption_already_cost_you_over#c1110955</link>
<guid>http://slog.thestranger.com/2008/08/mccains_corruption_already_cost_you_over#c1110955</guid>
<category>2008</category>
<pubDate>Fri, 22 Aug 2008 07:44:05 -0800</pubDate>
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<title>Comment by max solomon</title>
<description><![CDATA[<p>Obama will fire this broadside AFTER the GOP convention/wake.</p>]]></description>
<author>max solomon</author>
<link>http://slog.thestranger.com/2008/08/mccains_corruption_already_cost_you_over#c1110988</link>
<guid>http://slog.thestranger.com/2008/08/mccains_corruption_already_cost_you_over#c1110988</guid>
<category>2008</category>
<pubDate>Fri, 22 Aug 2008 09:22:11 -0800</pubDate>
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