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The 63-year-old senator admitted that “there have been times when I have probably been influenced” by campaign donatoins. Many listeners found the frankness refreshing and assumed he was talking about the cause celebre of the 1980s when McCain was one of the notorious Keating Five, named after convicted savings-and-loan executive Charles Keating.

In the presidential campaign, McCain had confided that his intervention with bank regulators on Keating’s behalf was the worst mistake of his adult life, one that caused him as much anguish as spending five years in a North Vietnamese prisoner-of-war camp. The Arizona Republican said the incident taught him that “the appearance of impropriety” can be as damaging as actual wrongdoing.

But little did his listeners in Claremont know that McCain had just written letters to the Federal Communications Commission on behalf of Paxson Communications, a major campaign contributor. Literally on the eve of the Claremont appearance, McCain was pressing the FCC to rule on Paxson’s proposed purchase of a Pittsburgh TV station.

When The Boston Globe disclosed the Paxson intervention a few weeks after the Claremont summit, McCain handled the disclosure with aplomb, even chutzpah. The chairman of the Senate Commerce Committee argued that he had done nothing wrong and that the suspicion falling on him only reinforced his argument for campaign finance reform.

“We’re all tainted,” McCain said. “We’re all under suspicion as long as Washington is awash in special interest money.”

He soon released documents showing that he had intervened for many others, including other large campaign contributors. In the Paxson case, McCain insisted that he was simply “telling a bureaucracy to act,” not instructing them how to act. McCain also reminded NBC’s Tim Russert that “members of your network contact me too on telecommunications matters.”

But the argument echoed the defense raised in the Keating Five case. The five senators — McCain and Democrats Don Riegle, Dennis DeConcini, Alan Cranston and John Glenn — claimed they were simply performing a constituent service, raising Keating’s objection that unreasonable regulators were hurting his Lincoln Continental Savings and Loan. The senators met with federal banking officials twice, but stopped all efforts when told the case was going to the Justice Department.

Despite the garden-variety quality of the Keating Five episode, it exploded into a major scandal when it was disclosed that the senators had received large campaign donations from Keating.

The Keating Five came under a damaging ethics investigation, with McCain and Glenn drawing the lightest reprimands, only a finding that they had shown poor judgment. McCain also agreed to pay back tens of thousands of dollars in personal and campaign largesse from Keating.

http://www.consortiumnews.com/2000/012900b.html

~~~

If there’s one thing McCain has, it is chutzpah.
He and the EvilSHE would make a good pair.


2 posted on 01/17/2008 10:04:28 PM PST by STARWISE (They (Dims) think of this WOT as Bush's war, not America's war-RichardMiniter, respected OBL author)
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To: STARWISE
Oh, but McCain already has a like minded partner in the person of the Hero of Chappaquiddick, Ted Kennedy-—a person equal, in all regards, to the EvilShe!
7 posted on 01/17/2008 10:31:51 PM PST by singfreedom ("Victory at all costs,.....for without victory there is no survival." Winston Churchill)
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To: STARWISE

...If there’s one thing McCain has, it is chutzpah.
He and the EvilSHE would make a good pair.”

Nay,nay !!^^
He and evilShe would make a very EVIL pair !!!
antiChrist anyone??

Not looking so good about now.


10 posted on 01/17/2008 11:03:05 PM PST by buffaloKiller ("No liberal is my brother, under the skin they are Orcs. Serving and doing evil endlessly.")
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To: STARWISE
The 63-year-old senator admitted that “there have been times when I have probably been influenced” by campaign donatoins.

So I'll take away free speech for the
rest of you maggots! ARRRGGGGHHH!

14 posted on 01/18/2008 3:32:24 AM PST by SkyPilot
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