Tuesday, October 7, 2008

The Keating Five

I wanted to recommend something for everyone to check out that I think is rather important to not just our economy but the potential risk on our health care as well.



There is a video above.


I mention health care here because of the common denominator, DEREGULATION. One of the things John McCain is calling for in his health care plan is the deregulation of the health care industry. The same thing he pushed for in the financial industry that directly led to the Keating Five scandal and the current sub prime crisis is the same thing he's calling for in the health care industry.

I'm not saying Obama's health care plan is amazing or anything, but we have ongoing examples, that can't even be refused by our existing administration of why further deregulation is not the answer.

Please take the time (13 minutes) to watch the above documentary on John McCain's heavy involvement in the Keating Five Scandal. There's a reason the McCain campaign doesn't want us looking back when we're talking about change going forward. But if we don't look back at the past, how are we going to avoid repeating it in the future?