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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: Zoltan! who wrote (6028)	9/27/1999 2:12:00 AM
From: chalu2	Read Replies (2) \| Respond to of 769667

McCain may have to drop out since it is difficult for a true man of conviction to raise campaign money in this country. Vicious? Moi? Why, because I want a true hero to lead this country rather than yet another draft-dodging, coke sniffing hypocrite? You repeatedly refer to McCain in connection with Keating. But he's never been proven to have done anything wrong. If you're so interested in Keating, et al., you might ponder that the S & L crisis was the product of rightwing deregulationists who next were going to disband the SEC. Before they could do that, it became clear that "getting government off the backs of bankers" had unleashed the largest crime spree in the history of the U.S. in terms of cost . Latest estimates are that the bailout costs will eventually total $1.4 trillion, or $6,000 for every man, woman, and child in the country. Credible estimates show that the damage could have been stopped at $20 billion, had not so many bank examiners been fired or re-assigned as part of the wonderful deregulation push. We can pick a few candidates for who was most responsible for the near collapse of the nation's banking system, but John McCain wouldn't be at the top of the list. You keep mentioning Keating, Zoltan!--you must be an expert in these matters. So, tell me, who were the politicians most responsible for bank deregulation and the resulting crisis (please name names)?