Keaton 5 Facts - MCCAIN DIRECTLY BENEFITED FROM CHARLES H. KEATING:McCain and Keating had become personal friends following their initial contacts in 1981, and McCain was the only one of the five with close social and personal ties to Keating. Like DeConcini, McCain considered Keating a constituent as he lived in Arizona. Between 1982 and 1987, McCain had received $112,000 in political contributions from Keating and his associates. 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.
FOUND THESE INTERESTING FACTS ON BLOOMBERG, CNN AND YOUTUBE:
WHOS TO FLAME FOR GAS PRICES, UNEMPLOYMENT HIGHEST IN 5 YEARS (DURING BUSH’S TERM), WORLD DISRESPECTING THE USA, AND YES FORECLOSURES - HERE IS WHY IT IS THE REPUBLICANS FAULT…..
MCCAINS HISTORY:
S&L SCANDAL - MCCAIN - KEATON CONTRIBUTIONS - 1987
MORTGAGE MELTDOWN - AMERIQUEST CONTRIBUTIONS - 2005
WALLSTREET BAILOUT - 2008
Here is how you got stuck paying the BAILOUT bill courtesy of Bush and McCain
MCCAIN RECEIVED MONTHLY CONTRIBUTIONS FROM THE AMERIQUEST MORTGAGE PRESIDENT FOR DEREGULATIONS FOR THE PRIVATE LENDER AND TO INCREASE PROFIT BY INCREASING INTEREST RATES ON EXISTING LOANS IN 2005.
WOW BUSH MCCAIN SCANDAL TIMELINE:
-THE MORTGAGE MELTDOWN WAS NOT THE DEMOCRATS, CONSUMER, OR HOMEOWNERS FAULT, IT WAS THE POOR NAÃVE GREEDY AND FAIL REPUBLICAN LEADERSHIP WITH REPUBLICAN SUPPORT.
-BUSH/MCCAIN BOTH HAVE A LONGTERM RELATIONSHIP WITH AMERIQUEST PRESIDENT ROLAND E. ARNALL.
-BUSH’S NAÃVITY & GREED WANTED TO RAISE INTEREST RATES TO INCREASE BANK REVENUE LIKE OUR GAS PRICES - BANKS WEREN’T MAKING ENOUGH ON 3-5% INTERST RATE LOANS.
-GREENSPAN REFUSED TO RAISE INTEREST RATES BECAUSE GREENSPAN KNOW TO WOULD OVER LOAD HOMEOWNER’S BUDGETS AND TIGHTEN OUR ECONOMY FLOW.
-BUSH THEN REPLACED GREENSPAN ON JANUARY 31, 2006 FOR A YES MAN (like McCain and palin) WITH BEN BERNANKE.
-BEN BERNANKE THEN FOLLOWS BUSH ORDERS AND RAISES INTEREST RATES ON EXIST LOANS - YOUR MORTGAGE CONVENIENTLY WHEN MOST ARMS WERE ABOUT TO EXPIRE
-NOW WITH THE HIGHER INTEREST RATES LESS PEOPLE CAN AFFORD YOUR HOUSE BECAUSE MONEY IS MORE EXPENSIVE TO GET FROM LENDERS
-MOST INTEREST ONLY AND ARM MORTGAGES WERE FROM PRIVATE LENDERS LIKE BUSH AND MCCAIN’S BUDDY THE PRESIDENT OF AMERIQUEST (On the same day that the White House announced that President Bush is nominating California billionaire Roland E. Arnall to be ambassador to the Netherlands, the company he controls said it would set aside $325 million for a possible settlement of allegations of predatory lending tactics.)
-MCCAIN ALSO HAD A CONTINUED RELATIONSHIP FOR YEARS WITH AMERIQUEST PRESIDENT Roland E. Arnall AND RECEIVED DE-REGULATION MONEY TO VOTE IN AND RALLY OTHER REPUBLICANS TO VOTE FOR GREENSPAN’S REPLACEMENT, BEN BERNANKE TO FOLLOW BUSH ORDERS WITHOUT BERNANKE IMPUT OR CHALLENGE.
-INTEREST RATES ARE RAISED TO FAST TO KEEP UP WITH FAMILIES BUDGETS OR OPTIONS TO SELL BECAUSE NOW LESS PEOPLE CAN QUALIFY FOR YOUR HOME.
-IT IS VERY VERY IMPORTANT THAT HOMEOWNERS KNOW - AT A 3-5% INTEREST RATE YOU ARE QUALIFIED FOR YOUR CURRENT OR YOUR PAST FORECLOSED HOME
-AT 8% OF COURSE YOU QUALIFY FOR A SMALLER LOAN BECAUSE MONEY IS MORE EXPENSIVE BORROW.
-BECAUSE OF THE FAILED AND NAÃVE GREED FROM BUSH WITH THE HELP OF MCCAIN’S SENATE VOTE TO PUT BEN BERNANKE IN GREENSPANS POSITION WE ARE NOW IN THIS HORRIBLE BAIL OUT MESS
-ONCE THERE ARE LESS BUYERS IN YOUR NEW PRICE RANGE. YOUR HOME STAYS ON THE MARKET LONGER
-FORECLOSURES START TO INCREASE AT THIS TIME
-NOW YOU HAVE SLOWER SALES AND FORECLOSURES AS COMPS FOR NEW BUYERS WHO ARE TRYING TO QUALIFY FOR LOANS TO PURCHASE YOUR HOME.
-THUS LEADS TO THIS MARKET FROM THE CONTINUED INCREASE OF THIS CYCLE OVER AND OVER AGAIN COMPLIMENTS BUSH AND MCCAIN
-THANKS BUT NO THANKS - DARN IT TO LATE FOR THAT
-THIS BAILOUT SHOULD HAVE BEEN STARTED FROM HOMEWONERS UP NOT WALLSTREET DOWN OVER TWO YEARS AGO LIKE OBAMA SUGGESTED
-THAT WOULD KEEP THE LOANS CURRENT WITH LESS CASUALTIES OF BUSH/MCCAIN’S CONTINUED POOR DECISIONS AND HORRIBLE MISTAKES
NOW HOW IS THIS THE DEMOCRATS FAULT OR THE HOMEOWNERS FAULT WHEN BUSH RAISED THE INTEREST RATES TOO HIGH AND TOO FAST TO RUN STEADY WITH THE MARKET
IT IS BUSH/MCCAIN’S FAULT AND ONLY THEIR FAULT
MCCAIN DID THIS BEFORE WITH THE S&L SCANDAL IN 1987 AND THEN CREATED AN ACT THAT MCCAIN DOESN’T EVEN FOLLOW HIMSELF
THIS MELTDOWN IS 8 YEARS OF BUSH’S FAILED AND IMBARASSING ATTEMPT TO RUN OUR COUNTRY - WE HAD ENOUGH OF THE REPUBLICAN 6 PACK OF BEER AND PORK
ITS TIME FOR THE SUPLUS THAT BUSH WENT INTO OFFICE AFTR BILL CILNTON, THE DEMOCRATIC SYSTEM DOES NOT WORK WHEN BUSH/MCCAIN GREED IS INVOLVED, MOST FORECLOSURES WERE CAUSED BY THE INCREASED INTEREST RATES OF ARM AND INTERST ONLY MORTAGES, NOT THE BLAMED FANNIE AND FREDDIE MAC LIKE THE REPUBLICANS WANT YOU TO BELIEVE - IT IS THEIR FAULT…..
