Leading up to tonight's second Presidential debate, the residue
from the recent attacks from both the Sen. John McCain and Sen.
Barack Obama camps invoking the names of Bill Ayers, the 60's
Weatherman Underground radical, and Charles Keating, the disgraced
owner of the failed Lincoln Savings and Loan Bank, may trump the
main issue of voter concern, the collapsed economy.
When McCain's Vice Presidential running mate Gov. Sarah Palin
spoke this past Sunday took shots at Obama's past association with
the former radical Ayers, the Obama camp waisted no time in firing
back with a 13 minute video documentary of McCain's role in the
S&L scandal involving Keating. The case, infamously known as,
the Keating 5 case.
The main difference between the two charges is that the Obama
charge has proven to have more resonance. The reason being that the
Keating documentary Obama released on Monday came during a day when
the Markets further collapsed with a massive plunge of the DOW
which fell bellow 10,000 for the first time since 2001. Not to
mention that there was a Congressional hearing taking place during
the release of the Obama bombshell video.
What the net result of all of this resulted in was an across
the board plunge in all the leading polls nationwide for McCain.
This is sending the McCain supporters into overdrive, or Palin
calls it the "heels on, gloves off" strategy. Obama's supporters
are making it clear that they are not allowing that strategy to
distract their message of the economy over smear.
While Palin's dive into Obama's character over her
description of Obama's connection to Ayers, It's obvious that
Obama's camp took plenty of time preparing the documentary that
they released. Apparently they were waiting for McCain to open the
door for them to release their secret weapon of mass media.
While the video was released, the Congressional Oversight
Committee grilled former Lehman Brothers CEO Richard Fuld who is
estimated to have walked away from his embattled company with an
estimated 484 million dollars, according to the Baltimore Sun. Rep.
Elijah Cummings (D-Md.) said "I don't know how he sleeps at night."
The calamity of the markets has created a strange correlation
between this current crisis and the Keating 5 scandal. CNN did a
fact check and determined that while Palin's claims against Obama
have been discounted, Obama's documentary was credited as being
factual. That should make tonight's debate very interesting,
especially since it is a town hall formatted affair.