Yeah, it’s political. It’s also relevant. While the ‘but the Republicans would do it’ argument often gets old, it is totally apt here. It would be one thing to go after McCain’s failed first marriage – which the right would totally have milked if the situation were reversed – but the Charles Keating scandal and the S&L crisis, in which McCain was deeply involved, is directly related to what is currently happening on Wall St.
McCain is preparing an onslaught on Obama’s character, due to a free-fall in the polls. The Obama campaign is showing their teeth here and they’re using the truth. Good stuff. This is how smart politicians play the game.