MICHAEL O. ALLEN

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political corruption

Like I said . . .

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Patrick Fitzgerald, the United States Attorney for the Northern District of Illinois

Patrick Fitzgerald, the United States Attorney for the Northern District of Illinois

U.S. Attorney Patrick Fitzgerald is a public menace.

He makes it hard for people to exist and behave as they normally would in their natural habitat. Rod Blagojevich, Tony Rezko and others were doing only what came natural when Fitzgerald decided to stick his nose in their business. I mean, who ever heard of a person being arrested for a shakedown, especially when done properly, like Rezko and Blago do it?

If it were left up to me, it would be Fitzgerald who will be led off to the hoosegow, not our beloved governor. Listen to this description of Clean Fitz:

Kent Redfield, a political scientist at the University of Illinois, said Fitzgerald used indictments to pressure the governor’s confidants to turn on one another.
“It’s a message: You are in my sights, and I’d like to get you to come in and talk to me,” Redfield said. “It puts pressure on the person you indicted and puts on notice the next person up the chain.”
In seven years as U.S. attorney in Chicago, Fitzgerald generally has won strong reviews from government and defense lawyers alike. Obama is said to be considering keeping Fitzgerald in his job even though the coveted spots typically turn over with a new administration. But defense lawyers who have faced Fitzgerald say he can be hard-nosed when it comes to even small fish trapped in the government’s net.
One former prosecutor who knew Fitzgerald 20 years ago, when the U.S. attorney was a junior defense lawyer, said he was zealous in pursuit of his goals and offended by violations of the public trust.
“His line between right and wrong is very bright, and it’s very easy for him to see that line,” the former prosecutor said. “If there’s a brick wall, he’ll take it down brick by brick.”

That’s just not right.

McCain, the pot

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From the Obama campaign:

The current economic crisis demands that we understand John McCain’s attitudes about economic oversight and corporate influence in federal regulation. Nothing illustrates the danger of his approach more clearly than his central role in the savings and loan scandal of the late ’80s and early ’90s.

John McCain was accused of improperly aiding his political patron, Charles Keating, chairman of the Lincoln Savings and Loan Association. The bipartisan Senate Ethics Committee launched investigations and formally reprimanded Senator McCain for his role in the scandal — the first such Senator to receive a major party nomination for president.

At the heart of the scandal was Keating’s Lincoln Savings and Loan Association, which took advantage of deregulation in the 1980s to make risky investments with its depositors’ money. McCain intervened on behalf of Charles Keating with federal regulators tasked with preventing banking fraud, and championed legislation to delay regulation of the savings and loan industry — actions that allowed Keating to continue his fraud at an incredible cost to taxpayers.

When the savings and loan industry collapsed, Keating’s failed company put taxpayers on the hook for $3.4 billion and more than 20,000 Americans lost their savings. John McCain was reprimanded by the bipartisan Senate Ethics Committee, but the ultimate cost of the crisis to American taxpayers reached more than $120 billion.

The Keating scandal is eerily similar to today’s credit crisis, where a lack of regulation and cozy relationships between the financial industry and Congress has allowed banks to make risky loans and profit by bending the rules. And in both cases, John McCain’s judgment and values have placed him on the wrong side of history.

Did McCain Learn From the S&L Crisis?

The GOP nominee has supported fiscal deregulation and relaxed accounting for 20 years By John Dougherty,The Washington Independent, 9/29/08 5:08 PM

McCain’s recent history by LANNY V. STRICHERZ, the Argus Reader, SIOUX FALLS, SEPTEMBER 15, 2008

Keating 5 ring a bell? McCain’s past collides with the present Wall Street debacle by Rosa Brooks, the Los Angeles Times, September 25, 2008
At one time, John McCain said the worst thing that ever happened to him, Vietnam included, was the so-called Keating 5 scandal. “The Vietnamese,” he would say, “didn’t question my honor.”