Please watch this. Please pay close attention to the point, which is that the mistakes John McCain made in the Keating Five scandal are the very same mistakes he’s making today. Forget about the mudslinging he’s doing, forget about the nastiness, forget even about Sarah Palin for a minute. Watch this video and listen carefully to this: John McCain exercised poor judgment when he chose to override regulators in favor of Keating (and cost the taxpayers 3.4 billion dollars), and he’s doing it again now.

This is not mud. It’s truth. If John McCain still thinks deregulating markets is the answer, then he really is without a clue. And if he is finally coming around to the idea of regulatory restraints on the markets (which I doubt), it’s highly doubtful that he would support those restraints fully, given his aversion to deregulation and associations with anti-regulation cronies.

Remember this, when you hear the claim that McCain and Palin are straight-talking: Fraud is the creation of trust, and then its betrayal.

Bonus: 30 Lies McCain has told about Obama, debunked.