McCain defended his attendance at the meetings by saying Keating was a constituent and that Keating's development company, American Continental Corporation, was a major Arizona employer. McCain said he wanted to know only whether Keating was being treated fairly ... At the second meeting, McCain told the regulators, "I wouldn't want any special favors for them," and "I don't want any part of our conversation to be improper."
In February 1991, the Senate Ethics Committee found McCain and Glenn to be the least blameworthy of the five senators. (McCain and Glenn attended the meetings but did nothing else to influence the regulators.) McCain was guilty of nothing more than "poor judgment," the committee said... he contributed $112,000 (the amount raised for him by Keating) to the U.S. Treasury.
The article also states that McCain and Keating were friends because both had been naval aviators, and that -- long before the scandal broke -- McCain's wife and father-in-law invested $300,000+ in one of Keatings strip malls. (I wonder how that worked out for the McCain family ... I'm guessing not well...)
I mean, if we're going to drag up every act of bad judgment a person has made in their life, why did you ever vote for George W?
In my experience, a man who drinks and drives is a much bigger asshole than a man who makes errors in financial judgment.
And a man who avoids combat is a bigger asshole than one who volunteers for it.
The babble about campaign finance reform pinching Amendment I is weak. Always has been. If you think it should be all shitcanned, than we won't elect a president from the people. We'll just be selecting from one of the two highest bidders.
Of course, the argument can be made that we've been doing that for some time now...