Thursday, October 16, 2008

Who is Joe the plumber?

Oops. Joe Wurzelbacher is Charles Keating's brother in law. That's Charles Keating, the man who with McCain's help destroyed Savings and Loans in America.

Mr. Keating's son-in-law is Robert Wurzelbacher, a senior vice president of American Continental, Lincoln savings and Loan's parent company, the American Continental Corporation.


The issue: Probably the biggest political embarrassment of John McCain's career emanated from his close ties to Charles H. Keating Jr., the high-flying owner of Lincoln Savings & Loan who later went to federal prison. Lincoln's failure would ultimately cost taxpayers $3.4 billion, the most expensive rescue of the S&L crisis in the late 1980s.

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