Obama Campaign to Highlight McCain Involvement in Keating 5 Scandal

Mccain_2At the end of September, Jonathan Alter told Keith Olbermann that McCain is lucky nobody had yet mentioned the Keating Five scandal, after which the Arizona Senator did nothing to try to prevent another crisis from happening down the road. It appears McCain's luck has run out in that regard.

The Obama campaign has launched a new site, Keating Economics, where they'll release a 13-minute documentary at noon today meant to draw attention to McCain's involvement in the 1989 scandal.

The move comes after a weekend of smears from the McCain campaign, including one campaign stop rally at which Sarah Palin accused Obama of "palling around with terrorists" by citing his former neighbor, 60's radical William Ayers.

Obama-Biden communications director Dan Pfeiffer told Politico: "While John McCain may want to turn the page on his erratic response to the current economic crisis, we think voters will find his involvement in a similar crisis to be particularly interesting. His involvement with Keating is a window into McCain’s economic past, present, and future."

As a supplement to the Keating 5 website, the Obama campaign has released a 30-second spot tying McCain's involvement in that scandal to the current economic crisis.

Watch it, AFTER THE JUMP...