Politico's Mike Allen is reporting that the Obama campaign is set to unveil, at noon eastern on Monday, a 13-minute documentary about John McCain's involvement in the Keating Five/Savings and Loan scandal of the late '80s. The short film (campaign ad?) will launch on a new website - KeatingEconomics.com.
One assumes that the campaign ordered up this film some time ago and was waiting for the right moment to inject it into the race for the presidency. Obama's campaign had not spent a great deal of time pressing the Keating Five story until this weekend when stories began to leak that the McCain campaign planned on using Obama's tenuous relationship with former Weather Underground leader William Ayers in an effort to "turn the page" on the economic stories that have garnered headlines and precipitated a downturn in McCain's poll numbers.
Still, it's curious to think of the Obama campaign having a documentary on this subject in their back pocket. For a campaign determined not to repeat the mistakes of slow-to-respond Dems Dukakis and Kerry, one wonders what other docs they might have hidden.
Trailer after the jump.
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