John McCain likes to tout his "experience" in Washington. 

It's true that he is no stranger to economic crises - he was in the middle of the S&L meltdown and found himself in deep trouble for influence peddling with his close friend Charles Keating.   McCain and 4 other Senators used their positions to deflect banking regulators away from Keating's Lincoln Savings and Loan, which ultimately failed, costing investors millions as part of the S&L collapse that cost American Taxpayers 500 Billion dollars.