Posted on 04/11/2008 5:39:30 PM PDT by NormsRevenge
LUBBOCK, Texas - Republican John McCain defended his latest plan to help some homeowners pay their mortgages, saying Friday it was not a reversal of his earlier opposition to aggressive intervention by the government.
The likely Republican presidential nominee on Thursday proposed to help 200,000 to 400,000 homeowners trade burdensome mortgages for manageable loans, a plan that would cost $3 billion to $10 billion.
Democratic rivals Sens. Hillary Rodham Clinton and Barack Obama argued that McCain was flip-flopping. Last month, he said he preferred only limited intervention and letting market forces play out, drawing criticism from Democrats and some Republicans that he was being indifferent to Americans facing foreclosures and other economic pain.
McCain said their criticism was "just factually incorrect."
"I said there shouldn't be a broad government bailout," he told reporters Friday in Dallas.
"But I said very clearly — and I'd be glad to get a record of what I said — I said the government has to enact reform to prevent the kind of crisis we have, and there was a role for government, and I supported a bipartisan solution," McCain said.
His plan falls in the middle; it would help twice as many homeowners as President Bush and fewer than half as many as congressional Democrats.
McCain held a rally Friday in an airport hangar after holding fundraisers in Dallas and Lubbock.
"I think you all know," he told the crowd in Lubbock, "Americans are sitting around the kitchen table, and they're trying to figure out a way to keep their home and realize the American dream."
saying Friday it was not a reversal of his earlier opposition to aggressive intervention by the government.
Ummm, yes it is!!!
... I said the government has to enact reform to prevent the kind of crisis we have, and there was a role for government, and I supported a bipartisan solution,” McCain said.
His plan falls in the middle; it would help twice as many homeowners as President Bush and fewer than half as many as congressional Democrats.
God McCain sucks so badly, if he weren’t running against the Fred and Ethel of socialism he’d have no chance at all.
And they have been for generations, centuries, and most of 'em manage. Especially those who conduct themselves responsibly in everyday life.
I don’t know whether that photo is real or not but I do think the rule of “the accuser being guilty” has never been more eloquently portrayed by an image.
The cancer is eating away at McCain’s brain cells like an unstoppable rebel force.
Steve Schmidt, foreground, right, Greg Wendt, background, right, and Lisa Wendt, advisers to Republican presidential candidate, Sen. John McCain, R-Ariz., watch as press secretary Brooke Buchanan tosses an orange down the aisle during a bowling game on board the campaign charter airplane, Friday, April 11, 2008. (AP Photo/Mary Altaffer)
Translation: "I'm from the government, and I'm here to help.")
(Translation of the Translation, for McCainiacs: the preceding quote was taken from a man by the name of Ronald Wilson Reagan. He was something we call a conservative. My, but that's a big, unfamiliar word, isn't it -- ?!?)
I think he's afraid that he might actually get stuck with the job of being president, so he keeps coming up with more ideas on how to lose.
Republican presidential candidate, Sen. John McCain, R-Ariz., speaks to reporters during a news conference at Dallas Love Field Friday, April 11, 2008 in Dallas, Texas. (AP Photo/Mary Altaffer)
These guys have the right idea:
McCain would do well to listen.
There are few problems so big that government can’t make them worse.
There is no defending his big government plans. You are right, government will be getting bigger no matter who lands our top job this time around. We are rapidly becoming a pure democracy, and we all know what that means if left unchecked:
“A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largesse from the public treasury. From that moment on, the majority always votes for the candidates promising the most benefits from the public treasury with the result that a democracy always collapses over loose fiscal policy, always followed by a dictatorship. The average age of the world’s greatest civilizations has been 200 years.”
—Alexander Fraser Tytler (1747–1813).
Unfortunately,,
No Fault Gubamint is the order of the day...
and it is an election year too,, an excellent opportunity to buy votes with OPM.
besides,, We’re all victims these days , yaknow...
Of predatory politicos and lenders. :-)
Unfortunately,,
No Fault Gubamint is the order of the day...
and it is an election year too,, an excellent opportunity to buy votes with OPM.
besides,, We’re all victims these days , yaknow...
Of predatory politicos and lenders. :-)
But really, I just wanted to see how my new tagline looked.
Looks good.
now if I could figure out my darn double posting, may have to retire this mouse..
The two types that got caught were the "get rich quick house flippers," and the morons who didn't understand what they signed (zero down, zero principle payment, ARM).
10 billion... So, that’s $100 each for 100 million taxpayers.
The man is insentient.
You could float McCain in an aircraft carrier in a swimming pool and he’d roll off and drown.
I know God made stupid people for a reason, but must it be to occupy the whitehouse chair?
Not really. Given that it's Juan doing the proposing, in this particular instance: illegal aliens will most likely get double.
Which is exactly as it should be.
If McCain is proposing to spend $3 billion to $10 billion to help 200,000 to 400,000 homeowners refinance their mortgages is proposing to take money from the other 300 million Americans to pay for the mistakes of 200 to 400 loosers who can’t be bothered to learn enough about managing their money to avoid a stooped mistake.
McCain in proposing another give away is once again showing his socialist tendencies.
I am really tired of these politicians using my money to buy votes.
I know I’m a fuddy-dutty, but I always get an odd feeling seeing someone use food like that (like the turkey bowling some T.V. hosts do at Thanksgiving). A waste of good food, and childish.
I don’t know who the next President will be but I do know it won’t be John McCain.
Nicely cryptic, with just the faintest minty aftertaste of zen. ;)
Statements like this from McCain are why I’m voting for Al Sharpton this time around.
It’s not a reversal, just the lite conservatism of the liberalized Republican Party. Get behind it, and be glad you aren’t getting the full Socialism of Obama. At least with McCain, taxpayers will be helping private citizens pay for private property they can’t afford. Do you really think Obama would let the property stay in private hands? We’ll be paying off mortgages people shouldn’t have taken, so their homes can become public housing they can rent with Section 8 vouchers. Go McCain, rah, rah, rah. He is saving us from a far worse fate, and making the Republican Party safe for Democrats.
Of course McCain sees "government" solving the problem, since he's all about "doing something".
How did we end up with 3 f'ing idiots running for POTUS.
"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." - Manuel II Palelologus
$10B for 400,000 homeowners is $25,000 each. What do I have to do to qualify—skip a couple of mortgage payments? Consider it done.
is there anybody (besides freepers) who think it is just wrong to steal money from one group and give it to another?I mean how does that make the country richer?
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