McCain would buy bad homeowner mortgages

AP ^ | Oct. 7, 2008

[cdchik123]

WASHINGTON (AP) - Republican presidential candidate John McCain is proposing a $300 billion program for the federal government to buy up bad home mortgages and allow homeowners to keep their houses.

[freebilly]

If he’s offering. Just sayin’....

[jeepers creepers]

Does that mean the government is going to pay off my mortgage? Too bad I didn’t buy a bigger house a few months ago. Darn!

[ken21]

if they did this,

it would have to be done before the inauguration

in order to be effective.

[Maelstorm]

He did propose a spending freeze on government agencies.

[cw35]

Let he and Cindy refinance bad loans and take the hit.

[Loyolas Mattman]

What burns me is that Sarah is going to have to go out tomorrow and defend this idiocy. Romney will be chomping at the bit to hang it around her neck in 2012 when it inevitably fails.

Sarah is an all-pro player on a 3-13 ball club. She's only the veep candidate - she can't be expected to carry McCain to a win, but it looks like she's going to have to because McCain is simply unable to do it for himself...

[9YearLurker]

Yes, except for the critical mortgage-buying agency.

[cdchik123]

I feel like he was trying to be populist but this will come off as really dumb imo.

[showpromid]

“How did it get down to these two?”

Exactly the question I’ve been asking myself.

[Not A Snowbird]

What the hell are we doing with the 700 billion? I thought that is what the government was already doing.

That's what I thought. I guess I''m confused.

[Pantera]

Atlas needs to shrug, and fricking fast. before it is too late.

[Maelstorm]

McCain did advocate a spending freeze. I think the mortgage Idea is stupid. He can’t out do Obama.

[rabscuttle385]

WASHINGTON (AP) - Republican presidential candidate John McCain is proposing a $300 billion program for the federal government to buy up bad home mortgages and allow homeowners to keep their houses.

More, and more, and more, he says!

The Juan McCain Truth File. "I have great respect for Al Gore." —John McCain, October 2, 2008 FR Keywords: mccaintruthfile, mcqueeg, mcbama Please tag all relevant threads with the aforementioned keywords. This can be a very high-volume ping list at times. To join the ping list: FReepmail rabscuttle385 with the subject line add  mccaintruthfile. (Stop getting pings by sending the subject line drop mccaintruthfile.) Republican Commissar’s Warning: By joining this ping list, you may be subjected to the delusional rants and ramblings of McCainiacs, of "moderate" Republicans, of pragmatic conservatives resigned to voting for the lesser of two Democrats, and of countless GOP shills who simply want to meet a new overlord. Per FR posting rules, please be civil and polite in your comings and goings.

[9YearLurker]

Yup, she’s a gamer, but her teammate has pretty much left her stranded here.

[YellowRoseofTx]

That was a bill that has already passed before the bailout bill, McCain just didn’t explain that part. I’ll bet most people watching didn’t even catch that.

[sierrahome]

Like my mom told me when I was a kid-”don’t worry honey it’s not real, it’s just television”.

[sbhitchc]

I was hesitant to put the McCain yard signs up in the first place. I guess I’ll take them down.

[arichtaxpayer]

My house is paid for. Can he pay for my truck?

[ari-freedom]

romney was also for the bailout. get em all out of here

[atc23]

I threw up in my mouth . . .

Again.

Has McCain had a stroke or something?

What is this dude smoking?