Skip to comments.McCain, in Shift, Asks Government To Step Up in Housing Crisis
Posted on 04/11/2008 10:45:21 AM PDT by my_pointy_head_is_sharp
McCAIN, IN SHIFT, ASKS GOVERNMENT
TO STEP UP IN HOUSING CRISIS
By Laura Meckler and Elizabeth Holmes
April 11, 2008
John McCain called for an aggressive federal government role aimed at stabilizing the housing market, rejecting a largely hands-off approach he outlined two weeks ago.
The likely Republican presidential nominee's prescription included a heavy dose of policy more typically associated with Democrats, as he sought to show voters he understands their economic pain. Most significantly, he urged the federal government to guarantee new mortgages for homeowners at risk of foreclosure.
(Excerpt) Read more at online.wsj.com ...
is this a flip or a flop?
Neither...it’s shamelessly pimping for votes.
"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
So this is what leadership looks like with John McAmnesty.
Ya think he can get them to cut my payments in half?????????? What the hell.....let’s go to socialism all the way.
“The assistance would be available only to “deserving homeowners” with mortgages on their primary homes who would be able to afford the new terms, including those whose mortgages had adjustable rates that are resetting at unaffordable levels. Speculators and investors wouldn’t be eligible.Aides said his housing plan still differed from the Democratic proposal in important ways. Under the McCain plan, homeowners — not lenders — would apply to participate in the program. If lenders apply, they are likely to stick the government with the loans most likely to fail, said Douglas Holtz-Eakin, Sen. McCain’s chief economic adviser. If homeowners apply, the government is likely to wind up insuring a healthier mix of loans, he said.”
This is why we don’t want this guy as president. We would have NO party and stand for NOTHING. If americans want socialism, let the socialists party give it to them.
He’s being McCain.
He can’t help himself. He’s our version of a Kerry or Hillary.
Sad that this is all the Republicans can come up with.
“Put the government in charge of something and watch it fall apart.” -Ronald Reagan
Just who are those Mr. McCain?? This S$$t is about to go overboard - Big Time. I can just imagine who the 'Deserving' Homeowners are, the usual suspects.
“is this a flip or a flop?”
I think this may be just another man discovering just how serious this is. Not that I support any government intervention.
The fed is terrified: http://seekingalpha.com/article/71907-the-fed-is-terrified?source=d_email
The main thing I learned about the Bush years was weakness. "Read My Lips" Bush pulled a truce out of the hat of overwhelming victory in Operation Desert Shield and Storm and enabled Saddam Hussein to reconstitute his beaten Iraqi Revolutionary Guard without fear or repercussion. "Mission Accomplished" Bush was allowed himself to be hoodwinked by Field Marshal Don Dumbsfeld into fighting a two-front global war on terror on the cheap (in terms of forces and funding) when just about every schmo who's ever worn a uniform was cognizant of the fact that not EVERYONE would be welcoming Americans as liberators, especially after "Read My Lips" Bush pulled the liberation rug out from under them the first time we were in country.
If nothing else gets accomplished, at least John Wayne McCain will fulfill his job as Commander-in-Chief and that's really all that matters to me as some one who does not EVER want to see American blood wasted (I'm a Vietnam vet). I really could care less about other issues (i.e. health care, abortion, gay rights, gas prices or if the country goes into a depression).
Fiscally responsible... ROTFLMAO
Well, here’s one more thing McCain supporters can ignore in order to vote for the Democrats best friend.
Couldn’t agree more.
"Mama alwuz sayd: 'Forrest, Lib'rul IS As Lib'rul DOES'."
Don’t take this as an attack, but I think you’re dreaming when you suggest McCain is going to do the right thing by the military.
Look, if you just look at McCain over the years, it’s impossible to come away not realizing he has been a miserable failure as a conservative. If the guy isn’t running for the top spot in the land, I can live with it. If he is, I can’t.
I can’t find more than one or two instances of John actually standing on the right side of an issue. I know his voting record is supposed to be stellar, but the real world stuff I’ve seen doesn’t reflect it one bit.
So what I am left with is the idea that this guy has much more often than not ruled from the left side of the isle. Why then do you and others think he’s going to all of a sudden be a conservative when it comes to the military? Seriously!
We haven’t seen his true colors there. He isn’t in a position of leadership with the military today, yet what we can see isn’t all that convincing.
He wants to close Guantanamo. He doesn’t support water boarding. He wants those terrorists to get a trial, and I think he means a civil trial. And yet folks tout him as a man who is going to be the consumate conservative leader of our military.
Well, if he does turn out to be one, it will be a 180 degree departure from his propensity to rule as a democrat.
I don’t believe he can do it, and once it’s too late you’re going to be sorry you every put this guy into the position of CIC. If he wants to do something negative, the RNC, the Republicans in Congress and a great many people on this forum will find a way to explain away the danger and back him.
Heaven help us if this man gets anywhere near 1600 Pennsylvania avenue. He will have no oppostion.
Opposition is the operative word for the next four years. If we don’t have it, we have nothing too sacred to be destroyed.
Wouldn't it be nice to see this headline? McCAIN, IN SHIFT, ASKS GOVERNMENT TO CRACK DOWN ON ILLEGAL IMMIGRATION
And would you believe it if he did?
Just judging by his voting record on the Senate Armed Services Committee, he's the a stalwart and consistent support of all things military...Look, former Sen. Sam Nunn of Georgia was a Democrat so was for Sen. Henry "Scoop" Jackson. But both were pro-military types...and that comes first with me because nothing will ever trump the protection of this nation, IMO.
He wants to close Guantanamo.
What's wrong with moving the prisoners there here? And, what's the use of keeping it as Raoul is on his last legs and Fidel is just about ready to croak (if not dead already)? Though, I will grant you that Cuba makes fine argument for a 100 year Iraqi stay because we've been in Cuba exactly that long.
He doesnt support water boarding.
Sleep deprivation works just as well.
He wants those terrorists to get a trial...
The Israeli government gave Adolph Eikman a trial...he still lost.
And yet folks tout him as a man who is going to be the consumate conservative leader of our military.
Well, at least he gets points on backing the right people in the military to get the job done: (liek Petraus). "Mission Accomplished" Bush let 5-time draft deferred Dick Cheney and no-combat, extremely brief time-as-a-Navy-flight instructor Rumsfeld run the war. And, look what happened.
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