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Old 10-09-2008, 06:23 AM
 
Location: San Diego
2,311 posts, read 2,828,635 times
Reputation: 893

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Sarah Palin is a no information voter.

This isn't a game. The global economy is failing as we speak. As the sole superpower we are capable of pulling the strings. Our policies are a failure right now. McCain has no plan. McCain is a flip-flopper and has admitted that he doesn't understand the economy.


YouTube - John McCain: Economic Disaster

McCain's newest plan is to buy up every upside-down mortage in an effort to socialize housing and create an artificial basement in the housing market

JohnMcCain.com - McCain-Palin 2008 (http://www.johnmccain.com/Informing/Issues/Read.aspx?guid=b9af0d4c-9c0e-4a97-b27f-19df8cfec83d - broken link)

Having been hit with an average loss of 20% in the market people are not going to be able to retire as they planned as they watch their life savings disappear in a market that McCain is willing to let fail.

Thanks for proposing a plan that lets people who are responsible pick up the tab for the rich and the ridiculous John. I'm glad I put my money aside and didn't collect any debt, or borrow more then I should have. I guess you want me to pay for the losses in the housing market that you will incur with your 13 homes John.
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Old 10-09-2008, 07:04 AM
 
Location: The Beautiful Pocono Mountains
5,450 posts, read 8,761,014 times
Reputation: 3002
So, you think we should pay for people that got mortgages when they shouldn't have, ie. the poor??
It seems to me that the rich will be able to pay for their homes. The bailout is to bailout people that should never have bought to begin with.
Let's face it, there are some that will never own and shouldn't because they make too little.
I don't want to bail them out either.

I'm tired of paying for things I have nothing to do with.
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Old 10-09-2008, 07:10 AM
 
Location: San Diego
2,311 posts, read 2,828,635 times
Reputation: 893
Quote:
Originally Posted by Jerseyt719 View Post
So, you think we should pay for people that got mortgages when they shouldn't have, ie. the poor??
It seems to me that the rich will be able to pay for their homes. The bailout is to bailout people that should never have bought to begin with.
Let's face it, there are some that will never own and shouldn't because they make too little.
I don't want to bail them out either.

I'm tired of paying for things I have nothing to do with.
No that is exactly what McCains new plan is. He wants the taxpayer to put up 300,000,000,000 to bailout upside-down borrowers.

Read the info in the second link. That is what John McCain wants to do on top of the 700,000,000,000 dollar bailout that he already suspended his campaign to pass.
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