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McCain’s Not-So-New Mortgage Proposal

Started by washingtonindependent · 9 months ago

MarketWatch takes a hard look at Republican nominee John McCain’s surprise proposal in last night’s debate to have the government buy up bad mortgages and renegotiate them.
If that idea sounded a little familiar, MarketWatch pointed out, that’s because the % ... Continue reading »

2 comments

  • vincent

    9 months ago

    McCain, Please ask Sarah Palin what the mortgage plan should actually become for the down trotted folks that have or about to lose their homes. Or, better yet, ask Cindy your wife to assist you in discovering a new processed plan. Oh Wait! they don't know either... Oh - Golly - Geeezzz! I guess were hosed.
    reply
  • Oddmoore

    8 months ago

    This is the smartest thing I've heard yet. There is NO easy way out of this mess. Everyone is going to find one thing or another to whine about. That's not fair! Why should we? Blah-blah-blah. It comes down to, fair or not, we need help and the sooner the better.
    Personally I hope Mccain gets the vote so he can "Actually" do something. As it stands now, the best we can hope for is "Maybe" the government would reduce interest rates and principals. More than likely they will opt for "other similar modifications.”
    Which will amount to squat.
    reply

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