What Do You Think of McCain’s Latest Hail Mary — A $300B Bailout of Failing Home Loans?

home loans

It seemed very curious to be coming from a “conservative’s” mouth.

McCain is a fish out of water talking monetary issues. I reflect it is quite telling that Obama was pretty non-committal about whether he agreed with McCain.

What does it say when the GOP candidate out-liberals the “most liberal senator” in the Senate?

Are conservatives OK with this?

Does Blaming Bad Mortgages Really Add Up?

mortgages

all the markets around the planet are melting down and the loss is in the trillions of dollars…but the mortgages are not anywhere near equal to that amount…also its not like the houses are worth zero…sure a house that sold for 600,000 and is now only worth 200,000 is a fantastic loss, but that also means that foreclosed houses still have some worth.

could we be being paid ripped off as tax payers and the real thieves are just using the “mortgage meltdown” as a scapegoat?