Thursday, October 09, 2008

Who Didn't See This Coming?

That big homeowner bailout program McCain sprung on the country from Nashville? Yeah. It's really a payout to his buddies in the banking industry.

Obama Campaign Economic Policy Director Jason Furman said in
the campaign statement opposing McCain's plan: "John McCain wants the
government to massively overpay for mortgages in a plan that would guarantee
taxpayers lose money, and put them at risk of losing even more if home values
don’t recover. The biggest beneficiaries of this plan will be the same financial
institutions that got us into this mess, some of whom even committed fraud."

More maverickiness in action. Someone should ask him about it today in Waukesha or La Crosse.

2 comments:

Dan said...

Aren't you glad Obama fought this bill and voted against it? Oh wait....

Other Side said...

Again, the question was about McCain, Dan. Are you just completely incapable of staying on topic? Is it psychological?