via My Way News – McCain would buy bad homeowner mortgages.
Just when you think McCain’s socialist economic policies have found their limit, he proposes additional nationalization of the economy.
WASHINGTON (AP) – Republican presidential candidate John McCain is proposing a $300 billion program for the federal government to buy up bad home mortgages and allow homeowners to keep their houses.
McCain said: “Until we stabilize home values in America, we’re never going to start turning around and creating jobs and fixing our economy and we’ve got to get some trust and confidence back to America.”
In an unusual step, McCain announced the plan during Tuesday’s debate. He said that as president he would direct the federal government to purchase mortgages directly from homeowners and mortgage providers. The loans would be replaced with fixed-rate mortgages, ostensibly at a loss to the government.
“Is it expensive? Yes,” McCain said.
It’s also a joke.
How Republicans can even pretend they believe in free markets without bursting out laughing takes a tremendous amount of self-control.
Reject the systemic idiocy of the two party system.
If you really want socialization, vote for Nader or McKinney.
If you really want free markets and liberty, vote Barr.
But don’t buy the load of crap McCain is selling. If Barry Goldwater were alive, he’d personally be kicking McCain’s ass out of that Senate seat Barry held for so long.
A vote for Obama/McCain is jus a vote for the continued socialization of America.
And I’m tired of hearing that McCain is “better” than Obama. A broken nose is better than a broken jaw, and I refuse to accept either one without a fight.
