Thursday, July 29, 2010

If McCain wants to buy all the bad mortgages, who is going to maintain the properties?? They'll be worthless!!?

I'm wondering who is going to pay for it? He wants to buy the bad mortgages, sell them back at the current worth. Who is going to make up the difference. Oh wait...that's right. We, the tax payers, are. So, in short...all those people who were foolish enough to live above their means gets a free ride while all of us financialy savvy folks get to pay for their stupidity. McCain is an idiot and a socialist.If McCain wants to buy all the bad mortgages, who is going to maintain the properties?? They'll be worthless!!?
This to me, a republican moderate, was the bonehead blunder of this whle campaign. Mccain has now taken to pandering to the Obama crowd. Only it backfired. My republican friends are not impressed and neither are the Obamanites.





Supposedly this is going to let people be able to stay in their houses. Now the government is going to be managing real estate and renegotiating mortgages? Good Lord. If McCain wants to buy all the bad mortgages, who is going to maintain the properties?? They'll be worthless!!?
Uh, no they won't be. Homes are worth less now, not worthless! And be sure to note that Obama, Pelosi, and Reid and a bunch of others signed onto the bailout bill.
Don't worry the Brits beat Paulson/Bush to the punch, so now we have to follow along.


The McCain plan, was their plan to and have the taxpayers eat the loss.


The Brits saved our biscuits from being burning!!
Are you really that stupid? The people who live in the houses (and who will still be paying their mortgages but at much lower rates) or the banks that own them will take care of them.
that isn't true!!!!!!
Yea McCain is a true socialist now.. I wonder what he will be next week?
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