In the past weeks, Obama has been called a socialist because of his tax plans which would benefit the middle class. McCain, however, in the second debate, mentioned that he wanted the government to buy up bad mortgages, which is far closer to socialism than anything Obama has said. Why are the people railing on Obama not railing on McCain for his plans?
The Republicans don’t use such words on their own.
They are also apparently unaware that it is virtually impossible to buy up bad mortgages when they have been repackaged and sold off a dozen times.
Related posts:
- Why cant the government offer to buy all mortgages and stop the meltdown?
- Can the government help ease the interest rate rises on home loans? If so what/when will this happen?
- Are there any government programs out there that can help homeowners to combine your 1st and 2nd mortgages?
- Sen. John McCain on sub prime mortgages from SentinelSource.
- Reverse Mortgages And Government Advantages




