McGentrix wrote:Wouldn't it be in the best interest of the sub-prime lenders to have the borrowers bailed out? It seems that having a home forclosed upon costs the lending institutions money and thus the issue that banks like UBS face. It would seem that Gramm wasn't doing a very good job of lobbying McCain.
Perhaps instead, being a conservative and all, McCain believes that people should learn to live within their means.
This is nothing more then leftist hype. Much like the rest of the "case" against McCain posted in this thread which so far almost entirely consists of "He's not Obama."
Ah, no; what they want is for the huge number of people who are barely scraping by on their mortgages to
keep paying.
Leftist Hype, my ass. McCain has every single lobbyist in Washington on his election team, it seems, while purporting to be an anti-lobbyist candidate. He's a liar and a hypocrite. And stuff like this is really going to hurt him in the Fall, because he has no defenses for it.
Cycloptichorn