Americans Like McCain's Mortgage Plan

So Barack Obama has decided that he does not like John McCain’s plan to buy mortgages and help homeowners stay in their homes.  Guess what?  Americans like it.  According to Rasmussen Reports:

52% Favor McCain’s Mortgage Bailout Plan

A majority of voters (52%) favor John McCain’s plan for the federal government to buy up distressed mortgages and refinance them so homeowners can stay in their homes, according to a new Rasmussen Reports national telephone survey. Thirty-five percent (35%) oppose the plan.

Democrats like McCain’s plan more than Republicans, even though Barack Obama opposes it. Fifty-nine percent (59%) of Democratic voters think it’s a good idea, compared to 47% of Republicans – and 49% of unaffiliated voters.

Seventy percent (70%) of African-American voters favor McCain’s plan, as do 50% of white voters.

….

McCain says his plan, first proposed at Tuesday night’s presidential debate, will cost up to $300 billion, with the money coming out of the recently adopted $700-billion economic rescue plan. Obama says McCain’s plan is bad for taxpayers and benefits irresponsible financial institutions.

On one hand we have Obama’s rhetoric of change with no nuts and bolts plan elements and then we have the McCain/Palin ticket talking about a plan that was first put forward by Hillary Clinton.  We also have John McCain talking about changing the 401k rules so that seniors do not get hammered by this market loss.  (Look for an upcoming post on that).

Who are you going to vote for?

McCain/Palin

Why are we still having this conversation?

Advertisements
Comments
3 Responses to “Americans Like McCain's Mortgage Plan”
  1. old91A10 says:

    It also seems that the McCain/Palin plan to increase personal benefits would lower personal adjusted incomes, therefore a families taxes. This absolutely benefits more families with lower incomes, who not only need it the most, but will most likely spend it on goods and services. I see a bottom up cycle there.

  2. old91A10 says:

    oops! ‘exemptions’ where first ‘benefits’

Trackbacks
Check out what others are saying...
  1. […] and keep homeowners in their homes.  The American public is responding favorably to this idea, go here.  Now John McCain is coming up with another good idea about reforming 401K rules so that seniors […]



Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

  • An Anthem For The Revolution

  • Thomas Jefferson

    "On every question of construction carry ourselves back to the time when the Constitution was adopted, recollect the spirit manifested in the debates and instead of trying what meaning may be squeezed out of the text or invented against it, conform to the probable one in which it was passed." --Thomas Jefferson, letter to William Johnson, 1823

  • The Looting Of America

%d bloggers like this: