Obama Now Rejects McCain’s Mortgage Buy-Up Plan

Do voters look at this as a well-deserved bailout for them or an undue risk to taxpayers and even more obscene spending on a bailout?
http://www.political-buzz.com/

What would Ron Paul do? That is what I want to know.

Obama never never had a solid stand on anything.
He said he didn’t vote for Iraq war, but at that time, he was not US senator yet; after he officially became US senator, he voted for YES.

Of course. Obama the former Democratic Socialists of America member would rather give the homes away.

how is this really fair? I could have gotten a ‘bad’ loan for a house I couldn’t afford, but chose to live within my means. Does this mean that the bailout will allow people who shouldn’t have bought the houses to stay in them for whatever they can pay? How does this help me? I pay taxes too? This will end up dropping the bottom out of house prices for the hard working people who purchased a house they could afford. Shame on congress for this policy and John McCain for supporting it! Is this like HUD? Why can’t I get a half million dollar, six bedroom house for interest only then let the government allow me to pay off a $200,000 house because it was a ‘bad loan’. Thanks to this practice, I won’t be able to get a home loan until this crisis is over – banks won’t lend money to anyone right now!! How is this ok? What do the rest of us get out of this? NOTHING

And 3 of Obama’s advisors on the economy(Raines, Howard and Johnson) are the same guys who cooked the books at Fannie Mae and started this whole fiasco…its real smart to listen to them guys.

– He said he didn’t vote for Iraq war, but at that time, he was not US senator yet; after he officially became US senator, he voted for YES. –
He was very vocal about his stance against the war when he was an Illinois senator. And how can you vote ‘YES’ to something that has already occurred? Time travel?

– If Obama rejects McCain’s plan about
mortgage buy-up….well the voters
need to reject Obama in november…. –
Nicholas, (and geevill) please explain?
Are you guys just so in love with whatever McCain says, or just so anti-Obama that you would voice the opposite regardless?

– its real smart to listen to them –
Lucylinc.. you might want to check out your ‘facts’ about economic advisors.

The deal has changed. As a former Hillary supporter I finally decided to support McCain as a leader with grit. I’m now turning against McCain because of the detestable behavior of some of McCain’s followers. When the crowd starts saying that Obama is a terrorist and to kill him, that’s where I draw the line. I will now commit to Obama as a matter of principle, to take a stand against the ugliest of right wing hatred. Given this development he is clearly the right man for the Presidency at this time in history.

OBAMA SUPPORTED bailing out Wall St. Billionares! Now he wants to “stick it” to the little guy, WTF???

– I am exhausted from following the flip flopping Obama does. He never seems to have his own ideas and I can not believe no one sees that. He always comes out a day or two later saying what McCain has already said, –
Huh? McCain says bailout, Obama says no.
I think you are watching a different program than the rest of us!

– This is amazing. McCain’s plan would primarily benefit middle class, –
NO, it would benefit idiots who were irresponsible with their purchases, and it would be at the expense of those who were responsible with theirs.
Buying bad loans was what caused the financial crisis to begin with, and now McCain wants to repeat it, and with money we don’t have!

– Concerned American: another way to raise revenue and pay for everything is to revive the economy and collect more taxes without raising taxes. –
Yes indeed, I’m glad someone sees it! Obamas tax plan would provide an immediate injection of capital to stimulate the economy. And his health plan would provide a double boost.. first by providing an additional estimated $140 billion in tax savings to companies providing health insurance to their employees, allowing them to create more jobs and increase production. Secondly, the increased number of insured Americans would boost revenue to health care providers, which would be further stimulus to create more jobs and have a ripple effect to other supporting market segments!

McCain is too old for the job. Plus he’s a loser.
End of story.

Welcome back West Coast!

Obama is such a loser! He has learned to say what people want to hear but in no way does it resemble what he is or what he intends to do. Right now, he and Ayers are being looked into for their criminal activity in ACORN. More Chicago criminal action. This country does NOT deserve this. We’ve been hit with way too much from the dems, financially and criminally.

– This job requires experience and resposibility. MCCain has both. –
Both? He may have experience with the military, but he has shown several times just withing the last month or so that he is irresponsible and tends to overreact.
Obama has acted rationally and intelligently, and shown the kind of judgment that most respect in a leader.
Throw in their positions on the issues that really matter, and the choice becomes even easier.

Have you seen the “exclusive interview” by Sean Hannity with McCain & Palin?
What a JOKE!! Hannity fed them easy questions and it sounded like he was giving them a chance to continue the debate, except without Obama there. That’s the only way that stinking ticket can win a debate. Hannity KNOWS the facts about who raised taxes and on who (millionaires). Yet when palin again brought up the “94 votes to raise taxes”, Hannity didn’t question the facts. The facts are that the 94 votes were not all to raise taxes, less than a quarter of them were to raise taxes, and then only on people making $1million or more. Anyone reading this make that kinda scratch?? When asked about Ayers again, they brought up old news and Hannity didn’t even ask about Palin’s husband being part of the radical group that wants to secede from the union. Why??
The facts are that the McCain will keep repeating their lies because they think that the more they repeat them, the more the voters will think they are the truth! If I were assigned to McCain’s ship, I would mutiny because of the marbles he always has in his hand because the sound of them hitting each other calms him down!!
Hannity is a conservative lap dog, nothing more, nothing less. He is not a responsible journalist! Responsible journalists will ask TOUGH questions that BOTH sides will have to answer, not just the candidates that his keepers want to appear “truthful”.

Planting Seeds of Disaster: ACORN, Barack Obama, and the Democratic party
You’ve got only a couple thousand bucks in the bank. Your job pays you dog-food wages. Your credit history has been bent, stapled, and mutilated. You declared bankruptcy in 1989. Don’t despair: You can still buy a house.” So began an April 1995 article in the Chicago Sun-Times that went on to direct prospective home-buyers fitting this profile to a group of far-left “community organizers” called ACORN, for assistance.
At the time, however, that 1995 Chicago newspaper article represented something of a triumph for Barack Obama. That same year, as a director at Chicago’s Woods Fund, Obama was successfully pushing for a major expansion of assistance to ACORN, and sending still more money ACORN’s way from his post as board chair of the Chicago Annenberg Challenge. Through both funding and personal-leadership training, Obama supported ACORN. And ACORN, far more than we’ve recognized up to now, had a major role in precipitating the subprime crisis.
…
Another factor working in ACORN’s favor was that its increasing success with local banks turned those banks into allies in the battle with Fannie and Freddie. Precisely because ACORN’s local pressure tactics were working, banks themselves now wanted Fannie and Freddie to loosen their standards still further, so as to buy up still more of the high-risk loans they’d made at ACORN’s insistence. So by the 1993, a grand alliance of ACORN, national Democrats, and local bankers looking for someone to lessen the risks imposed on them by CRA and ACORN were uniting to pressure Fannie and Freddie to loosen credit standards still further.
…
Up to now, conventional wisdom on the financial meltdown has relegated ACORN and the CRA to bit parts. The real problem, we’ve been told, lay with Fannie Mae and Freddie Mac. In fact, however, ACORN is at the base of the whole mess. ACORN used CRA and Democratic sympathizers to entangle Fannie and Freddie and the entire financial system in a disastrous disregard of the most basic financial standards. And Barack Obama cut his teeth as an organizer and politician backing up ACORN’s economic madness every step of the way.
http://article.nationalreview.com/?q=ZjRjYzE0YmQxNzU4MDJjYWE5MjIzMTMxMmNhZWQ1MTA=&w=MA==

Hey Concerned American
I’m an ex-democrat.I left the party
when Hillary dropped-out from the
race…..I’m anti-Obama……
Obama is an opportunist,fake and an idiot…..He has no real power and his
own party members don’t like him….
If he gets elected[i hope NOT] he will
create more problems in this country,more than we face today….Also
he will be a backfire to blacks…..
Remember me…….
Best choice is :
McCAIN/PALIN ’08
Posted by: Nicholas | Oct 8, 2008 9:27:30 PM
Nice specifics you have there on not voting for Obama… lol. You are all pathetic. McCain has less than a 10% chance to win. Get used to saying President Obama.

Bad mortgages are only part of the problem, a big part of the problem, but not the only part of the problem. The current bailout plan already includes the purchase of bad mortgages. But how about the millions of people who have lost, and/or are in the process of losing their retirement savings which have been invested in stocks? While you’re handing out money, McCain, please reimburse my parents’, grandparents’, and my retirement funds.

Concerned American
Yes i’m voting against Obama……
Joe Biden said on primaries that
Obama is un-fit for commander in chief.
Just think of it…..Now Biden is VP..
Conclusion:Dirty politics……
I won’t come to the democratic party
untill they clean-up the dirt….
Best choice is:
McCAIN/PALIN ’08

– Just a suggestion. –
And well taken :)

John McCain served on the board to the U.S. chapter of an international anti- Semitic group that supports ultra-right-wing death squads in Central America. John McCain is a terrorist sympathizer who condones the murder of innocent civilians.
It’s true, see for yourself at usatoday.com
Link: http://www.usatoday.com/news/politics/election2008/2008-10-07-mccain-iran-contra_N.htm?loc=interstitialskip

lucylinc wrote:
“And 3 of Obama’s advisors on the economy(Raines, Howard and Johnson) are the same guys who cooked the books at Fannie Mae and started this whole fiasco…its real smart to listen to them guys.”
Sure, like it’s really smart to listen to someone who doesn’t even know that Raines, Howard, and Johnson are NOT Obama’s advisors on the economy. Check out on Snopes.
http://www.snopes.com/politics/obama/fanniemae.asp

This is money that’s already in the mortgage bailout package passed recently. What McCain proposes is a sensible plan to fix the mortgage mess created by Fannie/Freddie and their paid-for buddies in Congress, like Barney Frank, Chris Dodd, and Barack Obama. And as many economists have suggested, given the long time frame the government can wait, we will probably at least break even in the long run if not make a profit. Putting the economy back on a solid footing is worth the investment and, yes, the risk.
This is not a bloated program that will spiral out of control like, say, Obama’s health care plan. I hope those who have tried to push the mistaken notion that McCain does not understand the problems of the middle class and has no solutions to offer them are chastened. But I know they won’t admit he has a plan to help the struggling middle class.

The next president is going to be confronted with enormous problems. He will not only have to deal with the US economy but with international affairs. Russia, North Korea, Iran, South America, just to mention a few hot spots. Can Obama deal with all these? I sure hope so.

JOHN McCAIN IS AN IDIOT!!!
John McCain wants to OVERPAY for bad mortgages by handing taxpayer dollars over to BIG FINANCIAL INSTITUTIONS which got the homeowners in trouble in the first place, with no guarantee that the financial institutions will do anything different in the future.
Plus there is ALREADY a provision in the current $700 BILLION DOLLAR BAILOUT BILL that INTELLIGENTLY deals with bad mortgages.
So John McCain is trying to use this pathetic unintelligent plan, to try manipulate people, and only stupid people will fall for it!!

Nice specifics you have there on not voting for Obama… lol. You are all pathetic. McCain has less than a 10% chance to win. Get used to saying President Obama.
Posted by: Chad | Oct 8, 2008 9:38:59 PM
=======================================
Did you say 10%???????????
You must be out of your mind…..
The race is wide open……..
Don’t underestimate the silent vote,
the bubba vote,and the redneck vote…
Did you watch PBS news hour today????
The voters in OHIO,PENNSYLVANIA,FLORIDA
said:they will not vote for a black
man……..
Best choice is:
McCAIN/PALIN ’08

McCain has dementia and i do not think he realize it. How can he say that he buy all the bad home loans, US goverment not to cut spending, not to raise taxes, bail out Wall street and to continue supporting the war in Iraq and NONE – i mean nada – for any sort of tax hike. Where is he getting all this MONEY from? please can he tell us probably we are looking at the wrong places.

Cant any of you dopes read? McCain said the 300 bil would come OUT OF the 700 Bil bailout package. If you ObamaBots would open your ears you would have heard McCain say that this would be to deal with the mortgage holders to help people STAY in their homes.

– Obama wants a 1 trillion socialized health care plan, McCain doesn’t. –
I won’t bother addressing the rest of your nonsense, but do want to correct you on this; both Obama and McCains health care plans cost roughly the same..
According to the Economic Policy Institute, McCains would cost $1.3 trillion over 10 years, Obama would be $1.6 trillion over the same time period.
However, Obamas would insure more americans and be more efficient, save businesses an estimated $140 billion a year, and provide increased revenue to the health care industry simply due to a 47% increase in number of currently uninsured Americans (compared to 7% at the peak of McCains).
http://www.epi.org/content.cfm/pm126

WestCoastMessenger. i share your concerns on many levels regarding your original post on this issue. i was also a hillary supporter. but the more i see and learn about obama the more i become inclined to watch and listen very carefully. the acorn issue where all acorn offices in critical swing states are under investigation for voter fraud has alerted me to be even more cautious in my final choice.

McCain better get used to saying to Obama “yes sir, No sir, hurts sir, help me sir, thank you sir, good night sir, good luck sir, how is your family sir, did you sleep well sir, can you help me sir” This thing will not be decided by skin color everybody is hurting. I see many toothless white ladies, Jose six packs, and wonna be Britney spears hanging in the streets looking for away out and hurting. The economy is gone south for everybody and at tis critical moment, maybe a black man is going to help us get out of this mess created by “WHITE GUYS” HAHAHAAHAHA how ironic.

……and the answer is: put a 18 month moratorium on foreclosures and let the lender and the home owner get together and re-due the mortgage so it is comfortable for both…..One less family out on the street, one less home dumped on a swollen market,
the buyer and lender figure it out between themselves and THE GOVERNMENT STAYS OUT OF IT !!
I know, too simple right? duh

To Nicholas, Concerned American, and who ever else:
I, too, am a former Hillary Supporter,
I, too, was a democrat until this year.
I am FOR McCain.
Unlike HIspanics, for whom obamama is their third choice (After Richardson and Hillary)… McCain is actually my second choice.. HIll was my first, always and forever.
McCain tho is the only one left in the race who has integrity, honor, honesty, and has earned the right to be President.
Obmama is some freakoid, with a stoopid name noone can spell, onaomaoma, soaama, omsama, oingoboingo,
and he is waaaaaaaaay lying !!!!

Why can’t the goverment dumb all the 700 billions into Fannie and Freddie and then ask both of them to refinance all the homes at 2% or there about (i mean all homes not a select). I mean even at 2% or there about is interest meaning that the goverment is not loosing any money but making money at 2% interest. This way, we will have people stay in their homes and there will be a rush for people wanting to buy which will reduce the inventory that is causing all this problems. I think there is something that we do not know… and help us God that one day we know what was going on. I mean this is no Rocket science.

How can Biden sit there and support Obama when he said all those negative things about Obama?
How can the Clintons do the same, support Obama whenthe attacked him so vigorously?
It must have something to do with Democrat logic. Or they were lying?

Just heard McCain said that 300 billon of Mortgage Buy-Up is to come from the 700 billon.
Obama said he rejects this plan because he didn’t come up with it first. Main Street first.

I’m a McCain supporter, but do not agree with the mortgage buy outs. Enough is enough. We have bailed out the dirty democrats and wallstreet with the $700 billion. Banks and mortgage companies need to be held responsible for these homes. They need to work with the homeowners and renegotiate the home loans. That should have been a stipulation in the bailout instead of the 20% going to Obama’s voter fraud organization ACORN and other pork spending.

Is Barack going to change “White house” to “Main House” i hate how Whites glorify themselves in everything. ICANT WAIT! BINGO he has my vote

Like it or not there’s going to be a bailout.
So it all depends on who gets bailed out — Wall St. or Main Street.
Once again, it’s the big talker versus the big doer.
Just keep Obama talking between now and election day. Listening to Obama is like going back in time — to when the BS smell first parted from the bull’s behind.
And for additional laughs keep watching the former Hillary supporters twist, turn, and wiggle to try and ease their cognitive dissonance over supporting Obama.

S Adams Yup heard this today.
Obama will change his mind about this tomorrow and say it was his idea.

mccain’s mortgage plan is another empty bailout,your tax money paid directly to the banking monopolies that started this mess. Until we create millions of good paying jobs to replace the out sourcing by our big corporations no one will have the money to make mortgage payments of any size. The only way to restart this joke of an economy is to create millions of good paying, productive, honorable JOBS

Exactly Linda that is the way McCain and his surrogates said today.
So people can keep their homes.
This is the same thing Hillary said she was going to do during the primaries.

THE BUY_UP IS JUST A BAILOUT BY ANOTHER NAME< AND NO THE MONEY WOULD NOT COME FROM THE FIRST 700BIL CONTRARY TO WHAT YOU HEAR, IS'T SPOKEN FOR–AIG? MO MO IT'S YOUR TAX DOLLARS GIVE THEM TO A BUNCH OF GREEDY MEGA BANKS-OR INVEST THEM IN ALTERNATIVE ENERGY JOBS AND REBUILDING OUR INFRASTRUCTURE=MORE JOBS. TO THE BANK BLACK HOLE, OR TO SOMETHING THAT WILL BENIFIT US ALL

Vote for Obama’s policies and choose your work program.
None of you listened to the debate with an open mind. John McCain does not think of bailing out the homeowners, he considers it a RESCUE. The banks have huge debt created by two Democratic Presidents by the name of Jimmy Carter and Bill Clinton and with the help of Senator Barack Hussein Obama’s vote. McCain wants to RESCUE the homeowners. In addition, I will betcha you that most of those homeowners are Democrat.
I own all my properties FREE and CLEAR of any debt. The higher prices for goods created by Obama’s taxes and the Wall Street BAILOUT will create even more of a burden on the homeowner. I agree with McCain that we must give more money to people to spend to open up the economy.
Obama changes his position more times, than most people change the sheets on their bed. He is the most flip flap presidential candidate in the history of the popular vote.
Obama is out of touch with reality. Obama wants to put Americans back to work with building bridges and building roads. Obama sounds like he wants public works projects like during the years of the CCC, WPA and Workfare. Unions considered such programs as slavery.
Vote for Obama’s policies and choose your work program.

Fellow Democrats, as President-to-be Obama would tell you: Now is the time….Vote early and Vote often!

the way i understand it the plan sounds better than anything else that has been proposed. the housing market is bloated, that in itself will keep the value of houses down. the sooner these houses are taken off the market the sooner the market will recover. the excess ‘bad loan houses’ are a drain on the housing market. allowing homeowners to renegotiate their loans will keep milllions in their homes.
we may not like the idea that people should not have engaged in risky home loan plans and that we end out at least temporarily paying for their mistakes, i get that part but it is more important for people not to become homeless which will only end out costing us even more to support them. at least this way they have the incentive of home ownership as a reason to keep their jobs.

Why is Hussein rejecting McCain’s plan–is because he didn’t think of it first? TOO BAD! That’s what he gets for always trying to copy other people and never having thoughts and ideas of his own. Lack of experience coming back to haunt him. He copied Hillary Clinton all throughout the primaries. I guess he had to give his answer first this time which didn’t afford him the opportunity to copy McCain. Ha, ha, ha!

so does obama have a plan of his own so we have something to compare mccains plan to or is this just more political posturing and negative attacks while the homeowner is facing foreclosure.

what’s is the matter with this picture if you are not a millionair it does not benifit you dump asses to vote repubicans mcain look and act like barney fife there is no way we should be putting more money into his friend pockets don’t they have enough from the last time they screwed us it stated with regan at least with bill clinton we had money now messing with them damn bushes we are broke again come america lets get real we had the money to take care of all this crap that they are talking about doing i read some of the commint that you guys wrote go back to school or have your ears check and your eyes because mcain is not a good choice unless you are just plan stupid.

The new McCain proposal he came up with in the debate, about housing mortgages is a good deal for the banks. Here”s the deal: The difference between the current value of the house and the original mortgage will be paid to the bank, BY YOUR TAX DOLLARS, putting the USA into further debt and reducing the buying power of the dollar. Then the homeowner gets a new mortgage at the new lower value of the house now. THE USA taxpayer gets nothing back. The bank is happy. If the mortgage was sold to a bank in Iceland, some guy named Sven Aalsberg is happy. Your tax dollars are out the difference. If the house was financed for $300K and is now worth $200K,
your tax dollars make the bank, or Sven Aalsberg, in Iceland, whole and happy.
That”s the McCain plan. Pork for bankers, at your expense.
Vote Obama 08.

All taxes filter down to everyone. It is unreal to think only a certain group will pay a tax and you will be tax free. Barack Hussein Obama’s tax is unreal.
I know the different taxes. I have been buying securities since 1965. You better wake up to reality.

The stock maket is in a nose dive because of the fear factor. It is beginning to present excellent buying opotunities.

Some of us are muti-tasking and are not the best at typing, Mr. Perfect.

McBush and Friends Ideas that Lead
the World to the poor House…
I think McCain wants to Bankrupt
the world to bring about a one World
Government…..
But I think the world might just get
really tired of His crap!

PM
Is Barack going to change “White house” to “Main House” i hate how Whites glorify themselves in everything. ICANT WAIT! BINGO he has my vote
Posted by: MAMA | Oct 8, 2008 10:33:58 PM
=====================================
NO,NO,NO….He’s going to name it…
“Black House”……it’s NOT funny..
Best choice is :
McCAIN/PALIN ’08

┏┫　┏┓　┏┓　┣┓　　　　┃┃
┗┫　　　┃　　　┣┛　┏━━┻┃Obama/Biden 08!
　┃　┗━━━┛　┃　　┣━━　┃
　┗━━━┳━━━┛　　┣━━　┃
　┏━━▇▇▇━━━━━┻

obamas jobs plan sounds like a strange world where you are preselected based on skill level, aptitude, and age. then you get sent off to CAMP to perfect your skill so you can perform your assigned duty to the state, like a robot.
then at night we all come home to our little cubicles and eat our allocated rations. no thanks, am i the only one that this is kinda weird.

Yea whats McCain going do for Iceland
we have Bankrupted one of the Richest
Nations on earth… Maybe we could
Sell them a Bridge to No where…
and then buy it back from them….
Just trying on McCAIN NEW WORLD ECONOMY
MCBUSH IF YOU MAKE A MISTAKE JUST
MAKE A BIGGER ONE AND BLAME THE DEMS…
IDEAS YOU CAN BELIEVE IN …

the way it has been presented by the media 90% of americans are making their home loans-so we are only talking about 10% who are not. i also don’t get the talk about the job market. maybe i am missing something but everybody i know has a job. i have a job and i have to turn down overtime at least once a week. my son has a job, my daughter has a fulltime and a part- time job and she just bought a new home in phx and is not falling behind on her home loan and neither is anybody i know. i think we are getting fed allot of bull to scare us into bailing out the fat cats, and to justify the higher cost of all goods, taxes etc…

It is when business and banking cannot operate with freedom; it is the same as closing down business and banking. Banking and business do not need government watchdogs. The Democrat banking bills by Jimmy Carter and Bill Clinton are the direct result of the banking and the stock market crisis. The Democrats did not permit the banks to use their strict guidelines for credit. Government must get out of banking and business.

the talk about car loans and car dealerships not being able to borrow money to grow their inventories was a turning point for me that we are being totally sc***** i mean who in their right mind would want to buy a new car right now given the fact that alternative energy option vehicles are coming on line and the price of gas is prohibitive and unreliable. american automobile manufacturers have not evolved they keep producing gas hogs that no rational minded person would purchase. let them crash or evolve or let the oil barons bail them out. this is about systemic failure on the part of the american business community for which we should not have to pay. but when it comes to stupid people who made poor choices in buying a home we must help, the alternative is homelessness and even more $ to support them.

why ABC don’t report these 3 things:
1) It’s game changer, McCain said to bail out home owners.
3) Obama will NOT put health care as top priority. During debate, he said he can not do energy and health care at the same time.
3) Biden already admitted during VP debate that they could not keep some of the promise.

Vote for Obama’s policies and choose your work program.
Barack Hussein Obama is smoking heavily during the present national emergency and he has flip flopped only twenty times. He will soon reach a decision, but there goes another cigarette and another flip flop.
Vote for Obama’s policies and choose your work program.

Vote for Obama and select your work program.
The smoking habit shows Obama is a weak-minded person and that he cannot take mental pressure, not even the pressure of running for president. Obama appears to be a nervous irascible person that would find it difficult to make quick accurate decisions concerning national emergencies. He would probably smoke four packs a day, during a horrific national emergency.
The national healthcare program must have anti-smoking for all persons because smoking causes many diseases and premature death. A cigarette-smoking president cannot ask taxpayers to have healthy habits to lower medical costs. Obama fails to be a leader by surrendering to the smoking habit.
DR. Everett Koop reported that nicotine addiction is equal to a heroin addiction.
The reason being that both nicotine and heroin cross the blood brain barrier.
Obama sets a bad example for young people, and that is difficult to forgive.
Vote for Obama and select your work program.

People in COLORADO, INDIANA, OHIO, MICHIGAN, NEVADA and NORTH CAROLINA… Regardless of who you’re voting for, please double check to see if you’re REGISTERED TO VOTE! You may have been removed from rolls just like thousands of others. Tell your family and friends to check if they’re still registered too!
Here’s the story:
Tens of thousands of eligible voters in at least six swing states have been removed from the rolls or have been blocked from registering in ways that appear to violate federal law, according to a review of state records and Social Security data by The New York Times.
The actions do not seem to be coordinated by one party or the other, nor do they appear to be the result of election officials intentionally breaking rules, but are apparently the result of mistakes in the handling of the registrations and voter files as the states tried to comply with a 2002 federal law, intended to overhaul the way elections are run.
Still, because Democrats have been more aggressive at registering new voters this year, according to state election officials, any heightened screening of new applications may affect their party’s supporters disproportionately. The screening and trimming of voter registration lists in the six states — Colorado, Indiana, Ohio, Michigan, Nevada and North Carolina — could also result in problems at the polls on Election Day: people who have been removed from the rolls are likely to show up only to be challenged by political party officials or election workers, resulting in confusion, long lines and heated tempers.

Ask one simple question. Can you afford to Obama’s policies? You will be paying for them.
McCain’s policies are right and affordable.

Vote for Obama’s policies and choose your work program.
Democrat President Lyndon B. Johnson’s had big oil interest in 1967 and he did not want the public using any technology that would interfere with his special interest.
http://www.autopuzzles.com/Indy1967.htm
 Vote for Obama’s policies and choose your work program.

How much you want to bet that if this was Obama’s plan the Libs would be hailing it as a great Humanitarian effort and a brilliant way to fix the economy?
From what I gather McCain is talking about using X billions to cover the losses of the bad mortgages, not the complete value of the mortgages, that is, not 100%.
I agree with many here…if I forget to pay my mortgage, I get a nasty phone call…oh, and a letter. I can’t run to the government.
But, this is a Socialist-inspired, Democrat mess and along with Republicans to afraid to speak out (we can see why…recently Barney Rubble Frank accused those attacking this bit of failed Democrat/Socialist engineering as racists-BTW, how exactly does this knucklehead keep getting re-elected?).
Where is the free enterprise and risk spreading in the Feds setting up and backing a de facto monopoly of secondary mortgage holdings?
If someone buys a 6000 sq ft house making 40K a year, then shame on them. But, I have a problem with the effect this will have on thousands of children out there-not their fault their parents made poor decisions, or simply an honest mistake.
At least the government can shield homeowners from bad credit so they can move into smaller, more affordable homes. Besides, if they take a hit due to bad credit, they face the same foreclosure prospects down the line. However, such a thing should be provided to ALL homeowners, maybe a one-time thing.
Also, don’t forget the far-reaching economic implications. If we punish these homeowners, we end up just shooting ourselves in the foot.

people in swing states ACORN under investigation for massive voter registration fraud. so yes be careful.
the fbi raided las vegas acorn offices last night and more to come.

Sure, but even renters do credit checks. I hear ya, but, again, unless this mortgage mess is cleaned up, like it or not, these capitalists are going to continue to freeze up the markets and spending. That doesn’t help any of us.
It’s simply a certain kind of sandwich that’s been served up to us and it sure don’t taste good.
We pay for all kinds of irresponsibility through our taxes. Why these big shots in Washington (including the leading candidates) aren’t calling for Freddie and Fannie to be dissolved is disheartening to say the least. They are a disaster, aren’t needed, and similar things are going to happen down the line because of them.

McCain’s plan does not call for any more money to be spent, he wants to use the bailout package dollars. His plan applies to only homeownres living in the houses, not to “flippers” or speculators, and the people have to prove they can afford the payments or no deal. What’s wrong with that plan? Empty houses affect neighborhoods, communities, cities, all of us. This is a way to help people stay in their homes and get the bad paper out of the pipeline.

The plan is about buying these troubled loans, the ones that are about to go into default and force the banks to renegotiate. And it comes out of the 700 billion that we just spent last week instead of having it go for wooden arrows and Jamaican Rum. If you haven’t heard already this bailout was just the first wave, there are millions of loans out there that are on the brink of foreclosure.

Whoever wins, and it is likely at the moment to be Obama, is going to have a mess on there hands as the American people are divided. This election has pretty much guaranteed that.
McCain came home from Vietnam as a guy with a broken body from war and the American public turned their backs and spat, literally, on our war heroes. The media had done a spectacular job of portraying people who risked their lives as baby killers.
The flap about Obama hanging out with Ayers is that same story from the other side. Ayers was blowing up America because he did not like our military policies. He was most likely one of the people disparaging war heroes. And he was very successful at it.
Now it appears that Ayers continues to be successful. I am sure there is a lesson in this about the American people. Reminds me a bit of the Seven Samarai movie.

McCain plan is a joke, a last try to change the game. There is no flip-flop here: The idea was good, but when you look at the details, the plan is bad.
McCain is desperate, so is Sarah “Barack” kuda Pal-liar.

Obama’s camp is so stupid. That mortgage buy plan was Hillary’s plan. Yet Obama the man that says vote for me, you can’t tell the difference between my politics and Hillary’s didn’t even recognize it. I can see the ad for this one coming, and right in front of Obama’s face. McCain looking out for Mainstreet with Bi-Partisan effort, Obama looking out for Wallstreet. Just google Hillary HOLC plan and look at all the articles now coming out. McCain embraces Hillary’s plan, why not Obama? Once again McCain reaches out in Bi-Partisan effort using part of Hillary’s plan. etc…etc. McCain even credited Hillary with the plan.

No matter how the media spins this one, for the first time they see Mc Cain on the right side of americans economically.
Obama is making a rare mistake. He needs to rush out his own plan quickly or this is all that Mc Cain will take about for the next month .
Obama supported the wall st bailout but not the bailout for homeowners.
The american public wont like that.

FACT CHECK: The Federal Election Commission reported that McCain received $169,000.00 from his CEO and Exec friends and the lobbyists of Fannie Mae and Freddie.
Yet McCain claims that Obama got the second highest contribution from those companies. According to FACT CHECK the Federal Election Commission stated that McCain LIED.
Obama did NOT get contributions from the Fannie and Freddie companies at all. Obama’s contributions were from the working middle class employees from those companies which amounted to ONLY $16,000.00.
Wow McCain got $153,000.00 more from the top Exec’s and CEO’s and Lobbyists, than what Obama got from the employees, and yet McCain keeps spewing his lies about Obama.

McCain’s plan is bad.

But here’s the part Mr. Obama leaves out. Mr. McCain also proposes a $5,000 credit to offset any new tax liability. In the case of the family referenced above, they get a health-care plan, enough money to pay the additional $3,000 in taxes, plus an extra $2,000 in their pockets – not a bad deal for the middle class. So the Obama ads are both incomplete and misleading. So in addition to putting more money in middle-class families’ pockets, Mr. McCain’s idea helps improve transparency in the health-care system. The extra income shows who is really paying for health care. This, in turn, will expedite other needed changes in the system. By willfully ignoring the second half of Mr. McCain’s health-care plan, Mr. Obama opposes an idea that provides significant middle-class tax relief, and misses a chance to provide the kind of transparency needed to speed reform. For a candidate who bases his campaign on “change,” Mr. Obama’s distortions of the McCain health-care plan sound eerily familiar.

HE WAS FOR IT BEFORE HE WAS AGAINST IT! SOUNDS LIKE SOMEBODY WE KNEW BACK IN 2004? GIVE ME A BREAK, THIS GUY SAYS HE IS FOR MIDDLE CLASS AND NOW HE WONT SUPPORT TAKING 300 OF THE 700 TO BUY BACK BAD LOANS? WHILE I DONT AGREE WITH THE WHOLE BAIL OUT, I DO AGREE THAT WE HAVE TO HELP AND STOP THE HOUSING PRICE SKIDS! THIS AFFECTS EVERYBODY WHO OWNS A HOME BECAUSE IF YOUR NEIGHBOR GOES BELLY UP GUESS WHAT THAT DOES TO YOUR HOMES VALUE? OBAMA IS NOT FOR THE MIDDLE CLASS HE IS FOR HIMSELF! HE WILL DO AND SAY WHAT HE THINKS IS BEST AT THE TIME. I WAS FOR IT BEFORE I WAS AGAINST!
I THINK WE NEED TO SHOW OBAMA COME ELECTION DAY “WE WERE FOR YOU BEFORE WE WERE AGAINST YOU” AND SEND HIM BACK TO CHICAGO

Taxpayers should not bail out home owners who bought more home than they could afford, who didn’t live within their means, who got deep in debt with their CC. Many did the right things and now the greedy are to be bailed out? No, says I. Let them go back to their lender and refinance a lower payment at the same interest rate and balance. It was after all the lender and the buyer
that made the error. The realtors, appraisers were also part of the error equation. If anything the Feds should require lenders, to renegotiate loans to lower monthly payments. Bailing out the average citizen for their bad decisions and choices is like distributing the nation’s wealth among its citizens. Something not right about McCain’s plan, just not right.

Better to bailout American homeowners than junket-going bank executives who shop at Cartier!

Both of these candidates’ plans at some level require big bucks. Who’s responsible for the mortgage crisis? The people controlling the market gambled to the point of no return. They received their compensation, and it’s the buyers who are being sacrificed. Obama and McCain should in their rhetoric address this. Many buyers bought beyond their means. Subprime loans were abused by the movers and shakers from the national level down to local. They all should be accountable. An O. plan or a Mc. plan will cost us, the taxpayers. It’s sort of like “the kettle calling the pot black”

Guys he said it seemed like like a good idea, investigated it further and realized it would be worse on us middle class people. I find it reassuring that Obama is careful and thoughtful when making decisions and not doing the Bush/McCain knee jerk reaction.

I worked with subprime morgages for a brief time.Most were for manufactured housing. I can tell you that most of the fraud started at the bottom. Salesman promising anything.Fake financial documents. fake employee records,altered bank statements. The tools were in place to to catch alot of this stuff but not used. People with bad FICA scores, past unpaid judgements on their records.The money rolled in for everyone.We all know who’s goin gto pay now.

Let every vote count, is the Democratic Party’s mantra these days. That slogan might better be: Let every vote count as often as we need to win.
Such, at any rate, are the tactics of ACORN, Barack Obama’s favorite “community organizers,” and its Project Vote – of which, the Democratic presidential candidate has boasted, “I started working as the director . . . here in Chicago.”
ACORN has been implicated in voter-fraud schemes in 15 states – including Ohio, from where The Post’s Jeane MacIntosh reports today that a Board of Elections investigation has unearthed evidence of widespread voter fraud.
Two voters told MacIntosh they had been dragooned by ACORN activists into registering several times – one reporting having signed up “10 to 15″ times.
ACORN canvassers “would ask me if I was registered,” he said. “I’d say yes and they’d ask me to do it again.”
Tuesday, Nevada officials raided ACORN’s Las Vegas offices as part of a probe into voter-registration fraud – noting that some forms submitted by ACORN workers included the names of Dallas Cowboys players.
Officials in Lake County, Ind. report that fully 1,100 of 2,000 new voter-registration forms delivered by ACORN were “suspicious.”
In Washington state, officials recently closed an investigation into ballot cheating that resulted in prison terms.
ACORN submitted more than 800 phony registration forms in Independence, Mo., with one woman registering 10 times, using three birthdates, four different Social Security numbers and six different phone numbers.
And, as The Post reported Monday, another pro-Obama group, Vote Today Ohio, took advantage of a quirk in that state’s law, which allows people to register and vote on the same day without having to prove residency, to drive hundreds of people from homeless shelters and drug-rehab centers to the polls.
John McCain’s campaign says all this “doesn’t pass the smell test.”
Actually, it stinks.
And it’s being done by a group with which Barack Obama has proudly been associated.
What, then, would they be able to pull off with a friend in the White House?

Okay people – let’s try this – walk around and knock on doors and say “Hi, Would you like to Pay MY MORTGAGE for me?” and see how many people say yes.
The taxpayers will be the ones footing the bill, so you and I will be giving our money to pay off loans for people who never should have been given them in the first place. The value of MY HOME has decreased and I would love to have a new mortgage at 5% fixed rate based on just 90% of the current value of my home. Maybe I should stop making my payments since I did get a subprime loan – I had no choice due to past medical debt bringing down my credit score, but I got a fixed rate and my credit score is back in the 700′s.
I bought a home I knew I could afford, despite the facts that my lender gave me a pre-approval for $70,000 more and my realtor pushing me to look at houses at that value. I’ve paid every single payment on time. So what is my reward? – apparently to pay off other peoples debt due to their carelessness and stupidity and gullibility to be convinced that they could afford a loan they should have know full well they could not.
Will you pay my mortgage for me please?

As outside economic advisors to the Obama-Biden campaign, we were also aware that his type of effort to restructure mortgages to help keep families in their homes had been something Senator Obama had been calling for since March. Thus our initial conclusion was that this proposal was a rather non-consequential ploy by McCain to provide cover for the fact that he has tended to be either late, on the wrong side, or frenetic and all over the map on policy responses to our current financial crisis.

We have dug ourselves into this hole. As much as everyone wants to blame wallstreet, where do you think they get the loans to package and sell? Yes, consumers like you and me. We were ALL greedy in buying a house with no money down, and living beyond our means. There is no question wall street added to the subprime crisis, but where were our heads when banks pre approved a loan for a house many many times our per annum salary. So, if someone cannot afford to live in their mansion, why should everyone else bail him out?

What is this?!!! Jay Mac wants to interfere with the GODS!!! ……mmmmmm….I thought u believe in minimal governmental ‘interference’ with domestic finantial issues Jay Mac…u’ve been preaching that we should let the free-market fairy god-mother fix everything…what changed? mmmmm….is it that you’re desperate now!!!….is it that you’re behind in the polls….mmmm!!!?!!

Look, the real issue is nobody knows what the heck McCain is really saying in the proposal. Is it an additional 300 billion dollars? Is it included in the original $700 billion? Does it let all homeowners off the hook (raising the ire of responsibile borrowers)? The package looks like it was slapped together as a crude attempt to pander to voters. Not well thought out. Same as his gas tax holiday proposal.

My point was not to pinpoint semantics here. The point is that people are living beyond their means. Phoenix, Arizona has one of the most inflated home prices in the country. Here’s a curious question, if your employer promised to pay you over what your worth is, will you tell them no and take a 30% pay cut instead? With McCain’s plan, somebody has to absorb that costs, that is if we still believe in capitalism. Unless, we enforce the government’s authority, which is a socialistic approach. While the individual is important, this is a bigger problem than that.

Complete recovery of economy is not in near future. However, sheltering is the most urgent and immediate need of Americans. But McCain needs to action on where to find the money. From the bailout grant? How much will be left at the beginning of next year.

I would like to know why the media has been silent on Palin’s ongoing association with the Alaskan Independence Party – a group that hates the US so much that their goal is to secede. This is beyond a double standard. Here’s the link showing video of her ties.
http://mudflats.wordpress.com/2008/10/08/the-palins-imperfect-union/

By the way half brother wants to spend 50 billion dollars or our money on foreign aid. Great more money to help those who dont help themselves. Kind of like welfare for the world on our tax dollars.

boycott all McCain that is Cindy McCain’s family business products. Maybe this will give her even a colder chill down her back. At least temporarily BOYCOTT BUSCH BEER AND DRINK their competitors products which are: Molson, Miller, Heineken and Coors.

Sounds pretty socialist to me (Even for a Canadian)… Imagine a Rep speaking about such idealology. Especially after all the cat calling going on regarding Obama’s health agenda. Hmmm think is called “Flip Flopping” and desperate vote culling…

Concerned American: another way to raise revenue and pay for everything is to revive the economy and collect more taxes without raising taxes.
Posted by: Kottaras | Oct 8, 2008 9:06:15 PM
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How about by massively cutting spending? A smaller more limited government would serve everyone’s interests.
How about a return to the VIRTUES of thrift, self-reliance and responsibility? We won’t get it from our so-called leaders, so let’s start with ourselves.
Of course if you’d rather have the government take care of you from cradle to grave and regulate all aspects of your life, then by all means vote for either of these 2 morons.

Obama is going to claim this plan as his own very soon, because it makes sense to get money right to the source itself. Once the details are structured right, $300 billion out of the $700 billion already allocated, can go directly to recover the foreclosed homes – the source itself. Otherwise, Obama is now caught fighting for the very same trickle down economics – he claims he is fighting against. I say, get the money directly to the homeowner and lender at ground zero – or it will never get there.

Concerned American what channel are you watching people stay put in their homes values will go up. Well newsflash if thigs keep going this way there will be so many foreclosures no one will no what to do. Why not try to prevent any more bleeding if we can. As I say I don’t want to bail them out either, but the predatory lending that went on in the past three years needs to be corrected and this country including the consumer has to make sure it never happens again.30 YEARS OF INTEREST COLLECTED ON THOSE REFINANCED HOMES. BUT THEY MUST BE QUALIFIED ,JOB VERIFICATION,INCOME VERIFICATION, GOOD CREDIT AND HAVE PUT A DOWN PAYMENT DOWN AND HAVE TO LIVE IN THE HOME. tHEN WE CAN ALL SEE OUR HOME VALUES GO BACK UP EVENTUALLY ONE THE SUPPLY IS GONE AND DEMAND COMES BACK.

Kawasaki back in March or at one point not sure when the Congress did insruct banks to start renegotiating laons with homeowners and got an extension for home foreclosures. Barney Franks idea. Well guess what it probably wasn’t a bad idea, but everybody forgot to follow up and make sure the lenders were doing this. Guess what they weren’t. And what little might have been done they didn’t do it fast enough. A better idea Barney Frank may have had was to listen to John McCain in 2005 when he warned about Fannie Mae and Freddie Mac. But then again if he had and the economy hadn’t collapsed 40 days before the election then Obama and the democrats wouldn’t have had a chance. Lets remember who holds the purse strings and who has had control of Congress for two years.The Democrats.

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