April 10, 2008
Posted: 09:15 AM ET
 McCain will unveil a new mortgage relief plan Thursday.
McCain will unveil a new mortgage relief plan Thursday.

John McCain will unveil what he is calling a "HOME" plan later Thursday to help Americans deal with the mortgage crisis.

Key excerpt from his speech:

"I believe a more robust, timely and targeted effort is my HOME plan. It offers every deserving American family or homeowner the opportunity to trade a burdensome mortgage for a manageable loan that reflects the market value of their home. This plan is focused on people. People decide if they need help, they apply for assistance and if approved the government under my HOME Program supports them in getting a new mortgage that they can afford. There will be qualifications which require the home to be a primary residence and the borrower able to afford a new mortgage. We will combine the power of government and the private sector to find immediate solutions for deserving American homeowners.

"My plan follows the sound economic principle that when markets decline dramatically, debts must be restructured. It is built on the reality that homeowners should have an equity capital stake in their home. Homeowners would end up with a 30-year mortgage and an equity stake in their home. The new lender would receive a federal guarantee of the mortgage. And the taxpayer gets a benefit if the sale value ever recovers."

Filed under: John McCain


unions are not stupid   April 10th, 2008 9:55 am ET

oh bog can the American people really handle another plan from these republicans one failed policy after another

In Chicago   April 10th, 2008 9:58 am ET

hhhmmmmmmmmmmmmm………………..not sure if this will work

Rusty Shackleford   April 10th, 2008 9:59 am ET

Does that neon blue light there help to preserve him?

Martin   April 10th, 2008 10:00 am ET

McCain, won't it be a little too late by the time you can possibly implement this plan?

ED   April 10th, 2008 10:00 am ET

ANY THING THIS WARMONGER HAS TO SAY HAS BEEEN BREIFED BY THE LOBBYISTS THAT GIVE HIM PLANES WOMEN AND MONEY.HE IS THEBIGGEST OF OUR CROOKED SYSTEM FOR POLICAL FLUNKIES

Lilarose in Oregon   April 10th, 2008 10:00 am ET

Hey Folks!

It is TOO late for hundreds of thousands of FORMER home owners!

Too late!

They have moved out, they have abandoned thousands of homes, they can't be helped now.

Michael, Torrance, CA   April 10th, 2008 10:02 am ET

Sounds a lot better than the straight bail out that both democrats are proposing. Help people out only if they can actually afford a new mortgage. No help for irresponsible people that new going in that they couldn't afford to buy a home in the first place.

Mike   April 10th, 2008 10:03 am ET

Since i got closed out of the Condi comments.

Wow, look at all of the mad Dem's comming out of the woodwork!!

Some of Condoleezza Rice's experience;
————————————-

1) Soviet and East European Affairs Advisor

2) United States Secretary of State

3) National Security Advisor

4) As Stanford's Provost, Rice was responsible for managing the university's multi-billion dollar budget.

5) She also served on the board of directors for the Carnegie Corporation, the Charles Schwab Corporation, the Chevron Corporation, Hewlett Packard, the Rand Corporation, the Transamerica Corporation, and other organizations.

6) Served on Council on Foreign Relations

7) She served as a consultant on the former Soviet Bloc for numerous clients in both the public and private sectors.

8) She served on the Federal Advisory Committee on Gender-Integrated Training in the Military.

9) She served as a foreign policy advisor to President Bush senior.

Wow! Now I see why the Dem's are so upset.

Condoleezza Rice has more experience than OBama and Clinton combined!!!!

Donald, SC   April 10th, 2008 10:04 am ET

Any plan that McShame reveal is hypocrisy! He already stated his position on the US economy; all is fine and should be left alone. Anyone who buys into this was either not paying attention to his speeches on his Presidential positions, or they simple believe in the well known flip-flops of this good-old-boy warmonger.

Uncle Sam   April 10th, 2008 10:07 am ET

Perhaps this is why former Fed chair, Alan Greenspan, endorses Sen. John McCain. Critics have sought to ridicule John for his candor about his knowledge of economics. It is refreshing when a politician is actually humble, yet seems to know more than his detractors.

Americans for McCain '08

CHERYL   April 10th, 2008 10:09 am ET

I FIND THIS AMUSING!!!!!!

SENATOR CLINTON HAS DONE ALL THIS STUFF WEEKS AGO!!!!!!

THEN McCAIN AND OBAMA FOLLOW SUIT?

IT IS PLAIN TO SEE WHO SHOULD BE OUR NEXT PRESIDENT!!!!

HILLARY!

SHE IS SO FAR AHEAD OF THESE TWO INTELLECTUALLY!!!

HILLARY GETS MY VOTE!!!!!!!

If Not Hillary, McCain   April 10th, 2008 10:10 am ET

If Obama gets the nomination, I'm voting for McCain. I'm a typical white person who is so disgusted by Barack's racism that I will vote Republican in November - and it will be the first time I ever do so.

Grif   April 10th, 2008 10:10 am ET

John McCain's Condo? Built with Finesse. That's Stability. What?

Tony   April 10th, 2008 10:10 am ET

Yes Mr. McCain, its time to go home.

CHERYL   April 10th, 2008 10:11 am ET

SENATOR CLINTON LEADS IN THE POLLS!!!!!!

RASMUSSEN POLL: CLINTON 48%
OBAMA 43%

GOOOOOOOOO HILLARY! WE SUPPORT YOU IN MI AND FL!!!!!!!

Stacy Clarks,   April 10th, 2008 10:13 am ET

Oh My GOD this country is in need of a democrat really bad!!!!

CHERYL   April 10th, 2008 10:14 am ET

OH,

ALL OF THE SUDDEN McCAIN KNOWS SOMETHING ABOUT THE ECONOMY?

HE MUST HAVE TALKED TO HILLARY!!!!!

I WONDER WHAT THE CLOWN OBAMA WILL HAVE TO SAY ABOUT IT?

I AM SURE IT WILL BE THE SAME AS McCAIN'S JUST CHANGED AROUND A LITTLE!!!!!!!

VOTE FOR HILLARY!!!!!!!

Bruce, Chicago   April 10th, 2008 10:14 am ET

Hey, an actual detailed, practical, and good idea! I don't get it, I thought candidates were supposed to speak in generalities without offering any actual specifics? Maybe Oprah or Elton can help Obama and Clinton with an actual idea of their own, you know, make the election interesting?

Mike   April 10th, 2008 10:15 am ET

Hey Rusty, stick to the issues!

Maybe the light is radiating from his "greatness."

You have any other candidates in mind, NObama perhaps?

Brendan D, Niles, IL   April 10th, 2008 10:15 am ET

This is such crap. Sen. McCain claims that he doesn't know much about the economy but that he believes in free markets. So what does he want to do? Halfheartedly interfere. Instead of having a government-driven economy the way the Democrats always seem to and the Chinese do, or having a truly free-market economy the way the internet does, McCain wants to pretend to help while pandering to free-marketer businesspeople who don't actually understand economics but know that more regulations mean less money for them.

Jay   April 10th, 2008 10:16 am ET

Um… so we're supposed to believe McCain has a strong economic mind now? Didn't he already admit that he's not good with that area?

Mike   April 10th, 2008 10:17 am ET

This is to: "If Not Hillary, McCain."

…I agree…

NIC   April 10th, 2008 10:19 am ET

glad to see that not everyone is jumping on this barack bandwagon. if and when, hillary wins PA, IN, KY and WV (good lead in all 4 of those states), she'll move even more closer to barack's pledge delegate count (almost split by the end).
superdelegate time! thats what they are for, thats why they were made. now, we'll finally get to use them. she will past him when the superdelegates cast their votes. but im sure we will know by june who the nominee will be regardless.

Ricky Marlin, New Orleans, LA   April 10th, 2008 10:19 am ET

Some more of Condi Rice's experience:

–She totally ignored the warnings in the bipartisan Hart-Rudman report that forewarned of the plans for terrorists to use planes as weaspons. Before congress she testified she considered that "an historical document."

–She was National Security Advisor on Sept. 11, 2001.

–She has been a cheerleader for the failed policies in Iraq and Afganistan and has accomplished absolutely nothing in brokering peace in the middle east.

– She helped send our troops to their death based on flawed intelligence.

– She is a rubber stamp buttkisser to the worst President in U.S. history.

– She can't maintain a relationship, a family, children, friends, or lovers. But yet she's supposed to fix international relationships?

Oh, that Condi is every neocon's dream.

CHERYL   April 10th, 2008 10:20 am ET

I AGREE WITH (IF NOT HILLARY McCAIN) ABOVE!

I AM SO SICK OF OBAMA'S LIES AND HIS HATRED TOWARD WHITE PEOPLE!!!!!!

SOMEONE SAID THAT HE IS PAYING WHITE PEOPLE TO STAND BEHIND HIS WIFE MICHELLE WHILE SHE GIVES SPEECHES?

I KNOW THAT HE BLOCKED MY VOTE FROM COUNTING AND THAT IS UNAMERICAN!!!!

WE NEED TO VOTE FOR HILLARY! AND SEND HIM A CLEAR MESSAGE THAT ALL HIS MONEY WILL NOT BUY HIM THE PRESIDENCY!!!!!

GO HILLARY WE ARE WITH YOU GIRL!!!!!

larry   April 10th, 2008 10:21 am ET

you can vote for who ever you want but to call Barack a racist is just stupid

Mwananchi   April 10th, 2008 10:21 am ET

Hi, "If Not Hillary, McCain" I hear you.
STOP YOUR BIGOTRY. I am sure no matter what you were not going to vote for Obama. Stop making excuses to cover your bigotry.

Tom   April 10th, 2008 10:22 am ET

I'm with "If Not Hillary, McCain" for the same reasons and then some. You can tell who the obama supporters are because they're always the ones slamming the person and not thinking through the plan being presented. They don't have a thought process, just beat up anyone in their way - this from the supporters of the guy who's supposed to be the next great uniter? I think not. McCain/Rice is feasible and this plan may just work. At any rate it's better than the meaningless shell of words from obama.

Sha-vone   April 10th, 2008 10:22 am ET

If Not Hillary, McCain said: If Obama gets the nomination, I'm voting for McCain. I'm a typical white person who is so disgusted by Barack's racism that I will vote Republican in November - and it will be the first time I ever do so.

You were never going to vote for Obama anyway. You would be really hard pressed to find anything about Obama that would show that he is racist (hello, he is black AND white). Apparently, you are harping on the "typical white people" comment and even a lot of white people have said that they understood exactly what he was saying. If you harp on Rev. Wright, then you are now calling Obama racist based upon someone else's beliefs. Even Hillary's current pastor has praised Rev. Wright and said that people have taken those sound bites out of context. He stated that he has known Rev. Wright for years and admires him. Apparently you haven't read about Hillary's former pastor, huh? The one that was just convicted for child molestation?? Does this means that Hillary supports child molestors? Sounds ridiculous, huh? Your vote really should go to McCain, if you can't articulate a good reason to vote for or against any of these candidates, then I am sure that Obama really doesn't want your vote. It's so unfortunate that you let fear and untruths dictate who you will support.

Wise Dem.   April 10th, 2008 10:22 am ET

home plan? So one who admitted he knows nothing about the economy.

This is laughable.

Dem 08

Kevin   April 10th, 2008 10:23 am ET

Mike,

Being an adviser doesn't make Rice a GOOD adviser. Being an adviser is not a qualifying accomplishment. Being an effective adviser is, and where has Rice's most important advising positions led us? She's part and party to the mess we're in now, so yeah, let's tout her vast experience of mess-making. Thanks for your help!

fred   April 10th, 2008 10:26 am ET

The Obama bashers are sure out in full force.

Great Idea John. If Hillary isn't the nominee…then you will be the man!!!

I feel the very same way you do IF NOT HILLARY, McCain!!

Get real   April 10th, 2008 10:27 am ET

Johnny! You belong in a home buddy! Let's get some real ideas working for the U.S., let's vote Obama in 08! Go "O!!"

Kevin Leo (Jonesboro, GA)   April 10th, 2008 10:27 am ET

I would be moreinclined to listen to McCain's plan if he did not profess such a "let them eat cake" attitude when Barack and Hillary were dicussing their respective plans to aid homeowners. First he was saying it was there fault and now he wants to pander to them. No thanks, don't need your kind of help!!!

Really?   April 10th, 2008 10:27 am ET

I applaud Senator McCain for moving to the center, and proposing a progressive plan that might actually help working people. A few questions though: what happened in the last couple of weeks that changed his Straight Talkin' Express mind when he told struggling homeowners to pound sand? And how is this not the very "bailout" and "moral hazard" that he and others on the right deplored (except for Bear Sterns)? Because it's limited to owners of primary residences and those that can "afford" the new payments? Please . . . no one proposed helping people who couldn't afford to pay under a new rate or amount of prinicpal. All that happened was McCain that saw his prior strident position was a disaster.

Hicks, Fort Myers   April 10th, 2008 10:27 am ET

He's starting to morph into a Democrat!

What about all the people who've chosen to get a 2nd job and pull themselves out of this mess–without government help–just personal responsibility, accountability.

Jon   April 10th, 2008 10:27 am ET

I love this plan. Not only does it help the people who need the governments help, it prevents people who got in over their heads and investment/secondary property owners from getting a free government handout. This plan is much better than a blank 10 or 30 billion dollar check to save all. People who do not need/qualify for the help or the Clinton and Obama supporters will scream bloody murder but when it come to my tax dollars I say only help those who deserve it.

Sean   April 10th, 2008 10:27 am ET

Hey CHERYL. I've been wondering who you're going to vote for?

***AMERICAN***   April 10th, 2008 10:28 am ET

So my question is what has the house or senate done to help the housing problem? Why are we waiting for some one in the future to fix the problem. Why aren't clinton, obama & mccain doing something about the housing issue today in the senate. Isn't that what their current job are. I am not impress by the lot of them. Once again it will be a vote for the lesser of the two evils.

John   April 10th, 2008 10:28 am ET

Why do we feel the need to help out homeowners who, most of them, knew they were taking on more then they can afford? The government is not here to reward the bad decisions of the people. Why are my tax dollars going to help these bad decisions? Did I want a bigger house? Sure! I did not get one because I could not AFFORD it!

Grow up America!

Allen, Lubbock, TX   April 10th, 2008 10:29 am ET

All you obama haters talking about how he lacks expereince…seems one of the best foreign policy leaders NOW think he would be a good president…sounds like my type of president– Obama '08

Retired Gen. COLIN POWELL tells Diane Sawyer on this morning's ABC's "Good Morning America": "I'm looking at all three candidates. … I know them all very, very well. I consider myself a friend of each and every one of them. And I have not decided who I will vote for yet." He goes on to praise Senator Obama, per ABC.

Svetlana   April 10th, 2008 10:29 am ET

I thought he didn't want the government to get involved in the mortgage crisis? Looks like McCain is quick to change his tune when he's off key.

Marine   April 10th, 2008 10:29 am ET

Gee I thought all the MUD SLINGING and hateful rhetoric was suppose be between the candidates. Seems like this disease has spread to the uninformed populace who spew trash out of their mouths without thinking.

JB Cali   April 10th, 2008 10:29 am ET

McCentury is nuts.

Conservatives Against McCain   April 10th, 2008 10:30 am ET

If I wanted this type of plan, I'd vote for Clinton or Obama. I expect the republican nominee to have a plan more to the likes of: "my friends, I understand your mortgage payments are too high. Its time to take responsibility for your actions and get a second job on the nights or weekends until you can sort this out."

Chief lagosboy, NJ   April 10th, 2008 10:30 am ET

Sir, it’s a little too late! Wake up old man you are 15 months behind. “Home Plan”? more like “Home Retirement Plan” for you. A vote for Grandpa McCain = Bush 3rd term, America can not afford 4 more years of Bush. McCain is a “Warmonger” Sir, you are clueless about the economy.

Our President Obama 08’ & 12’

Yeah Vote!!   April 10th, 2008 10:32 am ET

Responding to:
"If Not Hillary, McCain"
Go for it and vote for McCain.
Do not worry many Republicans will be voting for Obama so it will be a trade off now wont it!!!

trellskig   April 10th, 2008 10:32 am ET

"If you are approved"? I wonder how many people will be approved? I guess that is why they are in the dilemma their in already?!?!

Jeremy   April 10th, 2008 10:32 am ET

I love it. I know its hard for the democrats to understand people actually bailing themselves out with some support, but seriously why even post if its the same ol' generic argument. He talks about housing and we get "warmonger" etc. Panicky, are we democrats?

Keep up the bashing of each other, seems to be working out nicely for the people not bogged down by ignorance.

McCain '08

Scott, Wichita   April 10th, 2008 10:33 am ET

He hasn't even announced exactly what it is yet. How can people already be raving lunatics about how bad it is?

LEARN TO READ

GG, Dallas, TX   April 10th, 2008 10:33 am ET

What I find amusing is the apparent lack of education the democratic people have writing in the blogs. These blogs are full of the most ridiculously worded sentences, incorrect spelling, punctuation, etc. You little thumbsuckers had better worry about that and go back to school.

Mary - Independent   April 10th, 2008 10:33 am ET

Let's hope that McCain is sincere in his "home plan". If he is able to appoint C. Rice as his VP, that would give him more stability.
Nobody is happy over the war in Iraq, but this country has to concentrate on this country's issues.
If Obama receives the nomination for the Democratic party, I will vote
for McCain. Obama needs more experience to be President.

Dem   April 10th, 2008 10:34 am ET

McCentury has a domestic plan?

Allen, Lubbock, TX   April 10th, 2008 10:34 am ET

All you Hillary supporters talking about voting for Mccain—go right ahead and when you are complaining that your pocketbooks are empty and jobs keep leaving and gas prices keep rising and we keep fighting wars…I don't want to hear a peep from you.

You decided loyalty to a person was more important than loyalty to the party–both have the same ideas and plans with few differences…Obama had the best organization and out campaigned Hillary. its not his fault that he did what he was supposed to do!

Support McCain and live with the consequences like the traitors to your own conditions that you are. The funny thing is that you all will be the main ones complaining all four years and blaming Obama for losing when it would be your fault for not voting for him!

SELFISH

Patrick   April 10th, 2008 10:35 am ET

I like McCain but am not sure about this plan. I want to help people out but part of me just wants to let the free market work this out. Hopefully McCain like he always does can find a happy medium between the liberal and conservative plans for the economy. Help us McCain the moderates in this country are getting squeezed out by both parties!

CB   April 10th, 2008 10:38 am ET

I guess he was reading a book on the economy faster then he walks.

Is this the same guy who said no help for irresponsible people?

Alex H   April 10th, 2008 10:40 am ET

If Not Hillary, McCain - Don't lie, you already are a Republican. Get over yourself.

Liberals Will Be The Death Of The U.S.   April 10th, 2008 10:40 am ET

You guys just want the government to whip housing debt clear? Reward stupidity right?

Donald, SC   April 10th, 2008 10:41 am ET

Uncle Sam,

Greenspan did not endorse McShame. He said he is a republican and will vote as such.

mep   April 10th, 2008 10:42 am ET

Now he has a plan? Other than 'hang them out to dry' because they dared aspire to buying a home they couldn't afford?…This is a major flip for McCain…How seriously are we supposed to take this since he's already told us he doesn't know much about the economy?

Doug R.   April 10th, 2008 10:43 am ET

This is not a McCain plan or idea. FYI- it has been floated before. It makes no sense. Do you have any independent thoughts McCain??

James Nelson   April 10th, 2008 10:43 am ET

From the party that brought you such great planning innovations as the Iraq War, banking deregulation, energy deregulation, $4 a gallon gasoline, and the Katrina Disaster Response, now comes HOME… which I'm sure will work out just as well as past plans.

Selina   April 10th, 2008 10:44 am ET

Condi is a fake black person that can't even get a good relaxer. Not to be trusted.

Mike   April 10th, 2008 10:45 am ET

…So sick of people bashing people like Cheryl, Cheryl, I agree with you still!

We are not racist, we just don't like Obama, it's the true racist that make us out to be racist simply because we don't like his politics.

NObama basically popped up from pretty much "no where" and poof, he thinks he's president, arrogant and pompous!

Uncle Sam   April 10th, 2008 10:46 am ET

It appears that both liberals and conservatives have reason to criticize Sen. John McCain. Personally, I prefer the candidate who is independent-minded and has the courage of his convictions, who has a proven record of change by repeatedly crossing the partisan divide to help enact legislation for all Americans, and who has consistently demonstrated throughout his life personal and political sacrifice in service to a greater cause - the welfare of our country.

Americans for McCain '08

stag   April 10th, 2008 10:47 am ET

No more government plans. If you cannot afford your home, sell it. If you were too stupid to understand the loan agreement, then you deserve what ever you get…like evicted.

The expansion of the welfare state has got to stop, and now would be a good time.

Bad news is that JM, BHO, and HRC will destroy the country to get elected.

Jeff   April 10th, 2008 10:48 am ET

I'm glad my tax dollars can be used to bail out banks and hedge funds when they make risky investments, and then candidates can propose giving free money in this form to people who mis-managed their mortgages. Since my tax money is being used to pay for their mistakes, can I have the things they bought with their Home Equity Loans? Some of those LCD tv's?

I am preparing to buy my first home, and the more I see prices decline, and homes forclose, the happier I am that I am not one of the people who took unnecessary risks. Prices are dropping, and I stand to benefit, because I didn't make poor decisions with my finances.

Eric   April 10th, 2008 10:48 am ET

Good to see Cherryl is back. Just when we needed some deep thinking about the campaign. God, does she have her finger glued to the exclamation mark?

Yeah, the racist thing is certainly something that will stick to Obama. It makes a lot of sense, considering the guy has grown up in a white family.

About Mccain's plan, I could trust the guy if he could lift his eyes from the tele prompters and still can utter a three words sentence about economy that would make sense. I have not watch that yet.

CB   April 10th, 2008 10:48 am ET

I better start drinking so more of my KOOK AID, because we are in real trouble now. Come on Hillary supporters join me. You'll like it !

Obama 08″

Alonzo Demetrius   April 10th, 2008 10:48 am ET

I hope McCain's HOME takes into account legal responsibilities relating to binding contractual relationships. Is the US government going to arbitrarily cancel contracts that homeowners agreed? All of us, when we are seeking to buy a house, are offered the up-front easy payments of the adjustable loan, but only the foolish accepted such an offer.

CB   April 10th, 2008 10:49 am ET

I better start drinking so more of my KOOL AID, because we are in real trouble now. Come on Hillary supporters join me. You'll like it !

Obama 08″

wwf   April 10th, 2008 10:52 am ET

For those who are so set on voting for McCain then DO IT!! Vote for more American Soldiers losing their lives and spending more money on a war that cannot ever be won. Just shut up and DO IT! Oh, be sure to brag to everyone you know that you let your racism get in the way of common sense. If you are for the war, then enlist. I am also a typical white person. I find no offense. Maybe you are offend because you feel guilty.

Kel   April 10th, 2008 10:52 am ET

Hmm. Sounds good until you think about it. Obama's still our man. Go "O"!

Obama 08!

debra   April 10th, 2008 10:53 am ET

Now if only they could do something for defaulted student loans. Even people who owe taxes can negotiate down what they owe but not defaulted student loans. You can not even take them on a bankrupcy. The defaulted student loans from the 80's and 90's are charging over 9%. I rack up about 500.00 to 600.00 per month in interest alone. My original 35,000.00 loan is now 120,000.00 because I can't afford to pay 40,000.00 down and 2100.00 per month, even though I pay 15% of my income on a monthly basis. .

Ryan   April 10th, 2008 10:53 am ET

Why not just promise a pony for every little girl and a racecar for every little boy? I mean, who cares how they're paid for, right?

This plan of McCain's will cost money. Banks aren't going to forgive debt out of the goodness of their hearts. The federal government will end up footing the bill. And with McCain actually wanting to cut more taxes, all he's going to do is increase the annual deficit and overall national debt. Why are Republicans considered the fiscally responsible party? For the past 20 years, it's the Democrats balancing the budget and providing economic prosperity and Republicans spending this country into oblivion.

One of the lamest campaign promises ever.

sebes-fl   April 10th, 2008 10:55 am ET

Home Plan! Oh! wait, I get it, it going to be called The Mcsame Home Plan ….and it's going to take a hundred years to do this!

Obama 08

Ilona Proud Canadian   April 10th, 2008 10:57 am ET

People are so hyped up about this Rice McCain possible dream team.
I wonder why Rice did not run for the republican nomination????
Any thoughts anyone.

On this other McCain mortgage crisis, of course this was written for him. He is obviously reading the speech that his advisors gave him. I just wonder if he is going to remember what it is all about when it comes time to implement it. He seems to be extremely forgetful. And boy his temper is something else.

Taxman, Texas   April 10th, 2008 10:58 am ET

Lets tax rich conseratives till their eyes bleed money.Paybacks are a fun and I love to watch them cry.

Belle   April 10th, 2008 11:01 am ET

To the Obama supporters of if Not Hillary then McCain.

Please explain to me why a McCain/Rice ticket to Democrats for McCain is Racial?

Don't you get it….we have watched Obama for MONTHS drag Clinton through the mud with his snide comments. We just don't believe he would make a good president, given his ties to Rezko, his copying Clinton at debates, his failure to investigate Rezko/Rezmar buildings in his OWN state senate district…receiving campaign contributions from Rezko WHEN Rezmar could NOT afford to have heat in the buildings IN Senator Obama's District…what did he do? NOTHING.
He lied about his relationship with Rezko….what does he think we are Stupid…that no one would find out? 8 of 11 buildings in Obama's District were foreclosed on, yet Obama wrote a letter supporting Rezko in another building just outside of his district? Obama, in my opinion threw the Poor people under the bus.

For almost two years he has talked about hope and change…but his plans are not covering everyone. He does not take a stand, and his ONLY claim is he did not vote for the war. Of course not, he couldn't.

Ryan Whitten   April 10th, 2008 11:01 am ET

I doesn't matter what McBush says he will be going "home" soon. I think America is sick and tired of Republicans pushing through an agenda that has harmed it's people time after time. I'm disgusted with the Republicans approach of "Well, Ive got mine" Now McCain should know better than to lay down with the crowd that he is with, Heck half of Republicans can't stand him, and the other half is waiting for him to stab them in the back again, which is night and day different than on the Dems side. I'll campaign for Obama as long as I can, But if Hilliary somehow gets the nomination, I'll support her! At least the dems aren't as disfuntional as dogs that McBush has surrounded himself with.

Obama '08

Brown   April 10th, 2008 11:02 am ET

I must disagree with Cheryl and (If not Hillary, McCain). I f Hillary is the nominee, I will vote for McCain! And if you did not notice, there seems to be a black man behind Hillary at recent speeches. In contrast to Obama, who has had everyone represented at most of his speeches. Check old video footage. You might be surprized. I'm sure you'll find the tape next to the video labeled Bosnia.

Realtor   April 10th, 2008 11:07 am ET

It is time Washington makes banks and mortgage companies be held responsible for non owner occupied investor loans when the investor says he is going to live in the property and does not, that is fraud. People doing this need to be indicted.
It is time Washington require would be homeowners to have money saved and to have good credit. That is the way it was when I became a Realtor 20 years ago.
I believe in homeownership, but mortgage loan officers should have more government regulation. When interest rates dropped in the 90s, many people flooded the mortgage business and when someone could not qulaify witha 5.5 percent 30 year fixed rate mortgage, they were given a 1 or 3 year adjustable rate mortgage and told their income would go up by the time it adjusted. WRONG and we are seeing the results now.
Nothing is free in life. The day of moving into a home with no money down, no money saved and bad credit should be over for ever. If not the cycle of irresponsibility will continue.

Terrence W from NC   April 10th, 2008 11:10 am ET

If Not Hillary, McCain - two words. THAT's STUPID!

fred   April 10th, 2008 11:13 am ET

Alex H, I am a democrat and have been all my life..58 years. Never voted for a Republican, but you can bet your happy a.. I will if Obama gets the nomination!!

Obama isn't bright enough to turn on a light bulb!!

Go Hillary!!

Obama will be President   April 10th, 2008 11:14 am ET

Is he talking about the RETIREMENT HOME he's moving into?

Black Republican, Philly PA   April 10th, 2008 11:26 am ET

I don't agree with helping people that bit off more than they can chew. There are people out there that got ARMs, and interest only loans for homes that were way too expensive for their pockets. These people should suffer the consequences of poor decision making with regards to personal finance. There are others that have excellent credit, and continue to pay their debts with the utmost responsibility, but never receive any government gifts.

Black Republican, Philly PA   April 10th, 2008 11:29 am ET

Nice respone Sha-vone!

Its True   April 10th, 2008 12:38 pm ET

He makes it sound so easy. Listen, most of these people couldn't even qualify for a 30 yr loan in the first place, thats why they are losing their homes. He never mentions what the interest will be, and when you get a LOAN there is always interest. Will it be fixed interest? Who will qualify? The truth is in the small print people.

Is McCain a Democrat? cause it sounds like what Obama has suggested all along, with more government regulations on the mortgage loan private sector.

Bruce, Harpers Ferry, WV   April 10th, 2008 12:41 pm ET

Michael Torrance, I couldn't agree more.why should the taxpayers have to share the burden of speculators that knew what they werre doing? I say let them foreclose. Period.

Andrew from PA   April 10th, 2008 12:45 pm ET

The retirement home plan?

WD   April 10th, 2008 1:42 pm ET

CHERYL AND MIKE — YOU ROCK!!!!!

HILLARY '08!!

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