October 8, 2008
Posted: October 8th, 2008 12:00 PM ET

From
Sen. John McCain
Sen. John McCain

NEW YORK (CNNMoney.com) - Under a mortgage rescue plan announced at the debate Tuesday night by Senator John McCain, much of the burden of paying to keep troubled borrowers in their homes will shift to taxpayers.

McCain's original plan called for lenders to write down the value of these mortgages, and take those losses. McCain unveiled the new $300 billion plan in response to the first question of the debate.

He said, "I would order the Secretary of Treasury to immediately buy up the bad home loan mortgages in America and renegotiate at the new value of those homes, at the diminished values of those homes, and let people make those – be able to make those payments and stay in their homes."

Full Story

Filed under: Barack Obama • John McCain


Moose Hunting In Wisconsin - STATE JOURNAL Get the scoop on the Badgers   November 15th, 2008 12:07 pm ET

[...] (AK) Daily News-Miner Prosecutors say King killed a bull moose about 600 feet inside the...CNN Political Ticker: All politics, all the time Blog Archive – McCain mortgage... Then after falling flat on his rear in that effort as shown by no AZ republicans voting for it he [...]

dave g, minneapolis   October 8th, 2008 2:58 pm ET

BTW,

Bob Barr is polling in the double digits in many states... People voting Democrat or Republican may be shocked that there is a third candidate that is polling as high as Ross Perot was. Unfortunately, we don't hear Barr in the debates because the two parties have "rigged" the debate process to only include candidates that poll 15% or more in 5 national polls...But I challenge you to find even 5 polls that actually ask for the names of all the candidates rather than Dem, Repub, or Undecided.

When the polls only offer "Undecided" as the third choice, we will never hear a third party candidate in a debate....EVER.

Barbara - Texas   October 8th, 2008 2:58 pm ET

Angie from PA – Don't worry about a thing. We all know how much of a fraud John McCain and Sarah Palin are. But we the voters will have the final say so on November 4th.

VOTE "THAT ONE" for change

ready for change   October 8th, 2008 2:58 pm ET

what is it we try to teach our children? GOOD SPORTMAN SHIP. mccains no handshake after the debate, his awful referral to Senator Obama as THAT ONE , JUST SHOWS HOW UNCARING HE IS.

Karen - Missouri   October 8th, 2008 2:58 pm ET

McCain gets more erratic with every breath he takes.

first off, he is the most un-presidential personality this country has ever encountered! Hate, division, forgetfulness, lies, deceptions...and they're OBVIOUS! That's the LAST kind of person we need right now!

Of all the hairbrained schemes I've ever heard of is to buy those mortgages? What about those who did so as speculators? Or for second/vacation homes?

After all the failed years of deregulation, and not wanting Americans to all have healthcare, now McCain wants the government to go into the mortgage business? Get a grip McCain!!!!! The BANKS should've been renegotiating all along once they saw how many foreclosures were happening.

I am so disgusted with the McCain/Palin ticket I can't BEAR to watch them on TV. They're both disgusting and trying to suck up to the rest of us. McCain IS Bush, even WORSE, and I pray to GOD McCain doesn't even get reelected to the Senate! We don't need bigots like McCain anywhere near Washington!

jfs Memhis, Tn   October 8th, 2008 2:58 pm ET

This is a fantasy.............no plan..........just throwing something out there. Sort of like his chances to be President......A FANTASY

Judy   October 8th, 2008 2:58 pm ET

What was the bailout for McCain or did you just sign your name on a dotted line and not read?

Bill   October 8th, 2008 2:57 pm ET

Poor old goober is pretty clueless, isn't he!

Jason   October 8th, 2008 2:56 pm ET

McCain lied about his age to Cindy when he first met her. He's still stretching the truth to try to win relationships with voters. Tell us what we need to hear, not what we want to hear.

kalkrish   October 8th, 2008 2:56 pm ET

OBAMA WHAT ELSE YOU HAVE IN THE HILLARY CLINTON BAG OF TRICKS?

FJ from Atlanta   October 8th, 2008 2:55 pm ET

What was this $700 billion bailout for?

Why didn't he say something when meeting with bush and obama or while he was in the senate?

McCain is clueless!

That One '08

jaye   October 8th, 2008 2:55 pm ET

How much more does the nation need to hear before they finally realize that John McCain is demented (and I mean that seriously).
And Sara Palin is trying to stir up the crowds into believing that Senator Obama is a terrorist! She is sending messages to the nut cases of the world to go after Obama. Someone needs to muzzle her quick!

Ohio   October 8th, 2008 2:54 pm ET

Out of touch McFail!

dave g, minneapolis   October 8th, 2008 2:54 pm ET

Victor, nj,

BOB BARR IS RUNNING AS LIBERTARIAN.

Check his website out. He has youtube videos of him addressing the important issues...like no bailout. Returning troops from Iraq. Foreign policy. Individual responsibility and smaller government.

BOB BARR IS THE ONLY CANDIDATE THAT IS TALKING ABOUT REAL MEASURES TO FIX THE ECONOMY.

Barbara - Texas   October 8th, 2008 2:53 pm ET

John McCain what else do you have in your Carl Rove bag of tricks?
All the previous smoke screens didn't seem to work.

blaising   October 8th, 2008 2:53 pm ET

"Idon't know much about the economy" John McCain

That One '08

Cindy   October 8th, 2008 2:53 pm ET

I watched the debate last night, and I was very upset about the "that one" said by Mccain..But I was equally upset when Mccain was anserwing Oliver's question..He said so that "americans like Allen" could save there homes. Why would he do that he was talking to Oliver. Why didnt he say so that americans like you oliver can save your homes. I caught that and I thought it was very, very disrespectful to Oliver and very racist..

Yolanda   October 8th, 2008 2:53 pm ET

What an angry man McCain has become.

ltd1974   October 8th, 2008 2:52 pm ET

CNN POST THIS

O-outstanding
B-brilliant
A-amazing
M-magnificent
A-american

Mark, Vancouver WA   October 8th, 2008 2:52 pm ET

Whatever happened to personal responsibility? I bought my house at an agreed upon price and saw this as an investment – every investment carries some risk. Housing prices may go up, or down – but you are still responsible for your investment. Now McCain wants to use my tax dollars to help out those that bought homes at inflated prices? What happened to the free market? Should I just say I can't pay my mortgage so I can get some of my own tax money back? This bailout scheme is becoming more ridiculous by the day...

Thanks McCain   October 8th, 2008 2:51 pm ET

"That One" – Seems like every nasty dig and jab John McCain tries to throw at Obama seems to fumble to his dis-advantage. Sorry John didn't anyone tell you to it better to "play nice". CNN Just add another 3 points to the poll scores for Obama today. Minus 2 points for John McCain for un-necessary ruffness.

what?   October 8th, 2008 2:51 pm ET

@ tatanka,

Are you dumb or just ignorant of how things work? You say that tax and spend is ok and that the democrats know how to bring money in...

WHAT?

Sure, they'll raise taxes(bring in the money)...but their programs still cost twice or more as much as they bring in...THAT'S the whole problem. You're ok with THAT? The Republicans are guilty too.

Perry   October 8th, 2008 2:50 pm ET

McCain and Palin are slinging the mud fast and furious. Too bad, none of it is sticking.

Dana, NYC   October 8th, 2008 2:50 pm ET

From Matt: "You idiots that want to just spew your hate without thinking first need to reconsider McCains mortgage buyout plan.
Primary residence only.
If the government buys the bad mortgages, they get the interest paid on the mortgages as well. The mortgages get paid off plus interest."

First of all Matt, who are you calling idiots, you arrogant brainless McPalin fanatic? We got that, and that is why we don't agree with his idea. I am paying for my mortgage and I do not want to pay for anyone elses. Got that you freak?

ANGIE   October 8th, 2008 2:50 pm ET

I live in PA montgomery county i live right near Bethelem that rally is a FRAUD a couple of my friends obama supporters wanted to go in and they got kicked to the curb, one girl sayed something about obama and they were not allowed in not to mention that area is CONSERVIATE REPUBLICANS mccain/ palin rallies are a SHAM! FRAUDS

victor,nj   October 8th, 2008 2:49 pm ET

WHAT PARTY IS HE RUNNING AS. I NOW PREDICT THAT BOB BARR WOULD HAVE 8% OF THE POPULAR VOTE.

David   October 8th, 2008 2:49 pm ET

Also, to all of those who think McCain is finished and are already coronating Obama; there is a month left and things can happen. I would not be surprised if the neo-cons manufacture another Bin-Laden tape or some false flag operation to boost McCain. We have already seen the manufactured economic crisis.

jimmy from salt lake city, UT   October 8th, 2008 2:48 pm ET

a desperate politician throwing blatted solutions in the air 3 weeks before elections day..is that your Joker card McCain? We are smart too Obama has proposed his plans way before..

Obama/Biden 08

DEKE   October 8th, 2008 2:48 pm ET

Trust and respect just went out the window. He's not the John McCain I thought he was. My vote is going to OBAMA.

Frank Glendale Ca   October 8th, 2008 2:48 pm ET

published reports looking at list of contributions from "directors, officers, and lobbyists for Fannie Mae and Freddie Mac" for the 2008 campaign cycle. That list — using figures from the Federal Election Commission — shows McCain receiving $169,000, while Obama received only $16,000.

VERDICT: Misleading. No donations actually came from the companies. One method of measuring employee contributions does put Obama second overall, but another, for the current election cycle, shows McCain receiving significantly more.

ENOUGH IS ENOUGH... COME ON THIS IS A LIE!

Rob indetroit   October 8th, 2008 2:48 pm ET

I thought the bail-out was buying peoples morgages,H'mm sounds like MCbush is trying to hood-wink the American people. as for MCmoose just ignore her.

karla from rancho cucamonga ca   October 8th, 2008 2:47 pm ET

THAT ONE '08 ALL THE WAY BABY!!!!

Heidi   October 8th, 2008 2:46 pm ET

McCain and Palin are running on fumes.....and sticking the whole way.

David   October 8th, 2008 2:46 pm ET

Part of the problem of this current bailout plan ( I refuse to call it a "rescue". please.) is the fact that the Treasury Dept wants to continue to keep prices inflated. How long do they think they can keep this propped up? There is going to be a big burst of the bubble, folks. They are gearing up for it.

Debby   October 8th, 2008 2:45 pm ET

Well Obama doesn't have a plan and I don't see where us as taxpayers will be bailing this out either. The mortgage crisis is going to get worse if we they sit back and twiddle their fingers rather than at least trying something. The problem stems to Fanny lending to all these people over their means. This is Barney Frank and all who approved this. At least McCain has a solution and it might just stimulate home sales down the road again. Something is better than nothing. Obama and McCAin should have nixed the 700bill bailout, its not stimulating investors because they don't want to be taxed to death on capital gains so they are waiting to see who is elected. If Obama gets the Presidency, we may have a bad wallstreet for a long time with his tax proposal.

Obama just doesn't get that even though a small business owner may make less than 250. in paycheck, his/her business revenue can be over 250., which would mean higher payroll taxes, and if your a inc. higher corporate taxes. Small business's employ alot of local towns people especially if you are an hour or more from a big city.

neither one   October 8th, 2008 2:44 pm ET

Neither of these candidates have ANY fiscal responsibility.

They feel the government has to help us. They need more money do provide this help. I don't want the government to "help" me find a doctor, or to "help" me invest my money, or to "help" me by taking my mortgage, or to "help" me drive an ethanol burning vehicle, or to help me with carbon credits.

These two parties have destroyed this country. You Democrats and Republicans can point fingers at each other all day long...and you know what?? YOU'RE BOTH CORRECT!!! You two have messed everything up...maybe in varying degrees, but you are BOTH RESPONSIBLE.

It's time people wake up and stop falling for the lies that both parties are feeding you. If you vote for McBama this fall, we will all have bigger problems.

As the 'Paign Turns   October 8th, 2008 2:44 pm ET

Florida Voter – Yup. That is exactly what he said last night. I have a house I cannot sell due to the lousy real estate market. We've owned it for nearly 20 years, it's now 25K below appraisal, it's still not selling. Do ya think this will help me? Nah... just the folks who took on more than they could manage. And tho they make promises that no "liars" will get the $, look what happened with AIG and their bailout – $400K in spas, holidays, rooms, travel, food ...

Better look to Obama for some ethics and "straight talk".

Careful what you say   October 8th, 2008 2:43 pm ET

My vote goes to "That One"

Lucy   October 8th, 2008 2:41 pm ET

An angry, smart, used up WOLF in sheep's clothing. Give it up McSame to "that one". And your little girl, McMooseBushMeatKiller, too.

OBAMA/BIDEN 08

YES WE CAN!!!

Rob indetroit   October 8th, 2008 2:40 pm ET

I was just watching Mcbush's rally in pennslyvania,i heard abunch of liars ,& saw a bunch of loser's.

Daniel - GA   October 8th, 2008 2:40 pm ET

I hope everyone is listening to John McCain right now in PA. He's an absolute joke. The very things he blames Obama for doing, he's doing himself!

"Obama sure does look in the past for blame..." The next words out of McCain's mouth are "Obama is at fault for this or that and everything else."

When you grow up McCain maybe people will start listening to you.

stocks fall   October 8th, 2008 2:40 pm ET

everything McCain says is a lie

MEP   October 8th, 2008 2:40 pm ET

To Emil,
That figure( $300B) is not mentioned specifically on the bailout bill, but the authority to use the funds to pay off mortgages IS in the bail out plan's description of authorized actions. Check it out. One of the consumer protections. Or did you miss Keith Olbermann's post debate discussion last night on this very point?

please   October 8th, 2008 2:39 pm ET

KG –
besides saying Obama has used all these illegal tactics, why don't you give examples? I'm waiting...................................................

(Bye the way, there is some investigation going on regarding Pallin, even though she won't participate or acknowledge it, it's still going on)

Oh yah, still waiting for your examples. And you were never a democrat, nice try

Voting on the ISSUES   October 8th, 2008 2:39 pm ET

If my vote decides if I will have a job to go to every day. A home to go to every night. A chance to afford to send my son to college. Then I will cast my vote for change. I will be voting for the person who has the best chance of improving my life. I had been holding out on my vote and had remained undecided until I considered the issues that really matter to me most..........My Family. Forget party. My family comes first. If this Obama guy is the one then so be it. I will stand behind him to help make life for me and my family better.

Justin   October 8th, 2008 2:38 pm ET

Where else would the money come from?

Chloe   October 8th, 2008 2:38 pm ET

An angry man full of hate that is stopping at nothing to get his way.
He's now offically dangerous.

kalkrish   October 8th, 2008 2:38 pm ET

PEOPLE ARE THINKING OBAMA IS HAVING SOME SOLUTIONS,BUT THEY ARE GOING TO SUFFER AFTER MAKING HIM AS PRESIDENT.

Nancy   October 8th, 2008 2:37 pm ET

McCain has become an angry man full of hate and unfortunatly, will stop at nothing to get his way.

Dave in Houston   October 8th, 2008 2:36 pm ET

Thanks, Senator McCain, for adopting Barack Obama's idea for using the bailout money to directly to help homeowners stay in their homes.

Are you sure you should be running against him, or supporting him? How 'bout it, John, why not be bi-partisan and cooperate with the Obama Administration on saving troubled homeowners?

Proud to be American   October 8th, 2008 2:36 pm ET

John McCain is a flop flopper and will say or do anything to win. I don't trust him at all...

Obama and Biden 2008

Sam   October 8th, 2008 2:35 pm ET

KG...be specific...what in gods name are you talking about? what illegal tactics is Obama using? You sound like Palin with your lack of specifics.

Sam

banker   October 8th, 2008 2:34 pm ET

So what the H3LL is PMI (private mortgage insurance) for???

I didn't get an ARM or mortgage to 120% and I pay PMI. SO I get no help, my PMI is not covering these defaults AND I'll pay higher taxes to let people readjust their mortgages so they have less debt.

MOST of America is in MY position...NOT those freeloaders that this kind of bailout will "help".

Lunacy.

ANGIE   October 8th, 2008 2:34 pm ET

Mccain is going to leave us HOMELESS!!!

aware   October 8th, 2008 2:34 pm ET

I'll take McCain and his plans any day over the tax and spend guy! :(

Also, the obfuscating Obama has memorized his script but when he is asked a question like, "Who would be your secretary of the treasury?" he follows McCain's lead! :)

Pam   October 8th, 2008 2:34 pm ET

Beverly, NYC October 8th, 2008 12:45 pm ET

Thanks but no thanks for the new plan McCain. I have no interest in bailing out one of your rich cronies or some idiot who makes $50,000 and thought they could afford a $500,000 house. Was this bright idea on a starbucks cup?
________________________________

I think it was on a Snapple lid.

John   October 8th, 2008 2:34 pm ET

Jesus, how much money do you want us to be on the hook for, McFailin?

Cory Harrison   October 8th, 2008 2:34 pm ET

I think what he is trying to do is a good idea just at the wrong time as of now we have a much bigger crisis than our mortgage problem

Dana, NYC   October 8th, 2008 2:33 pm ET

"...he will order the treasury secretary...." Oh, is that how it goes under the McPalin administration? You don't ask permission to use the taxpayers' money, you just order the use of them? How about this, you brainless old men – rally up all your supporters and make them pay these mortgages... How is that fair to the other 95% of the people who are paying their mortgages and might also be upside-down on them due to this mortgage crisis? Did you stop to think that deep? Oh, sorry, that would require a brain, you arrogant cluelles old man.

THAT ONE HAS MY VOTE

Regal, MT   October 8th, 2008 2:33 pm ET

And who is the Republican candidate? I'm getting confused. John must really want this bad –he's turning into Dukakis.

Sweetgreen   October 8th, 2008 2:33 pm ET

"That One" has my vote! McCain, I just really hate seeing you sell yourself out like this. I have admired you in the past, but you have no dignity left.

Matt   October 8th, 2008 2:32 pm ET

You idiots that want to just spew your hate without thinking first need to reconsider McCains mortgage buyout plan.
Primary residence only.
If the government buys the bad mortgages, they get the interest paid on the mortgages as well. The mortgages get paid off plus interest.

That's making money !!!!!

Obama=ACORN=Barney Frank=Pelosi=Reid=Fannie & Freddie=voter fraud=socialism=partisan.

Too many connections to the problems we face today !!!!

McCain/Palin "True reform and bipartisanship"

tatanka   October 8th, 2008 2:32 pm ET

To AWARE
At least the dems know how to get money to spend the repuks just spend until they have to borrow. Then what happens is the markets collapse. You have to have money coming in before you can spend. If that is tax and spend it's ok with me. At least we can pay for it.

Brian in upstate N.Y.   October 8th, 2008 2:32 pm ET

The word "change" in politics is defined as "same old,same old. Try to remember that when and if you vote.

bisi   October 8th, 2008 2:31 pm ET

Really,John, after your disgusting performance, I don't believe anything you have to say. To think I wanted to vote for you! You and your illiterate, ignorant, redneck Palin have sunk so low, calling Obama a terrorist and actually inciting violence. You are nothing but a bitter sore-loser who needs to take up a hobby and retire in disgrace. I wouldn't vote for you if you were the last candidate left and i were the only citizen in the USA. Shame on you!!!!

Chad, OK   October 8th, 2008 2:31 pm ET

A lot of my friends say they are secretly voting for Obama. They talk tough around their friends and pretend they're voting for McCain, but they really think he's an idiot, and his running mate is just a babe, but there's nothing upstairs.

Allison   October 8th, 2008 2:31 pm ET

I'm voting for "that one" with one house.

fed up   October 8th, 2008 2:31 pm ET

Let's just erase all debt and call it even and start over–fresh.
No Democrats or Republicans.

Alan Machtey Sugar land texas   October 8th, 2008 2:31 pm ET

John looked old and tired at the debate. The real TRUTH about McCain Health Plan is to get every American off Corporate Health Plans and let every HardworkinAmerican fend for himself. Again showing how American Corporation enchanced their bottom line.

Matt   October 8th, 2008 2:31 pm ET

I have enough trouble paying for my mortgage!!
I WILL NOT PAY OTHERS TOO!!!
If McCain does get elected ( which he will not) he will be dead within the first year of his term cuz he is how old? 70 something. He needs to just stop trying to win an election he knows he doesn't have a chance @.

Tired of Laughing   October 8th, 2008 2:31 pm ET

I am a registered Republician voter and I am tired of laughing. I am tired of the jokes. Tired of the districtions. Tired of the foolish behavior. If the GOP can't get it together, so be it. I will vote with my purse come November. I don't care if Obama is Black, Red, Green or Purple. John McCain has proven to me that he is not worthy of my vote.

Paul   October 8th, 2008 2:30 pm ET

Another fine example of poor judgment.

Jim   October 8th, 2008 2:30 pm ET

I'm puzzled! Someone please explain why an airline pilot meet mandatory retirement age upon reaching 60. But we have an old man that's 72 – and running for election to the highest office in the land, president of the United States of America. I do not get it. This concept is out of touch with all americans.

Sue   October 8th, 2008 2:29 pm ET

Yeah, sounds like a plan, John. Remember, Cindy says you are running a clean campaign...wonder how the 4 of you sleep at night after lying all day long?

S.B. Stein E.B. NJ   October 8th, 2008 2:29 pm ET

Why couldn't we have done what Gordon Brown and Britian are doing... They are buying preferred stock in 8 large British banks to infuse some money into the market and possible make the money back. I would have preferred to have the bankrupcy judges to have some ablitiy to rewrite the mortgages so that people can stay in their houses and the banks will still get their money.

Stephanie, TX   October 8th, 2008 2:29 pm ET

I wish someone would play a tape of the John McCain when he first started his bid for the presidency and the John McCain today. You said we don't know Obama, but the truth is, we don't know you. Who are you, John?

Obama/Biden 08

Susan in Colorado   October 8th, 2008 2:29 pm ET

Another fine example for "swoosing" the voters. Lies, lies, lies, and more lies. McCain needs to leave the building.

goofy   October 8th, 2008 2:29 pm ET

The democrats are hilarious...keep thinking that they will get tax breaks AND universal healthcare, and big government.

Repubs are just as funny talking about small government...HA!

Two parties are jokes.

aware   October 8th, 2008 2:29 pm ET

McCain/Palin 08! :)

Obamanomics would give America a "beyond belief" financial disaster! :(

Al   October 8th, 2008 2:29 pm ET

Candidates will say anything to get elected. Several months ago when the economy was not in such a mess, he said he, McCain, agrees with 90% of Bush's policies.Since 99% of Bush's policies have been failures, McCain's policies would be 89% wrong going forward. Do you want to elect someone who will be wrong 89% of the time?

MDer for Obama   October 8th, 2008 2:28 pm ET

I can thank John McCain for something! I am going to make a lot of money on my "I'm Voting for 'The one'" t-shirts. I will then donate as much as I legally can to the Obama campaign.

That ONE   October 8th, 2008 2:27 pm ET

Why not throw in one of your 12 homes? McPa.

ines   October 8th, 2008 2:26 pm ET

Man............ Is this the best you got, McCain?!?!?

Stop wasting your time and energy. You've already lost.

dave g, minneapolis   October 8th, 2008 2:26 pm ET

How can any of you Republicans honestly vote for McCain? He talks out of both sides of his mouth at the same time saying he'll have "spending freezes" and also get the government to "readjust" mortgages by buying them...

From the Democrats, I expect bigger government and higher taxes.

This is why I'm voting for Bob Barr, Libertarian. He IS against bailouts and bigger government.

Lip Stick Smear   October 8th, 2008 2:26 pm ET

Is John McCain's campaign "ON" or "OFF" today?

Jordan - San Marcos TX   October 8th, 2008 2:26 pm ET

The McCain campaign continues to dig it's own grave, and the grave of it's party's last desperate attempt to keep it's hold on our political power structure.

Time's up for the GOP. Our nation is ready for Obama to be President and more and more it needs Obama to be president.

Chuck   October 8th, 2008 2:25 pm ET

Republicans in the White House and Congress glorify free market principles as loan shark lenders forclose millions of homes, and now, Bush is giving 1 trillion borrowed taxpayer dollars to corrupt CEOs while claiming to be a patriot and Christian.

Vote wisely - the Republican Party is controlled by business, and is waging war to make the U.S. Government of business, by business, and for business.

Kyle   October 8th, 2008 2:25 pm ET

I have lost all respect for John McCain.

You Decide   October 8th, 2008 2:24 pm ET

John McCain and Sarah Palin Straight talk to NONE of the questions.

Jory   October 8th, 2008 2:24 pm ET

McCain is acting like a spoiled rich brat.

Edna, MO   October 8th, 2008 2:24 pm ET

Try again John, open up your goodie bag and give us a clue that you know what you're talking about.

There's a reason Warren Buffet is talking to Barack.

Obama/Biden 08

Shari, NY   October 8th, 2008 2:23 pm ET

Hillary supporters who are still in mourning: You got it real bad. Are you plannng to live in exile come Nov. 5?

CENSORED   October 8th, 2008 2:23 pm ET

So how is this not a tax increase for responsible Americans? Didn't McSame say he wouldn't raise our taxes one single cent? I have to sacrifice a lot to pay my bills, it's called responsibility. Now I am asked to pay for someone else's irresponsibility? Great idea there John! If you haven't noticed, all of America is hurting. Didn't you say that in a recession the last thing you do is raise taxes?

Jennifer   October 8th, 2008 2:23 pm ET

Uh...and Fox isn't in the tank for the republicans? Get real. And by the way, CNN and MSNBC did text polls. Doesn't seem strange that 88% in their poll thought Mc Cain won?

You and Faux News sure take yourselves seriously–then I gues you should because no one else on earth does.

Just a thought   October 8th, 2008 2:22 pm ET

Just a thought – I wonder if this means that John McCain will be raising our taxes now. If this is the case maybe we won't have to listen to him say this about Obama over and over. "Obama is going to raise taxes. Where do you propose to get this money to cover these bad mortgages John?..............................hmm..... More of your Straight talk and Transparency down the toilet.

John   October 8th, 2008 2:22 pm ET

Now, people know if anything happened to Obama, who was the person bebind the door called 'kill him' – that is Palin.

kalkrish   October 8th, 2008 2:22 pm ET

OBAMA ALWAY SAYS HE S HAVING A PLAN AND ALSO SAYS HE WILL FIX BY DOING LIKE A LEADER,FOR JUST INFO.T FIX THIS CRISIS YOU NEED BRAIN OBAMA NOT JUST LEADERSHIP AND I FEEL OBAMA SHOULD KNOW THIS AND LET HIM SHOW HE HAVE KNOWLEDGE FIRST AND THEN SPEAK ABOUT THE LEADERSHIP.

AJ   October 8th, 2008 2:19 pm ET

McCain is clueless about the economy.

If the government is to buy distressed mortgages, there is no reason to take a loss and buy them at current value to punish the responsible tax payers. Buy and re-structure the mortgages for the amount owed. Houses will appreciate again. Homeowners getting a "bailout" shouldn't be selling or refinancing anytime soon anyway.

Dana   October 8th, 2008 2:19 pm ET

ok, now i'm P*ssed. i'm not delinquent on a mortgage. I rent. i pay enough taxes as it is and i am NOT helping to bail out people who took on too much debt and cannot pay their mortgages!!!!
McCain is ignorant and probably doing this because he thinks that the number of families affected by this may boost his vote.
I wish i could vote twice for Obama now/!

ran   October 8th, 2008 2:19 pm ET

Why did they not give us 1 million each that would have cost only 300 million based on the last census not 700 billion.

I say no more bailouts except for us. Give us the money it's ours to start with.

KEATINGECONOMICS.COM   October 8th, 2008 2:19 pm ET

Not this time! Vote for "that one" on November 4th!

Tina   October 8th, 2008 2:18 pm ET

I still have that imagine of McCain hugging Bush.....he should have hugged a tree!

Ashley   October 8th, 2008 2:16 pm ET

We need to clean this country up for good. I'm voting OBAMA and am voting straight Democratic from there. If we don't get the rest of the garbage out with George, then the country will still stink!!

Jason   October 8th, 2008 2:16 pm ET

In response to the comment about Fox News having an unbiased polling method: As a statistician, I can tell you that both Fox News and CNN have very biased polling methods. Both ask their own viewers to respond, so you will only get the opinions of viewers of Fox News or CNN respectively. As most people can deduce, Fox News is watched by a more conservative audience and CNN is watched by a more progressive audience. Thus, the populations polled by both organizations are inherently biased and this is why you will always see different poll results from both "news" organizations. Even the Gallup polls are biased (though much better) as they do not poll people who do not have a land line phone and are thus do not include the multitude of young people who only use a cell phone.

Brian in upstate N.Y.   October 8th, 2008 2:16 pm ET

canyou imagine either one in office?? Now that's DANGEROUS.

JOHN   October 8th, 2008 2:16 pm ET

PEOPLE WAKE UP OBAMA REDUCING TAXES THATS A JOKE .
HE IS A DEMOCATE

kenny cole   October 8th, 2008 2:16 pm ET

ANY REP.OUT THERE?THEY ALL VANISH,ALL STATE TURN BLUE THE DEAL IS CLOSE OBAMA OUR PRESIDENT

Love My USA/Do You?   October 8th, 2008 2:16 pm ET

The money is in the BAIL OUT, all McCain was saying, but not clearly, that this money would be spent the way it is allocated in the BAIL OUT.
BO is still has to much baggage to be preseident of this country.

LIES, DECEIT AND PROPAGANA IS HIS PLATFORM.

DEMOCRAT VOTING STRAIGHT REPUBLICAN, AND SO SHOULD YOU, IF YOU WANT OUT COUNTRY TO BE FREE OF SOCIALISM

mitch   October 8th, 2008 2:15 pm ET

under john's plan we'll all end up in FEMA trailers.

Ken   October 8th, 2008 2:15 pm ET

So McCain is telling those with big mortgages on homes that have dropped in value to just stop paying the mortgage. Pay off the credit cards and wait for Big John to buy your mortgage and then give you a mortgage at a lower amount.

If you have an expensive house in places that have been hard hit you can save hundreds of thousands of dollars.

So who pays? The mortgage holders take a hit, but they then pay less in income taxes so the taxpayers pick up about a third of the real costs.

This could be a multi-trillion dollar bail out when you follow the money all the way back to the taxpayers.

VALUES   October 8th, 2008 2:15 pm ET

THIS GUY IS A MORON. AND PALIN IS A JOKE.

SENATUS POPOLUSQUE ROMANUS   October 8th, 2008 2:15 pm ET

One more demonstration that McCLOWN cannot grasp anything about Economy.

elvera   October 8th, 2008 2:15 pm ET

No doubts, McCain has no the slightest idea how to fix our economy, financial system, Social Security, Medicare, or anything. This is the reason McCain and his campaign will continue to throw dirt, spout lies, misrepresentations, and smears. McCain and his VP, Sarah Palin, are intellectually-challenged, arrogant, and hateful people. 'John McCain can throw the entire sink at Obama and he will not win the White House. The lack of common sense, arrogance, self-praise, old age, bad judgment and hatred has cost John McCain the White House. It is over, and John McCain knows it and that is why Americans are seeing so much of hidden hatred gushing from his mouth. I'll say it again, ‘it’s not what goes into a man that defiles him, it's what comes out’. I support this message; I think this is a brilliant description of McCain.

Amy   October 8th, 2008 2:15 pm ET

John McCain is the ultimate flip flopper. First he wants to be seen as the knight charging in to save the first bailout. Then after falling flat on his rear in that effort as shown by no AZ republicans voting for it he turns around and votes for the one stuffed with pork – something he's cited previously as his reason for voting against important issues. After he voted for it he was trying to find a way to distance himself from it, and then last night he announces that he wants to spent $300 million more of our money?!?!

Who is the real John McCain???

Desmond Sequeira   October 8th, 2008 2:14 pm ET

"That One" is after all "THE ONE". Mcsame/Pailin gives us absolutely no other choice!

Maggie Muggins   October 8th, 2008 2:14 pm ET

Poor John he has gone past desperate and is putting either little or no thought into what he says or does.

It's too little too late to make any economic plan changes now as people will not believe any new policies and simply write them off as lies to try and turn the election around with no real intention of implementing them if he got elected.

Lexie   October 8th, 2008 2:14 pm ET

It's over......he finally has lost his last marble.

Doris,Memphis,TN   October 8th, 2008 2:13 pm ET

America loves "That One"!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!OBAMA.
We also love "That Other One"!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!BIDEN.

Eric   October 8th, 2008 2:13 pm ET

I'm voting for That One!!!!

Obama/Biden 08

melvi   October 8th, 2008 2:13 pm ET

The gov't has shown it can easily raise a trillion (or 5 during the Bush term alone) so why not raise a couple more two to set up a Manhattan or Apollo type project to produce solar cells dirt cheap. We probably can pay off our national debt by selling these to the world. Then the whole world gets unlimited supply of cheap and clean energy.

Desmond Sequeira   October 8th, 2008 2:13 pm ET

"THAT ONE" is indeed "THE ONE". McSame/Failin gives us absolutely NO OTHER CHOICE

TN Obama Mama   October 8th, 2008 2:12 pm ET

This plan is not good for McCain, he did not even explain how it was supposed to be different from the " RESCUE" as he called it. By the way did anyone watch Hardball last night? As a TN voter and Obama supporter, I thought it was wonderful how there were so many Obama supporters in Nashville. Chris Matthews even stated it was like being at a democratic convention, and TN is supposed to be a red state. You could literally count the McCain supporters on your hands!

ERIC   October 8th, 2008 2:12 pm ET

OBAMA IS THE HOT HEAD NOT MC CANE
WHO WAS IT THAT CONTOLED THE MONEY GOING TO SCHOOLS TEACHING KIDS TO BE RADICALS

Great Solution   October 8th, 2008 2:12 pm ET

Sounds like he's onto a plan to save our economy. I guess we don't have to disturb Obama by calling him on the phone.

Jack   October 8th, 2008 2:12 pm ET

Remember this is the guy that supported good ole George Bush over and over again. I have a good idea what he'll give us in the next four years....exactly what we got from George!

OBAMA for a new direction.

tatanka   October 8th, 2008 2:11 pm ET

That sounds like a republican president.

mitch   October 8th, 2008 2:11 pm ET

gallup daily tracking
obama 52%
mccain 41%

irony   October 8th, 2008 2:11 pm ET

i find it hard to believe any conservative would support socializing home ownership at the cost to the taxpayers.

Maria - South Carolina   October 8th, 2008 2:11 pm ET

John McCain NOW is the Time. Your service to this country has been most honorable. But now is the time to step aside. Time to hand over the wheel to a new, fresh, willing and able leader............Barack Obama.

Janine   October 8th, 2008 2:10 pm ET

If McCain knew how to fix everything then why didn't he tell Bush.

Nobama- when did Obama say he was going to hand out money? I need a time and place so we can all be there.

Maybe I was watching a different debate.

MS in Engineering   October 8th, 2008 2:09 pm ET

Nobama at 1:45 pm:

How can someone who doesn't pay taxes receive anything from a tax decrease? THEY DON'T. If you don't pay taxes, then neither Obama's NOR McCain's tax plans affect you. Obama's plan isn't a handout – it's reducing the amount of taxes you have to pay.

Talk about a math wizard!

GEORGE   October 8th, 2008 2:09 pm ET

HOTHEAD MC CANE????????????????

WHO WAS FUNNELING MONEY TO TEACH KIDS TO BE RADICALS

HALLO IT WAS OBAMA AND AIRES

Beth   October 8th, 2008 2:09 pm ET

This guy has lost all sense of good judgment. Starting with the pick of Palin as his running mate, McCain has gone down hill from there, and there is nothing left of the guy I used to respect. He is doing whatever it can to get elected, and gave up big time to the right wing. This guy McCain is scary, and Palin is even worse.

I hope the country goes blue in November. That is the only hope for turning our economy around. The republicans this time truly scare me.

MEP   October 8th, 2008 2:08 pm ET

If he had read the Bailout Bill at all himself , he would know that one of the authorized actions for tthose administering the bill was paying off just such mortgages. Then he adds $ 300 B more. Does he read anything? ( Can he read?). What a maverick!

Kate   October 8th, 2008 2:08 pm ET

I know, I will not pay my mortgate for a couple of months so I can qualify to be on McCain's list. I love this idea!!!

Darla   October 8th, 2008 2:07 pm ET

McCain shows absolutley no respect for anyone. He'll step on everybody and anyone in his way, no matter what the costs are. He's been a spoiled little rich kid all his life.

sh   October 8th, 2008 2:07 pm ET

I thought MCCAIN professes to be fiscal conservative maybe he and his wife can donate 100 million of their own money to help out because voters are not going to pay for the stupid decisions. BUSH and his SIDEKICK MCCAIN and his granddaughter Palin will loot whatever tax payers money may be left.

Becky   October 8th, 2008 2:06 pm ET

This is a great idea for Barack to do when he is elected!

EMIL   October 8th, 2008 2:06 pm ET

SOME ONE BETTER CHECK THERE FACTS 300 BILLION FOR MORTGAGES IS NOT IN THE RESCUE PLAN

GO MC CANE

Vincent, Great Lakes, Illinois   October 8th, 2008 2:06 pm ET

Actually Liz,

It is THAT ONE, not the one.

P.S. CNN used three Republicans and three Democrates last night. I think you might have missed the memo on that.

Anne   October 8th, 2008 2:04 pm ET

Can you imagine a "hot head" like McCain in the oval office??. DANGEROUS!!

Shane   October 8th, 2008 2:03 pm ET

John McCains true colors are showing. He is a man full of hate and desperation. He has become dangerous.

AirDiva for OBAMA   October 8th, 2008 2:03 pm ET

"I can take four more weeks of John McCain’s attacks, but America can’t take four more years of John McCain’s George Bush policies."
- Barack Obama 10/8/08

Matt   October 8th, 2008 2:02 pm ET

I have lost ALL respect for John McCain. He has launched a horrible campaign full of lies and hatred. This type of behaviour is totally unacceptable!!

King Obama   October 8th, 2008 2:02 pm ET

I see that my loyal subjects are all on the same page with chants of "That One."

It's good to be the king. :-)

I'm here are you Johnny?   October 8th, 2008 2:02 pm ET

Ted in the Netherlands,
Thank you for your comment. We need to hear everyone around the world is saying. The USA needs CHANGE. As for Gov. Palin stick to Moose hunting. I hear McCain is about to retire...take him with you.

Barack " That One" Obama for president.

aware   October 8th, 2008 2:01 pm ET

The radical left-wing media, money and cronies choose a president!

Journalism and democracy are dead!

Obamanomics — the Coming Tax-and-Spend Nightmare!

Pelosi, Reid and Obama – the new nightmare team! :(

jay   October 8th, 2008 2:00 pm ET

so all homeoweners who are not paying their mortgages will get a free ride while people who have worked hard andf payed their mortgages will have to shoulder this too....................

Fred   October 8th, 2008 2:00 pm ET

Bush all over again ! No – No fiscal responsibility. And he is on some other planet – We just approved a package to help home owners. How can anyone respect or want to vote for that man ?

THAT ONE!!!!   October 8th, 2008 1:59 pm ET

Vote for That One!! The One with One House!!

Gia in Los Angeles, CA   October 8th, 2008 1:59 pm ET

McCain threw the idea out there out of nowhere and didn't even bother to tell the people how it would be paid for or how much it would cost!! Up to now, his campaign ideas have been from the Bush administration or stolen from Obama!! This time, he prefaced his plan by saying that it wasn't Bush's plan and it wasn't Obama's plan! I'm glad he's taking full credit for it, because no one will back him on it!!

bill   October 8th, 2008 1:59 pm ET

I can pay my own mortgage once we get free health care and utilities.

Obama 08

ready for change   October 8th, 2008 1:58 pm ET

with mccain palin, we will not only have to open up our multi shelters for our storm and disaster victims, they will become our permanant homes.

arlene, CA   October 8th, 2008 1:58 pm ET

Obama won the debate & Obama will win in Nov.08. We got our mail in ballots yesterday, and I & 3 family members mailed them in this a.m. & also 5 friends I know of also mailed theirs in this a.m. all for Obama. McCain has nothing left to do except attack, attack, attack. I am sick of his lies, his negative, hateful, unhonorable campaign. No McCain, No Palin, No Way, No How.

sh   October 8th, 2008 1:57 pm ET

Voters cannot be fooled this time. The old dog and pony trick will not work this time. People are hyrting and onlt thing this Alaska cessationist Palin can do is attack others character. She is the one who has fathered 5 kids with domestic terrorist Dude and she has the gal to call other candidate these lies.

Kate   October 8th, 2008 1:57 pm ET

whoever is advising John McCain should be sent to jail. My theory is they were planted by democrats.

that one 08!

simp   October 8th, 2008 1:57 pm ET

I can't imagine palin/mcain in the white. do you all know what this would do to our country? He is angry and a war fanatic and she is is air head moron. Wow can you imagine the state of our country?

Obama/Biden

JAQ   October 8th, 2008 1:57 pm ET

SEAN HANNITY IS THE BIGGEST SUPPORTER OF ISRAEL WHAT PLANNET ARE YOU LIVING ON RUTHIE

D. A. Reuter, Bremerton, WA   October 8th, 2008 1:56 pm ET

I want to see the POTUS and Congress held accountable for the part they played in this mess, after all they made it happen.

joseph   October 8th, 2008 1:56 pm ET

we got socialist to the left of me, socialists to the right, here i am stuck in the mud again.

btw obama we arent a wealthy nation anymore so please scratch your socialized health care, and your global poverty tax, cuz we will need that money.

Brian in upstate N.Y.   October 8th, 2008 1:56 pm ET

Stop taxing me. I think someone should audit the government. where has all the money gone? I've tightend my belt, because I have to. Why is the government able to spend,spend,spend? Get back to basics, spend on what we NEED. Once they can distinguish between need and have to have, I think you'll find alot more money than you thought.

ez   October 8th, 2008 1:55 pm ET

Early voting is the way to go.

Registered Republican voted for Obama/Biden 08

Zaley   October 8th, 2008 1:55 pm ET

Does McCain think before he speaks? We know Palin doesn't.
Both are appearing more and more desperate, thus, looking more and more like fools.

Noel   October 8th, 2008 1:55 pm ET

ABCDEFGHIJK MNOPQRSTUVWXYZ

This will be the biggest present America can give themselves.

Obama/Biden 08

KG   October 8th, 2008 1:54 pm ET

I don't understand how so many people can talk about McCains tactics and just overlook the illegal tactic of obama, I mean McCain just says things about obama but obama has real illegal issues going on around him. I can't believe that our politicians on the democratic side can just overlook these things. I was a democrate all my life but I am seriously thinking of registering as a republican.After studying the fraud and illegal tactics going on in the demacratic party , it started with Hillary whom they used every tactic to keep her out and now they are even using dirtier and more illegal tactics to keep McCain out. Sorry our society is so blinded as not to see this.

Jill Rae   October 8th, 2008 1:54 pm ET

Vote for the guy with one house.

Leanne   October 8th, 2008 1:53 pm ET

McCain and Palin will say and do anything to attract a vote...obviously.

Norma, FL   October 8th, 2008 1:53 pm ET

Person #1:
If I can make you say three words, will you vote for John McCain?

Person #2:
You lose.

Jerry Ohio   October 8th, 2008 1:52 pm ET

McCain and Palin, Cindy your are a bunch of jokes who trying to destroy American.....McCain you are disgrace for calling Obama THAT ONE.......I wondering what Bush and the Republican have to say about THAT ONE----->>>>Palin

I AM "THAT ONE" AND DONT YOU EVER CALL ME "MY FRIENDS" - JOHN McINSANE   October 8th, 2008 1:51 pm ET

John McSAME wants to write down the mortgages of his 13 hiouses and let the tax payer bear the burden of the cost.

hmmm, this No longer the MR DEREGULATOR...John McSAME IS NOW MR FRAUDULATOR!!!!

John Mcain - Leave with honor   October 8th, 2008 1:51 pm ET

John we do admire and appreciate your service to this country. But now is the time to step aside. Leave with honor. Stop this non-sense. You appear more confused and erractic every day.

Liz   October 8th, 2008 1:51 pm ET

Is it not strange that when you watch CNN they report that Obama won the debate but when you watch Fox News they say MCain won the debate. I saw how Fox News did their polling and it was people woulc text in and chose who they thought won. But CNN, as usual, picked the people they wanted to poll and their opinion. So tell me, with CNN so pro-Obama (The Messiah/The One) I know they fully well knew that the majority of the voters who they picked would certainly say that Obama won. This CNN polling was not a unbiased process so of course you will get the majority of the idiots polled will definitely say Obama. I take this CNN polling with a grain of salt just like their reporting. The Fox polling was a superior process to what CNN used. So as an undecided voter, I will say McCain won the debate. When CNN does a better polling process then I will consider their results. We all know that this polling would be biased. ANYWAY TO EACH HIS OWN!!!!!!! ANYWAY LETS US SEE THE REAL POLLING ON NOVEMBER 4 THAT'S IF THE VOTER REGISTRATION FRAUD HAS NOT TAKEN OVER THE WHOLE ELECTORIAL PROCESS AND WE HAVE A FLAWED ELECTION.

James   October 8th, 2008 1:51 pm ET

It urks me to no end how people tout Obama's most liberal title. The funny thing about this is that it was the National review that calls him this. Now suddenly, this is the gospel. Does anyone but me not see the obvious conflict of interest here when the NATIONAL REVIEW is the one making this judgement? Who doesn't think they have an agenda to get another Republican elected?

Funny how every democratic candidate of late gets this nice distinction. (ever since liberal became a dirty word)

Underwater Mortgages   October 8th, 2008 1:50 pm ET

Watch It. He's gettin' all MAVERICKY

Farrell, Houston, Tx   October 8th, 2008 1:50 pm ET

Would someone just please call the "Undertaker" before McCain buries Americans while he continues to bury himself in stupidity.

Tommy   October 8th, 2008 1:50 pm ET

If you think John McCain cares anymore about the average american taxpayer than George W. Bush does, you are simply delusional and living in Disneyworld.

Peter (CA)   October 8th, 2008 1:48 pm ET

ME-don't get too excited.

Rasmussen went from 52-44 yesterday to 51-45 today. It's not significant and has moved in this range for a week now. Unless Obama drops below 50 or McCain goes over 45, it does not mean much. By the way, Gallup has it at 52-41 today.
More importantly, the electoral map heavily favors Obama.

Throw out all of the charges you want. McCain has tried and nothing sticks. Why? Because voters see through this stuff and know what matters.

Vaxe   October 8th, 2008 1:48 pm ET

This is a guy who call himself a conservitve. NO BIG GOVENMENT. His is crazy

Steve   October 8th, 2008 1:48 pm ET

My friends, I know how to do these things

- I know how to find Bin Laden.
- I know how to fix the global financial crisis.
- I know how to fix social security. In fact, this one is very easy.
- Health care? Easy as handing the ball off to a running back.
- The wars in Iraq and Afghanistan? I know hot to fix them as well.

My friends, I know how to fix all of our nation's problems but I haven't because I'm waiting until I become President to do so. Why? Because as you all know, I put country first.

bob   October 8th, 2008 1:48 pm ET

One of my favorite moments was McCain's argument that competition will improve the quality of health insurance. Has he been asleep for the past 30 years?

Doug   October 8th, 2008 1:48 pm ET

This "idea" is a smoke screen! That proposal is already in the bailout plan. Even if this was done in addition, who ends up paying for it; you and me??? McCain is desperately trying anything to score some points and is being completely erratic as he has been through the entire campaign.

What John should do is go back to the Senate and retire when his term is up and live the "good life" with his elitist wife in one of their 9 houses.

Get Real   October 8th, 2008 1:48 pm ET

Another example of McCain Stealing Obama's ideas and failing to articulate them correctly

In Sept. and early October Barack Obama proposed that the government work with foorclosure/bankrupt judges to allow them to adjust interest rates and possible re-value individuals mortgage based on teh value of the homes to keep people in their homes and maintain cash flow into the economy.

McCain, stole the idea, messed it up and could nto even explain. That is why when McCain brought it up in the debate Barack just laughed and did not counter the attack.. he knew McCain and DONE IT AGAIN!

Florida voter   October 8th, 2008 1:47 pm ET

I have continued to support Senator McCain in his bid for the White House. I believe in his integrity and his willingness to put the country first. Obama's affiliations with individuals and organizations that have goals contrary to the security and safety of our citizens make me wonder how we could possibly consider him to be our Leader. McCain's latest proposal for the government to buy up the bad mortgages of people who, in many cases, were misled by their realtors and lenders to buy homes they probably knew they couldn't afford gives me pause. Why should those of us who have purchased less expensive homes to stay within our budget range and worked so hard to keep up the payments pay for the misjudgment of others who were either greedy beyond their means or at least overly optimistic in their decision making? Please, John, say it ain't so!

Tired of the Lies   October 8th, 2008 1:47 pm ET

Hey Doug Holtz-Eakin, I thought you said it was best to enter the white house without an economic plan? I thought you said setting up some kind of commission after the inaugeration to study the economy was the way to go.

What happened? Polls slip too low? Or did ol' John finally decide the fundamentals of the economy weren't so great after all, and maybe he should start thinking about what the president should be doing in his first months in office?

Sandi   October 8th, 2008 1:47 pm ET

FIRST I WAS A REPUBLICAN. I was concerned about his age, but gave the benefit of doubt to McCain.

THEN I WAS UNDECIDED, when he brought Palin on board and her responses to Kati.

In the 2nd debate McCain was angry, his punches at Obama were unfounded and misleading. He seemed to be gasping for air and exhuasted. His "my friends" tagline annoyed me. Then I heard his irrational plan to bail out those who overborrowed. I cannot take it anymore.

America cannot afford the McBush and Pitbull ticket.

I am all for OBAMA now.

OBAMAKERRY   October 8th, 2008 1:46 pm ET

Obama-Kerry is going to lose the election. If I were the democrats I would watch those exit polls very carefully. Obama-Kerry is a very weak candidate. In the debates you can see him faking it. Shifty eyed and a very phoney smile.

John McCain JUST DOESN'T GET IT   October 8th, 2008 1:46 pm ET

John do your self a favor – consult an economic advisor before coming out in public with these stupid proposals. Is the Maverick really getting that DESPERET.

Obama Mama   October 8th, 2008 1:46 pm ET

OK give him a break! The poor OLD thing, at least he came up with something considering they have been so busy bashing Obama!!
Lets not forget people he had very little time to think of since they had already turned the page on the economy. It just wasn't enough!! I personally think it is so funny that the more they talk wether it is good or bad, the more America loves OBAMA!!!!!!

nobama   October 8th, 2008 1:45 pm ET

Hey math wizards!

NOW, you're all concerned about the deficit.
I hate deficit spending, but sometimes something has to be done to help. If Obama had this idea you would all be praising his genius.

Explain to me how this is different from the "Chosen One's" tax plan.
He is going to cut taxed for 95% of Americans. Problem..Only 60% of Americans pay taxes. So his plan in fact IS wealth distribution. How very communist/socialist of him. SO he is going to hand out money to people who pay no taxes. That is deficit spending.
Quick someone get Obama some green tights and a bow and arrow.

kalkrish   October 8th, 2008 1:44 pm ET

people who votes for obama will for sure cry in future for selecting a person who never decides in his own and will alwyas ask his party what to do,how to do and he will be like a doll in the hands of liberal people who is now in congress.

Sarah Palin   October 8th, 2008 1:44 pm ET

Senator McCain, remember when you already said this was a bad idea? Senator McCain.... Senator McCain?

was4hillarynow4that1   October 8th, 2008 1:43 pm ET

McCain's idea sounded too good to be true to me. Any plan McCain seems to have a way of benefiting those in power or the very rich. Remember his plan to give folks $5K to buy health insurance and then the truth comes out...health insurance provided to us by our employers becomes taxable income for the first time.

Thanks but no thanks, John. I'll take "that one" over you any day.

GERRIE   October 8th, 2008 1:42 pm ET

WHY DOES EVERYBODY THINK THE REPUBLICANS CAUSED THIS PROBLEM, THEY DID NOT PUSYH THESE UNSECURED MORTGAGES THRU AND THEY DID NOT HAVE CONTROLE OVER THE SENATE END CONGRESS LAST 2 YEARS

SAVE US MC CANE

kalkrish   October 8th, 2008 1:42 pm ET

if obama comes people have to ask him how is he going to end the war? how is he going to catch bin laden ? as all of us know he is going to bomb pakistan and how is he going to handle iran? oh ,he will talk with him and say oh come on dont do this" he will say , ok obama i will stop for you and lets do some thing together and punish this people , obama will say oh yes,thats what i feel and you said the same.what a leadership.

Joe Lieberman   October 8th, 2008 1:42 pm ET

Senator McCain, this was already discussed last night. Did you forget?

ThatOne_inTx   October 8th, 2008 1:42 pm ET

Wow.
Mr. McGoo..please sell all your homes except one. Please get down to two cars, one for you, one for your wife. Please be American enough to do that much so you can donate the rest of the money to the economy you helped destroy. How 'bout THAT for bailout plan?
Last night was a joke. His creepy half whisper, his "Friends" blah blah blah..the rudeness and condesention he displayed. Obama took the high road, McGoo clearly is grasping.
I have a plan. Why not require politiicans to put up a personal financial stake when they take office? That way if they screw up, they're financially liable.

Now, on to the past. I don't care what you did or didn't support in the past. I care about your reasoning for changing your view. If you can tell me why you did what you did AT THAT TIME and WHY you are doing something different now..cool.

McGoo and Wailin Palin are history people, abandon that self made Titanic and get with the new manager of the country. I'm a Clinton conver and I am more than comfortable voting for Mr. Obama..Yes..THAT ONE!!!

Raj   October 8th, 2008 1:42 pm ET

After last night's debate, whatever respect I had for McCain has vanished, especially when he referred to Obama as 'that guy'. Come on , you are running for the highest office in the most powerful country in the world and you dont display basic sense of courtesy. He was so full of hatred and spite yesterday. Guess he would do that same thing when he shares stage with a world leader( if he does). There are several more veterans in this country who have undergoing more hardships than McCain and he thinks he is the only vet alive. sorry pal. U lost my appreciation for whatever you have done.

Greed is not good   October 8th, 2008 1:41 pm ET

Horrible idea. I was shocked McCain said this. The Republicans complain about Democratic agendas being Socialist.

McCain's rhetoric was absolute corporate welfare and National Socialization of the real estate/mortgage lobbies.

Just ask John McCain   October 8th, 2008 1:41 pm ET

Maybe this is John McCain's way of connecting with the average "hockey mom" and "joe six pack". I guess if you are paying the mortgage note on several properties in your neighborhood then that will increase your home ownership. Right? May it was an idea that Sarah Palin came up with. Or maybe John wants to make sure all American's will have ownership of 13 or more house...........Just like him.

Mike   October 8th, 2008 1:41 pm ET

Not to mention that the Plan is not really McBush's. He stole the plan from Hillary Clinton. So, bad plan and stolen. Typical McBush.

Hongli.   October 8th, 2008 1:40 pm ET

I'm trying to understand --–who has more brains between Bush and McCain? I'm undecided on this one so I'll give it a draw. These two scum-bags should be placed on an island to punish forever.

ready for change   October 8th, 2008 1:39 pm ET

mccain you don't have a clue as to what we are feeling, i've already had to leave my home and move in with a friend, before i moved i stopped my cell phone, gave up my cable. stopped shopping except for absulute essentials, i stopped everything that i possibly could, but i still had to give up my home, four more years of your ideas and most of us will be living on the streets.

Jerry, Illinois`   October 8th, 2008 1:39 pm ET

Let me get this straight, I paid off two mortages during my 71 years
with no missed payments and put 3 girls through college with
no grants or financial help and (me) the government are to help
people with bad loans.
Sounds like a good plan to me.

Empire, CO   October 8th, 2008 1:39 pm ET

Wait, I thought McCain wanted to freeze all government spending except the military and have tax cuts for everyone. This sounds like spending to me. What's he going to do, have the Treasury print up a few hundred billion dollars? Shame shame shame on McCain! Another day, another lie. McCain supporters, you're outnumbered 3 to 1 now, you may as well save your dignity and vote for "That One '08." Even Wall Street Journal and NYT think McCain is a dirtball. That flushing sound you hear is John's campaign, it's over for Johnny!

PA voter   October 8th, 2008 1:39 pm ET

McCAIN KEEPS SAYING WE SHOULD VOTE FOR A PRESIDENT WE TRUST.

McCain must be telling me to vote for Obama. OK, then, I will.

bridgette   October 8th, 2008 1:39 pm ET

Sometimes when you don't have an idea it may be better to just be quiet. I don't think the government should have to buy those mortgages just allow banks to have a little more freedom to negotiate with the refinancing of some of the mortgages.

Texas Straight Talker   October 8th, 2008 1:38 pm ET

A President must be diplomatic at all times. Many foreign countries read body language and facial expressions and are not able to relate to the excuses I have read and heard for John McCain's rude behavior in the debates he has had with Senator Obama. He spews open contempt for Senator Obama in my opinion. John McCain would make a poor representative of the USA. It is obvious he is intolerent of diversity and whether some want to accept this or not the United States of America is a diverse nation. We are a melting pot!

Sherry   October 8th, 2008 1:38 pm ET

Just wait a few hours. He'll change the plan. Of course, the new plan will likely be even worse.

Peter (CA)   October 8th, 2008 1:38 pm ET

Hey Doelitzsch-It's "McCain", not "McCane", that you are supporting.

But why? Didn't the Republicans balk at the "bailout" because they wanted to make sure taxpayers were protected? Isn't it the Republicans who say Obama is a socialist??

Way to go McCain. It is a shame to see a once competent man implode like this.

Wisconsin   October 8th, 2008 1:38 pm ET

Wow, he will say anything now ...

MCPAIN/FAILEN '08

wwf   October 8th, 2008 1:38 pm ET

To no Hillary, no Obama. How are you going to live with yourself? What will you do when Palin does not win either? I guess you were just for Hillary because she is a woman, not for what she stood for. Its because of people like you that I am glad that most people in the US don't even bother to vote.

cool onlooker   October 8th, 2008 1:38 pm ET

"Immediately to buy up the bad home loan mortgages? "

How about immediately sell out the extra SIX (6) homes and go back to average American's life?

And then "rightfully suspend" the campaign again... makes sense..

Obama/Biden'08'12

Don   October 8th, 2008 1:38 pm ET

AIG execs belong in prison for their next jucket. If the Bush admin. had any credibility left they would demand an investigation, pull all the money back, and put them in jail.

JL   October 8th, 2008 1:38 pm ET

Of course he is going to shift the burden to the little guy–HE IS A VERY WEALTHY MAN! One who only hangs with other rich guys and, as we have seen the last few weeks, rich people will do anything to hold on to their money. So, McCain will do anything he can to protect himself, his wife, and his rich friends.

He respects you, your mortgage and your current situation just as much as he does Obama. None at all.

Mark   October 8th, 2008 1:38 pm ET

Actually, Sarah's the Guardian of the Northern Frontier – with its hot springs, mud flows and mud baths! You betcha she's a natural!

Mary Anne   October 8th, 2008 1:37 pm ET

MCCAIN doesn't have a clue...He talks down to the audience "Bet you never heard of Freddie Mack/Fannie Mae", addresses his opponent as "that one" and thinks that nothing he has said in the past is relavent "The war will be short and easy" 10 Billion dollars a month for the war in Iraq and i can't even fathom what he would do as president.

Be scared...very scared of JOHN S. MCCAIN!!!

bill   October 8th, 2008 1:37 pm ET

mccain go back to arizona and send this dispicable excuse for a woman palen back to alaska GOD BLESS YOU ALASKINS WE DONT WANT HER SHE IS WACKO COOKO

Janine   October 8th, 2008 1:37 pm ET

I watched the debate last night and I have one question:
How is John McCain going to pay for everything without raising taxes on anyone?
He wants to give a tax credit of $5,000.
He plans to stay in Iraq because he obviously supports the invasion.
He wants to use tax money to buy the bad mortgages.
We are already in a deficit by trillions of dollars.
He wants to continue the tax cuts that George Bush did.
He's going to scrub defense spending. Most of the spending is in Iraq. So does that mean we are left wide open for attack domestically.
If you've been watching international news, we are about to be in hot water with China because of our support of Taiwan. Isn't China one of our biggest lenders. How will we defend ourselves here if there was an attack with our forces in Iraq and no money.

Lucious Leftfoot   October 8th, 2008 1:36 pm ET

What happened to smaller government? McCain has just become comfusing lately.

I'm going to need my president to make sense, so I'm voting for "that one".

William B in Las Vegas   October 8th, 2008 1:36 pm ET

I absolutely LOVED McCains magic act last night!!! I was AMAZED when he transformed himself into Dennis Kasinich on stage!!!

Truly American   October 8th, 2008 1:35 pm ET

You pinheads- this is the money already set aside in the bailout. You bleeding heart wanna be liberals following like sheep to destruction are really scary. You will be lucky under the H Obama if you have jobs the way he wants to tax businesses. Then lets see who is complaining then.

NOBAMA- We can't afford an empty suit who is way to left for this country.

KC   October 8th, 2008 1:35 pm ET

Oh great so now the Government can own my house??? How is this Government staying out of my way.

WHAT DUH?   October 8th, 2008 1:35 pm ET

Question: If I am paying the note on my neighbors house, Do I own that property?

Randy   October 8th, 2008 1:35 pm ET

Isn't the 700Billion bailout or "rescue" plan supposed to do just that?
Oh wait, that was to bail out the top executives so that they could go on a junket.
Like we need another bailout for all the troubled mortgage owners.
Lets see, tax cuts for the rich/corporations, bailout plan for Wall Street companies, subsidies and tax reductions for Big Oil and privatization of health care and now this.
Senile McCain must be losing his bearings!!!!!

Mark, B'ham., Al.   October 8th, 2008 1:35 pm ET

I am voting for McCain but I do not agree with taxpayers taking over the mortages of derilicts who are not paying their mortages because the should not have gotten one in the first palce or got a bigger place than they could afford. In the early 90"s I had to do a foreclosure because I was transfered to another base while in the Navy and I lost my home because I could not sell it during the Clinton Administration. I did not get help and it took me 8 years to get another mortage. I also do not think it is right for a judge that the democrats want to lower the principle and force the lenders to give those being foreclosed low interest rates which if Barney Franks and Maxine Waters have their way will be at an excellent credit rating. That is not right!

Michelle in PA   October 8th, 2008 1:34 pm ET

I wouldn't mind paying my share of $300 billion for Obama's health care plan, because it would be more than evened out with the $547 per month I pay to insure myself and my two children through my employer, plus the $1000 per person per year out of pocket expenses, plus the services that are NOT covered, plus my son's pre-existing asthma which is not covered..plus...plus....

What do I get under McCain's plans, any of them? Bent over in favor of the uber wealthy saving their millions for that tenth vacation home, that's what! No thank you, Senator McCain.

John McCain's Judgement is Questionable   October 8th, 2008 1:34 pm ET

John McCain's leadership style is more like a "Loose Cannon" than a Maverick. This man has lost all honor and respect.

Underwater Mortgages   October 8th, 2008 1:33 pm ET

I'm a democrat with an MBA from Columbia. I'll bet most Republicans will agree with me that McCain's idea of writing down mortgage principles is a stupid, socialistic move.

Does John think things through before he opens his mouth?

Is he going to demand Wells Fargo take a loss on an underwater mortgage. (HE can't do that in a Free Market economy). Is he suggesting that the government make up the difference for Wells Fargo ( that's homeowner welfare).

Stupid John ... just stupid .... it shows how you don't have a clue about the economy, business, risk versus reward ... absolutely nothing.

Armando   October 8th, 2008 1:33 pm ET

Vote Nader!

Judo   October 8th, 2008 1:33 pm ET

Obama will win this election. People who play dirty such as McCain/Palin never come out on top! To CNN and the NYT, I want to commend you on your reporting. You keep it straight and unbiased. You can't help but to report what the numbers show. Too bad for the Republicans that the numbers show that Obama is kicking butt out there. So please Republicans get over it!

Go Obama/Biden 2008 & 2012!!! Keep up the good work!

Apples for sale   October 8th, 2008 1:33 pm ET

How many of the mortgages were for house flippers trying to make a fortune?

Cynthia; Bham   October 8th, 2008 1:32 pm ET

That's the last thing that we need is them shifting more cost to the taxpayer. Some of us are doing okay but if you go and add more to it then it might cause some of us to have financial problems.

Where is the Leadership?   October 8th, 2008 1:31 pm ET

Does John McCain ever bother to consult with his political advisors before make such "FOOLISH" proposals?

PLEASE, PLEASE, PLEASE MCCRYPT, TELL US THE POOR OLD WARRIOR STORY FOR THE 4,157,819th TIME, WE JUST CANNOT HEAR IT ENOUGH WHILE THE ECONOMY DISSOLVES BEFORE OUR VERY EYES!!   October 8th, 2008 1:31 pm ET

I hope "that One" keeps nailin' failin' palin and the sleepy, cranky, peevish Poor Old Warrior!

David Goldman for OBAMA   October 8th, 2008 1:31 pm ET

Ted van Tol,

THANK YOU FOR YOUR COMMENT &

WE COULDN'T AGREE WITH YOU MORE.

MUCH LOVE TO YOU &

THE NETHERLANDS.

Obama/Biden08inJesus'Name   October 8th, 2008 1:31 pm ET

I want all trouble homeowners (including myself) to get help, but we already gave Paulson $850 billion to do just that! Is McCain sleeping on the job again?

I'll be voting for That One!

ME   October 8th, 2008 1:30 pm ET

Zogby down to 2 points....Rasmussen down from 8 to 6.
How come HALF of Obama's 455,000,000 dollars in donations are UNITEMIZED? And the campaign will NOT release the names of the donors? McCain lists all of his donors on his web site.....

In response to the age health ticker....I'd rather question a man's age and health rather than have to question his INTEGRITY and HONESTY.

What about Obama's membership in Chicago's "New Party" in 1996? A Socialist Organization that his campaign has said he was NOT a member of, but a few magazines and the Party's own newsletter talks about the New Party's "member," Obama, winning his IL senate seat????
Socialist party.....hmmmmm.....anyone willing to ask the campaign about this? And look into the magazine articles and newsletters????

Donald Darko   October 8th, 2008 1:30 pm ET

And they try to call OBAMA a socialist?

Get a grip, JSM III

UG   October 8th, 2008 1:30 pm ET

Senator John McCain and Gov. Sarah Palin have been running one of the most appalling campaigns we can remember,"
"They have gone far beyond the usual fare of quotes taken out of context and distortions of an opponent’s record — into the dark territory of race-baiting and xenophobia.

No doubt this old pig with faded Lipstick is offensive for American psyche.

The PEARLS of wisdom from Obama / Biden are rolling on our front lawns so we can live in peace & prosperity, live as a world citizen , agreeing with our friends and debating with our adversaries, recognising that every one is different with different believes and personalities. But we are created equally in the eyes of God..
.
America will go for PEARLS (black & white ) at any time.
That is how America is.
So ladies, wear a two string of pearls- one for Obama and One for Biden. You will look beautiful

indiePA   October 8th, 2008 1:30 pm ET

McCain is showing that he has as much brain power going for him as Bush....NONE. American taxpayers should NOT have to shoulder the burden for greedy bankers and mis- or uninformed borrowers. This obvious ploy to keep corporate America in the pocket of the Republican Party is ludicrous. Go home, John, and take your next generation Bush (Palin) with you!!

ME   October 8th, 2008 1:30 pm ET

CNN – ALL BIAS, ALL BULL

How come HALF of Obama's 455,000,000 dollars in donations are UNITEMIZED? And the campaign will NOT release the names of the donors? McCain lists all of his donors on his web site.....

In response to the age health ticker....I'd rather question a man's age and health rather than have to question his INTEGRITY and HONESTY.

What about Obama's membership in Chicago's "New Party" in 1996? A Socialist Organization that his campaign has said he was NOT a member of, but a few magazines and the Party's own newsletter talks about the New Party's "member," Obama, winning his IL senate seat????
Socialist party.....hmmmmm.....anyone willing to ask the campaign about this? And look into the magazine articles and newsletters????

susanne   October 8th, 2008 1:30 pm ET

100 % presidential is obama-biden!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
100 % not presidential is mccain-palin!!!!!!!!!!!!!!!!!!!!!!!!!!!

it is a shame to see how much hate mccain has for obama,
and it is great to see how respectful mr. obama still is to mccain!
mccain is a very unstable character and mr.obama is always the same calm and confident character.for sure our next president of america has to be obama!

Gtnaustin   October 8th, 2008 1:30 pm ET

We now officially have "That one" and MacPalin – the unhappy meal.

OH   October 8th, 2008 1:29 pm ET

The writing is on the wall and it is very clear; America wants "That One" instead of an angry politician and his lip stick girl.

LB   October 8th, 2008 1:29 pm ET

If McCain thinks I'm going to work to pay my mortgage and pay additoinal taxes for people who are no longer making a housepayment but trying to live scott free in that property, McCain is full of you know what. I'll considering moving out of this country if McCain/Palin are elected that is if I have enough money left for a plane ticket once McCain gets done distroying this country.

Serena   October 8th, 2008 1:29 pm ET

Sure and those of us who purchased houses we could afford to pay for will see ourselves now sitting next to houses that can be sold significantly below ours because our tax dollars have made up the difference for the unwise purchaser.

PA voter for That One   October 8th, 2008 1:29 pm ET

Just what we need. pying taxes on health insurance benefits, paying for our troops to stay in Iraq indefinitely, paying for Billions in tax breaks to Big Oil, and now paying for other people's mortgages when I can barely afford to pay my own. Forget this guy, give me "That One".

Betty   October 8th, 2008 1:29 pm ET

No cries of "socialism" from the Republicans???

ME   October 8th, 2008 1:29 pm ET

How come HALF of Obama's 455,000,000 dollars in donations are UNITEMIZED? And the campaign will NOT release the names of the donors? McCain lists all of his donors on his web site.....

In response to the age health ticker....I'd rather question a man's age and health rather than have to question his INTEGRITY and HONESTY.

What about Obama's membership in Chicago's "New Party" in 1996? A Socialist Organization that his campaign has said he was NOT a member of, but a few magazines and the Party's own newsletter talks about the New Party's "member," Obama, winning his IL senate seat????
Socialist party.....hmmmmm.....anyone willing to ask the campaign about this? And look into the magazine articles and newsletters????

Sorry John   October 8th, 2008 1:29 pm ET

Do we really need any more proof that John McCain is out of touch and just doesn't get it. This man is so out of touch with reality that it is no longer funny.

OHIO Former Republician voting Obama-Biden

C   October 8th, 2008 1:29 pm ET

HOW ABOUT THE PEOPLE THAT SHOWED RESTRAINT!!! I COULD HAVE USED MY FIRST TIME HOME BUYER PRIVILAGES TO PURCHASE A MANSION I COULD NOT AFFORD TO. I KNEW SOMETHING DIDN'T SMELL RIGHT WHEN 3 BEDROOM HOUSES WERE GOING FOR ALMOST HALF A MILLION DOLLARS!

WHAT IS THE PLAN FOR FIRST TIME HOME BUYERS THAT SHOWED RESTRAINT AND HAVE BEEN WAITING PATIENTLY FOR THE RIGHT TIME??? ANSWERS PLEASE!!!

Rob indetroit   October 8th, 2008 1:28 pm ET

"That one"leads MCbush by 11% 52-41 enough said.

Matthew   October 8th, 2008 1:28 pm ET

McCain is pandering.

You walk that fence too long and you will fall. Jumping from one side to the other as often as he has...It has got to be tiring. McCain knows that he is losing ground everywhere, so it is time for the kitchen sink, the dishwasher, the refridgerator, et al.

Gtnaustin   October 8th, 2008 1:27 pm ET

Hey John - thanks for laying YOUR failed policies on my back. Guess when you have 17 houses YOUR not to worried about the average American's house likewise when you are a kept man by a booze heiress – not to worried about money either.

Ruthie   October 8th, 2008 1:27 pm ET

Whit this one McSame lost the right conservatives....those ones that Gov. AirHead has brought to his camp..... SORRY!

OMG   October 8th, 2008 1:26 pm ET

Johnny boy you are too old for presidenship, please go home take rest.

milo   October 8th, 2008 1:26 pm ET

"why not put $50,000.00 into the pocket of every working American. "

Because that would cost seven TRILLION dollars?

For many people, that's more than they pay in taxes in a YEAR, where would that money come from?

That's so preposterous, it would make more sense to just have nobody pay ANY takes for a year.

No Hillary = No Obama   October 8th, 2008 1:26 pm ET

Says who? The biased oompa-loompas at CNN? I find it amusing that after the debates, the CNN clones are sitting tethered to their lap tops, like lap dogs all barking out the same sounds on command. Obama's peanut gallery.

Ted van Tol   October 8th, 2008 1:25 pm ET

Hello America,

I live in the Netherlands and got out of my bed at 3.00 pm to see
the debate. (and believe me, I am not the only one, the debate was
life on Dutch TV.
I could not sleep afterwords because I realized Barack Obama
had won and I am looking forward to the 3rd debate next week.
I hope Senator Obama will end with the folowing line:

With a vote for John McCain America is heading for the past.
With a vote for me, I will lead America to the future.

That will make his election safe, I am sure.
And what a party we will have here in The Netherlands!!!!!!!!!!!!!!!!!
Please keep this man safe! because this world need Barack Obama
to become a better place.

With love,

Ted van Tol

Do they think Americans don't think?   October 8th, 2008 1:25 pm ET

Does the McCain-Palin ticket think American don't think? I believe so because this is just another quick answers to the mortage crisis that wasn't thought through. I have my own bills, I don't need more added on.

DOELITZSCH   October 8th, 2008 1:25 pm ET

WORRIED ABOUT 300 BILLION FOR MORTGAGES, WHAT ABOUT
300 BILLION A YEAR NET FOR OBAMAS HEALTHCARE PLAN
DOES ANYBODE KNOW MATH

jim   October 8th, 2008 1:25 pm ET

The tax payers are the voters.....

so long John!!

Ruthie   October 8th, 2008 1:24 pm ET

Did you see last night Sean Hannity and Robert Gibbs exchange... :) That was awesome....Mr. Gibbs took over Sean Insanity and anti-Semitism.....Finally someone putting Mr. Insanity in his place in his own house.....WAY TO GO ROBERT!

That One 08’

KEATINGECONOMICS.COM   October 8th, 2008 1:24 pm ET

"John McCain and Sarah Palin are running the most appalling campaign that we can remember." -The New York Times

MurphyMorseJohnson   October 8th, 2008 1:24 pm ET

Why should McCain worry about the average American taxpayer? He's loaded–his wife is a $100 million heiress, his cars are foreign made, and he doesn't even know how many houses he owns !!!!!!!!!

McCain Invented the BlackBerry, Palin Invented the Manure Spreader   October 8th, 2008 1:24 pm ET

The McGIMMICK of the WEEK:

Bankrupt the American economy by buying everyone's homes!

My goodness, he really doesn't understand the economy , does he?

LOL

Voting for "THAT ONE"   October 8th, 2008 1:24 pm ET

My friends, Is McCain officailly a socialist? I thought you republicans hate stuff like this. Anyway, his bright new idea is already in the bailout. My goodness, what is wrong with senior mccain?

Peter of Oregon   October 8th, 2008 1:23 pm ET

McCain, put your country first and drop out of the Presidential race.

MurphyMorseJohnson   October 8th, 2008 1:23 pm ET

Why should McCain worry about the average American taxpayer? He's loaded–his wife is a $100 million heiress, his cars are foreign made, and he doesn't even know how many houses he owns.

he's not my friend   October 8th, 2008 1:22 pm ET

When Senator McCain talks he is never completely honest about anything he says. I want a president that I know I can trust. One that if he makes a mistake he can admit to the American people that he made one. Senator McCain made bad judgement to go into Iraq initially I have yet to hear him admit that or say that it was the wrong decision to invade. The surge is after the fact. If he is going to talk about the surge he has to talk about the reason for the surge and I have never heard him say anything about going into Iraq before the surge. You can not claim success for the good which is part of a situation without acknowledging your part in the the bad which is part of the same situation.

Len in Washington   October 8th, 2008 1:21 pm ET

This is going to go over like two lead ballons with his base.

Gingrich is probably writing McCains political obituary right now.

Barackafied Cheesehead   October 8th, 2008 1:21 pm ET

Another knee-jerk move instead of offering solutions/strategy.
McCain wanted to fire the SEC Chairman over the Wall Street meltdown and now he’s going to order the Secretary of Treasury? So does this mean bipartisan is all talk and all McCain aspires to be is a dictator?

Liz T, Tucson   October 8th, 2008 1:21 pm ET

Another attempted Hail Mary that will be incomplete. This is so obviously not in tune with the rest of the GOP platform that it is a seat-of-the-pants proposal to try to sway some voters. Thanks but no thanks.

mitch   October 8th, 2008 1:21 pm ET

what will happen to disabled if mccain freezes government? will they be left to fend fer themselves in the streets this winter? he scares the poorest folks.

eds   October 8th, 2008 1:21 pm ET

Can we say FLIP FLOP . . . . again?????

Send 'em packin' dog gon it, ya know.

The Stallion & The Champ vs. The Old Mule and Moose Poop   October 8th, 2008 1:20 pm ET

Nice stink bomb, Grampy!
Guess what? You just abandoned your fiscally conservative base.
And beside that, it's already written in the current rescue package. Oops! Pandering falls flat with a loud THUD!

MurphyMorseJohnson   October 8th, 2008 1:20 pm ET

McCainian Trickle Down Republicanomics like Cheney and Bush's eight years show no real love for the American mortgagee. But, let's face it. McCain married an heiress of $100 million, drives numerous imported cars, and doesn't know how many houses he owns. Not having to worry about debt, McCain shows yet again how out of touch and little economics he knows about the average American homeowner.

PA voter   October 8th, 2008 1:20 pm ET

Last part of the article important to highlight:

"That could prove to be very unpopular with homeowners who did not take on too much debt and so would not be eligible for help, as well as ordinary Americans who objected to the Hope for Homeowners plan as a bail out for delinquent borrowers and irresponsible lenders."

FactCheck   October 8th, 2008 1:20 pm ET

Listen to Mitt Romney. He believes the $300B will come from within the bailout money. If the money is already there, at least McCain will actually use it where we were told it would go.

------

Oh, I see ... the bait and switch. I don't remember ANYONE telling that taxpayer that bailout will be used to underwrite the cost for people who brought home that were beyond their means. Why should I pay for my neighbor's incompetence? What kind of nonsense is this?

kate   October 8th, 2008 1:19 pm ET

Rather than having us pay for all this mess, why not put $50,000.00 into the pocket of every working American. They could pay their bills, put a down payment on a house, catch up mortgages and be spending fools. Seems to me this would definately start moving the economy. Instead they opt to bail out mortgage companies and banks with bad business dealings and then have us pay. I think not!!!

Eric   October 8th, 2008 1:19 pm ET

So McCain, Mr. Spending Freeze...sounds like more money for us taxpayers to be responsible for, huh? And don't you realize the reason the mortgage crisis is still just that, is because the first little bit of help Bush put through only helped a very small percentage of people? Why did they only do loans originated after 2006? Like there were no sub-prime loans before then? These restrictions are rediculous. What about people I know that were very honest and supplied their earnings statements and were told not to worry about a down payment and were given an amount they could have that was too high? I'm not saying they aren't partly responsible, but why in your plan would they have to have put down a significant down payment? Do you read the news? Most of these loans were done with no down payment. Way to jump on the bandwagon McCain.
OBAMA '08

California Gold   October 8th, 2008 1:18 pm ET

Only a man who is losing rolls out new plans to entice voters. He is just too little too late. Today it is another ploy of a desperate campaign and voters simply can't believe him.

DOELITZSCH   October 8th, 2008 1:18 pm ET

VOTE FOR MC CANE OBAMA HAS NO RECORD OF SAVING ANYBODY MONEY

Anonymous   October 8th, 2008 1:18 pm ET

We have had eight long years of republican greed, selfisness, corruption, lying. I have never seen my country in such a sad state of affairs. McCain/Palin want to bring America down more. We mustn't allow that. McCain is a one issue guy. Taxes, taxes, taxes, it takes money to run a country you republican idiots. Shame on you republicans.

JD in Moraga   October 8th, 2008 1:18 pm ET

Is he still taking financial advice from Keating? So if my friend and I buy houses in the same market for the same amount, I make my payments but my friend can't, then the Republican ticket will revalue my friend's home to lower their payments while mine stays the same. "Thanks but no thanks!"

pa.joe   October 8th, 2008 1:18 pm ET

The next four weeks will be ugly.
McCain/Palin are desperate and will be making crazy promises and slinging mud.
McCain has lost the integrity that had endeared him to Independents and democrats.
Palins hate speeches are shameless, divisive and dangerous.
If anything were to happen to Obama, McCain and Palin should be held accountable for spreading fear and hatred.
Its become a sad and sickening spectacle to watch.
Nov. 4th can't come soon enough!

Mellissa   October 8th, 2008 1:18 pm ET

Anonymous asks:
"Does anyone find it curious that the last really substantive question went to McCain and it was froma Navy man, allowing McCain to approach him, shake his hand, and "empathize"?

If you were watching, that guy had a puzzled and incredulous look on his face when John McCain answered his question, but nodded and smiled the entire time Obama answered the same question.

Watch the video...McCain did not win any more points with that guy than he did with me. Hobbling around, gasping for air...he looked angry, not happy to be there, and then blew out of there as soon as it was over, leaving Obama to shake hands, take photos and talk with the audience.

Says volumes about McCain and how he thought he did, and that he already knows the outcome of this election. His only hope is that Palin will get the rednecks so riled up that someone will try to take a shot at Obama.

Shame on you John McCain, not so long ago, I thought you were a great man.

Beah   October 8th, 2008 1:17 pm ET

John McCain showed the Americans last night that will all his experience he claims he has, I don't think he is presidential. It showed with his facial and body language. On TOP of that his RUNNING MATE is an airhead with a huge motor mouth. I don't think the world will respect America if those two are in the WHITE HOUSE.

Bulldog   October 8th, 2008 1:17 pm ET

Obama has talked about a very similiar plan to help out homeowners for over a month now. Once again, McCain is stealing other's ideas. McCain is a follower, not a leader.

Yvette in Detroit   October 8th, 2008 1:16 pm ET

I am a single mom with high interest mortgage. I struggle to pay, but I do! Refinanced house 3 yrs ago. When I sat down to sign, the loan amount was TWICE what I wanted. The mortgage rep said "take it" and I said "NO!" Well, how am I being rewarded? If I had taken more $, McCain would bail me out? And now the neighbor gets a break as my property value drops again and he is driving a new car? Heres an idea, lets lower my interest rate and remortgage so I get more $ and the payments stay the same. I could use the difference to pay cash for the neighbors foreclosed home and have a second income as a landlord. That should be my reward!

I was undecided until I heard McCain tell me he would bail out those who overborrowed and lower my property value even more. Get Real McCain!

Becky   October 8th, 2008 1:16 pm ET

What happened to a spending freeze? This sounds like an additional bailout. Sorry but I'm actually more to the right about this issue. People should not be bailed out for stupidity. If you got into that mortgage, you cannot put full blame on the lenders. That's absurd. If you were that ignorant not to read the fine print and ask questions maybe you don't deserve a house in the first place. I don't want my tax dollars going to bail out people who cannot do simple math.

t   October 8th, 2008 1:14 pm ET

I'd rather have McCain than a socialist with no experience.

Can't pay your mortgage? LEt the government do it. Have bad credit- that's ok, buy that house, then spend the mortgage money on a flat screen tv. It's ok, the government will take care of me.

After all , I NEVER have to take responsibility for my actions, because it is my right to have the government be responsible for me – it's someone elses' fault!

Just like Barney Frank says "It's the Republicans fault" Even though he IS IN CHARGE OF THE FINANCE committee. I guess he was just absent. and is was Bill CLinton who signed the bill that started all this – lend everyone money for their mortage – REGARDLESS OF CREDIT HISTORY OR EMPLOYMENT STATUS.

Look it up – that's what happened. REALLY.

McCain/PAlin 08.

Jeff   October 8th, 2008 1:14 pm ET

WHERE DID THIS COME FROM?

First debate: How about a spending freeze?
This Debate: I have a plan...to spend 300B to buy mortgages.

I can't wait for debate 3!

Case Closed!

Obama/Biden 08

Roland   October 8th, 2008 1:14 pm ET

McCain is a symbol of the failure of Republican leadership. Bush is the poster-boy. Palin is the center-fold. All of them need to be left behind as the rest of country gets back to re-creating the promise of the American Dream which these crooks have stolen from all of us.

That one for President '08!

Tammy   October 8th, 2008 1:14 pm ET

So let me see if I've got this straight. $700 billion plus for wall street, $300 billion for those with mortgages that have a higher balance than their home is actually worth, what do the rest of us get? Oh, thats right, we get to pay for it, we get $5,000 for a family healthcare policy that won't buy much of any coverage but we can buy it from another state even though its not likely that the hospitals and doctors in our state will cover it. Wow, what a great plan--NOT!
What about my mortgage? I pay my bills, try not to live on credit cards, we feed and cloth 3 kids, we don't have cable, we don't have 2 SUV's plus the toys that go with it, we don't go out to the movies, dinner, etc., we don't live in a fancy house that is bigger than we need and we do it without dental, vision or prescription coverage! We also have high deductibles, copays, but not high enough to qualify for an HSA or a free program. So sign me McCain to pay for someone else poor choices! The man is out of his mind!
Obama is the clear choice!!!

John in Ohio   October 8th, 2008 1:13 pm ET

And here I thought Obama was the one all the brainless McCainiacs are deriding and decrying as a socialist. Lemme tell ya, McCain looks like a socialist to me. And I'm a social democrat, I'd know.

A chicken clucks in Johns yard   October 8th, 2008 1:13 pm ET

The Federal Reserve is a PRIVATE BANK intent on taking over our government and controling our people.

Schneider (I) - CA   October 8th, 2008 1:13 pm ET

Total BS – there is no way we can afford this. As it is it will take 4 months of work for the average tax payer just to pay for the interest on the last 700 Billion bailout!

Even a super rich politician like McCain can't comprehend how much money that is!

Consider:
Say you have a machine that prints out a $100 bill every SECOND!
After about 3 hours, you have one million dollars.
That machine would have to run continuously for 222 years in order to print $700 Billion.
To print the additional $300 Billion he wants, that machine would have to run for another 95 years.
That is 317 YEARS of constant printing just to pay the principal – not even touching the interest that would accumulate over 3 centuries!

What the heck is this old man thinking?!?

ME   October 8th, 2008 1:13 pm ET

Tim in NC...the 300b would be part of the 700b.....he wants to use the money for homeowners.

Heidi for Obama   October 8th, 2008 1:13 pm ET

When McCain says he wants to make cuts and reduce spending, how can he possibly justify spending this kind of taxpayer money? Last night when Tom Brokaw asked him to prioritize energy, health care, and entitlement programs (Soc. Security, Medicare), he claimed he thinks "we can do it all" because "America is the best country in the world"...but failed to give any specifics as to how he could possible fix programs without taking in more taxes, let alone when cutting taxes.

He can't have it both ways; this smoke-and-mirrors act is up, the American people are intelligent and insightful and are going to make an educated decision...not one out of fear.

Michelle   October 8th, 2008 1:12 pm ET

I start to wonder if anyone really knows the answer to our problems.
I do know that Obama can lead us to the right path!

kalkrish   October 8th, 2008 1:12 pm ET

when obama saying some solutions,if at all, please do ask him the same questions and lets see how he is answering from where he is going to get the money qand how is he going to do? cnn waste of time ,better go back with obama and do some service for him and that will be better.

ME   October 8th, 2008 1:12 pm ET

In response to the age and health ticker....I'd rather question a man's age and health rather than have to question his INTEGRITY and HONESTY.

What about Obama's membership in Chicago's "New Party" in 1996? A Socialist Organization that his campaign has said he was NOT a member of, but a few magazines and the Party's own newsletter talks about the New Party's "member," Obama, winning his IL senate seat????
Socialist party.....hmmmmm.....anyone willing to ask the campaign about this? And look into the magazine articles and newsletters????

Frank   October 8th, 2008 1:12 pm ET

Another shot in the dark from a candidate who has lived in the dark for so long that he has finally gone over to the dark side.

Sorry John   October 8th, 2008 1:11 pm ET

John McCain was is GOING WRONG. I don't understand. You started out your campaign so strong and confident. Now each and every day you seem to be more and more confused, erratic and not on your game. Even though I am not totally in favor of voting for Barack Obama. I must trust my instinct. Something in the back of my mind tells me that I can no longer trust your leadership. Come November, I will vote Demoratic for the first time in my adult life. Even though I don't have full faith in Barack Obama.......I DO trust and respect Joe Biden. I feel confident that Joe Biden will be the one to help change the direction this country is going in. Sorry John. My family can't afford anymore financial hardships. If the Dems can fix the country for the good of everybody I want to help make it happen for all of us.

New Day   October 8th, 2008 1:11 pm ET

Can someone remind McCain that he's the fiscal conservative and Obama is the tax-and-spend liberal?

R   October 8th, 2008 1:11 pm ET

Yeah, he will spend OUR money to buy OUR mortgages while he and all rest of "the rich" get richer and take elaborate vacations. And all this lieing and cutting down of Obama is pretty pethetic when you can't stand on your own credentials!!!

milo   October 8th, 2008 1:11 pm ET

Shawn, there is no question there are earmarks in the bailout.

But you're seriously suggestion there are 150 BILLION in earmarks?

Stop being ridiculous, last year there were less than 20 billion in earmarks in the ENTIRE federal budget.

Sharon Kitchen   October 8th, 2008 1:10 pm ET

first-the lenders were to pay
next – the homeowners/or I should say the folks that have or will loose their shelter have to pay.......which is it.......do you even know what you have as a plan? Do you even have a plan? does your campaign all agree to whatever plan it is on a certain hour? Things change so often around you it is getting very difficult to tell what you mean.....or think.....
folks that can not afford to pay high cost I guess can start to move in with you and all your properties....would this be right. They have to go somewhere. I know tents on all that land.......that will work.....but you might want to check with the lady of the land first....since they are probably in her name......get her o.k. folks can google the address. oh sucks......maybe they just drop in..........

Mike In Albany NY   October 8th, 2008 1:10 pm ET

FLIP...................FLOP.....................FLIP......................FLOP............FLIP..............FLOP...........FLIP......................FLOP

MurphyMorseJohnson   October 8th, 2008 1:09 pm ET

McCain Republicanomics like Cheney and Bush's eight years continue to break the backs of every American taxpayer with the exception of the filthy rich. The McCain rationale is to offer the CEO golden parachute people another $700, 000 tax break per CEO. Another McCainian brain storm is to offer health insurance tax credit to $5000 while insurance costs $12,000. When you're married to an heiress of $100 million, don't know how many houses you own, and drive imported cars, you can best understand the foregoing McCanian trickle down economics.

Wendy   October 8th, 2008 1:09 pm ET

I think it's a bad idea...why reward those who made bad decisions by lowering their outstanding mortgage amounts? What about my two mortgages, which I have always paid on time? My lender tells me that my house is worth less now than when I bought it six years ago. So, will my mortgage be reworked to reflect my home's new value? I think if you do it for one person, you have to do it for all.

This seems like just the kind of thing that the Republican base has been railing against since the beginning of time. What happened to "individual responsibility"?

Rich in Seattle   October 8th, 2008 1:09 pm ET

Okay, this is just getting silly.

I have a good credit rating. I got a modest house that I could AFFORD on my salary. My job is laying off people, who knows if I will be laid off or not. Yet I know that I will be okay and my house will be okay because I never got a mortgage that was way out of my ability to control.

So why then, are people who got houses they couldn't afford, going to get a bail out when people like me, who may lose their jobs, have been responsible, get nothing. Here is the thing, I don't want anything given to me. I worked hard to get where I am and I don't expect a handout from the Government. Neither should these slimy companies that gave out these loans.

Is McCain even a Republican anymore? Does he even know what he is? Not a Mavrick that's for sure.

Democrat in Red State   October 8th, 2008 1:08 pm ET

Johnny, do you plan to fork up the money for this one? Maybe cash in the cost of your wife's outfit at the convention. How about not collecting that little social security check you are getting each month? Or better yet sell off a few of your houses and cars. Hmmmm...probably still won't be enough. Well guess what, I am not paying for it and the rest of us sane people aren't either.

Go home Johnny Boy!

I'm voting for "That One!"

Which one? - That One   October 8th, 2008 1:08 pm ET

when you tally the figures for who received the most money from Fannie Mae it goes as follows

Contribtuions to mcCain $169,000
Obama $127,000
$ 16,000
---- -----
$169,000 $143,000

John McCain was correct. The amount of money Obama received for his campaign was second only to what he received.

AM   October 8th, 2008 1:08 pm ET

Isn't this what the $850B bailout law already does ?

Since none of my comments ever make this board, I'll say it for you...your comment are awaiting moderation.

ME   October 8th, 2008 1:07 pm ET

In response to the age health ticker....I'd rather question a man's age and health rather than have to question his INTEGRITY and HONESTY.

Nic   October 8th, 2008 1:07 pm ET

This proposal is the epitome of irony. I'm sure conservatives dropped their jaws when they heard this. The GOP is supposedly all about fiscal responsibility and "less government" and McCain borrows an idea, which is partially included in the current bailout plan, that is completely opposite (some say even more liberal than most democrats incl. Obama) to what they preach. People might as well write checks to their neighbors, many of whom who've spent beyond their means, and call it day!

Holly   October 8th, 2008 1:07 pm ET

OK, here we go again. So I am going to have to pay for the mistakes of wall street AND irresponsible buyers. I would love to own a bigger house too – BUT my BUDGET says no. I made the RESPONSIBLE choice. Why can't people renegotiate the terms of the loan – not the amount. If we renegotiate the actual value, the local taxes and property taxes (which entities like school depend on it) will then suffer and we will be upping our taxes. There is no win here – let's just remember there are consequences to our actions and government is not there to bail out bad decisions we as consumers make!

Jamie   October 8th, 2008 1:06 pm ET

I'm so glad McCain busted out with this brilliant idea during a debate watched by 42% of American households. More just like that, John! Thanks.

Signed,

Someone voting for That One

Rashawn   October 8th, 2008 1:06 pm ET

LOL....Now he's going to buy me a house.....Great! 300 billion plus 700 billion and the stock market keeps going down...GREAT! McCain proposes to stop big government....300 billion dollars...? LOL

foster   October 8th, 2008 1:06 pm ET

Wow.

While the rest of America was doing their duty and sucking their equity out of their home's inflated value and then blowing it – My family does the "unpatriotic" thing of refinancing to a 15 yr fixed to have my home paid off when my daughter graduates from high school.

Now McCain wants me to "help" those who blew it? I feel like a sucker – I could have blown it, bought a bunch of crap and ended up with my neighbor footing the bill.

All this while he still supports tax cuts for the wealthiest americans!

This is so Left that it's approaching the right from the other side!

Patriot from GA   October 8th, 2008 1:05 pm ET

Question: Who is the riskier, scarier candidate?

Answer: John McCain.

Question: McCain ask "Who is Barack Obama?"

Answer: He would be the man who is kicking your tail – THAT'S who he is.

Southern view   October 8th, 2008 1:05 pm ET

The lenders are responsible for the fraudulent lending practices that contributed in large part to this mess. The adjustable rate mortgages were the biggest problem. The print is very small on the bottom line and a lot of seniors can't see it and a lot of other borrowers, maybe most of them, don't understand it. The radio commercials for the phony mortgage bargains and solutions continue today, between the news reports of the economic collapse.

McCain, with his 13 houses, really doesn't get it. Why should he? He married a rich lady, so it's not his problem. No wonder he shifts the tab to taxpayers. McCain should sell 12 of his houses and give the money to the Federal Reserve to help pay for the bailout.

Mike In Albany NY   October 8th, 2008 1:04 pm ET

Four more years of Republican financial parties and there won't be any america left to save. At least I can say that I lived in one of the greatest countries on earth before right wing radicals destroyed it.

"That Guy" '08

John, Catholic   October 8th, 2008 1:04 pm ET

As long as they do the same for me. I have kept up my payments and have not missed a single one. It is unfair for them to refinance at the new home values for people who missed payments. My home value decreased also and if anything I think I should be rewarded for not defaulting or missing any payments by having my mortgage rate and amount readjusted to the new depreciated value of my home.

Rodger   October 8th, 2008 1:04 pm ET

McCain want to spend another 300 billion over and above the just enacted "Rescue" plan....and yet cut spending...how?

Lisa   October 8th, 2008 1:04 pm ET

MCCAIN IS PART OF THE PROBLEM..........

IF THEY QUIT SHIPPING JOBS OVER SEAS, THEN THE AMERICAN FAMILIES CAN PAY THEIR MORTGAGES!!!!

MANY FAMILIES WHEN THEY BUY THESE HOME BUY THEM IN HOPES THAT THEY WILL HAVE THEIR JOB. SO DON'T BLAME THE HOMEOWNER WHEN THE REPUBLICAN KEEP STILLING ALL THE MONEY AND SENDING OUR JOBS TO OTHER COUNTRIES!!!

Gebeorge Napalotino   October 8th, 2008 1:04 pm ET

Mr. McCain is thoroughly confused about the economics of the current crisis. His so-called mortgage bail out plan reflects his his erratic and impulsive behavior - jumbing from one "solution" to another without thinking it through. Much of what he is "proposing" is already in the $700 billion rescue plan, first proposed by Hilary and then articulated by Obama two weeks ago.

McCain/Palin - Deceiving the American People   October 8th, 2008 1:03 pm ET

Obama floated this concept back on 9/23 and 10/1, but apparently decided against it, because it was too much of a burden on American Taxpayers

LB   October 8th, 2008 1:03 pm ET

No, No, NO. Since my job is to close on real estate transactions, let me give you a little insite on how the lenders are working this so called Hope for Homeowners plan. The lenders are telling the borrower that the only way they quality for this program is to not make their mortgage payment for at least the next 3 months. After 3 months of not making their payment, give us a call to discuss refinancing. But after 3 months of no payments and then 3 or 4 months of negociating with the lender, the homeowner is told that since they haven't made any payments for 6 months, their credit rating is now shot and sure we as the lender will be more than happy to do a refi at 11% (the original interest rate was 6%), thus now the homeowner can not afford to make double their housepayment...Foreclosure is all that's left.

Republican Base Voting OBAMA   October 8th, 2008 1:03 pm ET

I knew this when he made the comment and this is not going to work.
700 Billion dollars already and we still can't get a grip of this problem. What is next the sky is falling and we all need to bail it out as well.

Obama/Biden 08/12

Tim in NC   October 8th, 2008 1:02 pm ET

SO what does that bring the total on the bailout to:

300 B
700 B
+/- 250 B for AIG, Fannie and Freddie, and a couple others...

Yes, that is a completely responsible fiscal policy, add another 1.25 trillion to our national debt!

BRILLIANT!!!

JB   October 8th, 2008 1:02 pm ET

What will Obama do about homeowners losing their homes. He has not metioned a plan yet about what he'll do to help homeonwers. At least John McCain metioned a plan to help those that need the most help. Also John McCain is not sitting around saying "present" in these tough economic times. John McCain is exploring solutions to the economic crisis, not just campaigning and waiting around for others to work it out.

FactCheck   October 8th, 2008 1:02 pm ET

So he wants government to stay out of people's way but at the same time, expects us to pony up our hard earned money to pay for those folks who brought homes that were well beyond their means? He must be taking policy lessons from Palin.

Darrell   October 8th, 2008 1:01 pm ET

After AIG spent $400,000 dollars of taxpayer money on a spa trip, I'm not thrilled about more bailouts. The government needs to do a better job directing where our money goes.

McCain/Palin, instead of trying to get a lynch mob going against Obama, maybe you should put country first and start watching our money.

Gary   October 8th, 2008 1:01 pm ET

What happened to no governmental intervention??

Lisa   October 8th, 2008 1:01 pm ET

IF THEY QUIT SHIPPING JOBS OVER SEAS, THEN THE AMERICAN FAMILIES CAN PAY THEIR MORTGAGES!!!!

MANY FAMILIES WHEN THEY BUY THESE HOME BUY THEM IN HOPES THAT THEY WILL HAVE THEIR JOB. SO DON'T BLAME THE HOMEOWNER WHEN THE REPUBLICAN KEEP STILLING ALL THE MONEY AND SENDING OUR JOBS TO OTHER COUNTRIES!!!

Charlie   October 8th, 2008 1:01 pm ET

What does McCains plan do for the many Americans who have budgeted responsibly? The rescue bails out the mortgage companies and now he wants us to bail out the people who spent beyond their means as well. The impact will be that we will all need to be bailed out. Who has the bucket?

ShawnW   October 8th, 2008 1:01 pm ET

Listen to Mitt Romney. He believes the $300B will come from within the bailout money. If they don't pave the nascar tracks are research wool or wooden arrrows they have already closed over half of the $300B. If the money is already there, at least McCain will actually use it where we were told it would go. But why think that's a possibility. You all are too busy talking about the "that one" comment.

Foreign Born US Citizen   October 8th, 2008 1:00 pm ET

McCain will not raise TAXES because he doesn't want to share his wealth to the American people. Now, for average Americans who drink beer, they need to cut down because they are only giving their money to CINDY McCain–BEER BUSINESS.

JAC   October 8th, 2008 1:00 pm ET

Why should people (me!) who didn't buy a home because they knew they couldnt afford it have to pay for idiots to have a house! Why not take that money and help the smart people get a home! geezz ... i am tired of living frugally just to have the govt come take what little i have saved.

Rob indetroit   October 8th, 2008 1:00 pm ET

John MCcain is slick real slick, he thinks people are dumb enough to by that crap !, MCbush is so desperate to stay in the race that he will say any-thing to get elected, talk about putting lipstick on a pig.

John   October 8th, 2008 1:00 pm ET

I think McCain has just flipped to Hillary Clinton proposal no one liked it when she put it forward in the Primaries.

This will loose the fiscal conservatives that Palin was taken on to energize.

McCains campaign is in total meltdown

Tim in NC   October 8th, 2008 1:00 pm ET

Wow, I never thought I'd see the day where a major Republican like McCain would make these sort of bold moves to undermine the "free market system" they so dearly love and believe in.

Oh oh, does that mean I own part of a bailed out home, cause I call the master bedroom!

Fenarkleman   October 8th, 2008 1:00 pm ET

As if we taxpayers are not paying for enough stuff that is not called "taxes," but actually ARE TAXES.

By the way, what was the deal with Tom Brokaw, huh? If there was a loser in last night's debate, it was that guy. Man, he's really lost it. Time to turn Tom back out to the pastures of South Dakota.

David Newport, OR   October 8th, 2008 1:00 pm ET

Brilliant. How can ANYONE consider voting for this guy? And just what does he "propose" to cut in order to provide this money SINCE he has already stated he wants to "reduce" taxes? Oh...I get it...he wants to reduce taxes on the rich but leave those like me paying for it.

Watermann   October 8th, 2008 1:00 pm ET

As time is running out, the ideas are becoming more and more desperate. Never mind, let the taxpayers pay for it. It does not make much of a difference if the national debts are 10,3 or 10.6 Trillion. I did not expect that CNN is doing the fact check that quick and thereby fulfilling an ethical duty in journalism. Question is: how many voters read this and understand this?

By the way, can anybody tell me how this Gov. of Alaska, Sarah Palin, has been elected to her office? In the early 80ties I paid 4 visits to her home state. At that time the Alaskan people seemed to be very strong, honest and...intelligent. But now.....

John   October 8th, 2008 12:59 pm ET

It's over for the Old man and his Dumbell sidekick. Palin is a nut case and has an empty head.... Back to Alaska real soon.....

McCain in the debate said he was going to do this and that but he has been on Capitol Hill for 26 years and protected the Republicans and The Croonies on Wall Street.He has done nothing at all..

Bye Bye McCain... It's Over

Obama ...Biden in The White House....09

Bulldog   October 8th, 2008 12:59 pm ET

McCain is full of it. How many times has he said "My friends, I know how to do it" but never tells us HOW. He says not to look backwards but in the same sentence says let's look at the record. What a HYPORCRITE.

McCain and Palin make me sick to my stomach.

If the radical Sean Hannity and Rush Limbaugh are desperate for these two to win you know they are bad for America. They were desperate for George Bush and Dick Cheney the exact same way in 2000 and 2004.

Obama Biden '08!!   October 8th, 2008 12:59 pm ET

Well, well, well...the truth finally comes out. McCain is all for helping out big business rather than 'middle income' Americans. I hope Americans are smarter in this election than in the past two!! I'm voting for THAT ONE as well!!

Georgia Gal   October 8th, 2008 12:59 pm ET

Yep that's the way to get people to vote for you John ... make the taxpayers pay for it all. His healthcare plan will cost people money and will cut medicare and medicaid to pay the rest and now he wants us to pay for this.

No deal, John, no deal!

gerri   October 8th, 2008 12:59 pm ET

We should take over the Federal Bank,as it is now, it is the bank that is taking us and our government over.Something smells fishy and both candidates know it.Wake up America before Paulson and his crew of thieves take over the world.

Maggie from Virginia   October 8th, 2008 12:58 pm ET

Did anyone notice that people wanted to take pictures with Baracka and not McCain? Maybe that's why he and Cindy was in such a hurry to leave. Barack and Michelle stayed for a long time after the debate mingling with the crowd. Not McCain, he couldn't wait to leave. I don't think anyone noticed that he was gone.

Lisa   October 8th, 2008 12:58 pm ET

AND MAKE THE VALUE OF OUR HOMES LESS!!!!!!!!!!!!! ABSOLUTELY NOT!!

AZ Senior   October 8th, 2008 12:58 pm ET

Wasn't that the intent of the Bail Out plan? Buy up the toxic mortgages and sit on them? I am so confused -- or is John McCain?

Which one? - That One   October 8th, 2008 12:57 pm ET

Based on what I have seen from John McCain, it would be totally irresponsible of me to conclude that he could ever be the architect of a great idea. This guy hasn't had a bright idea since he decided to stay in the Vietnam prison camp. Even if he uses all the money his wife has he still couldn't buy a clue.

Idealess, clueless, and backed by an illiterate pittbull from Alaska – the recipe for the continuation of a downward in America.

Based on the transcript from the questions she answered last night i think the scampaign needs to re-enforce the muzzle on the pitt.

Penny   October 8th, 2008 12:57 pm ET

Hmmmmmm – - – I just continue to get more and more disgusted with John McCain! This does not surprise me, coming from the "know it all" and "end all" of our generation – - – according to McCain himself. I'm gauging him not only by his proposed and current policies, but by his disgusting behavior. He acts as if he is entitled to the presidency just because he wants it and has been in the senate "forever"! FOREVER has certainly caught up with us these days, hasn't it!?! I am appalled with his unprofessional and unpresidential behavior toward Senator Obama! Senator McCain – - – - – - I wouldn't vote for you and "Ms. Josephine Six Pack" if you were the last two people on this Earth! When the election is done and over and we have elected "President Obama and Vice President Biden", it will be good riddance to you and sweetcheeks! Shame on you both!!!

Penny

Marie   October 8th, 2008 12:57 pm ET

So now Senator McCain wants to tax my healthcare insurance premium, add millions to our tax bill to refinance mortgages and continue to spend 10.5 billion dollars a month in Iraq. When are the conservative Republicans going to wake up and see what he is doing. I'm not afraid of Obama, I'm terrified of McCain!!

Chris   October 8th, 2008 12:56 pm ET

Hey, I pay my mortgage on time and have had to sacrifice alot to be able to do so. Between bills and everything, I have a total of maybe about 100 bucks left over each month for entertainment or savings. But I don't qualify for this program because I'm responsible about my budget? I'm sorry, but I absolutely refuse to pay extra taxes and lose out on the small amount of pocket money I have each month so that some irresponsible jerk who works a McJob can afford to stay in his $400,000 home. We need a real solution here, not some half baked scheme by McCain to win him votes.

Jack   October 8th, 2008 12:56 pm ET

The biggest concern I have about McCain's plan to buy up and renegotiate all the bad mortgages is what happens to those of us who took on responsible mortgages, did our research, purchased within our means?

The value of my home has dropped, so would I get this benefit even though I got into a fixed mortgage with a decent rate? If you do it for some, don't you have to do it for all, and the treasury even afford something on that scale? What constitutes a "bad" mortgage under the plan?

Hey, while we're at it why don't we require the SEC to buy up all the bad investments and renegotiate those? You know, the value of my wife's car plummeted shortly after we purchased it. Can that loan be bought back and renegotiated, too?

While McCain's plan may sound enticing to some on the surface, there are serious problems with it.

Brian   October 8th, 2008 12:56 pm ET

McCain doesn't know what he's doing or what he stands for anymore.

Ken, Pisgah Forest NC   October 8th, 2008 12:56 pm ET

I was absolutely astounded when I heard this last night. He is asking the government to pay for the difference between the original sales price and the new appraised price for people's homes. Since when should the government be responsible for the risk any of us have in our investments? This is between the mortgagee and the financing company.

The current financial meltdown is due old fashioned supply and demand, and there is an oversupply of housing, so we need to keep people in their homes to minimize the oversupply. Obama wants to do this through the courts, where judges have the power to force creditors to rewrite mortgage agreements. McCain wants to have the government eat the losses.

John, when are you going to come to your senses? Do you not get it? God help us if you win next month.

Crucker   October 8th, 2008 12:56 pm ET

This is just nuts. Wow, look at how this works. I get a responsible mortgage and I bust my butt to pay it. However, i cant afford to save for my retirement or college for my kids because I am paying my neighbors mortgage. Great plan!

Dallas, TX   October 8th, 2008 12:56 pm ET

OBAMA is going to raise your taxes folks, SO if you like paying more taxing then vote for him!

We'll all feel the pain later and then everyone will be belly-aching that they have NO money!

SO sad to see people being duped by this candidate!

Wake up folks!

McCain/Palin '08!!!!

McCain/Palin - Deceiving the American People   October 8th, 2008 12:55 pm ET

Nice Job, McCain. Is there anyone in your base you have not alienated yet?

Jann in Denver   October 8th, 2008 12:55 pm ET

Of course he would like to shift the burden to the tax payer. Thats what McCain and his Republican counterparts are all about. Give breaks to the rich and a kick in the pants for the rest of us.

The choice for Obama in November is as clear as day.

Amy   October 8th, 2008 12:55 pm ET

Unlike McCain, I don't have the money to pay for every bad mortgage decision in America, nor should I have to!

I have lived in my current home for 17 years. I will pay off my mortgage in 2022. Why should my family have to pay for the mortgages of others? I have kids to put through college. I have gas to buy. I have insurance premiums to pay. And last week I, along with every other American, took on the debt of Wall Street.

No way! No McCain!

smokesignals   October 8th, 2008 12:54 pm ET

No matter who ends up paying for this mess, the Republicans are responsible for it and it comes waaaay too late for me. That's the sad part. None of the homeowners who have already been forced to sell their homes at ridiculously lower prices than their mortgages or who have already been forced out of their homes due to foreclosure and bad loans from Countrywide, etc. will be helped at this point. We just lost out completely. What programs are there for us?

Texun   October 8th, 2008 12:54 pm ET

McCain is just another one of those spend-and-run-up-the deficit Republicans.

McCain/Palin - Deceiving the American People   October 8th, 2008 12:54 pm ET

Nice Job John. You took Obama's suggestion from 9/23 and 10/1 campaign events and PRESTO! CHANGO! it's now YOUR idea. You are a silly, silly old man....

don   October 8th, 2008 12:54 pm ET

In one sentence McCain says he would freeze government spending, and in his next sentence he wants to buy up bad mortgages. He is talking out of both sides of his mouth, pandering for any vote he can scare up! He is truly becoming shameful and scary!

Ken from Michigan   October 8th, 2008 12:54 pm ET

Why should I as a tax payer be responsible for the bad mortgages that banks made to people who seems to have not been able to pay those payments in the first place.

I just lost 15 thousand dollars of my retirement account so the Wall Street suits could spend a few days at a spa to reduce their "stress" and now I'm supposed to pay off someone else's bad home loan!?

There's something awfully the FROCK wrong here. I'm mad, mad as hell and I can't take much more of these "bail outs". How about bailing me out of my financial crisis for God's Sakes!!!

Maggie from Virginia   October 8th, 2008 12:54 pm ET

Can we please elect the smart guy this time?

BatCat05   October 8th, 2008 12:53 pm ET

McCain said "I would order the Secretary of Treasury to immediately buy up the bad home loan mortgages in America ..." McCain must be on medication, isn't that same strategy that got the financials in this trouble to begin with? Bad for the common man, Bad for the economy and BAD FOR AMERICA. McCain, you only pushed "That Man" closer to the presidency. OBAMA/BIDEN that's the RIGHT CHOICE FOR AMERICA!

JJ   October 8th, 2008 12:53 pm ET

When I heard this coming out of his mouth last night, I stood up and yelled at the TV. Who the heck do you think is going to pay for this? Yes, the taxpayers.

Thanks but no thanks!

mama4obama   October 8th, 2008 12:53 pm ET

There are 2 sides to every story. The mortgage crisis is a combination of people losing their jobs and unable to make ends meet since the job market SUCKS! and then there are those who have no problem running up more and more bills with credit lines they clearly cannot afford. I say help those who did it right and got screwed by the current economy through loss of jobs and let the others sink. I also think that the CEO's in charge should have to pay back the millions they got for stinking up the place.

Mike in Sacramento,Ca   October 8th, 2008 12:53 pm ET

It won't happen....wishfull thinking at best.

Shelly   October 8th, 2008 12:53 pm ET

With bone-head ideas like this – people are just going to stop paying their mortgages all together so they too can be bailed out. I should rush out and buy a house way beyond my means!

Sweetie   October 8th, 2008 12:53 pm ET

Making it possible for folks to stay in their homes and make regular payments is a really good idea!

We the People (Taxpayers) will not be stuck paying for empty de-valued property that isn't doing anyone any good.

Vote for Experience!

McCain/Palin-08

Michael   October 8th, 2008 12:53 pm ET

This is a good idea – in fact, it sounds like a Democratic idea – but is Senator McCain willing to tell us how he would pay for it? He wants to cut taxes and also spend $300 billion on this plan. That is not reasonable. Will he be honest and tell the voters that he either needs to raise taxes, cut another $300 billion out of the budget (which is already running a record deficit), or borrow the money and add to the deficit. Which is it, Senator? I like this idea, but coming from McCain, it sounds like another desperate ploy to attract voters. It is a 180-degree turn from "small government" Republican philosophy, and not consistent with McCain's record.

Sorry, Senator, but I just don't buy it. I want Democratic ideas like this, but I can get them by voting for the Democratic candidate. I don't need the "new" John McCain to give me what Barack Obama has been offering all along.

Stacy from Loudoun County, VA   October 8th, 2008 12:53 pm ET

Senator McCain's economic message is erratic at best, chaotic and dangerous at worst. On one hand, he talks about spending freezes and cutbacks then on the other hand he talks about yet another huge bailout. Fiscal Conservatives have got to be blowing blood vessels in their temples at this point.

Senator Obama proposes to spend money for the energy sector with hopes of it making money in the long term. Any more deficit spending had better be value added spending at this point because we cannot afford too many more free money Republican giveaways.

Tony   October 8th, 2008 12:52 pm ET

I SAID IT FROM THE DAY MCCAIN WAS SELECTED AS THE NOMINEE.

PEOPLE HAD BETTER GET IT TOGETHER AND REALIZE TAHT IF MCCAIN AND PALIN HAD A CHANCE TO ACTUALLY WIN, YOU COULD KISS YOUR JOBS, PENSIONS, 401(k0'S, RETIREMENT SAVINGS, ETC. GOODBYE!

I KNOW THERE ARE STILL LIFE-LONG REPUBLICANS OUT THERE WHO WILL VOTE PARTY AND ONLY PART, BUT IF YOU CARE ABOUT YOUR FAMILY, YOUR CHILDREN, AND YOURSELF, YOU WILL VOTE FOR OBAMA / BIDEN.

IF YOU ARE CONTENT AND HAPPY WITH THE LAST 8 YEARS AND WON'T MIND ANOTHER FOUR, THEN BY ALL MEANS VOTE FOR MCCAIN AND PALIN.

THINGSARE BAD NOW, ELECT MCCAIN AND PALIN AND WATCH THINGS GET MUCH, MUCH WORSE AND VERY QUICKLY.

JJ   October 8th, 2008 12:52 pm ET

When I heard this coming out of his mouth last night, I stood up and yelled at the TV.

Brain in DC   October 8th, 2008 12:52 pm ET

Is this the free enterprise? Are we nationalizing individuals home debt? Now who's accusing who of socialism???!

OS   October 8th, 2008 12:52 pm ET

McCain,

Before trying to become the president of this great country, please try to learn to be civil and good mannered – you don't address your opponent during a world wide telecast debate as 'That'.

Bruce   October 8th, 2008 12:52 pm ET

What McCain does not want you to KNOW: The New York Times has published a separate list looking at contributions from "directors, officers, and lobbyists for Fannie Mae and Freddie Mac" for the 2008 campaign cycle. That list — using figures from the Federal Election Commission — shows McCain receiving $169,000, while Obama received only $16,000

Ken in NC   October 8th, 2008 12:52 pm ET

Now this sounds like the ultimate "Flip Flop". This is a hard core conservative putting a hard core Liberal Plan out there when he said, "I would order the Secretary of Treasury to immediately buy up the bad home loan mortgages in America and renegotiate at the new value of those homes. TALK ABOUT A FLIP FLOP. WOW.

Last night Senator McCain made me glad and positive that I am voting the "THAT ONE"/Biden ticket on November 4th.

Greg in MN   October 8th, 2008 12:51 pm ET

Does McCain ever think about the things that come out of his mouth before they hit the air?

My guess is, he wanted to do something "mavericky" and dramatic by saying "I have a plan that will solve everything RIGHT NOW!" But instead, like all his plans, they end up costing tax payers more than every other plan.

Please send this story to EVERYONE you know! McCain is too dangerous for our bank accounts!

kobs   October 8th, 2008 12:51 pm ET

As always he finds ways to surpport the rich and dump on the poor who he taxes !!! When it is good the share holders benefit and when bad mutuellize the loss !!! Mcxame

Dal CA   October 8th, 2008 12:51 pm ET

Ah was it the big banks creating those special loans to enrich themselves or was it the people who were told that they could buy their dream.
The greed started by the Banks was sold to the unsuspecting public who did not understand the instrument they were signing.
One thing more some of the bank executives did not understand the instruments they were selling either.
The banks should buy those loans back and not us.

Diane   October 8th, 2008 12:51 pm ET

No Way! My hushband and I have carefully paid our mortgage over the last 20 years and now I'm supposed to bail out the over-extended yuppies in our neighborhood! You know the ones that drive the leased MBZ SUV's and Beamers with credit card maxed out! No Way!

Paying My Mortgage   October 8th, 2008 12:51 pm ET

So what about my mortgage John? It is less than my home value and I make my payment every month. Do I get help?

talkingpengwin   October 8th, 2008 12:51 pm ET

McCain is showing yet again how he doesn't elaborate during the debates, when people are really watching him. He somewhat elaborates through press releases or in front of crowds that already love him. What a coward.

Recovering Republican   October 8th, 2008 12:51 pm ET

I think I heard the best quote on "Weekend Update" on SNL last Saturday:

You know that house you bought that you couldn't afford? Well, you're paying for it now.

Vote common sense, not lipstick!

Francesca   October 8th, 2008 12:51 pm ET

McCain the flip flopper!
Early in the campaign, McCain stated the housing crisis is the borrowers own fault and that there wasn't a housing crisis. Now that Obama is winning all swing states, McCain has changed his platform on the housing crisis with a rescue plan of 3 Billion.

Sounds like a liberal to me!

JL   October 8th, 2008 12:50 pm ET

So now we pay for other peoples mortgages?

JOHN MCCAIN -- THE -- COMMUNIST!

Anonymous   October 8th, 2008 12:50 pm ET

About the debate: does anyone find it curious that the last really substantive question went to McCain and it was froma Navy man, allowing McCain to approach him, shake his hand, and "empathize"?

If this wasn't a setup by the McCain-sympathizing, right-leaning Brokaw, I don't know what is.

andrew s. rostolder hillsdale nj   October 8th, 2008 12:50 pm ET

poor sarah, the pitbull will have to go back to pulling dog sleds.......

Amy   October 8th, 2008 12:50 pm ET

300,000 billion? Are you insane?

Thanks McCain, for suggesting that my family and I take on the mortgages of all those who can't pay!

I have lived in my current home for 17 years. I will pay off my mortgage in 2022. Why should my family have to pay for the mortgages of others? I have kids to put through college. I have gas to buy. I have insurance premiums to pay. And last week I, along with every other American, took on the debt of Wall Street.

I WILL NOT TAKE ON THIS DEBT TOO!

Democrat in VA   October 8th, 2008 12:49 pm ET

Why should the tax payers take care of this mess? Why not force the banks to fix this mess. They raised the interest rates on loans from 6% to 18% and forced people from their homes. Let's make them reverse the interest rate BACK DOWN to 6% and let these people pick back up paying their mortgages. I'm sure at least 75% of them could make their morgage payment before the banks got so greedy and raised the interest rate so high.

NO MORE FREE RIDES FOR BIG BANKS!!! MAKE THEM RE-NEGOTIATE WITH THEIR CUSTOMERS.

6% of something is better than 18% of NOTHING.

Oregon calling   October 8th, 2008 12:49 pm ET

Go Figure! I wonder if he really has any ideas anymore?!?!

Obama / Biden 08

Rudy NYC   October 8th, 2008 12:49 pm ET

"Burden Shifts to Taxpayers"

Wasn't the taxpayer paying for the old plan, too?

Look, here's the problem. Home "values" showed 30 years of appreciation in just a handful of years. The final "selling" price had little or nothing to do with the actual "value" price of these homes. Selling prices were being determined by how much an institution was willing to lend, not the actual value of the home.

Plus, not all of these bad mortgages are to low income or minority customers as some would lead you to believe. The vast majority of them are to folks who took out 2nd mortgages on the "increased value" of their homes.

Don't forget that increased values mean higher property taxes on the local level, so the federal government could cut some funding to states and counties nationwide. These funding cuts were to be the tax cuts given to the "Trickle Down" crowd.

Did you notice the dates involved with the 'Big Bailout"? It was rejected during one fiscal year, but approved during a new one.

Sarah.....and my last name isn't Palin!   October 8th, 2008 12:49 pm ET

Three words OUT OF TOUCH!!!!

Obama/Biden '08

Jeffer65   October 8th, 2008 12:48 pm ET

Isn't something like this in the bailout bill? I don't understand where he is getting his ideas. I pay my mortgage on time every month and hopefully can continue to do so. Why should I have to pay for someone else's? I feel sorry for you, John McCain, your time has past.

Tony   October 8th, 2008 12:48 pm ET

IT'S TIME TO WAKE UP PEOPLE, GET SERIOUS, FORGET ABOUT VOTING YOUR PARTY OR TRYING TO GET EVEN FOR HILLARY NOT BEING THE NOMINEE.

HOW MANY PEOPLE OUT THERE, WHEN ALONE WITH NO ONE LISTENING OR WATCHING, TRULY BELIEVE THAT MCCAIN AND HIS DIMIWITTED RUNNING MATE ARE RIGHT FOR THE COUNTRY?

EXCEPT FOR THE DIE-HARD KOOL-AID DRINKERS, I DOUBT THERE ARE MANY.

MCCAIN AND THE GOP ARE IN DESPERATE AND IN FULL PANIC MODE. THEIR HEADS ARE SPINNING ON THEIR SHOULDERS TO TRY AND REPAIR DAMAGE TO THE JUGULAR OF MCCAIN'S CAMPAIGN.

TOO LATE!

JD in NC   October 8th, 2008 12:48 pm ET

And how do we prevent such a thing from happening again?

Use one of McCain's famous lucky charms?

Kelby from Houston, TX   October 8th, 2008 12:48 pm ET

WoW, I know CNN wants to appear un biased in this lopsidded election, but today, they are really pouring it on McCain. Don't get me wrong, I know that there is a lot of constant consistently bad news coming from their side, and their ideas and campaign practices do indeed suck, but wow, There has been nothing on the ticker that puts McCain in a positive light.

And yeah, that mortgage plan totally puts the screws to the taxpayer, But most GOP ideas do.

VOTE FOR DEMOCRATS
VOTE FOR OBAMA

Frank,MO   October 8th, 2008 12:47 pm ET

Ha Ha ! Where are the Republicans now ? Anybody cheerleading here for your leader ?

bill pike   October 8th, 2008 12:47 pm ET

and we thought a gift was coming our way because we pay our bills on time????? bush is alive and well in mccain land.

Darrel from Denver   October 8th, 2008 12:47 pm ET

What about those of us who have been living within our means, paying our mortgages and other debts all along, and simply doing our best to get along while our leaders in business and government sell us out?

I want my mortgage paid, or renegotiated to a lower rate as well. I guess I am out of luck in McCain's world.

I am voting for "THAT ONE"

pat C.   October 8th, 2008 12:47 pm ET

ISN'T THAT WHAT THE GOVERNMENT IS DOING NOW BY BUYING ALL THE BAD DEBT AND RESELLING IT BACK TO THE PEOPLE?
MCCAIN TALKS IN RIDDLES. IS HE FOR OR AGAINST GOVERNMENT INTERVENTION?

Eric   October 8th, 2008 12:47 pm ET

I don't want to hear repubs call Obama a tax-and-spend liberal from this point forward...

Candy West Virginia   October 8th, 2008 12:46 pm ET

Wow. Just wow. Mccain has NO solutions for average americans, he never did. He thought he could get by with choosing palin. Don't know how you rethugs thinking of voting for him can afford him because after you get taxed with his health plan and those mortgages too, will you have any money left?

Beverly, NYC   October 8th, 2008 12:45 pm ET

Thanks but no thanks for the new plan McCain. I have no interest in bailing out one of your rich cronies or some idiot who makes $50,000 and thought they could afford a $500,000 house. Was this bright idea on a starbucks cup?

Toni   October 8th, 2008 12:45 pm ET

Um, why does this idea look so familiar...

Danny from Phoenix   October 8th, 2008 12:45 pm ET

Wow.. so much for running on small government and anti-socialist values.. way to go John. You scum.

Brendan H., San Antonio, TX   October 8th, 2008 12:45 pm ET

Of course it shifts it to the taxpayers – that's what the GOP does! Shifts the responsibility to anybody but the real culprits – GOP-backing, big business!!!

Ryan Kr   October 8th, 2008 12:45 pm ET

Angry John McCain and six packs Sarah Palin-that one is our president and love and respect his intelligence.

Glenn   October 8th, 2008 12:44 pm ET

They should have bought out the bad loans instead of bailing out scrupulous CEOs and other financial management personnel. At least the interest rates would have become fair and mortgage bankers would have still been receiving money toward the loans. And, those lenders would have been able to use the difference in those original loans vs the newly revised ones on their tax filings as, losses. Everyone would have won.
Additionally, an Bill should have been written and voted in that would have brought these jerks to the courtroom for causing this whole financial mess, thereby holding them responsible for their irresponsible and greedy, self-serving behavior. All those bonuses should be returned immediately via court order.

tulsa   October 8th, 2008 12:44 pm ET

So Johnny, shifting the responsibility of paying for this away from the LENDERS and laying the burden on the backs of the TAXPAYERS?

Thanks for helping the working man.

I think I'll vote for "That one".

HunkyForJustice   October 8th, 2008 12:43 pm ET

Republicans suck when it comes to the economy. That's a FACT!

JACKED-UP-POLITICS, FLORIDA   October 8th, 2008 12:43 pm ET

QUESTION FOR CNN: WHY DID IT TAKE OBAMA BRINGING UP THE AIG 400k+ SPENDING SPREE BEFORE ANYONE AIRED THIS!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

GET ON THE JOB

Eric   October 8th, 2008 12:43 pm ET

If they were to do this it should be only for people who were responsible and got houses they could afford but their values went down through no fault of their own. People who but 300k houses on 100k budgets deserve the foreclosure.

Mccain is a liar   October 8th, 2008 12:42 pm ET

I thought we already did this for 700 billion+ ? Wow this guy is smarter than all of us...those of you voting for Mccain god help you and your poor family that may have to endure another 4 years of an idiot running the country.

Kurt   October 8th, 2008 12:41 pm ET

My taxpaying neighbors will pay for my mortgage and renegotiate the principle and interest? Sounds great! Wonder how my neighbors will like that? Will they have my name? And I thought the country was broke!

Paul O Connor   October 8th, 2008 12:41 pm ET

I have enough trouble paying for my own mortgage!!

I WILL NOT PAY OTHERS TOO!!!

Angel09   October 8th, 2008 12:40 pm ET

Which is it, John? Free market solutions or government-imposed solutions?

You seem to want both, yet they are opposite extremes on the continuum.

I'm not really sure you have a clear understanding of any of this economic/financial stuff. At least, it doesn't seem so based on what you say.

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