so if Obama is too green in your eyes. Then you favor McBush? There is self admitted "no experience with the economy" there.
Ask yourself this:
When President Clinton passed his deficit reduction package (with no Republican votes), the DOW was around 3300. Two years after passage, the DOW was around 5500. When President Clinton left office, the DOW was around 11000.
After 7 years of Republican debt and deficits, the DOW is around 12000.
So let's see - was your 401K better off under Democratic policies or Republican policies?
McCain voted against discouraging predatory lending practices. In 2005, McCain voted against an amendment prohibiting law-breaking high-cost predatory mortgage lenders from collecting funds from homeowners who are forced into bankruptcy court. [S. 256, 3/03/05]
– McCain failed to vote on bill to overhaul mortgage lending practices of FHA.In 2007, McCain failed to vote on passage of a bill that would overhaul the mortgage lending practices of the Federal Housing Administration (FHA). The bill would reduce the required minimum down payment for an FHA-insured loan and simplify its calculation, requiring a flat 1.5 percent of the appraised value of the home. [S. 2338, 12/14/07]
– McCain failed to sign on to the Predatory Lending Consumer Protection Act. In 2003, McCain failed to add his name to this legislation, which was intended to "protect consumers against predatory practices." The bill, which was endorsed by a host of civil rights and housing advocates, including the U.S. Conference of Mayors, ACORN, and the Consumer Federation of America. [S. 1928, 11/21/03]
– McCain failed to sign on to Truth in Lending Act. Less than four months ago, McCain failed to sign on to this bipartisan initiative providing protection to consumers taking out home mortgage loans. Among other measures, it was designed to "establish new lending standards to ensure that loans are affordable and fair." McCain also refused to co-sponsor this legislation in the 107th Congress as well. [S. 2452, 12/12/2007]
It's deeply troubling that John McCain is suggesting that the best way to address the housing crisis is to sit back and watch it happen – which is just further evidence that he would continue President Bush's failed economic policies. Barack Obama believes that the job of a president is to lead—and that's why he'll work to help struggling homeowners and lenders rework existing subprime loans into affordable long-term fixed loans, create a foreclosure prevention fund to help keep Americans in their homes, close the bankruptcy loophole for mortgage companies, provide a tax credit for the interest on new mortgages, fight mortgage fraud at every level, and require that borrowers have access to accurate information about their mortgage options.
And lest we forget ... McCain has a long and sordid history of worrying more about the financial welfare of the savings and loan institutions at the expense of the depositors. Democrats should school themselves to remind the public of this every time McCain, the economy, regulation and the mortgage crisis is brought up in the months ahead.
The mainstream media ask Obama why he doesn't wear a flag pin, but they aren't asking McCain why he doesn't release his medical records. McCain, who would be the oldest man ever elected president, had surgery for melanoma, a potentially fatal skin cancer, eight years ago - the scar is still prominent on his face. He has promised several times to release the records, but each release has been postponed.
It makes you wonder: is there something in McCain's medical records that he doesn't want you to know?
McBush has the answers...
Iraq....lets stay the course and see what happens.
Economy....lets stay the course and see what happens.
4 more years for sure...the only difference is we won't have to hear about his bike riding.
Ask yourself this:
When President Clinton passed his deficit reduction package (with no Republican votes), the DOW was around 3300. Two years after passage, the DOW was around 5500. When President Clinton left office, the DOW was around 11000.
After 7 years of Republican debt and deficits, the DOW is around 12000.
So let's see - was your 401K better off under Democratic policies or Republican policies?
McCain voted against discouraging predatory lending practices. In 2005, McCain voted against an amendment prohibiting law-breaking high-cost predatory mortgage lenders from collecting funds from homeowners who are forced into bankruptcy court. [S. 256, 3/03/05]
– McCain failed to vote on bill to overhaul mortgage lending practices of FHA.In 2007, McCain failed to vote on passage of a bill that would overhaul the mortgage lending practices of the Federal Housing Administration (FHA). The bill would reduce the required minimum down payment for an FHA-insured loan and simplify its calculation, requiring a flat 1.5 percent of the appraised value of the home. [S. 2338, 12/14/07]
– McCain failed to sign on to the Predatory Lending Consumer Protection Act. In 2003, McCain failed to add his name to this legislation, which was intended to "protect consumers against predatory practices." The bill, which was endorsed by a host of civil rights and housing advocates, including the U.S. Conference of Mayors, ACORN, and the Consumer Federation of America. [S. 1928, 11/21/03]
– McCain failed to sign on to Truth in Lending Act. Less than four months ago, McCain failed to sign on to this bipartisan initiative providing protection to consumers taking out home mortgage loans. Among other measures, it was designed to "establish new lending standards to ensure that loans are affordable and fair." McCain also refused to co-sponsor this legislation in the 107th Congress as well. [S. 2452, 12/12/2007]
It's deeply troubling that John McCain is suggesting that the best way to address the housing crisis is to sit back and watch it happen – which is just further evidence that he would continue President Bush's failed economic policies. Barack Obama believes that the job of a president is to lead—and that's why he'll work to help struggling homeowners and lenders rework existing subprime loans into affordable long-term fixed loans, create a foreclosure prevention fund to help keep Americans in their homes, close the bankruptcy loophole for mortgage companies, provide a tax credit for the interest on new mortgages, fight mortgage fraud at every level, and require that borrowers have access to accurate information about their mortgage options.
And lest we forget ... McCain has a long and sordid history of worrying more about the financial welfare of the savings and loan institutions at the expense of the depositors. Democrats should school themselves to remind the public of this every time McCain, the economy, regulation and the mortgage crisis is brought up in the months ahead.
The mainstream media ask Obama why he doesn't wear a flag pin, but they aren't asking McCain why he doesn't release his medical records. McCain, who would be the oldest man ever elected president, had surgery for melanoma, a potentially fatal skin cancer, eight years ago - the scar is still prominent on his face. He has promised several times to release the records, but each release has been postponed.
It makes you wonder: is there something in McCain's medical records that he doesn't want you to know?
McBush has the answers...
Iraq....lets stay the course and see what happens.
Economy....lets stay the course and see what happens.
4 more years for sure...the only difference is we won't have to hear about his bike riding.