| McCain on the "mortgage crisis" "I have always been committed to the principle that it is not the duty of government to bail out and reward those who act irresponsibly, whether they are big banks or small borrowers," McCain said. "Government assistance to the banking system should be based solely on preventing systemic risk that would endanger the entire financial system and the economy."
He said any government assistance to alleviate the housing crisis must be temporary and should be accompanied by reforms that aim to make the system more transparent and accountable to prevent a repeat of the crisis. He said no assistance should be given to speculators, or people who bought houses to rent or as second homes.
Personally I like these idea's. It's not a repubican or democrat thing either. If Obama had said this I would feel the same way.
__________________ LIBERALISM The haunting fear someone, somewhere can help themselves. " I think he (Obama) can be ready, but right now I don't think he is. The presidency is not something that lends itself to on-the-job training.." Senator Biden |