A Freddie Mac Money Trail Catches Up With McCain

It's funny that the Republicans and McShame like to talk about experience and history and learning from the mistakes of the past. It's a shame that McShame never learned the lesson about people who live in glass houses shouldn't throw stones. Well look at what he has thrown now. This Freddie MacCain scandal is sure to bite him back with a greater degree of political injury and voter backlash. McCain's debate showed him to lack professionalism, tack and respect. Imagine his posture in dealing with our countries real enemies. We need a leader who can control thier temper at the same time build a relationship that will move this country forward. McShame is full of BS when he says he represents change. McShames posturing during the debate is a throwback to the cold war ear. This is not what America needs in right now.
When McShame says Obama just doesn't get it, what he is really saying is that millions of Americans who support Obamas positions and ideas just don't get it and this smacks of great insult to millions of free thinking Americans. It's time McShame stop calling himself the maverick and start refering to himself as what he really is, the great divider.

remember few yrs back when you were being saturated with 'credit card applications', some 'pre-approved'?
you couldn't shred them fast enough. Many ended up with 8 or 9 cards in their wallets. Students, unemployed,
welfare, dogs were getting them. Banks were going hog wild. Yes, consumers abused them because
unqualified people were getting them. Then we had Bush get in and say 'he wanted to see every American
own their own home'....mortgage companies, etc...started their subprim lending tactics...giving (again)
unqualified borrowers mortgage loans...Yes, consumers abused them...because unqualified people
were getting them and did not know squat about credit or handling money. IF THE BANKS DID NOT
APPROVE THE CARD APPLICATIONS, PEOPLE WOULD NOT HAVE RECEIVED CARDS.
IF THE MORTGAGE/INVESTMENT COMPANIES DID NOT APPROVE THE LOANS, PEOPLE WOULD NOT
HAVE RECEIVED MORTGAGES.
Don't forget, another 2000 upfront action Bush did, was tighten the requirements for consumer bankruptsy.
At the same time, he eased bankruptsy laws for corporations...WHY WAS THAT? It was the neocon plan by
republicans to crash the American system, and go for their long desired One World Government.
The Americn public didn't understand it, and fell like Humpty Dumpty for their bogus corrupt attack.

What BS, about why people are losing/lost their homes. It wasn't the rise in the COL, we're all dealing with that by cutting back and cutting out a lot of stuff we thought we had to have, just a few years ago. For instance, a lot of us are doing our own yard work nowadays.
It was the bad loan decisions on the part of BOTH lender and buyers, that did the deed. Lots of people in real estate to flip homes and make a bundle, trusting that home prices would continue to increase, when common sense tells the rest of us, there is always a pull-back on prices. Some home buyers made bad decisions, just like a lot of car buyers make bad decisions and have the car repo'd. Foreclosure is just another form of repo.
It isn't right to make people who are prudent and cautious about their investments and spending, pay the bill for those who aren't, and pay the bill for those who made the bad loans. That is just what we're being expected to do.

It's enough to make you say "ENOUGH!" And prefer to ready yourself for the prolonged recession or depression that will follow. And who's to say for sure, this won't also bring on a prolonged recession. All these people advising us NOW were at the wheel when all this was developing. We're supposed to trust them NOW???

Millions of folks bought homes back when gas was less than 2 bucks a gallon and the cost of groceries was alot less. The sudden rise in cost of living devasted pay checks and is the main reason for the loss of homes. Pay increases have been non-exsistant and the conservatives love to point fingers at the consumer instead of where it really belongs and thats in this White House and the Republican party trickle down theory. It didn't work under Reagan and it was exacerbated under Bush!

Millions bought homes when gas at the pump was less than 2 bucks per gallon and the main reason most of these folks are losing their homes is the failed policies of the Bush administration and the resulting higher living expenses. Seems the conservative view is always to point fingers at the consumer and not the culprits in office that caused the problem.

Z4T4:
You are one sick twisted person, its easy to see that you're a Republican. I too feel that all of you that want these war mongers in office should be the first ones fighting the Russians when they come barging in, because that's what voting for those two incompetent putz's is going to get us. We DO NOT need shoot first and ask questions later leadership at this point in time in America. We need careful thought and reason. Oh wait, you obviously ARE ready to put your children's life on the line, you're ready to vote for Palin.

nice try NW. yeah, mccain is at fault for the mortgage mess b/c his campaign recieved contributions.

how about exposing the fact that dems blocked legislation in 05 to tighten restrictions on lending. the pubs and greenspan warned of this exact scenario but the dems refused. they believe people of all levels of income should have access to buy a house. it was considered illegal not to allow everyone the chance. great job dems.

and while you're at it, quit trying to lay all the blame on 'wall street' and the 'greedy execs'. mortgages don't get made until the consumer signs the deal. so most of the blame lays squarely on the people who bought homes they couldn't afford and with mortgage terms that expired in 2/3 years. to make it worse, some took out loans on the increased equity. this is just blatant irresponsibility. now the whole country has to pay the price.

some of the people who created this mess are now going to get better mortgage rates/terms. meanwhile, the folks who acted responsibly, are stuck with the higher 'responsible' rates.

Our economy is in such torrible and the US is in such denial. Because of the artificial house hike people are not able to afford life. For those who borrowed againest their houses so they could buy and vaction and do what ever else they wanted with that money all Americans are paying for it in now. We see price hikes everyday no matter what store we go to. Gas and food have been on a tremendous high. This in turn will have businesses shutting down because people will not be able to buy the hiked up price items, once known as luxuries. I am not sure how families are surving on $40,000 a year. Seems impossible. Credit cards do run out.
I don't think if McCain gets into office things are going to turn around. I actually think it is going to be worse. How will people survive????

To find out how we survive go here: http://www.ipcprogram.com/main.php?id=tcuddy

The economy is so bad and the US is in such denial. Prices are rising on everything and everyone had used all their artificial homw equity money to help them buy all the stuff they wanted to date. Because of those people life has become very unaffordable. I have no clue how a family can survive off a salary of $40,000 a year.Yet the US thinks they can solve these problems.
Find out how we survive: http://www.ipcprogram.com/main.php?id=tcuddy

Found this on the internet, be the judge..........
lets listen to what McCain says about becoming president???.
On page 373 of John McCain's 2002 memoir Worth the Fighting For, you'll find the following quote:
"I didn't decide to run for President to start a national crusade for the political reforms I believed in or to run a campaign as if it were some grand act of patriotism. In truth, I wanted to be President because it had become my ambition to be President. I was sixty-two years old when I made the decision and I thought it was my one shot at the prize."
^ a b McCain, John; Salter, Mark (2002). Worth the Fighting For. New York: Random House. ISBN 0-375-50542-3. p. 373.
Please please please don't vote for a man who only wants to win "the prize" of the presidency.

Here's the Truth McCain has received Money from Freddie Mac; Fact: Rick Davis McCain's Campaign Manager: Received $15,000 a month from Freddie Mac from 2006 to 2008, Need Proof pick up Newsweek.

You all dummies that believe in the so-called republican tax break, where have you seen the tax break in the 8 years of G. Bush? The gas has tripled, the food doubles from one week to another, all insurances has increased, all services have increased, the un-employment is higher than ever, EVERYTHING I mean EVERYTHING has increased big time, where is the tax break?
Don???t you realize it is a MASS MANIPULATION TACTIC? So you believe you will be better of when in fact you are far worse. Now after 8 years they tell you again you will be better of and again you will be so much worse you will wonder yourself how stupid you have been and letting you take for a fool. The proof is in front of your eyes.

Let me ask you, if you call a company to send you a plumber to repair you sink and that company rip you off taking your money, not doing to job and not respecting the warranties they offered you, will you call same company again even if they send another plumber? Don???t think so. But let???s say you do and they do worst again. Will you call the company a THIRD time? Don???t think so either. Well if you don???t trust your sink to a company that has done a bad job and lied to you twice, how can you trust republican administration with your future, your children future after ripping you off twice?

z4t4 fears his world is falling apart. Have no fear, my friend.

Despite claims, liberals don't really put people like you in concentration camps and brainwash you to be their sex slaves. Not really. And liberals are not Islamic lizard morphing jews from outer space infiltrating the media to encourage orgies with your daughter. Liberals pretty much leave you alone and hope you live your life the way you want to. So, take a bit courage there, and try trusting people a bit. You'll feel a lot better. Trust me.

Hey HArly - OIL Ego's? So Because GWB is an OIL man you think we are there to steal their oil? Haha OK well, Bush is a big Baseball fan too, You think thats the reason fro the high payrolls in baseball? AND..Come to think of it. If we were Stealing Oil - Don't you'd think gas would be like .50 cents at the pump? Or is this OBMANOMICS your using "steal something" Then not know how to use it...But I'm sure I'm wrong. I'm sure It was BUSH who Stole the Election. How does one steal an Election exactly? - You are amussing...Angry and - ticked off but none the less amussing - What a wy to go though life...Pretty sad

@ You know I just thought of Something Harley..I think Your Really Rev. Wright and Michelle Obama all rolled up in one. Haters..It don't matter what the issue, what s wright. Must be misery huh? Well Frankly for myself - I'm Hoping when Syria powers up her reactors ??? The Jews will take'em right back down...Sort of taking care of our light work - know what I mean? Harley?

Well Listen Sahra Palin has a 19 Year old in th eInf. right now in Iraq and So does Mc Cain. But I think his son is older. Many here Don't understand who this enemy is. I do. They are EVIL people. Always blowing stuff up to make a point. (Dumb bells) I was in th eFirst Gulf War - I didn't sit on the sand dune and yell the night of the attack "FOR McDOOOONALS!" They Think Capitalism is Evil. Ok Fine But don't fly plane in my back yard