This recent move by mccain to set aside $300 billion to buyup mortages is billiant and is another example of his taking the initiative, while Obama continues to play the race card, dart debate questions, and call people bitter.
Obama rejected McCain's plan, while obviously not proposing a better plan of his own. Thats typical of Obama; dismiss solutions while offering nothing.
McCain's support of drilling helped him surpass Obama in the polls last summer because the vast majority of Americans, hard working Americans, support drilling. It doesn't matter that it won;t have a short term impact on the price of oil or gas. What matters is that McCain was atleast addressing the energy problem though his town hall meetings, while Obama was just saying no to everything.
Expect McCain to see a surge in the polls.
Big bailouts are good the economy because they help drive the dollar lower and the dificit higher, which benefits multinationals and exporters. Bailing out homeowners also allows homeowners to use their home as equity so they can consume more, while having somewhere to live. Everyone wins. The economy grows and people get to keep their homes.
Obama rejected McCain's plan, while obviously not proposing a better plan of his own. Thats typical of Obama; dismiss solutions while offering nothing.
McCain's support of drilling helped him surpass Obama in the polls last summer because the vast majority of Americans, hard working Americans, support drilling. It doesn't matter that it won;t have a short term impact on the price of oil or gas. What matters is that McCain was atleast addressing the energy problem though his town hall meetings, while Obama was just saying no to everything.
Expect McCain to see a surge in the polls.
Big bailouts are good the economy because they help drive the dollar lower and the dificit higher, which benefits multinationals and exporters. Bailing out homeowners also allows homeowners to use their home as equity so they can consume more, while having somewhere to live. Everyone wins. The economy grows and people get to keep their homes.