Wednesday, March 26, 2008

Housing Crisis Follow-Up

Following up on Rog's post on Bear Stearns, I agree that the gov needs to get more involved...and should have gotten more involved LONG AGO. John McCain has missed the boat on this one for years. Click here for more info.

I'd be open to hear criticisms of Obama and Hillary if they have also missed the boat on this issue.

To me, "missing the boat" means penalizing ordinary people for wanting to buy a home and believing that their bank (or lending institution) would not put them in an untenable position vis-a-vis their mortgage.

Of course, if that doesn't turn you off McCain, perhaps his concept of an indefinite occupation of Iraq will do the trick.

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