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  US Election08: Do you agree with McCain's Housing policy?
 
"Opposed to using taxes to bail out who failed to perform due diligence in assessing credit risks. Provide manageable loans to over-exposed home owners who committed to sub-prime mortgage after 2005, and only for primary residences. Opposed to bailing out real estate speculators or financial market participants who failed to perform due diligence in assessing credit risks."
by John McCain, 1 year ago
3479 voted, 24% agreed,
    
371 comments

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category: Politics
related topics: "Housing US Elections 2008"

 
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Showing 1 - 10 of 372 Comments
 
   
 
 
  Nazeefa Fatima replied to Fred Royal's comment 1 year ago
Minekey is for people to share opinions not to keep their opinions to themselves so chill out!!
disagreed
   
+2
 
 
  Egbeni Sylvester wrote 1 year ago
I got out policies within hours, did not consult his economic advisers? How does he think? that we are fools? we don't know economics? I think he should concentrate on what he know how to do better, attack other candidates!! I wonder what other presidents who listened to him think of Americans? Even in Africa, they think, how can Reblicans bring this candidate? and to make worsen brought in Palin
   
+1
 
 
  Sofiya Adeel wrote 1 year ago
POLITICIANS mean nothings to me
   
+1
 
 
  Ketty Ho wrote 1 year ago
I don't know...Political stuff...:s
   
+1
 
 
  precious_pearl replied to Pavi N Trisal's comment 1 year ago
Consumers have to take responsibility for their actions also - the math was simple..once the honeymoon rates they were initially offered expired, they did not have capacity to service the debt - why take it up then when it is clear that a mortgage is a long term committment.
disagreed
   
+1
 
 
  precious_pearl replied to Pavi N Trisal's comment 1 year ago
As for lenders, they were banking on property prices continuing to increase, as a means of recovering their loans and even making a profit out of likely foreclosures..only now its losses ...and well the rest is history...so whilst i disagree with blatant 'bailouts' I agree with govt investment initiatives e.g. buying equity stakes as opposed to buying bad debts!
disagreed
   
+1
 
 
  Kassandra Tz. wrote 1 year ago
dn sas goustarw ka8olou!!!!!!!!!
   
0
 
 
  Melani Darrell wrote 1 year ago
Limiting speculators and those with lousy ethics from profiting seems sensible.
agreed
   
0
 
 
  precious_pearl wrote 1 year ago
Everyone in the industry was a speculator unfortunately-even those consumers who committed to sub-prime loans. I actually agree with the staunch republicans on this-let those who sowed the seed, reap the fruits,no matter how distasteful. As for the institutions who have the massive exposure, bring in the liquidators and hold its executives to account!
disagreed
   
0
 
 
  DeAnna Padgett wrote 1 year ago
I think that the at risk loans were given to lower income families, and people with bad credit due to the policies set in place by Clinton. I don't think the banks had much choice in some cases. I do agree that spending more tax dollars to bail out more people would be a disaster.
agreed
   
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