Obama bashes McCain on housing crisis

Right on Obama!

Here's an idea, don't buy a house you can't afford to make the payments on.

duhhh.

Sen Obama has his ideas about how to correct the economy. I personally think that he is wrong. I dont' want my taxes to be used, or worse yet raised, in order to bail out the companies who irresponsibly made bad loans, nor do I really want to bail out individual homeowners who took out loans they couldn't afford.
I'm with Sen McCain on this one.

It should not be that these individuals could not afford the home because some could until gas prices started increasing, food prices started increaseing, child care starting increasing, utlitiy bills started increasing, and some may have lost a job or part of their income. Thus, they are forced to foreclose. So, I think some relief is needed given our ailing economy. Isn't this is what our country is for. Afterall, we've been paying taxes for years and we usually don't see that benefit until we are old and gray if at all. Help the folks, geesh!

Actions speak better than words.

Mr Obama choose Mr. Wright as his spiritual teacher for 20 years and included Mr. Wright in his election staff, these are the actions of Mr. Obama. When shocking hate messages began to flow from the mouth of Mr. Wright on television, hyperbole spin was written for Mr. Obama distancing Mr. Obama from Mr. Wright. The weird thing is, some people actually believe the spin written by Mr. Obama’s election machine. But regardless what Mr. Obama says, he chose Mr. Wright as his spiritual teacher for 20 years and added Mr. Wright to his election staff.

If you make the choice to listen and learn from Hitler every week over 20 years, do you expect me or any other rational being to believe that you wouldn’t be or want to be influenced by Hitler’s ideas? And what does that say of your personal integrity if you chose American hating Mr. Wright, or Mr. Hitler as your guide in life?

And also consider recent announcement that the chief of the firm involved in the State Department’s passport breach is one of Obama’s adviser. And that Obama has been caught lying about Rezko, regarding the amount of money Rezko gave him, and that Obama still hasn’t come clean about his Rezko land deal. Or further, how Mrs. Obama makes a phenomenal $317.000 a month at a hospital in Chicago that is famous for turning away the poor, especially the black poor.

If Obama were to become president, what would stop Mr. Obama from appointing Mr. Wright to his cabinet? And after Mr. Wright’s appointment, if anyone complained they would be called racist. And it seems as if this strategy - that it is racist to criticize a black man - is already in effect as Mr. Obama can do anything corrupt with minimal impunity by the public or the press. But if Hillary so much as sneezes, she is taken through the laundry and hung out to dry and then beaten some more. Such bias treatment towards Mr. Obama because of his race is racial discrimination. And I believe another reason why Mrs. Clinton is unfairly criticized to such an extreme is because a handful of powerful men in the media can’t stand the idea of a woman for president – likely a libido thing.

We should have as our country’s leader someone with wisdom and knowledge, whose goal is the selfless betterment of the world. We should not elect someone with a personal agenda of personal power or select them because of the fashionably of their race or the preference for a gender.

Obama is not old enough or experienced enough to take on the role of the president, and if had simple wisdom, instead of a misguided desire for power, he would know this.

I believe most Americans know what issues we face as a nation as we try to decide which candidate(s) will best resolve them. We see in John McCain’s life, past and present a devotion to serve his country. Anyone who knows Senator McCain will tell you that he has passion for what he believes in and a constant drive to serve his country to the best of his abilities with sincerity, truthfulness, and dedication.

I remember seeing John on the Forrestall the morning of the flight deck fire, he was really beat up, but after some medical treatment he was transferred to the Enterprize and joined up with an attack squadron and that same day launched off in a A6A attack aircraft to provide close ground air support for our troops in Viet Nam. That same day his aircraft was shot down and he was taken prisoner.

Most Americans are aware of the courageous service John provided as a naval aviator and POW . But few can fully appreciate how bad the egregious hospitality of the Hanoi Hilton really was .His main concerns were for other POWs’ life threatening conditions and how he could help them is spite of the injuries he had received prior to and during his confinement.
Our convictions about John's character were born in the crucible of adversity. We have witnessed his courage, integrity, character and intellect. We know and greatly respect his sense of honor and his tenacity in the face of grave danger and prolonged hardship(s). These qualities, combined with his life experiences, make John ready for the enormous challenges facing the leader of our country. No one -- no one – has a greater knowledge of what war is really like or more qualified to be president, to lead our country and protect our nation. Some pretend to know him or deride his physical short comings but do nor know his physical strengths, his love of country and his commitment to serve it. He has been severely tested, and we have witnessed him under pressure. We trust his judgment and his ability to surround himself with our countries best advisors to lead our country without the BS to lead his beloved country and countrymen.
.We could do a whole lot worse than vote for John Mc Cain as our next president of the United States for every man, woman and child in our country regardless of their political affiliation. In John’s administration there are no Democrats or Republicans only Americans.

God Speed John Mc Cain

I echo the words of a prior comment; it is a terrible and frightening thing for someone to lose their home due to foreclosure, however, if the home was purchased in a manner where the individuals income did not support the purchase amount and/or the individuals purchasiing the home did not have sufficient equity (initial down payment and subsequent principal payments) to qualify for the loan in the first place, then I have no issue with foreclosure actions. However, if a person who qualified for the initial loan of the home, were making timely payments, were building equity in the property and then experienced a life changing event (sickness in the family or primary breadwinner or loss of income due to no fault of the wage earner) then help should be provided to those individuals to keep their property. If someone purchased a home that could not afford, secured a variable rate mortgage and now is facing foreclosure due to non-payment on the loan; its too bad, but not the problem of the taxpayer to bail them out. On the same token, those financial institutions that initiated bad loans, or purchased options on loans which are now defaulting; too bad, they rode the profit wave when money was coming in hand over fist, now are looking to the taxpayer to bail them out because those "profit" loans have now begun to default. Too bad, they made their bed, and should be forced to lay down in it. No bailout for irresponsible consumers and/or financial institutions.

people are not buying houses they can't afford, they're being dooped into hosues that they can't afford..thats against the law..RIGHT? SMH

its clear, if America wants more war, more economic woes, and less jobs, vote for Mc cain/Bush

How were these would-be homeowners being "dooped"? It can be reduced to a simple equation 50%INCOME - ALL BILLS>0.......consider buying the house, on the other hand...... 50%INCOME - ALL BILLS In my opinion, the government trying to keep prices artificially high will inevitabally hurt the normal buyer. In a capitalist system, when cost exceeds the ability to purchase, supply and demand will regulate prices not (uncle sam), and that is what is about to happen. Let the housing prices return to realistic levels and houses will once again be affordable for the common people. Many people that got burned were buying to sell and make money on a quick sell. I have no pity since this is an attempt to make a quick buck and has risk. There actiions only pushed prices higher and created an artificially high price structure. They are now paying for this risky practice and now we are made to believe it is someone elses fault. Isn't the ability to make choices called "FREEDOM"? So are the government mouthpieces really saying that "FREEDOM" is the reason these folks can't pay their mortgages? We as a society like to treat the symptoms, instead of curing the problem. It appears that our lawmakers now have another opportunity to treat the symptoms "Lets pass a few more laws... and prop up this industry with tax dollars" Both are BAD IDEAs.

Lets stimulate the ecomomy by putting those home builders to work building new schools and libraries. That is a much better tax investment (in our future) that we will all enjoy! Bailing out rich bankers and greedy would-be homeowners only pulls down the masses for the benefit of a few. Short term vision not long term vision is what got us into this mess, but it won't get us out of it.

Lets stop proping up landscapers, real estate agents and other self serving occupations that add little to improve things for our future generations. Lets provide more tax dollars for education in the form of 0% interest loans and grants.
Lets pay our teachers enough to make their "VITALLY IMPORTANT" job also one of respectable pay and we might just attract better teaching minds to this profession.
Of all the proposals I have heard, none have long term technical or industrial benefits for a nation that imports more than we export.
Back to the point...............
Lets let home prices drop so that more families can keep one parent home with young children. These parents will be more likely to engage themselves in their childrens lives and not dump them on the school unprepared and ill equipped to learn. It is YOUR reponsibility as a parent to ensure your child is learning, not the schools. So if we as parents can afford to pay for a HOME (not a McMansion) we can be more involved in our childrens lives. This could lead to emergence of the best generation this country has seen in quite some time. A generation that is less interested in bling and more interested in academics and achieving personal goals that have real meaning. Preserving freedoms and spawning new technologies and providing real progress.

Oh Yeah, Gas prices.....
Wonder why we pay so much for gas?
Why not lift the tax on the gas purchases we make at the pumps? Notice how our government cares so much for the poor and then has so much concern they levy taxes on fuel that hurts the poor more than the rich. Notice that the traffic lights are so unsynchronized that we must stop and start constantly. I wonder if that might make us buy more gas and create more tax revenue for our county and state governments? Not to forget how our government officials then make us believe we should conserve energy and do our part to thwart Global Warming.
In fact....They are so concerned about global warming they encourage bulders to build McMansions that inevitably will consume more energy and contribute MORE to global warming. WHY???....Could it all in the name of tax revenue to keep a bunch of county and state legislators busy interfering with our daily routines and providing them with hefty salaries enabling them to have their lurid affairs (often using tax dollars).
Gas consumption and commute times could be reduced with little effort. SYNCHRONIZE!
Gas prices could be reduced with little effort.
REPEAL THE TAX!

I agree that this article is full of information but it provided no solution for Obama. I like McCain and I think that this just doesn't do either of them justice.