Posted on 02/19/2009 8:28:12 PM PST by trying17 (AKA DrGop0821)
Barack Obama's housing bailout plan is being compared to the proposal championed last year by John McCain.
Democrats said McCain's $300 billion plan would have had the government basically eat the cost of reduced property values.
"Taxpayers shouldn't be asked to pick up the tab for the very folks who helped create this crisis," Obama said on the campaign trail. "And that's the problem with Senator McCain's risky idea."
At the time, Obama said McCain's plan showed "erratic leadership."
(Excerpt) Read more at conservativexpress.com ...
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