Oh that is going to hurt.
This will not help McCain. The blacks are not going to abandon the One because McCain promises to help them with their mortgage - race is the primary factor for them, and I am sure they expect to get even more goodies from the One after he is elected.
What it will do is discourage fiscal conservatives, especially after his campaign made it clear that they intend to buy these mortgages at face value (bailing out the reckless lender) and then write off the loss in value (bailing out the reckless borrower), sticking the taxpayers with the tab.
“This will not help McCain”....
McAmnesty is doing it to himself again as he did with amnesty for illegals, kicking the conservative base in the ass.....