“Seventy percent (70%) of African-American voters favor McCains plan, as do 50% of white voters. “
Oh that is going to hurt.
Seventy percent (70%) of African-American voters favor McCains plan, as do 50% of white voters.
—and out of that 50% mccain may have picked up the votes of 0.0001% of them.
Naturally they’er in favor. They’re the ones who will be bailed out while the guy down the street keeps paying the high interest on a home that’s worth half of what he owes.
Not the original. I PSP'd it.
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.