[concerned about politics]

It doesn’t matter where the 300 billion comes from. The true vulgarity is that it is being done at all.

The dems screwed the taxpayers, so now we have to deal with it. I want a democrat perp walk after this as much as you do.

BUT......The money is already allocated. McCain wants to buy the mortgages and re-sell them to people who will actually pay for them. I agree with him. Get rid of the welfare housing and turn it into real property.

[jddqr]

By the way, the $300 billion is new money.

Check the original link. Malkin posts the McCain press release. It very clearly states that the $300 billion is NEW SPENDING.

[workerbee]

McCain wants to buy the mortgages and re-sell them to people who will actually pay for them.

I didn't hear anything about re-selling them to other people. If so, tomorrow we'll be reading how McCain wants to kick poor people out into the streets.