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The race for president: McCain's slippery slope
Pittsburgh Tribune Review ^ | 10/9/2008

Posted on 10/09/2008 3:02:42 AM PDT by markomalley

The race for president rapidly is devolving into a competition to see who can propose the most socialistic programs.

Democrat Barack Obama advocates perhaps one of the largest series of tax increases in support of wealth-transference programs in the history of the country. But not to be outdone, Republican John McCain has decided to take a slide down a none-too-dissimilar socialist slippery slope.

Sen. McCain announced during Tuesday's Nashville debate his American Homeownership Resurgence Plan. As president, he would direct his Treasury secretary to spend $300 billion to purchase troubled mortgages -- in some cases, directly from homeowners -- and restructure them to reflect their burst-bubble values and make their mortgage more "manageable."

But this is a proposal straight out of the ultra-liberal George Soros- and Peter Lewis-backed Center for American Progress. Consider it the end of the private mortgage market. Few lenders will lend if government, not the market, is effectively setting housing prices and mortgage terms. It also eviscerates a fundamental constitutional right -- the right to contract.

(Excerpt) Read more at pittsburghlive.com ...


TOPICS: Business/Economy; Government; Politics/Elections
KEYWORDS: 2008; bailout; economy; mccain; resurgenceplan; socialism

1 posted on 10/09/2008 3:02:43 AM PDT by markomalley
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To: markomalley

“The race for president rapidly is devolving into a competition to see who can propose the most socialistic programs.”

Yep, and a rat can always out-bid the RNC.


2 posted on 10/09/2008 3:04:59 AM PDT by Arthur Wildfire! March (BO Change is BS Change. A little o Change to help Ayers and Raines.)
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To: markomalley
But not to be outdone, Republican John McCain has decided to take a slide down a none-too-dissimilar socialist slippery slope.

He and the GOP have been travelling down the socialist slippery slope for a long time.
3 posted on 10/09/2008 3:06:52 AM PDT by Man50D (Fair Tax, you earn it, you keep it!)
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To: markomalley
NO MORE OLD GEEZERS.
Mclaim has no interest in the Job.
Say Hello to president BOMA
Say Goodbye to America as we know it today.

Who was Bob Doles Running mate?
This reminds me of the Dole campaign and my reference to OLD GEEZERS.

4 posted on 10/09/2008 3:25:26 AM PDT by DeaconRed (We Need To Get all 545 out and start over. 535 House & Senate 9 SCJ &1 President)
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To: markomalley

Then again, the Democrats’ support for the bailout bill has them on record as supporting a principle behind the “trickle-down economics” they have railed against for so long.

I found it very interesting how they dropped their “no tax cuts for the rich” rhetoric in favor of “bailing out Wall Street to help Main Street.”


5 posted on 10/09/2008 3:44:37 AM PDT by cvq3842
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To: markomalley

Then again, the Democrats’ support for the bailout bill has them on record as supporting a principle behind the “trickle-down economics” they have railed against for so long.

I found it very interesting how they dropped their “no tax cuts for the rich” rhetoric in favor of “bailing out Wall Street to help Main Street.”


6 posted on 10/09/2008 3:44:58 AM PDT by cvq3842
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To: markomalley

oops! double post.


7 posted on 10/09/2008 3:45:46 AM PDT by cvq3842
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To: Voter#537
"NO MORE OLD GEEZERS"

That's a pretty stupid reason to turn the country over to socialists.

8 posted on 10/09/2008 4:05:11 AM PDT by AIM-54
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To: Man50D

How to bring socialism to America:
Only vote for one of our two main parties
Only vote for “viable” candidates

Done!


9 posted on 10/09/2008 4:08:40 AM PDT by MoreGovLess (The USA has one main political party: the Kleptocrats)
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To: markomalley
Socialist states of America welcome. Learn to live with it. The sheeple of the social states of America have spoken.
The 30’s are going to look like a birthday party. Unemployment 30 percent. There won't be enough cops.The people today are not like people of the 30's.Think about it, if you dare.
10 posted on 10/09/2008 4:13:39 AM PDT by G-Man 1
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To: AIM-54
EXCUSE ME! ! ! !
What is the difference between them One is a little more Socialist than the other. Whick one? I can't TELL
Now GET OVER IT
11 posted on 10/09/2008 4:20:24 AM PDT by DeaconRed (We Need To Get all 545 out and start over. 535 House & Senate 9 SCJ &1 President)
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To: Voter#537

If you can’t tell the difference, you’ve a serious problem with discernment.

One is an active socialist. The other will let it happen though complacency. The odds of stopping one are much better than the odds of stopping the other, surrender monkey.


12 posted on 10/09/2008 4:38:10 AM PDT by AIM-54
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To: AIM-54

Right, one just proposed to buy up all the bad mortgages...with his own fortune? Oh no, taxpayer money. Hmmm. Sounds like more than “complacency” to me.


13 posted on 10/09/2008 4:54:37 AM PDT by MoreGovLess (The USA has one main political party: the Kleptocrats)
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To: MoreGovLess

I don’t see much good in a McCain presidency either. But Obama will be disaster.

How deep of a hole do you want to crawl out of in 4 years?

Not so deep that you are not able to make it, hope.


14 posted on 10/09/2008 4:58:48 AM PDT by AIM-54
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To: markomalley

Tom Clancy could write a heck of a novel about all of this. The sate of the nation at this exact moment, has all of the ingredients for a best seller.

Problem is, this is real people. As for me, I’m just buying more ammunition, while I still can.


15 posted on 10/09/2008 5:05:55 AM PDT by Rearden (Steal a truck, go to jail. Steal a railroad, go to Congress.)
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To: Man50D
He and the GOP have been travelling down the socialist slippery slope for a long time.

Yep, it was always just a matter of rate between the two parties. Now, it's an even match, both trying to out do each other in spending our money to cover their tracks. All else being depicted on the campaign trail is political hyperbole for the sheeple and koolaid drinkers.

16 posted on 10/09/2008 5:08:10 AM PDT by TADSLOS (Cure CINOism- Write in proven conservatives at all levels on the ballot)
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To: AIM-54

I do see value in McCain as Prez if as expected the Dems take both houses: either klepto party in complete control is very dangerous -no check, no balance...


17 posted on 10/09/2008 7:27:54 AM PDT by MoreGovLess (The USA has one main political party: the Kleptocrats)
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