Free Republic

The McCain-Palin website now has a page soliciting "thoughts" on his "Homeowner Resurgence Plan." Here is the link: http://www.johnmccain.com/involving/petition3.aspx?guid=84a6fec2-583a-47c8-b332-4d2a9c4bd407

McCain faces conservative backlash over mortgage plan By Alexander Mooney CNN (CNN) -- John McCain is facing a fresh round of anger from members of his own party deeply opposed to the Arizona senator's proposal for the federal government to purchase troubled mortgage loans. John McCain first mentioned his mortgage relief plan during Tuesday's town-hall debate with Barack Obama. John McCain first mentioned his mortgage relief plan during Tuesday's town-hall debate with Barack Obama. The pointed backlash from several economic conservatives -- many of whom already distrust McCain's commitment to free-market principles -- couldn't come at a worse time for...

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...

John McCain will direct his Treasury Secretary to implement an American Homeownership Resurgence Plan (McCain Resurgence Plan) to keep families in their homes, avoid foreclosures, save failing neighborhoods, stabilize the housing market and attack the roots of our financial crisis. America’s families are bearing a heavy burden from falling housing prices, mortgage delinquencies, foreclosures, and a weak economy. It is important that those families who have worked hard enough to finance homeownership not have that dream crushed under the weight of the wrong mortgage. The existing debts are too large compared to the value of housing. For those that cannot...

Received by email: My Friends, Millions of Americans on Main Street are feeling the effects of our current economic crisis largely brought on by corruption and greed at Fannie Mae, Freddie Mac and Wall Street. Our next president must come into office with a plan to address the very root the failing housing market. Last night, during my debate with Senator Obama, I announced my plan to fix the root of our problem and I'd like to share a little more with you today. If elected president, I will direct my Treasury Secretary to implement an American Homeownership Resurgence Plan...