Topic: McCain immune to housing crisis?

Apparently Sen. John McCain is unsure about the number of houses he owns, admitted the not-so-leftist-not-so-elitist Republican Party nominee.

Here is the rundown of his possessions, by a totally unbiased source:

http://www.foxnews.com/wires/2008Aug21/0,4670,McCainHousesGlance,00.html

All other revenue sources aside, it appears Sen. McCain has found the ideal formula to handle the housing crisis: if you can't afford to keep your house, talk to me, I'll give you one of my own!

Re: McCain immune to housing crisis?

Honestly

if anything Obama was guna get beat cuz of his foriegn policy experience but that's covered by Joe Biden

McCain has f**ked up so much on economic issues, even Romney on the ticket wouldn't help

Re: McCain immune to housing crisis?

What does him owning so many houses have to do with how good he will be president? Just because he owns so many houses does not mean he doesnt care about some americans' struggle to pay for their houses. Not saying that he should care for them because i frankly beleive that they took loans that they could not pay and the government shouldnt come in and bail them out. If the American government keeps bailing out ignorance then ignorance will be what america stands for which is not true. Let the ignorant die (expression...) and the smart live. By die i mean ofcourse let them suffer for some years.

Re: McCain immune to housing crisis?

Isn't all of those houses under his wife's name who happens to be pretty damn rich?  I don't know about you, but I don't think McCain's wife is funding McCain's campaign unlike the Clinton or Kerry couples.

Re: McCain immune to housing crisis?

McCain does not know because his wife is the investor. He just lets her do her thing.

This is less of an issue that Obama's 7 states he visited and yet no one here on earth knows which 7 nations represent the 51's to 57th state.

Everything bad in the economy is now Obama's fault. Every job lost, all the debt, all the lost retirement funds. All Obama. Are you happy now? We all get to blame Obama!
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Re: McCain immune to housing crisis?

"McCain has f**ked up so much on economic issues, even Romney on the ticket wouldn't help"

I beg to differ. What are the democrats going to do to improve the economy. I haven't heard any solutions from the democratic side but still everyone thinks the democrats will improve the economy? Maybe Obama isn't comfortable talking about the tax increase while he is more than comfortable talking about how he will give universal healthcare. Increasing taxes is a sure-fire way to weaken the economy. Especially in a recession.

Also i wouldnt mind paying extra taxes if i was going to get healthcare but that is a complete joke. The same government that failed social security and medicaid is going to give us free healthcare???!?!? LOL Government isn't efficient and that is a fact. They will never be efficient because they have no reason to. They have ever increasing budgets.

So in the end neither candidate is good IMO. Obama will mess up the economy and the republicans are idiots when it comes to foreign policy. They would rather make enemies than allies. Which would have been alright in 90's but not anymore as there are huge military and economic powers coming up like China, Russia, India.

Re: McCain immune to housing crisis?

well rooster it's basically a comeback to the picture McCain has been trying to paint of Obama

He's trying to say Obama is out of touch and doesn't know the pain of the american people
but he himself is richer than Obama, has so many houses that he can't even count them

and Einstein it's not just the houses thing, this has been builduing, for a long..long time
and this is from my post in the other election thread

"He has said that economy has made great progress in the last few years and jobs are doing great, in a debate once
he later said a few days ago that the fundamentals of the economy were great in the last few years
followed by his top advisor saying the problem is only in our head...and that Americans are Whiners
FOLLOWED by him not even knowing how many houses he has....
and don't forget McCain admiting that he is bad with the economy [he really didn't have to say it, it's easy to figure out..really]"

Re: McCain immune to housing crisis?

Ya mccain is playing really dirty politics. I thought he was the "maverick". It tells me that he is not and that he is just like any other politician. don't get me wrong i think obama is the same filthy, cunning politician like mccain.

Beleive it or not the economy HAS made great progress in the past 8 years. Keep in mind Bush took office with the dotcom bubble and horrid job markets. His low taxrates helped the economy rebound. He is an idiot for continueing the iraq war though. The iraqis aren't taking the responsibility to protect themselves so why should we sped 1trillion$$$ to do it for them? I say put in a friendly puppet dictator and leave.

Re: McCain immune to housing crisis?

I agree with you 100% about the Iraq war, and Rooster I fail to see how the economy has made great progress??

unless you're comparing it to some distant third world country, the economy has only declined..

Re: McCain immune to housing crisis?

The economy has made great progress because we had great economy from 2003-2007. The rest of the time the economy was rebounding from a dotcom bubble in the beginning and a new housing crisis now. Both of which Bush or the republicans had any part in making. The housing crisis is made by idiots who took money they could not pay off.

Re: McCain immune to housing crisis?

Iraqis are taking responsibility, they've lost bout 20,000 soldiers since 2003 fighting for that constitution, their elected govt has met 15 of the 18 "benchmarks" we set up in 2007

The core joke of Hitchhiker's Guide to the Galaxy is that of course no civilization would develop personal computers with instant remote database recovery, and then waste this technology to find good drinks.
Steve Jobs has ruined this joke.

Re: McCain immune to housing crisis?

Rooster, housing crisis was not made by those people, it was made by companies who were stupid enough to give money to people who couldn't pay it off

If you're guna give me a loan, i'll take it, knowing that i can walk away like so many people did, it's the company's responsibility to make sure that they're not doing bad business by giving it to some man who can't pay the monthly payment

Re: McCain immune to housing crisis?

worse than that, they made the loan and sold it to another bank.  They knew they were gonna sell it off when they made the bad loan.

And the bank that bought it DIDN'T read the loan before they bought it.  They bought umpteen thousand mortages at a time.  It's called BUNDLING.

The core joke of Hitchhiker's Guide to the Galaxy is that of course no civilization would develop personal computers with instant remote database recovery, and then waste this technology to find good drinks.
Steve Jobs has ruined this joke.

Re: McCain immune to housing crisis?

either way you can not say America is doing good economically, and that is what McCain and his advisors have said..

Re: McCain immune to housing crisis?

the 'fundamentals' are sound.  Most people are keeping their houses, employment is still about where it was when Clinton was reelected in 1996, gas is headed down again, economy is still slowly growing.

The core joke of Hitchhiker's Guide to the Galaxy is that of course no civilization would develop personal computers with instant remote database recovery, and then waste this technology to find good drinks.
Steve Jobs has ruined this joke.

Re: McCain immune to housing crisis?

"Rooster, housing crisis was not made by those people, it was made by companies who were stupid enough to give money to people who couldn't pay it off"

Why do you completely ignore the individual's responsibilities?

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Re: McCain immune to housing crisis?

Nobody can really prevent unqualified people from seeking a loan

it's when they get the money that it becomes a problem

BTW this thread is more about economy than a candidate so it may live.

The core joke of Hitchhiker's Guide to the Galaxy is that of course no civilization would develop personal computers with instant remote database recovery, and then waste this technology to find good drinks.
Steve Jobs has ruined this joke.

Re: McCain immune to housing crisis?

"Why do you completely ignore the individual's responsibilities?"

agreed. I dont exactly know what is gladiators position on what to do about it. I know that my position is we should do nothing about it. Dont punish the companies and dont bail out the idiots who took the loan. Let the ignorant suffer. I guess you are right that the company was not smart in giving these people the loans anyway so they are suffering as well. NO ONE needs to be punished or saved. Let the market fix itself.

19 (edited by Newb 26-Aug-2008 01:42:15)

Re: McCain immune to housing crisis?

> Simon wrote:

> "Rooster, housing crisis was not made by those people, it was made by companies who were stupid enough to give money to people who couldn't pay it off"

Why do you completely ignore the individual's responsibilities?
_______________________________________________________
Good point.
Maybe some is suffering from the false victim disease?
Or more likely, the person has been taught incorrectly by people he respects.
EDIT:
Or like the above post reply by Rooster, the answer is "none of the above" where I can now look like a fool? lol/groan

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Re: McCain immune to housing crisis?

Rooster the companies need to go back to business school...

Re: McCain immune to housing crisis?

Actually they dont need to go back to business school. They learned their lesson the hardway in life big_smile

Re: McCain immune to housing crisis?

they need more lessons!!

$10 says this is going to happen again..