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There is good reason why multimillionaires want to occupy public positions. They get richer and richer. I was not going to vote for this schmuck mccain anyway and will happily tell people to listen to this piece.
posted by Anonymous, at
8/19/2008 1:11 AM
I am no fan of John McCain, but this video is poorly thought through and unfair.
There's truth in what McCain says. Lenders were short-sighted, greedy and fiscally irresponsible in making marginal home loans. Because of their professional expertise and obligations, I hold them far more responsible than the borrowers. However, I do not think the borrowers are without blame. Why would anyone have been foolish enough to get an adjustable rate mortgage? A basic knowledge of economics would tell you that it was a risky proposition, at best. I feel sorry for the woman in this video and her family, but she seems intelligent. Doesn't she bear some responsibility for not doing her homework and making a foolish financial choice? If there were mitigating circumstances (e.g.she was lied to by her mortgage broker), then why isn't this mentioned in the video?
Given that what McCain says is fundamentally true, the fact that he may be elitist and out-of-touch appears to me to be irrelevant here. If he does bear some direct responsibility for the mortgage crisis -- such as voting for legislation that contributed to this mess -- that would be an appropriate focus. But this video, as is, is sloppy and unconvincing. We're never going to elect Obama with nonsense like this.
posted by Anonymous, at
8/19/2008 9:57 AM
Yeah right anonymous. Next you will be telling me the Queen of England can relate to Oliver Twist.
posted by Anonymous, at
8/19/2008 10:06 AM
Yeah, some of these people should have known better, but that's why credit cards have limits on them; and if this industry hadnt been deregulated by the phil gramms of the republican party, these people never would have been approved in the first place and the tragedy could have been averted.
posted by Anonymous, at
8/19/2008 10:45 AM
We can all take comfort though. All of this happened under the George Bush watch. Anyone dumb enough to believe McCain let alone vote for him is going to get another four years of Bush policies.
posted by Anonymous, at
8/19/2008 11:44 AM
"Ugh. McCain invited accusations of elitism by calling Obama an arugula-loving, berry-tea-drinking, Starbucks-swilling, elite liberal know-nothing.
But watching the left attack McCain for having multiple houses and $520 shoes is not exactly uplifting either."
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