Friday, August 22, 2008

Houses

In times of a crappy economy, while people are losing thier homes, their jobs - Senator McCain has seemed to lost track of how many houses he owns.

McCain Has So Many Houses, He Can’t Keep Track
by Seth Michaels, Aug 21, 2008

In the past week, Sen. John McCain has proven repeatedly he just doesn’t get it. He’s said, once again, that the economy is strong. He thinks you’re “rich” only if you make $5 million or more a year. And, in the thick of a housing crisis, he’s made a startling admission: He doesn’t even know how many properties he owns.

McCain told a reporter in New Mexico yesterday, “I’ll have my staff get to you,” when asked how many homes he has.

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The Obama campaign released this ad:



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The McCain Campaign responded with a noun, a verb and POW:
McCain Camp Responds On Houses Gaffe: He Was A POW!
By Eric Kleefeld - August 21, 2008, 1:57PM


The McCain campaign is road-testing a new argument in responding to Obama's criticism of his number-of-houses gaffe, an approach the McCain camp has never tried before: The houses gaffe doesn't matter because ... he was a POW!

"This is a guy who lived in one house for five and a half years -- in prison," spokesman Brian Rogers told the Washington Post.

For those of you who haven't kept track, the McCain campaign just recently cited McCain's POW years in explaining away the Miss Buffalo Chip gaffe, and in dealing with the allegation that he broke the rules and listened in on Barack Obama during the Rick Warren forum.

Also, Rogers made sure to play the anti-intellectual card: "In terms of who's an elitist, I think people have made a judgment that John McCain is not an arugula-eating, pointy headed professor-type based on his life story."

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Tour One Of John McCain's Houses! (PHOTOS)
The exact number of houses owned by the McCains is a hard number to pin down --some sources say eight to ten, some say it may be more than that-- but in 2005 the McCains opened the doors to one of them for an interview with Architectural Digest. Some of the photos can be seen below. The McCains may have sold the house since the interview.

For the complete slideshow,
click here.

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All I can say is if McCain can't keep track of his own houseS, how can we trust him to keep track of this one:









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McCain’s Record Of Denying Assistance To Homeowners
By Think Progress on Mar 25th, 2008


Today, Sen. John McCain (R-AZ) is scheduled to give a speech to the Orange County Hispanic Small Business Roundtable in California. In his prepared remarks, McCain promises to offer “some straight talk” on the nation’s economic woes, promising to “evaluate everything” in order to help Americans. But what are his ideas to solve the crisis? From his speech:

– “it is time to convene a meeting of the nation’s accounting professionals to discuss the current mark to market accounting systems.”

– “We should also convene a meeting of the nation’s top mortgage lenders.” (Note to McCain: The Bush administration already tried this approach, and it failed.)

– “I am prepared to examine new proposals and evaluate them.”

---snip---

While others sought to prevent the emerging credit crisis, McCain has sat on his hands. In fact, on Feb. 17, McCain told ABC’s This Week that a government fund “to help borrowers who are facing foreclosure on their homes” isn’t necessary.

---snip---

McCain has consistently voted against mortgage protections and other steps to help consumers fight unfair credit terms. A look at his record:

– McCain voted against discouraging predatory lending practices. In 2005, McCain voted against an amendment prohibiting law-breaking high-cost predatory mortgage lenders from collecting funds from homeowners who are forced into bankruptcy court. [S. 256, 3/03/05]

– McCain failed to vote on bill to overhaul mortgage lending practices of FHA. In 2007, McCain failed to vote on passage of a bill that would overhaul the mortgage lending practices of the Federal Housing Administration (FHA). The bill would reduce the required minimum down payment for an FHA-insured loan and simplify its calculation, requiring a flat 1.5 percent of the appraised value of the home. [S. 2338, 12/14/07]

–- McCain failed to sign on to the Predatory Lending Consumer Protection Act. In 2003, McCain failed to add his name to this legislation, which was intended to “protect consumers against predatory practices.” The bill, which was endorsed by a host of civil rights and housing advocates, including the U.S. Conference of Mayors, ACORN, and the Consumer Federation of America. [S. 1928, 11/21/03]

– McCain failed to sign on to Truth in Lending Act. Less than four months ago, McCain failed to sign on to this bipartisan initiative providing protection to consumers taking out home mortgage loans. Among other measures, it was designed to “establish new lending standards to ensure that loans are affordable and fair.” McCain also refused to co-sponsor this legislation in the 107th Congress as well. [S. 2452, 12/12/2007]

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