McCain's idea of buying up mortgages is a good one, and a headline

[Onlooker]

If you paid off $100,000 on your mortgage but still owe $100,000 on the mortgage for a house that's now worth $150,000, McCain will buy your mortgage so that you only owe only $50,000 on your mortgage. Obama's campaign will have to have a response ready. Hopefully, he'll respond right now.

[TeamJordan23]

1. Hillary had suggested something similar as an idea and she got ripped apart from the Right. nm

[aquamarina]

5. Hillary did say something like that - she wanted to

insitute a freeze on foreclosures. It was a good idea when she proposed it and should be revisited.

[sandnsea]

2. That's not what he said

He was describing the bail out package, which is taking the bad mortgage debt off the banks' balance sheets.

[babylonsister]

3. Where's the money for all those mortgages coming from? nt

[Liberal_Stalwart71]

4. WRONG!! That's NOT McCoward's plan. That was part of the "rescue" package that was passed last week.

McCoward is lying through his teeth!!

[Onlooker]

7. I hope I'm wrong

If I am, the MSM and Obama campaign need to clarify that.

[WCGreen]

6. We are already buying mortgages from thecompanies....

are we going to then give those same companies that made the problem to begin with more money.

It makes no sense to me...

They need to go into the bankruptcy laws first...

[GrizzlyMan]

8. It flatlined on CNN

As soon as he brought it up, his lines went WAY down. It's a non starter.

[screembloodymurder]

9. WTF ?

That would really piss me off.

[seabeyond]

10. 139 million tax payers. divide by 700b is 500k to each tax payer. they would have to pay off mortg

and debt and then would have the money to spend, and they would spend.... what would happen to economy? my father came up with this a couple weeks ago and my father is a businessman repug

[Lex]

11. He didn't come up with that.