Thu Apr 10, 1:29 PM Pacific • posted by Jed Lewison
McCain Flip-Flops on Housing Crisis in Record Time
A couple of weeks ago, John McCain promised not to help homeowners at risk of losing their own homes.
It is not the duty of government to bail out and reward those who act irresponsibly, whether they are big banks or small borrowers.
He must still be having those mixed-up memory problems, because today he flip-flopped on that promise:
McCain, in Shift, Seeks U.S. Help for Homeowners
Senator John McCain, who drew criticism last month after he warned against broad government action to solve the deepening mortgage crisis, pivoted Thursday and called for the government to help qualified homeowners with subprime mortgages refinance and get federally guaranteed 30-year mortgages.
Both Clinton and Obama called McCain out for his sudden reversal. Nice to see that.