The Obama Action Wire just sent out this email...
Amanda -- In Tuesday night's debate, John McCain blasted off another round of half-baked schemes to fix the current financial crisis. It comes as no surprise that his latest erratic solution -- his third in as many weeks -- would bury middle-class homeowners. The shocking part is how wildly the proposal changed overnight. After editing, a plan to help homeowners became a plan to give handouts to irresponsible lenders. Lip service like this won't help homeowners keep their investments, and it won't change the policies that helped create the current crisis. Watch our latest ad now and tell everyone you know how dangerous McCain's plans are for homeowners: Under McCain's plan, the government would buy up deeply devalued mortgages at full face value -- essentially guaranteeing a loss of billions for taxpayers. Even worse, it puts Americans at risk of losing even more money if home values don't rapidly recover. The only winners in McCain's mess are lenders who have gotten fat off of the unscrupulous and predatory business practices that are sinking middle-class families. John McCain won't tell homeowners the truth about his risky proposals. Watch our ad, then share it with other homeowners who would be hurt by McCain's erratic plans. Barack Obama firmly opposes McCain's scheme because it hurts homeowners -- the very people any solution must be focused on helping. In these uncertain times, American families can't afford to gamble on unsteady leadership. Keep fighting the good fight, Obama Action Wire
Amanda -- In Tuesday night's debate, John McCain blasted off another round of half-baked schemes to fix the current financial crisis. It comes as no surprise that his latest erratic solution -- his third in as many weeks -- would bury middle-class homeowners. The shocking part is how wildly the proposal changed overnight. After editing, a plan to help homeowners became a plan to give handouts to irresponsible lenders. Lip service like this won't help homeowners keep their investments, and it won't change the policies that helped create the current crisis. Watch our latest ad now and tell everyone you know how dangerous McCain's plans are for homeowners:
Under McCain's plan, the government would buy up deeply devalued mortgages at full face value -- essentially guaranteeing a loss of billions for taxpayers. Even worse, it puts Americans at risk of losing even more money if home values don't rapidly recover. The only winners in McCain's mess are lenders who have gotten fat off of the unscrupulous and predatory business practices that are sinking middle-class families. John McCain won't tell homeowners the truth about his risky proposals. Watch our ad, then share it with other homeowners who would be hurt by McCain's erratic plans. Barack Obama firmly opposes McCain's scheme because it hurts homeowners -- the very people any solution must be focused on helping. In these uncertain times, American families can't afford to gamble on unsteady leadership. Keep fighting the good fight, Obama Action Wire
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