Pray For Barack Obama is a non-denominational ministry dedicated to lifting up President Barack H. Obama, his family, his cabinet and staffs in Prayer as they serve the USA (and the world).

Saturday, October 11, 2008

GOP and Conservatives Oppose McCain Mortgage Plan

As if the Branchflower report weren't bad enough, McCain is taking a lot of friendly fire over his mortgage plan. John McCain is facing a fresh round of anger from members of his own party deeply opposed to the Arizona senator's proposal for the federal government to purchase troubled mortgage loans. Basically, it would have the government buy distressed mortgages from the banks and then renegotiate terms with the homeowners. The plan has been harshly criticized by economists who endorsed McCain, Republican congressmen, and conservative bloggers. What's a candidate to do when the home team is razzing you?



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“The only thing we have to fear is fear itself.”- Franklin D. Roosevelt, elected president in 1932.