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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