Wasn't J McC plan already in the bailout?

[The Wielding Truth]

[BrklynLiberal]

1. I heard someone say that last night.

His proposal was nothing new. It was already included in the original bailout.

[The Wielding Truth]

2. He was against it before that ,right?

[csziggy]

3. Check this thread: Why does McCain get to demagogue on bailing out struggling homeowners?

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=389x4198643

[The Wielding Truth]

5. Thanks so much.

II. Homeownership Preservation
EESA requires the Treasury to modify troubled loans – many the result of predatory lending
practices – wherever possible to help American families keep their homes. It also directs other
federal agencies to modify loans that they own or control. Finally, it improves the HOPE for
Homeowners program by expanding eligibility and increasing the tools available to the
Department of Housing and Urban Development to help more families keep their homes.

[man4allcats]

4. Yes, it was. He just wanted to try to make it

look like it was his idea. See DUer cal04's post here.

[The Wielding Truth]

6. Thought so. Thanks.

[damntexdem]

7. Allowable, not required.

But Johnny needed to throw his latest Hail Mary, even if he had already crossed the line of scrimage.