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[Gene GeRue <genegerue AT ruralize.com>]

The one thing that startled me in the debate last night was this by  
McCain:

“As president of the United States,” McCain announced, “I would order  
the secretary of the Treasury to immediately buy up the bad home loan  
mortgages in America and renegotiate at the new value of those homes —  
at the diminished value of those homes and let people be able to make  
those — be able to make those payments and stay in their homes.”

In the Liberals-versus-Conservatives debate, this McCain proposal will  
be used for many years. Here we have a Conservative of the first rank  
proposing to bail out the people who purchased homes they could not  
afford.

As McCain's judgement goes, this is damning.