to keep Americans in their homes." Oh, really, Mr. McCain? Let's take a look at what you said last March and see if you felt that way when your ASS wasn't on the line:
“‘I have always been committed to the principle that it is not the duty of government to bail out and reward those who act irresponsibly, whether they are big banks or small borrowers,’ he said.”
“‘Any assistance must be temporary and must not reward people who were irresponsible at the expense of those who weren’t.’”
“‘Policies should move toward ensuring that homeowners provide a responsible down payment of equity at the initial purchase of a home. I therefore oppose reducing the down payment requirement for FHA mortgages and believe that, as conditions allow, the down payment requirement should be raised. So many homeowners have found themselves owing more than their home is worth, because many never had much equity in the house to begin with.’”