McCain the elistist NOT Obama
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McCain the elistist NOT Obama
| Thu, 08-21-2008 - 11:13pm |
Obama raps McCain for ignorance of his own houses
WASHINGTON - John McCain may have created his own housing crisis.
Hours after a report that the Republican presidential nominee-in-waiting didn't know how many homes he and his multimillionaire wife own, Democratic rival Barack Obama launched a national TV ad and a series of campaign stops aimed at portraying McCain as wealthy and out of touch.
With the economy the top issue in the race, Obama sought to turn McCain's gaffe into one of those symbolic moments that stick in voters' minds

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MONTANA MOM !
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***Patty, where can I get a bumper sticker like this? I Love it! I work and shop in a college town (thank god I don't live in it) and the cars all have Obama stickers on them and frankly I'm tired of seeing them, I need one of these to put on my car.***
Why can't people get stickers to support their own candidate and not ones to bash someone else??? Seems like they're scared or something. Hmm... makes you think.
MONTANA MOM !
Let's be honest - they're both elitists.
One comes from a family of high level officers and is married to a multimillionaire heiress.
Obama didn't come from money..but he certainly does have it now. Your analogy made me laugh none the less....and the hooker part was brilliant. lol
I disagree.
There would be no need to refinance if you'd had good credit and put money down in the first place. The fixed rates during the past several years for those with good credit have been historically low. I personally purchased three homes between 2004 and 2005 and the interest rates on 30 year loans were, 5.875%, 5.375%, and 6.35%.
Where people with good credit have run into trouble is where they bought a year or two or three ago and now can't sell for what they paid for their house. Too bad they didn't follow that rule of thumb that says don't buy unless you're planning to stay 5-10 years. And if you want to be protected from typical downswings in the market and not have to pay out of pocket to sell, put some money down in the first place.
Those who can't refinance had poor credit in the first place and thus took a risk by taking a riskier loan type instead of waiting until their credit was better.
They got to live in house that was beyond their means for a year or two and now they get to walk away from it all with nothing more than a credit rating that's even lower.
How does the commercial go......."I want it all....and I want it now!" LOL!
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