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Politics : Politics for Pros- moderated

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From: Paul Smith	3/26/2008 7:13:57 AM
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McCain: Refusing to Pander Filed under: 2008 Election — Patterico @ 12:02 am John McCain on the housing crisis: Earlier Tuesday, McCain scolded “complacent” home lenders, but eschewed the interventionist approach to the housing crisis proposed by his Democratic opponents, Sens. Hillary Rodham Clinton of New York and Barack Obama of Illinois. McCain told reporters that Clinton’s $30-billion plan to aid homeowners and communities threatened by foreclosures sounded “very expensive,” and said he’d “like to know how it’s paid for.” In a speech, McCain said he was “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.” Well said. patterico.com

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