John McCains "New" Economic Plan Became Law Months Ago

He touts his ideas as new but it was actually signed into law months ago. The difference is though is that McCain wanted taxpayers to pay for his New already law plan. The current law already does what he wants, it helps home owners renegotiate their loans. They just have not started doing yet. More provisions for that same law were added during the last bailout as well.



McCains idea is not new and is already available. Difference was he wanted to seem like he had a plan. Even his too late already law plan was wrong, it had taxpayers paying for it instead of the banks eating the loss. So he came up with something that was even worse than what we have. It also highlights McCain and his priorities. We have a law the banks take most of the hit, McCain would have taxpayer pay.

Can he contradict himself any more than he has? Is it possible? I guess we will see.



But yeah McCains plan, Not new. Except for the taxpayer paying for it part.