I don’t see how anybody could deny that John McCain is a straight-talker. The country is terrified of economic collapse and he’s been sounding like Mr. Potter, the banker in “It’s a Wonderful Life.” You can’t get more forthright than that.
The theme for his mortgage speech this week was basically McCain to Homeowners: Drop Dead. It was, he said sternly, “not the duty of the government to bail out and reward those who act irresponsibly.” The good news, he noted, was that out of 80 million American homeowners, only 4 million are in the tank, while everybody else is “working a second job, skipping a vacation and managing their budgets” the way Countrywide Financial intended them to.
He did, however, leave the door open for some vague, amorphous, undefined aid to good homeowners, as opposed to irresponsible ones who ... did something irresponsible. Like taking that vacation.
McCain then suggested that the federal government ought to do something about getting regulations off the back of the financial markets and concluded with a call to reduce the corporate tax rate. It was not exactly a rallying cry for the masses.
But give the man credit for telling it like he thinks it is. So far, he’s only alienated the homeowners, retirees and vacation-takers. http://www.nytimes.com/2008/03/29/opinion/29collins.html?em&ex=1207022400&en=4b3f710fa7c7d045&ei=5087%0A