When I first heard this from Obama, I loved it!
http://blog.washingtonpost.com/the-trail/2008/03/27/obama_outlines_economic_plan.htmlFrom the middle of the article at this link:
But he was equally critical of Sen. John McCain, the presumptive Republican presidential nominee. On Tuesday, McCain said the subprime mortgage crisis should not result in major government intervention to bail out individuals or institutions who acted irresponsibly.
McCain's plan, Obama said, amounts to "little more than watching the crisis happen. While this is consistent with Senator McCain's determination to run for George Bush's third term, it won't help families who are suffering, and it won't lift our economy out of recession."
While Obama was speaking, McCain's campaign issued a statement from the Republican candidate in which he emphasized that he is prepared to provide assistance to roughly 4 million homeowners who are facing foreclosure and the loss of their homes because of the housing industry crisis. "I am committed to considering any and all proposals to do so," he said in the statement.