McCrazy just sucked up a load of helium and blamed Dodd and Frank for the mortgage crisis.

I think it's time to kick this Keating Five Motherfucker to the curb.

I've noticed this trend on boards already. It's kind of funny, I can always tell when there's been a new target of their Two Minute Hate because it gets repeated verbatim everywhere, all by people who claim to not be dittoheads. lol.

Just more erratic behavior by an insane old man.

"The Guy Who Bankrupted the World" ?

was basically, if elected, will you hold those responsible to account for what they've done to our economy?

No mention of Gramm.

You can't change your attacks every day and expect people to take you seriously.

while McCain supported.....Bush and his financial cronies.

Hey, McCain, this crisis would have been averted by 2005 except for thugs like you protecting BushInc. But your loyalty to Bush was in exchange for YOUR chance to be president in 2008 and THAT was YOUR idea of patriotism and fairness to the consumer, eh?


THE 2004 CAMPAIGN: THE DEMOCRATIC PLATFORM; Kerry Sees Credit Card Abuses, And Promises Steps to End Them

By LOUIS UCHITELLE
Published: August 27, 2004

Senator John Kerry added a plank to his platform yesterday, promising to push for legislation that would curb what his campaign describes as abusive practices in credit card and mortgage lending.

The proposals coincided with the announcement of new Census Bureau data showing that family and household income, adjusted for inflation, had fallen over the first three years of the Bush administration. The decline came as consumer debt rose, and the new plank promised relief for wage earners in straitened circumstances.

''Abusive lending practices can take a huge bite out of the incomes of families who are working and can barely pay their credit card bills,'' Robert Gordon, Mr. Kerry's director of domestic policy, said.

Companies that issue credit cards, mainly banks, often double the interest rates if a cardholder is late with a monthly payment or the holder's creditworthiness is challenged. Mr. Kerry would require notice before each rate increase and limit the increase to a few percentage points.

''There is no proportionality now in these increases,'' Gene Sperling, an economic adviser to Mr. Kerry, said. ''They can go from 8 to 28 percent.''

A Kerry administration ''would ask Congress to legislate standards and to direct the Federal Trade Commission and bank regulators to impose regulations consistent with those standards,'' Mr. Sperling said. Much of this would be achieved through amendments to the Truth in Lending Act, he and Mr. Gordon said.

Credit card lenders would also be required to disclose, in prominent type on bills, how long it would take to pay off a debt, and the cost in interest if the card holder made only minimum monthly payments.

A California law imposed this standard, but credit card issuers challenged it in court in 2002, and the Bush administration's Office of the Comptroller of the Currency sided with the issuers. The comptroller argued that only federal regulators could impose such a restriction on nationally chartered banks and that his office did not plan to do so. The state lost the case.

Mr. Gordon said that some minimum payments were so low that they barely kept up with interest costs or fell behind them, in which case the balance could never be repaid.

Other changes proposed by the Kerry campaign would require lenders to forgo penalty charges when they allowed card holders to go beyond their borrowing caps. A cardholder with a $5,000 credit limit, for example, can face a penalty for reaching $5,200 even if the card company approved the charge that put the total over $5,000.

Mr. Kerry's principal mortgage proposal would prohibit lenders from using balloon mortgages in most subprime loans, which often go to low-income people at higher rates.

The American people are only so concerned about who may or may not be to blame for the current crisis. Who was responsible is not important, it's what the candidates intend to do to fix it that is the big issue. Obama's been on messge about this all along, McCain is all over the place when he even bothers to talk about what he plans to do.

that she no longer gets a commission or that her customers are all pissed that she put them in a house that was more than they could afford! She wants NAMES dammit!!! And what did he say, My friends...you will KNOW THEIR NAMES!!!!

Muah ha ha ha ha!

Damn repukes...

That's why I would tend to believe the rumors he plans to quit the Senate. There's a code of behavior there and a camaraderie that they're used to operating under.

Hmm, so maybe he won't leave. But I just can't imagine going back after behaving that way towards fellow Senators.

continue holding the seat down.

I suspect they will respond the remarks of their "good friend."