McCain Camp Admits Palin Got Homeowner Protections Position Wrong

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First Posted: 10- 3-08 09:06 AM   |   Updated: 11- 3-08 05:12 AM

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ABC News:

Sarah Palin got her facts wrong in Thursday's debate with Joe Biden when discussing where John McCain stands on new protections for homeowners facing foreclosures.

The Alaska governor incorrectly made it sound like McCain supports giving bankruptcy judges the power to rewrite mortgage payment terms on first homes.

He doesn't.

The McCain campaign confirms to ABC News that Palin misstated McCain's position.

Read the whole story: ABC News

Sarah Palin got her facts wrong in Thursday's debate with Joe Biden when discussing where John McCain stands on new protections for homeowners facing foreclosures. The Alaska governor incorrectly mad...
Sarah Palin got her facts wrong in Thursday's debate with Joe Biden when discussing where John McCain stands on new protections for homeowners facing foreclosures. The Alaska governor incorrectly mad...
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I just hope the geezers in fl. got that palin used part of reagans speech against medicare in her final adress.That woud put them off! and be part of a great ad too.

    Favorite    Flag as abusive Posted 02:52 AM on 10/04/2008

Ooooops!Darn it! bless her black little heart.you betcha.

    Favorite    Flag as abusive Posted 02:46 AM on 10/04/2008
- jcrush I'm a Fan of jcrush 10 fans permalink
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McCain/Palin = Boris & Natasha

    Favorite    Flag as abusive Posted 02:44 AM on 10/04/2008
- jcrush I'm a Fan of jcrush 10 fans permalink
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Ahhh, Shucks!! There ya go again, Saracuddah." *wink, grin* Ya just can't seem ta keep yer facts straight.

"Well, voters, whaddaya 'xpect. Fer a couple 'o mavericky reformers like us, it's dern hard to keep yer facts straight when we're shakin' things up !!" *nod, wink, tisk, eye-roll, lick teeth* "Yep! Yer DERN right, America sherrr is tired of those politics as usual also. Dawg gonnit, Joe. Thur ya go agin, lookin' all experienced 'n smart, and makin' me sound like Jethro agin also. I mean, it's obvious I'm a Washington outsider, I mean, like, what, have I been at this like, 5 weeks? I betcha if I had me a shot gun right now, you wouldn't be over there talking so smart and too, getting all yer history facts right also. Yep, an' I put the straight talk bus and plane on ebay too. We can fit on the First Dude's Iron Dawg, 'causin he won that race up thur in Alaska, and such as. He's a champ also, doncha know."

    Favorite    Flag as abusive Posted 02:37 AM on 10/04/2008
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Palin would just keep talking and talking and going round and round. Two or three times, I forgot what the question was. After awhile of just hearing her voice.. I caught myself so board... I started imagining her naked......

    Favorite    Flag as abusive Posted 02:36 AM on 10/04/2008
- chitown8 I'm a Fan of chitown8 90 fans permalink
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This is really a slap in the face to Middle America John Mccain has to announce that he is not for helping regular folks keep there homes while filing bankrupty.

Really John?


Out of touch!

    Favorite    Flag as abusive Posted 02:22 AM on 10/04/2008

The debate was controlled by Palin. She changed the questions and answered what she wanted and Gwen was silent. ANyway, when she hosted the last VP debate before this one she was the same way.

When they came after her, the Obama camp should have gone after them so she had some protection. Maybe she would have moderated better if she did not watch her windows all day and night knowing the Repubs were watching her every moves. Oh, come on now, you know they did!

Well, its back to the greens and dirty laundry if it can be found in the mess.

    Favorite    Flag as abusive Posted 01:58 AM on 10/04/2008

betcha she's goin back to Wasilla Novermeber 5th, Doggone-it

    Favorite    Flag as abusive Posted 11:52 PM on 10/03/2008
- ladydriver I'm a Fan of ladydriver 3 fans permalink

Well, someone has to keep an eye out in case "Putin rears his head" up there. I think she needs to get back up there and do that.

Obama/Biden '08!! Yes WE Can!

    Favorite    Flag as abusive Posted 01:36 AM on 10/04/2008
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The only thing that she did during the debate was the regurgitation of points . . . and she couldn't even do that right.

    Favorite    Flag as abusive Posted 11:37 PM on 10/03/2008
- Wigelah I'm a Fan of Wigelah 5 fans permalink

Why in the world would he support that? That's a middle class issue.

    Favorite    Flag as abusive Posted 09:52 PM on 10/03/2008
- shelobo I'm a Fan of shelobo 8 fans permalink

Her Ear piece must have fell out on that one...

    Favorite    Flag as abusive Posted 09:13 PM on 10/03/2008
- DiBaskin I'm a Fan of DiBaskin 3 fans permalink

She doesn't have to get the facts straight. Her bar was so low all she had to do was give any answer she could think of for the questions. After all she is a Hockey Mom. Lucky for her she knows how to read.

    Favorite    Flag as abusive Posted 07:09 PM on 10/03/2008
- UtahLady I'm a Fan of UtahLady 6 fans permalink
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Read, and regurgitate what she memorized. I've seen no indication that she can think and reason.

    Favorite    Flag as abusive Posted 07:45 PM on 10/03/2008
- JSquercia I'm a Fan of JSquercia 3 fans permalink

What I heard yesterday was that while bankrupcy Judges can NOT modify a Primary Mortgage they can modify a Secondary mortgage . The person seemed to imply that this would mean vacation Homes would be Secondary mortgages but I don't think that is correct .
Does anyone have any information on this ? Can a Judge modify the terms f a secondary Mortgage and if so what qualifies as a secondary mortgage ? I thought that would be a Home Equity Loan

    Favorite    Flag as abusive Posted 06:44 PM on 10/03/2008
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I believe this refers to 1st & 2nd loans. Most people take out 2 loans on one property, a first and a second. The second is usually only a percentage of the first...the first covering the bulk of the value.

I think.
I'm not a mortgage person but I do live with one. And I can see a loan office from my back yard..so, ya know.

    Favorite    Flag as abusive Posted 06:51 PM on 10/03/2008
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You'll be the first to spot that mortgage loan officer rearing his/her ugly head...

    Favorite    Flag as abusive Posted 07:07 PM on 10/03/2008
- jackie2 I'm a Fan of jackie2 2 fans permalink

Nope-It really does refer to homes-For example, McCain could not receive financial assistence on his primary residence, but could for his other 9-It makes no sense, but that's actually part of the bankruptcy bill Bush got passed by the Republican congress-Another part says we can no longer declare bankruptcy due to extraordinary medical expenses-So if you just have one house or your child gets cancer or you're seriously injured in an automobile accident, tough-Btw, they said tonight on Bill Maher's show "Real Time" that we generous American taxpayers bailed out the big 3 auto makers, GM, Ford & Chrysler to the tune of 25 billion dollars last month, with little or no fanfare-This is unprecedented-What the ---- are these people doing to our country?!

    Favorite    Flag as abusive Posted 03:22 AM on 10/04/2008
- loudyk I'm a Fan of loudyk 11 fans permalink

Palin gets a lot of stuff wrong because she is dumber than a doorpost.

    Favorite    Flag as abusive Posted 06:44 PM on 10/03/2008
- EyeballKid I'm a Fan of EyeballKid 6 fans permalink
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By Monday, the McCain campaign will throw another long pass. They'll keep doing it unless they find something that sticks. Then they'll burrow in. They'll keep doing it even if their negatives continue to rise. It makes no difference.

It seems like some of these characters who are building strategies for the campaign are saying, "Hell, let's go for broke. If we don't succeed, we're going to jail anyway."

    Favorite    Flag as abusive Posted 12:22 AM on 10/04/2008

There's that dern liberal media filter again makin' everythin' she shouts out come out all twisted and stuff.

    Favorite    Flag as abusive Posted 05:49 PM on 10/03/2008
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