McCain proposes bailout for homeowners

The Politico | Oct. 7, 2008 (News Report)

Here are details of the plan Sen. John McCain (R-Ariz.) announced during Tuesday night's presidential debate to keep families in their homes, avoid foreclosures, save failing neighborhoods, stabilize the housing market and attack the roots of our financial crisis. Full Story »

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by Tim Nugent - Oct. 8, 2008

I'm no economist but how do tax payers keep paying enough taxes for these bailouts, two wars, and still run our governments (national, state and local)? And why do folks still call us a capitalist system when clearly we are being panicked socialists. I prefer honest socialism to our dishonesty about our economics.