Las Vegas Sun

November 28, 2014

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2008 Elections

John McCain on Foreclosures

 

McCain along with other Republican Presidential candidates has been silent about the subprime mortgage crisis, but within the week of Dec. 17, 2007, McCain has opened up about economic issues in general and especially the subprime mortgage crisis, citing increasing numbers of voters voicing concerns about home foreclosures.

 

As reported in The New York Times on Dec. 19, 2007, McCain said he would think about stepping up government action if the current solution didn't work out. And a News-Press article reported that at a December campaign stop in Fort Meyers, Fla. McCain made mention of the rising rate of foreclosures as well. Without revealing details about his plan, McCain said he would aid those that can't make their payments and stop rewarding those "speculators."

 

News-Press.com — Dec. 17, 2007, story on McCain visit to Fort Myers, Fla., says "he wants to curb the rising foreclosures nationwide."

 

New York Times — McCain Sees a Need for Mortgage Aid (Dec. 19, 2007)

 

— Las Vegas Sun intern Jenna Kohler compiled this report.

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