Thursday, August 21, 2008


He's admitted that economics aren't his thing, and it appears math isn't either. McCain doesn't know how many houses they own. Obama decided to help him do the arithmetic. It's seven.

Update: While McCain is trying to count his houses, Obama is calculating how to help small homeowners.
He said that among other things he would expand the mortgage deduction beyond people who itemize their taxes.

“John McCain, with those homes, they get a mortgage deduction, up to $1 million,” he said. (The Obama plan would give a 10 percent tax credit on up to $8,000 of mortgage interest payments to households who take the standard deduction. The campaign estimates that 10 million homeowners would benefit from this proposal.)
That's a whole lot more Americans than would be helped by McCain's tax cuts for the wealthy.

[More posts daily at The Newshoggers and The Detroit News.]

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Blogger danps said...

I think you should reserve judgment until you've walked a mile in seven pairs of his $520 shoes.

1:14:00 PM  
Blogger Capt. Fogg said...

Or flown a thousand miles in his private Jet?

It wouldn't bother me except that he allowed such a fuss about that Obama living in a nice house and not knowing his place.

3:35:00 PM  
Blogger Libby Spencer said...

LOL you guys. And that's exactly it Fogg. It wouldn't be an issue except that McCain is trying to paint Obama as the elitist.

Having money has nothing to do with it. It's the attitude and the empathy that counts. Unfortunately, when you're dealing with GOPers you have to get into the muck in order to fight back.

4:11:00 PM  

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