Republican John McCain says the government isn't in the business of saving and rewarding banks or small borrowers who behave irresponsibly.
McCain made the remarks in California, one of several stops along his weeklong western fund-raising swing.
However, the all-but-certain presidential nominee offered few immediate alternatives to fixing the growing housing crisis. McCain says he is willing to "consider any and all proposals based on their cost and benefits."
A statement from Democratic Party Chairman Howard Dean says McCain isn't offering a plan "to address the crisis at all levels."
The housing turmoil has troubled Wall Street and is dominating the presidential race as the nation faces an economic downturn. The Federal Reserve has already taken steps to intervene.
KKTV firmly believes in freedom of speech for all and we are happy to provide this forum for the community to share opinions and facts. We ask that commenters keep it clean, keep it truthful, stay on topic and be responsible. Comments left here do not necessarily represent the viewpoint of KKTV 11 News.
If you believe that any of the comments on our site are inappropriate or offensive, please tell us by clicking “Report Abuse” and answering the questions that follow. We will review any reported comments promptly.powered by Disqus
Viewers with disabilities can get assistance accessing this station's FCC Public Inspection File by contacting the station with the information listed below. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, 888-835-5322 (TTY), or firstname.lastname@example.org.