Check out this story on John McCain's Arizona mansion that he offloaded in 2006 - now some flipper wants 400% more! Ha ha ha hahaha ha ha!

Yeah, good luck with that. Stupid flipper paid McCain $3.75 million in 2006, and now the flipper wants $12 million? Try $500,000! Something smells fishy. Maybe they're betting he'll be prez, but more likely they'll be bankrupt and he'll be planning his retirement.

Or maybe they're looking for yet another cash-back stated income straw buyer mortgage fraudster in McCain's backyard?

John McCain - Unfit to Lead. (And there's still time for the GOP to dump the guy and give us someone credible)

Damn, this campaign cycle is QUICK. Here's Obama's attack ad on McCain and his seven houses

Well I guess the good news is that McCain probably lost a few million in the housing crash, especially on his crashing Arizona real estate holdings.

Not that he'd notice a million or two... being an elitist pig and all...

Anyone else get the impression this election is gonna be about one thing and one thing only...

HOUSING

HousingPANIC Stupid Question of the Day

Why do people drive all over town to save 2 cents on a gallon of gas, but they pay 6% (or thousands and thousands and thousands and thousands of dollars) to a real estate clerk for a few hours work without even thinking about it?

John McCain forgets how many houses he owns. And he calls his opponent an elite? Give me a break.

If McCain, who's loaded and has lived a life of luxury, can convince the American people that his self-made opponent who grew up on food stamps is an elitist by comparison, then yes, the American voter is truly dumb, and will believe anything.

I don't think he'll get away with it though. I have faith in America on this one.

Sen. John McCain (R-Ariz.) said in an interview Wednesday that he was uncertain how many houses he and his wife, Cindy, own.

"I think - I'll have my staff get to you," McCain told us in Las Cruces, N.M. "It's condominiums where - I'll have them get to you."

The correct answer is at least four, located in Arizona, California and Virginia, according to his staff. Newsweek estimated this summer that the couple owns at least seven properties.

In recent weeks, Democrats have stepped up their effort to caricature McCain as living an outlandishly rich lifestyle – a bit of payback to the GOP for portraying Sen. Barack Obama (D-Ill.) as an elitist, and for turning the spotlight in 2004 on the five homes owned by Sen. John F. Kerry (D-Mass.) and his wife, Teresa Heinz Kerry.

Here's to the Bubble Man, the disgraced and discredited Alan Greenspan

History will not be kind...

FLASH: Fannie Mae and Freddie Mac Will Fail. (Oops, we wrote that three years ago. But here's the latest on Fannie and Freddie failing...)

First they ignore you,
then they laugh at you,
then they fight you,
then you win.

P.S. Hey, America, ya got another trillion or so to bail out the lobbyist-and-executive-bonus-fueled, corruption-enabled, mortgage-fraud-powered debacle at Fannie and Freddie? I mean, who needed kids to be educated? Who needed new bridges and roads? Who needed food for the poor? Who needed health care? Who needed jobs? Who needed retirements?

Silly Americans.

WAKE UP AMERICA!!! Vote 'em all out. Every REIC corrupted pig in DC who let this happen. Democrat. Republican. It doesn't matter.

And think about what the trillion-plus for Fannie and Freddie, and the trillion-plus for the Iraq Debacle could have done for America.

Fannie and Freddie shares hit 18-year low

NEW YORK (Reuters) - Shares of Fannie Mae (NYSE:FNM - News) and Freddie Mac (NYSE:FRE - News) dove to their lowest levels in more than 18 years on mounting fears of a government bailout that would wipe out shareholders of the two U.S. housing finance giants.

The two federally chartered companies own or guarantee almost half of all outstanding U.S. mortgages. The government is relying heavily on them to step up mortgage purchases and help stabilize the worst U.S. housing market since the Great Depression.