First he was against nay help for “speculators”, a traditional yell for the Repubs.  But now he wants to help some people.  Why?  Election time is the only answer.  He is plugging for votes and if he appears to care about home owners in distress, it can only strengthen his political position.

But like his new best friend Bush the plan does little for people in real distress.  McCain did not mention how much his plan would cost, but his aides said it would help 200,000 to 400,000 homeowners. That would help more people than President Bush’s plan, but fewer than the plans put forward by Democrats.

The people that will receive assistance are the people who will need it the less.  As usual the Repubs have no concern for the millions who could lose their homes.  Any plan they come up with will benefit the corporate end of the problem and the people will just have to make do.