HERE'S HOW MUCH YOU CAN BELIEVE JOHN McCAIN

In a stump speech today in Albuquerque, New Mexico, John McCain said this about Barack Obama:

"As recently as September of last year he said that sub prime loans had been, quote, 'a good idea' - to hear him talk now, you’d think he’d always opposed the dangerous practices at these institutions. But there is absolutely nothing in his record to suggest he did. Nothing, zero, zippo, nada."

And here's Obama's ACTUAL QUOTE from September 2007:

And we cannot help but see some reflections of these practices when we look at the subprime mortgage fiasco today.

Subprime lending started off as a good idea – helping Americans buy homes who couldn't previously afford to...

Most everyone knew that some of these deals were just too good to be true, but all that money flowing in made it tempting to look the other way and ignore the unscrupulous practice of some bad actors.

In the very same speech, Obama also warns of the deregulation problem that we're seeing today:

In recent years, we have seen a dangerous erosion of the rules and principles that have allowed our market to work and our economy to thrive. Instead of thinking about what's good for America or what's good for business, a mentality has crept into certain corners of Washington and the business world that says, "what's good for me is good enough."

I would encourage anyone who'd like to judge Obama's words accordingly to read the entire speech HERE. It's quite an "eye opener" into the mind of a smart man who's grasp of the economy dominates McCain's simplistic "cut taxes, lower spending" mantra.

In addition, there's hardly "Nothing, zero, zippo, nada" in Obama's record regarding the dangerous nature of sub prime lending. Take this letter from Obama to Chairman Bernanke and Secretary Paulson in March of 2007 which warned of "a potential coming wave of foreclosures." In addition, he stated:

Rampant foreclosures are in nobody’s interest, and I believe this is a case where all responsible industry players can share the objective of eliminating deceptive or abusive practices, preserving homeownership, and stabilizing housing markets.

You can read more about McCain and his lies HERE. It seems pretty clear that "Old Johnny McCain" really wants the White House, and he's willing to lie, cheat, and steal in an attempt to get it done.