“Spread the Wealth,” Thinking Caused Economic Meltdown

McCain should point this out.

"Those who applaud Barack Obama’s “spread the wealth” communist blatherings ignore the fact that pity pot communists in Washington, D.C., caused the economic meltdown which has terrorized America and the entire world for several weeks.

Indeed, communists in Democrat clothing demanded that mortgage loans be approved and executed for people not qualified for home ownership. Spreading the wealth meant a concentrated effort by government to provide housing for minorities and low income people by waiving prudent underwriting rules, regardless of risk.

As it turns out, this latest example of “progressive” insanity cost American taxpayers more than a trillion dollars. "