McCain's Housing Plan

Malkin is livid:

He spent the entire debate assailing massive government spending while his featured proposal of the night was to heap on more massive government spending to pursue home ownership/retention at all costs. If Obama had proposed this, the Right would be screaming bloody murder about this socialist grab to have the Treasury Department renegotiate individual home loans and become chief principal write-down agents for the nation.

Pethokoukis wishes that McCain had rolled out the plan as an alternative when the bailout was being debated.