McCain, wife owed $225,000 in credit card debt

[MrsCat 6]

that's if you pay it off - however if something is termed debt that insinuates that there are balances being carried.

Matters not to me - why shouldn't they live with creditors calling the house like the rest of us?

[Mr. Big Dog 10,747]

I would rather trust someone with the ability to have that kind of wealth than someone with no real history at all.

The McCain's wealth has less to do with ability and more to do with inheritance and marriage.

[웃 910]

Since the McCain's refuse to disclose their federal tax returns, unlike most all recent serious presidential candidates, we can't really know too much about their situation, except that apparently they are quite rich.

I don't know where you have been lately but the McCain's released their tax returns. I think they can afford to pay their credit card bill!

Cindy's annual income for 2006 was more than $6 million, including $4.5 million from "rental real estate, royalties, partnerships, S corporations, [or] trusts" plus over $1 million in capital gains and dividends.

Cindy McCain's latest tax return

Edited June 16, 2008 by thegreatgate

[Joe & Sonia 0]

Bozo, are you so dense as not to be able to find an aappropriate forum on the internet to post your babbling?

Senators John McCain and Barack Obama released their Senate financial disclosure statements on Friday, revealing that Mr. McCain and his wife had at least $225,000 in credit card debt and that Mr. Obama and his wife had put more than $200,000 into college funds for their daughters.

The bulk of the McCains’ obligations stemmed from a pair of American Express credit cards that are held in Cindy McCain’s name. According to the disclosure reports, which present information on debts in a range rather than providing a precise figure, Mrs. McCain owed $100,000 to $250,000 on each card.

Another charge card, held by what was described as a “dependent child,” had also accumulated debts of $15,000 to $50,000. In addition, a credit card held jointly by the couple was carrying $10,000 to $15,000 in debt, the filing indicated, at a stiff 25.99 percent interest rate.

http://www.msnbc.msn.com/id/25154267/

[Trumplestiltskin 5,791]

Bozo, are you so dense as not to be able to find an aappropriate forum on the internet to post your babbling?

Senators John McCain and Barack Obama released their Senate financial disclosure statements on Friday, revealing that Mr. McCain and his wife had at least $225,000 in credit card debt and that Mr. Obama and his wife had put more than $200,000 into college funds for their daughters.

The bulk of the McCains’ obligations stemmed from a pair of American Express credit cards that are held in Cindy McCain’s name. According to the disclosure reports, which present information on debts in a range rather than providing a precise figure, Mrs. McCain owed $100,000 to $250,000 on each card.

Another charge card, held by what was described as a “dependent child,” had also accumulated debts of $15,000 to $50,000. In addition, a credit card held jointly by the couple was carrying $10,000 to $15,000 in debt, the filing indicated, at a stiff 25.99 percent interest rate.

http://www.msnbc.msn.com/id/25154267/

I've a shrewd guess that Nana didn't write the story for MSNBC

[mendeleev 67]

Since the McCain's refuse to disclose their federal tax returns, unlike most all recent serious presidential candidates, we can't really know too much about their situation, except that apparently they are quite rich.

I don't know where you have been lately but the McCain's released their tax returns. I think they can afford to pay their credit card bill!

Cindy's annual income for 2006 was more than $6 million, including $4.5 million from "rental real estate, royalties, partnerships, S corporations, [or] trusts" plus over $1 million in capital gains and dividends.

Cindy McCain's latest tax return

My bad. Working too much. Didn't know she'd finally given in. If I had 5% of annual income owed to a credit card company, I'd be nervous. Maybe that's why I'm not a Republican running for president. Don't like all that debt.