Cindy and John McCain--JUST Like You and Me!

Cindy’s fortune: An asset and a liability
By: Kenneth P. Vogel July 3, 2008

In 2004, Republicans demanded fuller disclosure about the considerable fortune of Teresa Heinz Kerry, wife of Democratic presidential candidate John Kerry.

Now, the GOP is reaping what it sowed.

While Cindy McCain, her dependent children and the trusts and companies they control made as much as $29 million — and likely substantially more — from her family’s business interests from 2004 through last year, data from the Internal Revenue Service, the U.S. Senate, the U.S. Office of Government Ethics and the Center for Responsive Politics also reveals that they spent $11 million purchasing five condominiums for the family, hired additional household help and racked up progressively larger credit card bills almost every year.

Their credit card bills peaked between January 2007 and May 2008, during which time Cindy McCain charged as much as $500,000 in a single month on one American Express card and $250,000 on another, while one of their two dependent children had an AmEx card with a monthly balance as large as $50,000.

The McCains each have a Black Centurion AmEx Card . The Centurion Card (how appropriate for McCain)has an annual fee of $2,500, a one-time $5,000 initiation fee for the first year, and is only offered to people who spend at least $250,000 a year on the card. Yes, the McCain's spend at least $250,000 a year on their card, and I don't think it's because they can't afford to pay cash at the time.

“It has been the McCains’ practice and procedure, as previously indicated, to pay off the balance of credit cards on a monthly basis, so they do not carry credit card debt,” the aide said in a statement.

The affluent lifestyle and free-spending habits of the McCain clan.

UPDATE: July 31, 2008

McCain's $520 loafers put 'elitist' shoe on the other foot
McCain has worn a pair of $520 black leather Ferragamo shoes on every recent campaign stop — from a news conference with the Dalai Lama to a supermarket visit in Bethlehem, PA. I wonder if McCAin think these are now his "Lucky" shoes?

Michelle Obama onde told Access Hollywood during a family interview that Obama was wearing ten year old pants and a worn-out belt and hurriedly adding, "Don't pan down to the shoes -- because we've talked about getting new shoes for him."

Who's the Elitist Bitch now?