Friday, July 04, 2008

Meghan is the trendiest, Cindy is the spendiest...

By Libby Spencer

With all the endless media chatter about elitist Democrats, how refreshing to find someone willing to take a shot at the spendy McCains. Surprisingly, the Politico undertook a story on the financial privilege our humble war hero, man of the people, John McCain enjoys having made his fortune the easy way. By marrying money.

You won't see this hyped by the teevee talking heads that endlessly pondered how John Edwards could possibly understand poverty when he owns one big house, but if Edwards or Obama's single mini-mansions are the criteria for being out of touch, then the McCains aren't even on the same planet as the rest of us lowly hoi polloi.

In the last four years, his lovely wife Cindy spent nearly $11 million on five condos, one of which was a $700,000, 1,900-square foot, three-bedroom loft for new college grad, daughter Meghan, proprietor of the McCain Blogette. A graduation gift I expect. This in addtion to their other properties.

Through her trusts and other corporate entities, Cindy McCain also owns another three properties: a scenic ranch outside Sedona, Ariz., where John McCain has entertained staff, prospective running mates and political reporters; a three-bedroom Arlington, Va., condo that’s been John McCain’s Washington-area residence since 1993 and the La Jolla, Calif., condo on which the back taxes were due.

Just your typical all 'Merican family. I know I find it a chore to decide which of my eight residences I'm going to visit this month. And gee, doesn't everybody's wife charge $750,000 a month on their credit card? And give their daughter a $50,000 line of credit a month? Just regular folks all right.

But they are doing their part in helping with unemployment...

The McCains increased their budget for household employees from $184,000 in 2006 to $273,000 in 2007, according to John McCain’s tax returns.

The additional cash supports an “increase in the number of employees,” said the McCain aide, who did not say whether the growing staff stemmed from the addition of new properties to the family’s real estate portfolio.

Well no wonder the media portrays McCain as so in touch with the people. How could he possibly live among that many servants and not understand the working class?

[For those of you who aren't blessed with a preschooler in your life, the title of this post is a play on the lyrics of my favorite Noggin video, "Everywhere I Go."]

(Cross-posted at The Impolitic.)

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