In an interesting peek into John McCain's personal finances, it turns out that John and Cindy McCain -- in spite of their personal wealth -- are carrying well over $100,000 in credit card debt.
The Hill took a look at the latest Senate financial disclosure forms and found that a joint card held by the two has between $10,000 and $15,000 in charges, while a card that is solely in Cindy's name has between $100,000 and $250,000 in debt. Another card for a dependent child has between $15,000 and $50,000 in charges.
This is despite Cindy McCain having sold a property in California for a profit of more than $1 million.
Barack Obama, who has become wealthy in recent years thanks to book royalties, did not report any financial liabilities.
This kind of stupidity does give one pause.
13 June 2008
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