This big (can’t remember how many?) can of worms has been opened and there’s no closing it. McCain’s campaign panicked today and tried to throw everything, including the kitchen sink, back at Barack Obama.
Unfortunately for the McCain Campaign all they have done is opened yet another can of worms after another bigger can of worms. And what’s worse, as Howard Fineman put it, their knee-jerk responses are only trivializing McCain’s POW past. Even one fellow POW believes McCain is doing a great disservice to all POW’s by exploiting his service for political gain. But I digress.
What’s at issue here is the McCain’s inherited wealth and how that will influence his policies as President. McCain has already flipped flopped on tax cuts for the wealthy, proposed an economic tax plan giving billions to corporations, and what’s worse is McCain has previously brushed aside the concerns of the economy while his economic advisor called Americans a bunch of whiners.
As duly noted, the topic of a candidates wealth was made into a very large issue in 2004 against John and Teresa Kerry. John was teased for windsurfing while Teresa was battered for months to disclose her financial records, which she finally did.
So, if the Republicans believed it be such an important issue in 2004 and John is willing to throw his wife under the bus then it’s time to ask the next question.
Where are Cindy McCain’s financial disclosures?
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Sen.Barack Obama(D-Ill.)
As a community organizer-turned-law professor-turned-state senator-turned U.S. senator, the bulk of Obama’s wealth has come only in the past few years, with the huge success of his second book, ” The Audacity of Hope.”
Net worth: $1-$2.5 million*
Details: In January 2005, Obama agreed to a $1.9 million advance from Random House for two non-ficton books and a children’s book, of which $200,000 is being donated to charity. One of those books — “The Audacity of Hope” — has been a huge best seller since being released in October. He owns a home worth at least $1.6 million in Chicago.
*His wealth is likely to have increased because of the huge success of “The Audacity of Hope”
Sen.John McCain(R-Ariz.)
Net worth: $25-$38 million
Details: McCain and his wife Cindy have substantial real estate holdings in Arizona — including 8 homes worth more than $8 million, and land worth between $1.5 million and $3 million.
Most of the wealth comes from Cindy, who has more than $20 million in stock ownership in a beer distributor, Hensley & Co., which her father founded. McCain has written three books, none of which were very popular.
That limousine riding cappuccino riding maverick!