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McCain’s MansionsPosted on Aug 20, 2008
Courtesy of the Brave New Films team, here we have a property-by-property breakdown of John McCain’s many fancy domiciles, which provide ironic contrast to footage of the presumptive Republican nominee holding forth about how Americans with mortgage troubles can just scrimp ‘n’ save their way back to solvency. YouTube: Advertisement Elsewhere: . CommentsAre you a Truthdig member yet? Login now, or register with Truthdig. Add Your Comment
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A Progressive Journal of News and Opinion. Editor, Robert Scheer. Publisher, Zuade Kaufman.
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By Frank Cajon, August 22, 2008 at 8:10 pm #
Of course, McPain knows how many houses he and to use his word, his ‘c*nt’ wife own, but he has been told not to go on the record with the facts about it, since he is, yet another on the heels of the Chancellor and Cheney, megamillionaire GOP elitist in the pockets of the fascists who stand to gain most by the status quo in this country defined by the current Bush/Cheney dictatorship/cabal. So, while you have to have a staff member lie to you about how many mansions, he promises to reduce taxes (for the aristocracy) while pouring more dead presidents into the arms dealers and private contractors that hijacked our economy while what little remains of the American middle class evaporates, unable to keep or buy even one house. The disgusting part? The lemming American voters will put the bastard in office, just like they did the Chancellor in 2004, because they are afraid of men of color and listen to AM radio and Fascist Noise Network on TV. The Democrats? They are busy giving turning their convention into Hillbilly Clinton Redux instead of telling Americans that McPain is the death of their fading dream.
Report thisBy noscetepsum_, August 22, 2008 at 5:12 pm #
It takes money, contacts, willinglness to abandon ethic, cut throat nature, and total detachment from reality—glittering words like “desire” and “willpower” fail miserably to outline a president’s qualifications. I would rather vote for my chihuaha right now than Obama or McCain. I am also well aware of the amounts of money McCain must have, but he will tell you he grew up rough and dated hardcore chicks when he was in his younger days. I read his autobiography several years ago, and one anecdote that sticks out in my mind involves bringing a low class girl “home to mom” for dinner and her cleaning her fingernails with a switchblade knife…seriously. A switchblade.
Report thisBy Dr. Knowitall, PhD, PhD, August 22, 2008 at 2:25 pm #
Fred, you talked around my points completely.
Also, check this out:
http://www.warresisters.org/pages/piechart.htm
Report thisBy surfnerd, August 22, 2008 at 10:28 am #
If you don’t think that you can’t be president of this country then, once again that is your fault. You have as much chance as anyone else. Apparently if Obama can do it then anyone can, because that is what he is touting in his campaign. Seems like you have let people tell you can’t do it and you have listened to them.
You just don’t have the drive and desire. Stop blaming others for your failures and missteps.
So basically you want to squelch free speech by limiting what a candidate can or can not say? Wow, so much for free speech. Well, I guess it is free as long as it only goes along with what you believe.
And there are classes and majors for this type of thing in college. One is Political Science and the other is Marketing.
I think the only two things that should be required to run for president is that you have some basic understanding of Economics, which as McCain said he does not and that you are not a lawyer. That in an of itself would wipe out most of the potential candidates in congress.
But from what I am gathering on the posting(s) most people seem to take issue with someone being successful and are jealous of what others have. And instead of going out and accomplishing something and doing it yourself you want someone just to give it to you.
Cheers and hope you find your way, life is a blank canvas all you have to do is create your masterpiece.
Fred
Report thisBy Dr. Knowitall, PhD, PhD, August 22, 2008 at 8:35 am #
reply to surfnerd:
Allow me to point out what I see as an irony. I think the point Obama is trying to make is not that there’s something wrong with owning several houses but that McCain owns so many, he can’t remember the number while many of the citizens in the country he’s trying to lead are about to lose the only one they daily struggle to keep. It think that’s the point.
To go even further, I think a system is a seriously flawed one if it has evolved to a point where the only people able to have a shot at being president are those who have the means to buy one or more houses valued at a million plus. As if that weren’t enough, those of us without a fair shot at being president are being swallowed up or manipulated by this long-running circus into ignoring our own plight and/or into caring about which of them owns what, thanks largely to MSM.
One more thing, we should all remember McCain’s involvement in Keating Five in which many Americans were, and continue to be, victimized by lending schemes. As long as his name is associated with that middle class tragedy, I feel I have a right to resent his owning even one million-dollar house.
And lastly, we could stop this bullshit by making it illegal for one candidate to say anything at all about another. Tell us what you believe, what you think the real issues are and how you plan to fix them. Don’t tell us how to think about the other candidate; we’re smart enough to figure that out on our own. Make it concise, though, because you only have a couple weeks to get your message out.
What we fail to understand is how difficult it might be, in reality, for any of our politicians to “be in touch” with middle- and underclass Americans.
I expect to soon see a degree in Campaigning at the Wharton Business School.
Sorry, rambliing, will do better next time.
Report thisBy Fadel Abdallah, August 22, 2008 at 1:48 am #
This is the latest bad joke from the circus of American democracy!
Well, it doesnt surprise me that a greedy capitalist and warmonger owns 4-7 mansions, plus one-million dollars garage and only an omni-scientist God knows what else! After all, this is what capitalism is all about: Worshiping the idol of money, wealth and power, and seeking high office to multiply that and secure it!
What really bothers me and makes me restless is that this irrelevant and senile soul does not even remember how many houses he owns to the point that he wants to refer the person who asked the question to his staff!
Well the serious question is this: If this old senile shadow-of-man cannot remember the count of his personal property ranging between 4-7, then how is he going to be able to count and account for the millions of disadvantaged Americans who cannot make ends meet?! In light of this, how he is going to count and account for the thousands of Americans he wants to send to his endless evil wars hes planning to conduct against the invisible Al-Qaeda, Iran, Afghanistan and possibly the Soviet Union.
Well, its easy for this coward war-monger to cheaply talk about the non-existent Osama Bin Laden he wants to follow to the gates of Hell, as long as he will be sending the poor and disadvantaged Americans to be burned in the Fires of his Hell Quest?!
Sad! Sad! Sad! Possibly the solution is in some form of benevolent socialism!
Report thisBy surfnerd, August 21, 2008 at 8:38 pm #
No one held a gun to anyone’s head or created duress to make anyone sign the loan papers. If the loan documents were read, like they should have been this would have not happened. Obviously there were people on the loan side who were trying to make a buck and there were buyers trying to profit by buying houses that were above their means so they could flip the houses. If there was true fraud and I am sure there was some then prosecute those who did the fraud but it is on both sides. Those who lied about their income and fudged their numbers as just as guilty.
Everyone wants to blame the “Corporations” but no one points the finger at the people who signed the papers knowing full well that their salary did not quite cover what they were trying to purchase and that is no ones fault but their own.
A teaser rate is just that and if you can not figure that out the that is your problem.
Take responsibility for your actions.
Report thisBy P. T., August 21, 2008 at 6:57 pm #
The predatory lenders were advising borrowers not to worry about interest rates. The lenders would say that housing prices would continue rising, and borrowers could then refinance or sell their homes at a profit. However, the housing bubble burst.
After all, John McCain was one of the Keating Five.
Report thisBy surfnerd, August 21, 2008 at 6:04 pm #
I’m not sure who the Republicans are on here posting or for that matter who the Democrats are. I don’t see much whining going on other than from the people complaining that they want someone to cover ror their mistakes.
This does not shatter anything. They are both name calling and throwing cheap shots, just like you are with calling someone a whining Republican just because they don’t agree with your point of view. Generally when someone does not have a valid argument they resort to name calling or labeling because they have no other recourse.
The point is that a video was put out by the Obama campaign saying that McCain could not remember or even did not know how many houses he owned. The point is that, so what, who cares how many houses he owns. He has what he has. He owns what he owns and so do you and everyone else here. Get over it. Make your own way, be successful in your own way, be it with money, fame, charity, whatever. Stop worrying what other people have and worry about your life and responsibility.
Report thisBy Jeff, August 21, 2008 at 5:38 pm #
(Unregistered commenter)
In re-reading your comment Knute, I see that the insertion of “corporate” before welfare state changes the meaning a bit
. Not the way I read it the first time. That makes more sense.
Report thisBy Erik Rauss, August 21, 2008 at 3:58 pm #
(Unregistered commenter)
All of you Republican whiners are missing the point.
Report thisThe point is that McCain has been spending the entire summer attacking Obama as an out-of-touch elitist. Yet it is McCain who doesn’t even know how many houses he owns. No one cares how many houses he owns. The issue is that it is really John McCain who is the elitist. It totally shatters the entire narrative McCain has spent all summer creating.
By surfnerd, August 21, 2008 at 3:40 pm #
Oh, and another note, Nancy Pelosi, Speaker of the United States House of Representatives, as of 2006, took $104,200 in contributions from the Real Estate industry her number one industry contributor or lobbyist depending on how you want to spin it. Also her top cash contribution, $17,000, came from Occidental Petroleum. Wow, two evil sectors!
Cheers,
Fred
Report thisBy surfnerd, August 21, 2008 at 3:32 pm #
In regards to the homes McCain owns, at least two are his wife’s or came from his wife’s side of the family. Her dad, started his own business and became successful and wealthy and she now owns two of those homes.
Not that any of this should have to be justified since the fact that anyone that owns a house has one more house than anyone who rents. So is that unfair?
That I am buying a house or that someone else that commented on this blog owns or is buying a house is not entitled to it because another person can’t afford one is absurd. Because someone has more money than another person does not mean you are out of touch with what is going on. If that were the case then some of you most beloved Democrats (Obama, Roosevelt, Kennedy, etc.) and Republicans should not be running for office and should not be representing you.
Cheers,
Fred
Report thisBy surfnerd, August 21, 2008 at 3:14 pm #
Why did the interest rate go up? I am assuming it went up because they had an ARM. I am also assuming that this person is not stupid. So if you have an ARM or some other adjustable rate that you knew would increase at some point and you read the contract you signed, then you are the one responsible for your interest rate being so high you can not afford it.
When are people going to start taking responsibility for their own actions and decisions? Owning a house is not a guaranteed right.
Oh and by the way, as of 2006, these are your top wealthiest politicians:
Senate:
1 John Kerry (D-Mass)
2 Herb Kohl (D-Wis)
3 Edward M. Kennedy (D-Mass)
4 Jay Rockefeller (D-WVa)
5 Dianne Feinstein (D-Calif)
6 Frank R. Lautenberg (D-NJ)
7 Elizabeth Dole (R-NC)
8 John McCain (R-Ariz)
9 Hillary Clinton (D-NY)
10 Lamar Alexander (R-Tenn)
House:
1 Jane Harman (D-Calif)
2 Darrell Issa (R-Calif)
3 Vernon Buchanan (R-Fla)
4 Robin Hayes (R-NC)
5 Charles H. Taylor (R-NC)
6 Rodney Frelinghuysen (R-NJ)
7 Michael McCaul (R-Texas)
8 Nita M. Lowey (D-NY)
9 Nancy Pelosi (D-Calif)
10 Tom Petri (R-Wis)
Gee, I wonder how many houses they own? Maybe one maybe multiple, but does it matter? It is just another way of either investing your money, spending your money or creating a tax shelter. Unless what this whole argument is boiling down to is people being upset at other people’s success.
Cheers,
Fred
Report thisBy knute, August 21, 2008 at 2:02 pm #
(Unregistered commenter)
re: Jeff’s comment below
Report thisThe point I was trying to make wasn’t a condemnation that he owns numerous homes…it was the complete lack of empathy for the middle class that is prevelant amongst most in his tax bracket that allowed him to vote for the changes pushed by the banks that have, at the behest of Phil Graham ( his former economic campaign adviser )mutiplied the forclosure rates signigantly. We don’t need another president in the mold of the Bu$h family that couldn’t care less for whats happening to so many americans. We need, finally, an individual who can understand that the banking and insurance industry must once again be regulated. The banks are borrowing there money at what 2% now, and if you miss one payment on a credit card can crank it up to 22 - 24% ?...That used to be called loan sharking didn’t it ? That has come about because of congressmen like McCain who gave the banking lobby what they wanted. Unfortunately, theres a healthy amount of blame to go around amongst the hapless democrats as well. But atleast they are talking as if they care about solutions that benefit the people occasionally . You don’t hear any solutions out of the republican camp that dosen’t just make the rich richer and ignore the middle class & poor altogether. Haven’t we gone down that road long enough ? What do you mean McCain is trying to limit the corporate welfare state ? Seems he’s been and intends to continue to give them everything they want.
By SERE GUY, August 21, 2008 at 12:42 pm #
Don’t you wish you could just go to Mr. Rezko for help.
Report thisBy cyrena, August 21, 2008 at 12:39 pm #
felicity, August 20 at 9:26 am #
Actually, hippy pam, fascism - large corporations become extensions of government and government authority becomes centralized in one person - has taken over America.
~~~~~
Oh yes!! It’s a done deal. Has been for a while now. I’m still recommending Sheldon Wolsin’s “Democracy Inc”, reviewed here on TD some months back, by Chalmers Johnson.
Wolsin really explains how it all came to a head…
It doesn’t look good folks.
Meantime, what happened to the piece on the Economy getting worse? I hadn’t even read it yet, and now I can’t find it.
As an aside to those of you who don’t seem to get the point of the video, and are suggesting along with McCain that this former homeowner is responsible for her own demise, or must have purchased something they couldn’t afford…go live in a swamp with the snakes who might be able to teach you something.
If you paid any attention, you’d note that she was paying her mortgage, never late, until the interest rate got to as high as something like 15.75 percent. Do any of you have a clue to what that is? It’s apparent from the video that it didn’t start out at that. 15.75% for a MORTGAGE?? PLEASE!!
And there credit score was trashed only as a result of the foreclosure, which obviously wouldn’t have occurred if the interest on the mortgage hadn’t reached a criminal rate.
And is anybody here in such deep denial as to not be very, very, very clear on the fact that McCain is 10000% joined at the hip with these corporations, therefore gaining all of his own income from the exploitation of these Americans? Gimme a flippin break! Does anyone believe even US Senators make enough money on a Senator’s salary to afford all of those mansions?
Please!!! Learn to count and follow the money trail. Lobbyists, kickbacks, Keating 5. Get a clue folks. McCain is a gangster.
Report thisBy GW=MCHammered, August 21, 2008 at 11:14 am #
(Unregistered commenter)
Someone on McCain’s staff, closer to GI or Average Joe, should run for president.
McCain Unsure how many homes he has
“I think—I’ll have my staff get to you,” McCain
http://www.boston.com/news/politics/politicalintelligence/2008/08/mccain_unsure_h.html
Report thisBy L Kern, August 21, 2008 at 8:36 am #
(Unregistered commenter)
I agree with Jeff above, this IS off base. We have always had rich people, and any thriving country NEEDS them. The fact McCain has 8 homes or a thousand, it’s unrelated to the policies… policies McCain endorses. Take the F-Mac and F-May issue… they are more than willing to bail out the companies, but seem to care little about the method used to put those struggling homeowners in trouble.
Report thisNo, this film merely highlights the fact this country is run by the rich, for the rich. I wish BNF would make a film on THAT.
By Don Stivers, August 20, 2008 at 11:37 pm #
Did anybody catch how much that woman was paying in interest? What happened to the usury laws in this country. Think about it. I have a very good credit rating. I pay very low interest on my home loan. Yes! Yes! I got it because I was careful. But if we are all expected to make regular payments on our loans, why, should a person who struggles, pay a whopping amount more than I for the money borrowed? The rules make it damn sure the struggling guy is going to go under. The penalty for non payment is you loose. The penalty should not come before you have a huge medical bill. The interest should remain the same for us all.
And those devout Christians running our government had better read the Bible about usury laws.
Report thisBy Jeff, August 20, 2008 at 10:35 pm #
(Unregistered commenter)
I’m no McCain supporter, but this video is completely off base. The fact that McCain owns a bunch of expensive houses and isn’t having trouble paying the bills is immaterial to federal policy on housing issues. Just because he isn’t in the middle of a foreclosure doesn’t mean he can’t rationally evaluate the danger of moral traps in most government bail out ideas. In fact, the opposite is probably true. If he WAS in the middle of losing his house, it would probably provide a much stronger emotional skew.
Knute, I think you’ve got things a bit backwards. McCain is trying to be reasonable and LIMIT the corporate welfare state. Any additional support for those who got screwed over by bad decisions (and some bad luck, of course) would be a move in the direction of a welfare state.
Again, I’m an Obama supporter all the way, but I can still spot misleading, emotional propaganda when I see it. Truthdig, this is not the kind of junk I keep you in my RSS feeds for.
Report thisBy knute, August 20, 2008 at 7:59 pm #
(Unregistered commenter)
This is the single most important connection between Bu$h and McBoob. A complete lack of understanding or interest in what most of the country is going thru. How the people who live far below their tax bracket are having to struggle harder with each year that increases the power of the corporate welfare state at the expense of everyone else. And yet, if you believe the polls, a large portion of the population is still unwilling, or unable apparently to think for themselves. The republican party knows full well that there is a constituancy of the ignorant that will continue to support whomever FOX news tells them to support. We are a country made up of the willfuly ignorant.
Report thisBy elitist, August 20, 2008 at 6:51 pm #
(Unregistered commenter)
“The only way to get around Arizona is by small private plane.” - Cindy McCain
Report thisBy richard roe, August 20, 2008 at 5:03 pm #
(Unregistered commenter)
Mcain learned you can earn more money in five minutes by marrying it than in a hundred lifetimes working for it.
I believe the point of the movie, despite it’s flaws, is still valid. Which is; McCain is rich. Filthy rich and hasn’t a clue as to how average people live.
That said, he probably not only doesn’t care abuot the average American who’s financial nuts are in a vice these days, but he also feels entitled and somehow better than those not as well off as he and his wife. In fact, by his support of certain legislation, he’s only to glad to be part of the mechanism that his tightening that vice.
If you want endless war, a weak dollar, high unemployment, runaway inflation, polluted skies, subsidies to wealthy oil corporations, ie; more of the same, then, Vote McBush, er, McCain.
Report thisBy GW=MCHammered, August 20, 2008 at 4:06 pm #
(Unregistered commenter)
re: hippy pam, August 20 at 4:08 am
Amen, hp! Hopefully, more Americans will give up the credit addiction allowing prices to fall where they belong or force wages to justly rise. It’s understandable why Americans charged so much. They were justifying all the work they were doing for so little pay. Because of Bush’s direction, I took the alternate route and quit working and investing, downsized then traveled, helped take care of ill friends, learned things that interested me too. There’s much more to life when you live like a human-being and not someone else’s human-doing.
Report thisBy cg, August 20, 2008 at 3:44 pm #
(Unregistered commenter)
It seems to me that the point of the video isn’t that McCain has gotten his wealth from our tax dollars or anywhere else.
Report thisThe point is that he is a wealthy man that is being HYPOCRITICAL when he accuses Obama of being an “eliiest” and that he is in fact part of the “elite” that he likes to demonize for political gain.
The woman in the video is there to illustrate how out of touch McCain is with the “common” people and the porblems they face.
By felicity, August 20, 2008 at 1:26 pm #
Actually, hippy pam, fascism - large corporations become extensions of government and government authority becomes centralized in one person - has taken over America.
The former is obvious and thanks to a brain-dead Congress and a politicized Justice the latter is well on its way to becoming fact. It’s a forgone conclusion that whoever becomes president can be, should he choose to be, the Fascist-in-Chief. McCain seems more suited to the title.
Report thisBy surfnerd, August 20, 2008 at 1:22 pm #
Once again, what is your point? If you can not afford a mortgage then why do you have one? McCain and or Obama for that matter did not make the majority of wealth on the pay they get from being in congress, hence the reason why most politicians at the level of US Senate or US Rep are generally wealthy before the get into office. So you statement is basically false.
The government is bloated and I am not a big fan of politicians but the majority of money that flows into the government does not go to politicians salaries. That is why the video is bunk and just propaganda. If you want to know where your money goes take a look at this link http://www.gpoaccess.gov/usbudget/fy08/hist.html.
Department of Health and Human Services (21.039%)
Social Security Administration 19.431%)
Department of Defense—Military (16.795%)
Department of the Treasury (14.829%)
Other (5.627%)
Department of Agriculture (3.139%)
Supplementals (3.076%)
Department of Education (2.755%)
Department of Veterans Affairs (2.309%)
Department of Homeland Security (2.189%)
Office of Personnel Management (2.081%)
Department of Transportation (2.009%)
Department of Labor (1.687%)
Department of Housing and Urban Development (1.535%)
Other Defense Civil Programs (1.498%)
Military and social programs mostly. Which is not the way the government was set up to run by the founding fathers, at least the social programs part.
Report thisBy sns, August 20, 2008 at 1:16 pm #
(Unregistered commenter)
I can’t stand McCain but this is just cheap journalism. This is irresponsible propaganda that’s unsavory.
McCain as any individual can earn and spend his money any way he sees fit, so long as it’s legal.
Perhaps the clerk in the video working 2 jobs bought a house that was way too expensive for her? Perhaps she agreed to subprime rates that are now biting her in the ass the interest rate slides? Perhaps the irresponsible banks did not screen her well enough? Perhaps the systematic sub-prime crisis, with wreckless lending practices and the complicit shadow banking system are at fault? And perhaps McCain is a supporter of these shadow banking practices? Perhaps McCain subscribes to unscrupulous lenders bailout ie capitialism for profits socialism for losses policy? These are all intelligent points to consider when making a case for why McCain is a terrible candidate. But to intercut a woman complaining about her mortgage and credit rating w/ ZERO backstory as to how she landed in her mess AND to intercut that with McCain’s real estate portfolio is specious and cheap.
psssst Truthdig you can do something much better…..
Report thisBy foreclosurefish, August 20, 2008 at 12:18 pm #
(Unregistered commenter)
Well, now you know why you need a second job in the private sector: you have to make your mortgage payment, plus a little bit of each of McCain’s eight mortgages, not to mention property taxes on such lavish mansions.
Remember—you work for the government first. Once you pay your taxes in order to pay the politicians’ mortgages, then, if there’s anything left over, you can pay your own mortgage.
But McCain is only one senator. One hundred senators, over 400 representatives—how many mortgages are you paying for the federal government? And how many more for your state government? No wonder people have trouble making their mortgage payments.
Report thisBy surfnerd, August 20, 2008 at 10:18 am #
This video is a bunch of “CRAP” to quote Hippy Pam. So what if McCain owns 500 mansions? What does that have to do with anything?
If you can’t “BARELY PAY THE BILLS”, then work harder, get a second job or get another job that pays more. Or better yet budget better and don’t spend beyond your means.
Cheers,
Fred
Report thisBy Fred Flinstone, August 20, 2008 at 10:04 am #
(Unregistered commenter)
And the point of this video being? So what if he has multiple houses?
Hello Hippy Pam,
How is he a leech and how does he have all this due to our tax dollars? Please explain how our system allows this CRAP?
Cheers,
Fred
Report thisBy hippy pam, August 20, 2008 at 8:08 am #
YOU AND I CAN BARELY PAY THE BILLS WHILE THESE LEECHES HAVE IT ALL DUE TO OUR TAX DOLLARS-THERE IS SOMETHING WRONG WITH A SYSTEM THAT ALLOWS THIS CRAP.
Report this