LOGO: Truthdig: Drilling Beneath the Headlines. A Progressive Journal of News and Opinion. Editor, Robert Scheer. Publisher, Zuade Kaufman.
2010 Webby Award Winner for Best Political Blog
 
February 16, 2012
Log in / Register

 Choose a size
Text Size

Most Read

Apple's China Comes Home to Haunt Us

'Losing' the World: American Decline in Perspective, Part 1

'Colbert Report': Contraception Crusade

Will Catholic Bishops and the Religious Right Save Obama?

Mormon Economics and the GOP

Most Comments
Most Emailed

Reports
 * NEW! * Romney’s Big Problem

Ear to the Ground

A/V Booth

Arts & Culture

Digs
Financial Meltdown 101

Truthdig Bazaar
Lords of the Land

Lords of the Land

By Idith Zertal and Akiva Eldar
$ 19.77

more items

 
Reports

Cold-Filtered Economics

Email this item Email    Print this item Print   

Posted on Jul 6, 2008

By Andy Borowitz

Presumptive Republican presidential nominee John McCain unveiled details of his economic policy today, telling an audience in Ohio that if elected he would support a real-estate tax holiday for beer heiresses. Sen. McCain said that his tax-holiday plan could lead to a revival for the U.S. economy, arguing, “The key to this country’s economic well-being has been and will always be those Americans with vast inherited brewery wealth.”

The Arizona senator took great pains to indicate that the tax holiday would not be available to all brewery heiresses, “just those with a net worth of over 100 million dollars.”

Sen. McCain’s real-estate tax-holiday proposal came on the heels of the news that his wife, presumptive first lady nominee Cindy McCain, had failed to pay real-estate taxes on her La Jolla, Calif., home for four years.

But Sen. McCain was quick to dismiss speculation that his real-estate tax holiday proposal was intended to help his wife, adding, “Anyone who is serious about fixing the U.S. economy would start with the engine of that economy, which as everyone knows is brewery heiresses.”

Standing at Sen. McCain’s side during his appearance, Mrs. McCain endorsed the real-estate tax holiday and offered an explanation for her failure to pay four years’ worth of real-estate taxes.

Advertisement

“I guess it slipped my mind,” she said. “Quite frankly, I’ve been busy coming up with totally original recipes for my Web site.”

© 2008 Creators Syndicate


Comments

Are you a Truthdig member yet? Login now, or register with Truthdig.

By Louise, July 9, 2008 at 10:31 am Link to this comment

Maybe McCain, likes his beer. Perhaps a little too much, because he seems quite incapable of realizing why we are on the edge of financial collapse. In fact, his ignorance of reality is so blatant he has the man who almost single handed created the mess that created ENRON, and the sub-prime mortgage crisis and yes, the runaway speculation that is responsible for at least one third [some think as much as half] of the increase in the price of oil, co-chairing his campaign.

“Who’s to blame for the biggest financial catastrophe of our time? There are plenty of culprits, but one candidate for lead perp is former Sen. Phil Gramm (R)”


http://www.motherjones.com/news/feature/2008/07/foreclosure-phil.html

Wow. Cant hardly say McCain isn’t dazzled by success can you?

“Somebody who has failed so grandly as Phil Gramm should be driven out of the market. He should be considered a bad product, laissez faire. But instead, because he’s pals with John McCain and has been for a long time, he’s in line to make these mistakes and do harm to the economy and to all of us yet again.”

http://www.democracynow.org/2008/7/9/foreclosure_phil_journalist_david_corn_on

So it wouldn’t be a stretch to say McCain’s not to bright. Either that, or he really does love what’s happening to our economy. Cause his choice of Phil Gramm to co-chair his campaign speaks volumes. Hang the people and God bless the wealthy. Only this time dumbness may actually turn and bite itself in the foot. Even the obscenely wealthy may quake a bit if the bottom falls out. Who the hell’s going to scrub their toilets, Cindy?

People like Gramm don’t care what happens, or who gets hurt. They just bask in the conceit of having put one over on the working class. And people like McCain don’t care because they don’t get it. Got that? He doesn’t get it! He’s just too damn dumb.

Report this
Blackspeare's avatar

By Blackspeare, July 7, 2008 at 2:37 pm Link to this comment

What about us beer guzzlers who, without our daily brewski, couldn’t write these inspired posts!!!!!  And who by the way, keep those beer heiresses fortunes intact.

Report this

By Fadel Abdallah, July 7, 2008 at 7:48 am Link to this comment

Funny and imaginative! However, this is art that imitates the real life and thinking of those who desperately seek power, even when they’re old, senile and irrelevant!

Report this

Add Your Comment

Posts by unregistered readers are moderated. Posts by members
are published immediately. Why wait? Register today!






                        Number of characters remaining: 4000

Notify you when others comment on this article?

Are you a human? Retype the word you see here.

     

Please read and abide by our comment policy.
By submitting this comment, you agree to this site's terms and conditions.

Newsletter

Get Truthdig in your inbox


 
 
 
Join the Liberal Blog Advertising Network
 
 
 
 
 
 
 

A Progressive Journal of News and Opinion. Editor, Robert Scheer. Publisher, Zuade Kaufman.
Copyright © 2012 Truthdig, L.L.C. All rights reserved.