Thursday, August 21, 2008

McCain Unsure How Many Houses he Owns

This sounds suspicious. Do we want a president who has no sense of his finances? McCain's wife's business dealings have already been under legal scrutiny. Or is he trying to portray himself as not being part of the economic elite in this country? He would like you to believe that he is like you and suffers your financial hardships. Instead McCain keeps sounding out of touch.

Sen. John McCain (R-Ariz.) said in an interview Wednesday that he was uncertain how many houses he and his wife, Cindy, own.

"I think - I'll have my staff get to you," McCain told us in Las Cruces, N.M. "It's condominiums where - I'll have them get to you."

The correct answer is at least four, located in Arizona, California and Virginia, according to his staff. Newsweek estimated this summer that the couple owns at least seven properties.

In recent weeks, Democrats have stepped up their effort to caricature McCain as living an outlandishly rich lifestyle – a bit of payback to the GOP for portraying Sen. Barack Obama (D-Ill.) as an elitist, and for turning the spotlight in 2004 on the five homes owned by Sen. John F. Kerry (D-Mass.) and his wife, Teresa Heinz Kerry.

Then there is McCain's illegal compaign finances.
Letter Contends FEC Consideration of McCain Withdrawal From Primary Funds Program Without an Investigation into DNC Complaint is Illegal
The following release was issued today by the Democratic National Committee:
With the Federal Election Commission scheduled to address John McCain's decision to unilaterally withdraw from the federal matching funds program on Thursday, the Democratic National Committee today called on the Commission to remove that item from its agenda and instead proceed with a full investigation of the charges made against McCain in the administrative complaint filed by the DNC in February. In a conference call with reporters this morning, DNC General Counsel Joe Sandler discussed a letter he sent to the FEC last night that argued that the Commission should not consider McCain's decision to withdraw from the matching funds program because there is no request for permission pending and the Commission hasn't yet conducted an investigation as required by the law.

McCain is very comfortable with the wealthy and big business, especially if they are lobbyists.
John McCain broadcasts his affection for Theodore Roosevelt, but his opposition to regulating the local telephone industry suggests that he may not share the former president's passion for busting huge corporate trusts.

Unlike Roosevelt, who railed against "malefactors of great wealth," McCain's positions frequently have echoed those of the giant regional Bell phone companies, now consolidated as AT&T, Verizon and Quest, the big survivors of the telecommunications wars of the last quarter-century.

McCain's opposition to the 1996 Telecommunications Competition and Deregulation Act, intended to spur competition by pressuring the Bells to lease their lines and switches to competitors cheaply, offers a window into how he might view regulation of other markets as president.

The Arizona senator characterizes his unsuccessful stand against the measure, and his later attempts to thwart its implementation, as in keeping with his commitment to free markets and his maverick positions on behalf of American consumers. He was the only Republican senator to vote against the legislation.

Critics charge, however, that McCain backed an approach to telecommunications that's limited competition and kept prices high. They note that executives of the big three telecommunications giants and their lobbyists have raised and donated millions of dollars for his political committees.

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