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  • July 1, 2008 at 8:28 PM #13181
    PadreBrian
    Participant

    Newsweek is set to publish a highly embarrassing report on Sen. John McCain, revealing that the McCains have failed to pay taxes on their beach-front condo in La Jolla, California, for the last four years and are currently in default, The Huffington Post has learned.

    Under California law, once a residential property is in default for five years, it can be sold at a tax sale to recover the unpaid taxes for the taxpayers.

    http://www.americablog.com/2008/06/mccains-in-default-werent-paying-taxes.html

    July 2, 2008 at 2:32 AM #232151
    svelte
    Participant

    Unless you are talking about an entirely different McCain condo, this was reported in the union-trib yesterday:

    http://www.signonsandiego.com/news/metro/20080701-9999-1m1mccain.html

    and it is actually owned by a trust that McCain’s wife manages. Not too much better a situation than what you stated, but technically it is not owned by John McCain.

    The other surprising lines in that article are the last two lines: 75% of properties sold at tax default auctions are time shares. Huh? All the time share owners on a particular unit defaulted, or they auctioned off the particular week that the was in default?

    Back to McCain, the other shocker the last few weeks was the credit card debt carried by John and his wife:

    http://thehill.com/campaign-2008/mccains-report-more-than-100000-in-credit-card-debt-2008-06-13.html

    Let’s see…
    $10K + ? on John/Cindy card
    $100K + ? on Cindy AMEX 1
    $100K + ? on Cindy AMEX 2
    $15K + ? on dependent child AMEX card

    That looks like a minimum of $225K (and perhaps up to $500K) in credit card debt. I don’t care how wealthy John and Cindy are, that still raises my eyebrows.

    July 2, 2008 at 2:32 AM #232272
    svelte
    Participant

    Unless you are talking about an entirely different McCain condo, this was reported in the union-trib yesterday:

    http://www.signonsandiego.com/news/metro/20080701-9999-1m1mccain.html

    and it is actually owned by a trust that McCain’s wife manages. Not too much better a situation than what you stated, but technically it is not owned by John McCain.

    The other surprising lines in that article are the last two lines: 75% of properties sold at tax default auctions are time shares. Huh? All the time share owners on a particular unit defaulted, or they auctioned off the particular week that the was in default?

    Back to McCain, the other shocker the last few weeks was the credit card debt carried by John and his wife:

    http://thehill.com/campaign-2008/mccains-report-more-than-100000-in-credit-card-debt-2008-06-13.html

    Let’s see…
    $10K + ? on John/Cindy card
    $100K + ? on Cindy AMEX 1
    $100K + ? on Cindy AMEX 2
    $15K + ? on dependent child AMEX card

    That looks like a minimum of $225K (and perhaps up to $500K) in credit card debt. I don’t care how wealthy John and Cindy are, that still raises my eyebrows.

    July 2, 2008 at 2:32 AM #232285
    svelte
    Participant

    Unless you are talking about an entirely different McCain condo, this was reported in the union-trib yesterday:

    http://www.signonsandiego.com/news/metro/20080701-9999-1m1mccain.html

    and it is actually owned by a trust that McCain’s wife manages. Not too much better a situation than what you stated, but technically it is not owned by John McCain.

    The other surprising lines in that article are the last two lines: 75% of properties sold at tax default auctions are time shares. Huh? All the time share owners on a particular unit defaulted, or they auctioned off the particular week that the was in default?

    Back to McCain, the other shocker the last few weeks was the credit card debt carried by John and his wife:

    http://thehill.com/campaign-2008/mccains-report-more-than-100000-in-credit-card-debt-2008-06-13.html

    Let’s see…
    $10K + ? on John/Cindy card
    $100K + ? on Cindy AMEX 1
    $100K + ? on Cindy AMEX 2
    $15K + ? on dependent child AMEX card

    That looks like a minimum of $225K (and perhaps up to $500K) in credit card debt. I don’t care how wealthy John and Cindy are, that still raises my eyebrows.

    July 2, 2008 at 2:32 AM #232325
    svelte
    Participant

    Unless you are talking about an entirely different McCain condo, this was reported in the union-trib yesterday:

    http://www.signonsandiego.com/news/metro/20080701-9999-1m1mccain.html

    and it is actually owned by a trust that McCain’s wife manages. Not too much better a situation than what you stated, but technically it is not owned by John McCain.

    The other surprising lines in that article are the last two lines: 75% of properties sold at tax default auctions are time shares. Huh? All the time share owners on a particular unit defaulted, or they auctioned off the particular week that the was in default?

    Back to McCain, the other shocker the last few weeks was the credit card debt carried by John and his wife:

    http://thehill.com/campaign-2008/mccains-report-more-than-100000-in-credit-card-debt-2008-06-13.html

    Let’s see…
    $10K + ? on John/Cindy card
    $100K + ? on Cindy AMEX 1
    $100K + ? on Cindy AMEX 2
    $15K + ? on dependent child AMEX card

    That looks like a minimum of $225K (and perhaps up to $500K) in credit card debt. I don’t care how wealthy John and Cindy are, that still raises my eyebrows.

    July 2, 2008 at 2:32 AM #232332
    svelte
    Participant

    Unless you are talking about an entirely different McCain condo, this was reported in the union-trib yesterday:

    http://www.signonsandiego.com/news/metro/20080701-9999-1m1mccain.html

    and it is actually owned by a trust that McCain’s wife manages. Not too much better a situation than what you stated, but technically it is not owned by John McCain.

    The other surprising lines in that article are the last two lines: 75% of properties sold at tax default auctions are time shares. Huh? All the time share owners on a particular unit defaulted, or they auctioned off the particular week that the was in default?

    Back to McCain, the other shocker the last few weeks was the credit card debt carried by John and his wife:

    http://thehill.com/campaign-2008/mccains-report-more-than-100000-in-credit-card-debt-2008-06-13.html

    Let’s see…
    $10K + ? on John/Cindy card
    $100K + ? on Cindy AMEX 1
    $100K + ? on Cindy AMEX 2
    $15K + ? on dependent child AMEX card

    That looks like a minimum of $225K (and perhaps up to $500K) in credit card debt. I don’t care how wealthy John and Cindy are, that still raises my eyebrows.

    July 2, 2008 at 10:39 AM #232286
    PCinSD
    Guest

    They brought it current a couple of days ago.

    July 2, 2008 at 10:39 AM #232409
    PCinSD
    Guest

    They brought it current a couple of days ago.

    July 2, 2008 at 10:39 AM #232417
    PCinSD
    Guest

    They brought it current a couple of days ago.

    July 2, 2008 at 10:39 AM #232458
    PCinSD
    Guest

    They brought it current a couple of days ago.

    July 2, 2008 at 10:39 AM #232470
    PCinSD
    Guest

    They brought it current a couple of days ago.

    July 2, 2008 at 4:55 PM #232486
    PadreBrian
    Participant

    The credit card thing isn’t a big deal for them. Cindy is loaded.

    July 2, 2008 at 4:55 PM #232607
    PadreBrian
    Participant

    The credit card thing isn’t a big deal for them. Cindy is loaded.

    July 2, 2008 at 4:55 PM #232618
    PadreBrian
    Participant

    The credit card thing isn’t a big deal for them. Cindy is loaded.

    July 2, 2008 at 4:55 PM #232659
    PadreBrian
    Participant

    The credit card thing isn’t a big deal for them. Cindy is loaded.

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