Thursday, August 21, 2008

Who says John McCain is out of touch with the common people?

After all, as Politico reported last month, he and Cindy pay over a quarter of a million dollars for some of those common people to take care of his many, many houses, so I'm sure he might touch some of them sometimes.

You know...accidentally.
Property records show that trusts and corporations controlled by her and her children spent nearly $11 million between the summer of 2004 and February 2008 on three condominiums in Phoenix and a pair outside San Diego.

One of the Phoenix condos, a 6,600-square-foot unit for which Cindy McCain’s trust paid $4.7 million in October 2006, became Cindy McCain’s primary residence after the trust sold the couple’s Phoenix house for $3.2 million in December 2006. She had purchased the house years earlier from her father.

Less than one year later, a corporation controlled by Cindy McCain bought another condo on a lower floor in the same building for $830,000.

And, in between, the corporation plunked down $700,000 for a 1,900-square foot, three-bedroom loft condo for her then-22-year-old daughter Meghan McCain, who was moving back to Phoenix after graduating from New York’s Columbia University.

Cindy McCain, through another family corporation, spent about $4.7 million in 2004 and 2008 on two condos in an exclusive building in Coronado, Calif., an affluent San Diego suburb noted for its high percentage of military retirees.

In her recent Vogue interview, conducted from the newer Coronado condo, McCain explained that her husband, a Navy veteran, initially wasn’t keen on the idea of a pied-à-terre in Coronado.

"When I bought the first one, my husband, who is not a beach person, said, 'Oh, this is such a waste of money; the kids will never go,'” she told Vogue. “Then it got to the point where they used it so much I couldn't get in the place. So I bought another one.”

Through her trusts and other corporate entities, Cindy McCain also owns another three properties: a scenic ranch outside Sedona, Ariz., where John McCain has entertained staff, prospective running mates and political reporters; a three-bedroom Arlington, Va., condo that’s been John McCain’s Washington-area residence since 1993 and the La Jolla, Calif., condo on which the back taxes were due.

The McCains increased their budget for household employees from $184,000 in 2006 to $273,000 in 2007, according to John McCain’s tax returns.
That's right. The McCains pay $270,000 per year for butlers and maids--that's $50,000 more than the median value of an American home.

22 Comments:

Anonymous Jena said...

Isn't it more than a little obvious who the Paris Hilton in this campaign is?

7:53 PM  
Blogger Robin said...

Be careful - you may find that he's paying his workers really well with benefits and stuff. That's a lot of money.

8:39 PM  
Anonymous AV said...

My husband and I are looking to buy our first house, and John McCain's annual household staffing budget would buy more house than we are looking at right now. I can't even imagine spending that much yearly on people to vacuum and trim the hedges.

9:06 PM  
Anonymous Anonymous said...

Maybe they are paying Meghan to live in that little dump. She has expenses and stuff.

10:22 PM  
Blogger danmac said...

Wonder what the tax advantage is to owning your homes through a trust if any?

3:37 AM  
Blogger Globalize This! said...

AZ and CA...what are the chances that a member of his household staff is an undocumented immigrant?

4:57 AM  
Anonymous Anonymous said...

Seven houses---at least one maid for each (probably more for the "cabin" that is actually SIX houses), means at most $38,571 per maid, which isn't huge. But he probably also has butlers and groundskeepers and gardeners and chauffeurs and chefs, not to mention child care for the grandchildren, meaning he's paying them next to nothing.

8:32 AM  
Anonymous Anonymous said...

I would much rather vote for someone who forgets how many houses they have than someone who forgets how many states there are. Wasn't it Obama who said there were 57 states?? Speaking of homes, didn't Obama get his house for $300,000 less than asking price with the help of a convicted felon friend who went on to receive 14 million is Illinios tax dollars with help from Obama?
Oh and ther's more...Obama wants us all to give more $ to the poor and help ou fellow man and all that....isn't it a little bit hippocritical for him to say that when his brother gets no help from Obama. The guy lives in a shack on $1 per month. Obama wants us to give, but he doesn't give his own bretheren anything! Hypocracy?

10:59 AM  
Anonymous Anonymous said...

Obama doesn't have a brother, try pulling your head out of Rush Limbaugh's ass and listening to real news.

2:08 PM  
Anonymous Barack 4 President said...

McCain forgetting how many homes he has is a big big deal. It's clear now who the real elitist really is.

2:28 PM  
Anonymous Tom McCall said...

Speaking of homes, didn't Obama get his house for $300,000 less than asking price with the help of a convicted felon friend who went on to receive 14 million is Illinios tax dollars with help from Obama?
=====================================

Speaking of convicted felons, didn't John McCain take some money from a guy named Charles Keating to keep the feds from investigating his savings and loan business and, when it folded, caused the government to have to pay over $100 Billion to clean up the mess, the majority of which came from taxpayers?

By the way, you misspelled "hypocritical." Just though that you should know.

2:52 PM  
Anonymous Tom McCall said...

Though = thought. Close enough.

3:26 PM  
Anonymous Tom McCall said...

I would much rather vote for someone who forgets how many houses they have than someone who forgets how many states there are.
=====================================

I would rather vote for a guy who doesn't know how many states there are than a guy who doesn't know that the Iraq-Pakistan border doesn't exist because there's a country named "Iran" between the two, especially when that person who makes the mistake is a so-called foreign policy expert.

But he's a P.O.W., so I'm not supposed to mention that.

5:22 PM  
Blogger Nitpicker said...

Anonymous,

Please note that Barack Obama was--despite the fact he got the house for less than the acting price--the high bidder on the property. That makes it much more likely the seller overestimated the value of his house than Obama got some sweetheart deal.

Besides, only Republicans are stupid enough to pay the full asking price. That's why we owe so much money to Blackwater and Halliburton...

6:10 PM  
Anonymous Anonymous said...

Am I missing something here? Cindy OWNS and pays taxes on all the homes, but John shows the employees on his income taxes - not as EXPENSES, I hope!

8:01 AM  
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Anonymous beats by dre said...

Cindy OWNS and pays taxes on all the homes, but John shows the employees on his income taxes

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Anonymous iPhone Developer said...

You have so much knowledge about this.That's why we owe so much money to Blackwater and Halliburton.

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Anonymous iPhone Development said...

That makes it much more likely the seller overestimated the value of his house than Obama got some sweetheart deal.

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