From the big house to the White House
All this talk about the sub-prime and foreclosures is nothing. There’s a real housing crisis going on, and it has nothing to do with people not being able to afford homes.
This crisis is about who can afford more homes. Presidential hopeful John McCain let slip recently that he isn’t quite sure how many homes he and his multimillionaire wife, Cindy, own.
“I think…I’ll have my staff get to you,” McCain told the Web site Politico when asked. “It’s condominiums where…I’ll have them get to you.” Can you imagine not knowing how many homes you own? Think about that for a minute: “Honey, why don’t we spend the weekend at our little place in California?” “Oh, darling, I completely forgot about that one! It’s so hard to keep track when you own property all across the country.”
For the record, The Associated Press reviewed property records and found that the McCains own at least eight homes: a ranch (which is made up of at least four houses and a two-story cabin) and two condos in Arizona, three condos in Coronado, Calif., one condo in La Jolla, Calif., and one condo in Arlington, Va. And it must be understood that many of these houses can be attributed to the financial situation of Cindy McCain, who had an income of $6 million in 2006, according to tax returns. Her husband, meanwhile, brought in a measly $405,409.
Of course, McCain’s adversary, Barack Obama, was quick to take advantage of a chance to portray McCain as elitist and out of touch.
“I guess if you think being rich means you’ve got to make $5 million and if you don’t know how many houses you have, it’s not surprising you might think the economy is fundamentally strong,” Obama told a crowd in Chester, Va.
Talk about the pot calling the kettle black. Obama and his wife, Michelle, reported making $4.2 million in 2007.
So, ladies and gentlemen, there are our options for President of the United States of America: Rich Guy A and Rich Guy B. Choose carefully, now, the fate of the free world could hinge on the outcome of the election.