LA Connection Property Blog: August 2008

Why McCain should not be President - and it's not just about houses

On 6/17/08 I blogged that "John McCain cannot use a PC or a MAC - should he be President?". I received a lot of feedback from fellow ActiveRainers, some of whom did not however, see the broader picture intended by my blog.

Obviously McCain has many staffers who would handle any aspect requiring the use of a computer - rather, I was intending to demonstrate just how out-of-touch the man really is. I would have imagined that anyone running for one of the most powerful and influential positions in the world, would at least have had the curiosity to explore the internet. Not the case with McCain.

This week McCain was asked how many homes he and wife owned, and his reply was astounding: "I think - I'll have my staff get to you ... It's condominiums where - I'll have them get to you."

Did he really not know the answer or was he too embarrassed to give it?

The fact that the family's 7 homes aren't in his name, is not a genuine explanation in my opinion. They're all owned by Cindy McCain, her dependent children and the trusts and companies they control. (a common financial planning practice employed by "the rich").

Obama told voters, "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."

However, the McCain campaign responded by asking about Obama - "Does a guy who made more than $4 million last year, just got back from vacation on a private beach in Hawaii and bought his own million-dollar mansion with the help of a convicted felon really want to get into a debate about houses?"

Comment balloon 124 commentsCOMPASS PALM SPRINGS | Stewart Penn • August 21 2008 04:41PM
Why McCain should not be President - and it's not just about houses
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