The Moderate Voice - Latest Comments in The McCains’ Credit Card Debt: Dilemma or Distraction?

Re: The McCains’ Credit Card Debt: Dilemma or Distraction?

GreenDreams — Sun, 15 Jun 2008 12:07:42 -0000

Hey, jchem, I'm not attacking you at all. Seriously, I almost blew coffee out my nose trying to think of McCain as being in the same boat as us because of credit card debt. He doesn't have to worry about it for a microsecond, unlike millions of Americans who are desperate and in debt and facing rising costs and stagnant wages, all due to Republican economic policies. For the McCains, like many here have commented, carrying that much credit card debt is a choice of how to maximize the benefit from their wealth, perhaps by accruing expenses this quarter and paying next. For many, it's a desperate attempt to keep ahead of bills and rising costs.

And StockBoy, you're right of course. It's a non-issue.

Re: The McCains’ Credit Card Debt: Dilemma or Distraction?

StockBoySF — Sun, 15 Jun 2008 03:42:36 -0000

As long as McCain is not in default on his obligations and has the ability to meet them then this is a big yawner.

Re: The McCains’ Credit Card Debt: Dilemma or Distraction?

jchem — Sat, 14 Jun 2008 22:26:45 -0000

lurxst, I'm still trying to understand what he (McCain) is saying...I know this is off topic from the original post, but he cosponsored the bill, then he sided with the President, who vowed to veto it, Then he goes on to say that "staging a mock excecution..." I get the impression he's trying to talk out of both sides of his mouth. Interestingly, neither Obama nor Hillary thought it very important to show up to vote.

So I agree; McCain gives me the creeps, but I don't see what his finances have to do with it, especially if it is beneficial to him in the long run (as Jazz mentioned earlier). The guy most likely knows what he's doing.

Re: The McCains’ Credit Card Debt: Dilemma or Distraction?

lurxst — Sat, 14 Jun 2008 21:35:13 -0000

jchem I am thinking about stuff like this when I hyperbolize.

http://www.washingtonpost.c...

Re: The McCains’ Credit Card Debt: Dilemma or Distraction?

jchem — Sat, 14 Jun 2008 21:04:54 -0000

GreenDreams,

C'mon...of course I know he has the billionaire wife...what does he care about debt? Jazz made the point that it was probably better for him in the long run. I agree. The rest of my comment "Albeit my amount is a far cry from where he stands" What I am saying is that the guy has a load of credit card debt. I bet you could walk down the street and find a lot of people in the same predicament. And I doubt that they "had to laugh at that one."

Re: The McCains’ Credit Card Debt: Dilemma or Distraction?

OriginalPechanga — Sat, 14 Jun 2008 20:32:36 -0000

Jazz, not to mention that American Express has a reward program based on dollars spent. That will allow them to redeem for gifts and gift cards to restaurants.
A good deal. And since Cindy make $6 MILLION a year, I believe they can handle the debt.

NOW, Hillary's campaign is $30 MILLION in debt. Has she:
1) Paid the bills she owes to hard working Americans that provided her needs?
2) The DNC is $15 MILLION Short.

Where's the headlines?

Re: The McCains’ Credit Card Debt: Dilemma or Distraction?

GreenDreams — Sat, 14 Jun 2008 19:16:23 -0000

"it makes him more like the rest of us"

Oh yeah. I had to laugh at that one. Just like the rest of us with billionaire wives who never have to worry about anything to do with money. Ever.

Oh, BTW, it's illegal for Obama to give campaign cash to another candidate. He can put a plea on his website to those who want to help Clinton, but there's no diverting to her what we give him.

Re: The McCains’ Credit Card Debt: Dilemma or Distraction?

jdledell — Sat, 14 Jun 2008 17:42:03 -0000

I've been a Platnium American Express holder for 35 years and in addition to high fees (I pay $450/year) any charges not paid at the end of the month are charged interest (I pay 9.25%). McCain may have the "Black Card" which costs $1000/year but also requires interest on unpaid balances. If McCain is paying zero interest then he has a special deal with AX, just like Congressional VIP's got on their mortgages.

Re: The McCains’ Credit Card Debt: Dilemma or Distraction?

jchem — Sat, 14 Jun 2008 17:10:33 -0000

I think if anything, it makes him more like the rest of us. I mean, consumer debt is certainly a staggering number. Albeit my amount is a far cry from where he stands. I agree with Jazz's analysis; it probably makes sense in the long run for them to have the debt anyway. I'm not sure this is much of an issue.

And lurxst, are you suggesting that everyone running for President is selling their soul? Perhaps Obama could lend McCain a hand with his debt. After all, it looks like he may be raising in the neighborhood of $100 million for the month of June anyway. But then again, he probably needs to give that to Hillary, to help pacify her supporters.

Re: The McCains’ Credit Card Debt: Dilemma or Distraction?

lurxst — Sat, 14 Jun 2008 16:58:40 -0000

Its pretty meaningless what his credit card balances look like. McCain is filthy rich via his wife and systems are designed to help them stay that way. He is running for president after all, that doesn't come cheap, except for that selling of his soul part.

We shouldn't forget his record on standing up for the middle and poverty classes.
http://news.aol.com/electio...

Re: The McCains’ Credit Card Debt: Dilemma or Distraction?

redfish — Sat, 14 Jun 2008 15:53:33 -0000

Hey Jazz, I didn't know where else to contact you, I thought you might be interested in an article today in the Washington Post about a new site that has been put up by Ross Perot, www.perotcharts.com , http://www.washingtonpost.c...

I haven't seen much news about or discussion on the blogosphere, but it sounds like something that should interest TMV readers.

Re: The McCains’ Credit Card Debt: Dilemma or Distraction?

Jim_Satterfield — Sat, 14 Jun 2008 15:02:45 -0000

Distraction, obviously.

Re: The McCains’ Credit Card Debt: Dilemma or Distraction?

pacatrue — Sat, 14 Jun 2008 13:47:14 -0000

Fortunately, we don't have to do much guessing about how McCain would manage the country's finances. He already has a Congressional voting record on this issue. And so we can look at what he's actually done instead of infer what he might do based on personal finances.

Re: The McCains’ Credit Card Debt: Dilemma or Distraction?

Silhouette — Sat, 14 Jun 2008 13:19:33 -0000

Yes, this thread is another profound mundanity where we're supposed to believe Obama is more electable so we won't push our delegates to nominate a sure-thing instead.

Give us a break.

McCain is the decorated veteran in time of war.

Obama is the know-nothing who never even served, let alone in combat.

Clinton has an eight-year tenure at the Whitehouse as de facto assistant to the Commander-In-Chief; something that neither McCain nor Obama have.

If the race is between McCain and Obama we know who will win in time of war. You can drone out a thousand little foibles you think will convince us that Obama has a chance against him; but it's falling on deaf ears.

If the race is between McCain and Clinton, we also know who will win. Why is this profundity lost on superdelegates? Are they suffering from low blood sugar or do they get a paycheck from the GOP?

Write them. Tell them how you feel about nominating us into a concession speech this Fall. Tell them you want them to reflect the popular consensus and not make backroom decisions against the majority of the People. And most of all if you're an Obama expatriate like me, tell them you made a mistake and that they, like you, can change their mind before it's too late..

Obama Expatriates: silhouette@suddenlink.net

Re: The McCains’ Credit Card Debt: Dilemma or Distraction?

runasim — Sat, 14 Jun 2008 12:19:37 -0000

Now that I know how much McCain owes on his credit card, I'm going to go ack to sleep/