Saw this on another blog and wanted to share it with both my readers.
McCain has charged $500,000 of campaign expenses on his American Express Platinum card. Instead of selling some of his wife's stock to pay off the bill they're carrying the balance forward.
I find it highly ironic that McCain holds himself up as different from Bush yet is personally pursuing the same kind of fiscal policy Bush has had for the whole nation these past 8 years. How can we trust that he's not going to have the same kind of "We'll pay it off later" mentality that's gotten us so deep in the hole so far when he thinks it's fine to be that with his own money?
Heather and I just watched "Maxed Out" on Sunday and it showed how closely aligned the credit card companies are with the politicians, and how it's helped to create a culture where MBNA can help rewrite the bankruptcy laws to their benefit and no one seems to bat an eye. And this situation is no different. American Express is offering them the credit cards with a 0% interest rate. That's extremely generous, and so maybe it makes a little bit of sense to utilize the cards for financing (in his mind) because he believes he's doing the right thing. But it is still reckless and crazy behavior in my mind, and it amounts to $500,000 in uncontrolled campaign contributions from a major American credit card company. And it's not the behavior of a man who promises to clean up the budget in Washington and balance the books. This is more of the same, and it's disgusting.
In the meantime, Obama is not financing his campaign expenses through credit cards, and has managed to save money for his daughter's college fund to the tune of $250,000.
The amazing thing is that the Republicans are so quick to call Obama an elitist, to imply that he somehow is getting a free pass, and that he's not in touch with the common man. Do you think that McCain, living off of his wife's fortunes and carrying around a limitless credit card with no APR feels the pain of the average American, or the man who's carefully planning and saving for the future?
Who's the real elitist here?
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