Cindy McCain Racks Up $750,000 Credit Card Charge In 1 Month.

United States
July 2, 2008 8:44pm CST
According to the website Politico.com, Cindy McCain racked up $750,000 in credit card charges in one month. Her credit card bills peaked between January 2007 and May 2008, during which time Cindy McCain charged as much as $500,000 in a single month on one American Express card and $250,000 on another, while one of their two dependent children had an AmEx card with a monthly balance as large as $50,000. In my opinion, it's her money and she can spend it however she sees fit. However this brings up a few questions for me. #1. With average Americans suffering with the high costs of fuel and fuel, dealing with record amounts of foreclosures and facing outragous medical costs, do you think that the John and Cindy McCain can really relate to the average American? #2. With both Hillary Clinton and John McCain painting Barack Obama as as elitest, how would people respond if Mitchelle Obama had racked up similiar charges? #3. Does Cindy's spending habits really matter or is this just another left wing political attempt to smear her and John McCain? What do you think? Here is the link to the online article. http://www.politico.com/news/stories/0708/11477.html Lloyd http://www.politico.com/news/stories/0708/11477.html
5 people like this
8 responses
• United States
3 Jul 08
Don't you wish politicians would stick to politics? No matter what candidates or their wives spend, it's not our business. They're not running for office! I'm a little bit jealous, because this economy has left me in a position of not being able to make ends meet, but more power to her. Are we supposed to change our opinions on any candidate's platform because they have lots of money or free-spending wives, or anything else that has nothing to do with their political plans? Sorry; I don't care!
• United States
3 Jul 08
I really do wish politicians would stick to politics. However, the politics of personal destruction is part of the process these days. You are not the only one having a difficult time making ends meet. I do think that the free-spending habits of candidates or their wives can affect the opinion of voters. Hopefully we'll get back to the real issues that affect the American people. Lloyd
3 people like this
@baileycows (3665)
• United States
3 Jul 08
I think that their spending habits do matter if they have access to Americans money and start mooching. However I think this was just to smear their name. But what could she possible be buying for 750K in one month and to put it on a credit card. Who has limits like these? I have never heard of such high limits.
3 people like this
@tigertang (1749)
• Singapore
3 Jul 08
Lloyd, you are absolutely right. Bill Gates and Warren Buffet would not spend money in that manner because they know about this thing called financial discipline and value. It's the reason why these gentlemen got as they got in the first place. OK, to be fair to Cindy, if she's paying off her bills or John is a nice husband and pays for the bills out of his own pocket, then who are we quibble about what they spend and don't spend. It is as they say, their money and they can do what the hell they want to do with it. However, let's remember that John McCain is running for President of the most powerful country in the world. Say what you like about the right of privacy, but when you want to become more powerful than anyone else, you lose your right to privacy. For better or worse, the public believes that it is their right to know every little thing about you. So, we have several issues at hand: a - America is currently suffering from a major credit crunch. For years, the US consumer has been living beyond his or her means and enjoying life on easy credit. Now that the credit is not so easy, people are starting to feel the pinch. The President needs to have the gut to be able to tell people to get their financial house in order - ie reduce your debts and learn to live within your means. How can be be expected to that if his own wife is running up credit card debts on things most people consider frivolous? b - He has to make sure that there is no doubt in anyone's minds that these bills are either non existent or being paid out of his or her or both their pockets. Any suggestion, regardless of how true, that these bills are being settled by the tax payer will crush a McCain campaign and hurt a McCain Presidency. So from here, I think the good Senator needs to confront the issue and discuss them openly. Every potential smear could be lethal to his chances of getting to the White House and so he's got to be quick to address the gossip about him both in the online and off line worlds.
• United States
3 Jul 08
You make a good point. If a family can spend nearly a million dollars per month out of their own funds, then maybe they view the funds of the taxpayer as a larger credit card. No matter how wealthy you are, spending that kind of money per month seems irresponsible. I bet you that Bill Gates wouldn't spend his money in that fashion. Lloyd
3 people like this
@lingli_78 (12822)
• Australia
3 Jul 08
wowww... that is really lots of money she spends in a month... i don't even spend 1/10th of what she spends in a month... i don't have that much money as hers... anyway, since you say that she has the money, she can spend it anyway she likes.... and we can't say anything... take care and have a nice day...
3 people like this
• United States
3 Jul 08
That really is a lot of money to spend in one month. You are right, it's her money and she can do with it what she wants. I just never want to hear Barack Obama being called an elistist again. Lloyd
1 person likes this
@Aussies2007 (5336)
• Australia
3 Jul 08
When politicians don't have any policies... they start mud slugging and bad mouthing their opponents. It's classic. First... while there is a need to make sure that politicians don't have a business or investment venture which could profit from their position in politics... I do not think it is anyone business to know how much they are spending on their credit card. Particulary when you don't know what the credit card was used for. Many business people use their credit cards to purchase things for their business... or pay the bills for the business. I have heard of quite a few people with a $100.000 limit... and those people were not multi millionnaire by any mean. I knew a guy who would purchase $100.000 of stocks for his business on his American Express Card every month. And one of the reasons he did it... was that he was getting Fly by points for using the card.
• United States
3 Jul 08
In this case I don't think it's the politicians who uncovered Cindy McCains spending habits. It was the press who reported it. I also don't think it's anyone's business, but we have to be fair. You know that the right wing would have a field day if the sitution were reversed. For some reason I don't think all these charges were to pay bills. Hopefully we'll have full disclosure, the same way that John Kerry and Teresa Heinze were forced to disclose. Lloyd
1 person likes this
@anniepa (27955)
• United States
3 Jul 08
Lloyd, I'm sorry, it seems like we were probably typing nearly identical discussions at the same time! I really didn't try to copy you or beat you to the punch, honest...lol! Anyway, I can't argue with you or the other posters who have said it's her money and her business what she does with it but I think if I were able to rack up those kinds of credit card charges and if I were able to let my children spend more in a month than the average working person makes in a year I'd probably refrain from calling my opponent an elitist and accusing him of being out of touch. That's the only thing that makes this an issue at all. I just read in a magazine article that Michelle Obama shops at Target; I doubt that Cindy McCain knows what a Target is unless she's a major shareholder. If I had an extra house - or four or five - to wager I'd bet one that she's never lowered herself to shop there! Annie
2 people like this
• United States
3 Jul 08
Hi Anniepa. I did a search on Cindy McCain here at myLot before I posted. I had just seen the story on MSNBC and did some quick research. Don't worry, these things happen. I swing over to your forum and reply after posting here. Anyway, like you said, it's her money and she can do whatever she wants to do with it. It is kind of hypocritical to refer to your opponent as elitist when you show all the signs of aristocracy. I also saw somewhere that Mitchelle Obama shops at Target. I can relate to that kind of spending a little better. I really doubt that Cindy McCain would enter a Target store. Just my opinion. Lloyd
3 people like this
@ZephyrSun (7381)
• United States
3 Jul 08
That's pretty interesting that the children spend monthly, as much if not more than what a good majority of Americans earn yearly. I wonder how McCain's poor supporters feel about that. I don't know but I personally would be concerned because our debt as a country is pretty bad and if McCain has no problem with his family spending that much money, how much will the US be spending on a daily basis?! All I can say is it must be nice to spend that much money in a single month.
• United States
3 Jul 08
I think this just shows that there is a huge gap between the wealthly and regular Americans. When I used to get an allowance it was a couple of dollars a week. I can't even relate to spending $50,000 in one month. Those lower income people who support McCain will probably continue to support him because they believe in his policies. You are right when you say "it must be nice to spend that much money in a single month". Lloyd
3 people like this
@mtdewgurl74 (18151)
• United States
26 Jul 08
Are you serious? What in the world would someone want to spend that much in one month most people don't see that much in a lifetime. It just goes to show you that they are about the money alot also. $50,000? for a month? That is more then some people get in a year of working their tails off in hard labor work that is back breaking and to just see someone run though that much money as though it is nothing just pees me off a bit. They are people out their going without and falling behind and going into debt and losing their homes but they seem to have the money to throw around as though it was nothing and probably on things that mean nothing to them. I think they should have put that money to good use. I am sure if Michelle did do that she would be called a waster,and all kinds of stuff. But I think that McCain needs to reel in his wife's spending habits..and hos other family.
@underdogtoo (9579)
• Philippines
3 Jul 08
As far as I'm concerned, the politicians can do whatever they want with their own money. I have no problem with that. If they spend something which does not belong to them then I am sure everyone would pounce on them. There are laws that protects public money from corrupt officials and everyone should be vigilant and guard against abuse and misuse of public funds. Otherwise, I don't care if they spend all their money in one month, even one day or one hour.
1 person likes this