How many homes do you own?

Considering the bulk of the "family" wealth was inherited by Cindy from her father who was reputed to have major mob connections, I would say there is a chance that, yes, there were crooks involved. This is especially true if you go back to his early political races.

Considering the bulk of the "family" wealth was inherited by John (and Teddy, et als) from their father who was reputed to have major mob connections, I would say there is a chance that, yes, there were crooks involved. This is especially true if you go back to his early political races, like the 1960 Presidential Election.

Change the name and now you've got something to talk about.
 
Considering the bulk of the "family" wealth was inherited by John (and Teddy, et als) from their father who was reputed to have major mob connections, I would say there is a chance that, yes, there were crooks involved. This is especially true if you go back to his early political races, like the 1960 Presidential Election.

Change the name and now you've got something to talk about.

Is there a Kennedy running for president or are we just pulling out old chestnuts for nostalgia's sake?

You are blowing smoke.

And for your other question about mutual funds - if McCain's property holdings were all in REITs I wouldn't expect him to know what he had. Considering that isn't the case, he is completely out of touch. The fact is, Cindy McCain was in Arizona for most of their marriage and John probably has no freaking clue what they own. It doesn't interest him.
 
Paid off his and his wife's student loan debt.

Sounds like good fiscal judgement as well.

I could be wrong, but I heard today that he didn't pay them off until just this past year.

So, for the past several years, after making millions of dollars, instead of paying back the government for the loan (which was designed for people who cannot afford college) and freeing up that money to go to someone who could use it, he sat on it and took advantage of the charity of the government. Nice.

And, with all that extra money he made, how much did he donate to charity (the great man that he is - you know, the "that which we do for the least of our brethren" Obama) - his charitable donations were 1% before 2005 and 6% in 2005 & 2006. 6%!?! And he calls American's selfish and stingy?!? HE'S selfish and stingy! WE are not. Americans are the most generous people in the WORLD. How DARE he say that we're not. Just because HE is selfish doesn't mean that the good people of America aren't as stingy as he.

Hey, Obama - you're rich, selling tons of books. You and your wife are successful attorneys. How about giving a little back? You're OK with forcing OTHERS to give away their earnings. Show a little love.
 
I could be wrong, but I heard today that he didn't pay them off until just this past year.

So, for the past several years, after making millions of dollars, instead of paying back the government for the loan (which was designed for people who cannot afford college) and freeing up that money to go to someone who could use it, he sat on it and took advantage of the charity of the government. Nice.

And, with all that extra money he made, how much did he donate to charity (the great man that he is - you know, the "that which we do for the least of our brethren" Obama) - his charitable donations were 1% before 2005 and 6% in 2005 & 2006. 6%!?! And he calls American's selfish and stingy?!? HE'S selfish and stingy! WE are not. Americans are the most generous people in the WORLD. How DARE he say that we're not. Just because HE is selfish doesn't mean that the good people of America aren't as stingy as he.

Hey, Obama - you're rich, selling tons of books. You and your wife are successful attorneys. How about giving a little back? You're OK with forcing OTHERS to give away their earnings. Show a little love.

You are wrong. He isn't "rich", especially compared to the McCains or the Clintons. And his "wealth" is relatively new. He hasn't been making "millions" for years. You are making big assumptions. What a surprise.



Obamas' 2005 reported income nearly $1.7 million
By Dennis Conrad
Associated Press
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WASHINGTON, D.C. -- For the Barack Obama household, 2005 was a very good year. Not only was Obama sworn in as a freshman U.S. senator, but he reaped big bucks from book deals and his wife got her own promotion and hefty pay raise, as their total reported household income surpassed the total from seven previous years combined.

According to joint tax returns filed with the Internal Revenue Service and released to The Associated Press, the Obamas, with their two girls, had $1.67 million in total income last year - about $70,000 more than the total for all of 1998 through 2004.

Book royalties and advances brought in about $1.2 million for the senator-author whose first book, an autobiography published about a decade ago, became a best-seller during his 2004 campaign.

In late 2004, Obama landed a three-book deal worth $1.9 million with publishing houses under Random House Inc. The first book under the contract, "The Audacity of Hope: Reclaiming the American Dream," is scheduled for release in mid-October and is to focus on his political convictions and how he became the Senate's only black member.

During 2005, the Chicago Democrat's income as a public official almost tripled to $154,047, after he left the Illinois state Senate for the nation's capital.

His wife's income as an administrator at the not-for-profit University of Chicago Hospitals nearly tripled to $316,962, from $121,910.

In June 2005, she was also elected to the board of directors of Westchester-based TreeHouse Foods, which calls itself the nation's largest pickle and pepper supplier. For that, she received $12,000 and $33,000 from subsidiary Bay Valley Foods.

The Obamas' salaries took their sizable jumps roughly at the same time in early 2005. The senator started his six-year term as Illinois' junior senator in January; his wife was promoted to the hospitals' vice president for community and external affairs in March.

In moving up from executive director for community affairs, Michelle Obama became one of the hospitals' 17 vice presidents, said spokesman John Easton.

Obama said in an interview last week with The Associated Press that his wife, who, like him, is a Harvard law school graduate, was deserving of the promotion and raise.

Her previous position was less demanding, he said, and because his Senate campaign had ended and she had more time to devote to her work, she was more marketable with her educational background and other strengths.

"You can't fault her for being smarter and better qualified for all sorts of jobs than I am," he said. "She shouldn't be penalized for that."

Easton said vice presidents at the hospitals generally have yearly salaries that fall in the $290,000 to $350,000 range. He said Michelle Obama is responsible for handling relations between the hospitals and the immediate, surrounding neighborhood, with a focus on making health care more accessible to low-income families.

Lobbying is not part of the job, according to Easton, and Obama said his wife does no lobbying for the hospitals.

The Obamas' return for 2005 also showed they paid $545,614 in federal withholding and self-employment taxes but ended Dec. 31 still owing $430,867, before making their final tax payments.

They also had a state income tax bill of $1,453 after already having made $47,950 in payments and receiving credits.

For 2005, they recorded $13,385 in interest income and, from the Northern Trust Bank, $2,754 in dividends, a year after not having even one cent in either category.

Their reportable charitable giving reached $77,315, with $25,000 for the Illinois Reading Council; $20,000 for the Michelle Lee Fund, a literacy program; $16,000 for CARE, including an AIDS project in Obama's late father's native Kenya; $5,000 to the Trinity United Church of Christ and $11,315 for "miscellaneous" organized charities.

That was almost a sixfold boost over the $13,270 given during the previous seven years, which was less than 1 percent of their reported total income in that period.

The Obamas recorded payments to care providers for their children, including their employer payments to Social Security
.


Their 2006 income was below $1 million. Their 2007 income was $4.2 million, mostly book profits.
 

McCain doesn't know how many houses he owns and his wife doesn’t know how many siblings she has.:sad2:
 
Giving, service and compassion are recurrent themes on the campaign trail for Sen. Barack Obama, but the Democratic presidential contender has only recently dug deep into his own pockets to support charitable causes.

Obama has enjoyed a robust household income throughout his political career in the Illinois Senate and the U.S. Senate. But for most of that time he has reported comparatively little by national standards in charitable contributions on his tax returns, records released by Obama show.

Public attention to charitable gifts has led to uncomfortable moments for prominent political figures. Then-Vice President Al Gore came in for withering ridicule in 1998 when his tax return showed he had contributed just $353 to charity. So did then-President Bill Clinton, after a review of old tax returns revealed that he had once claimed a $75 deduction for donating a suit with ripped pants to the Salvation Army, as well as $2 for a pair of used underwear and $9 for six pairs of used socks.

Obama's household income has been inflated the last two years from the proceeds of lucrative book deals he signed shortly before entering the Senate in 2005. He pledged to turn over $200,000 of the book money to charity.

Obama charity amounts Graphic On their just-filed 2006 tax return, Obama and his wife, a hospital administrator, reported taxable income of $983,626 and claimed deductions for $60,307 in charitable donations. In 2005 they earned a combined $1.65 million and gave away about $77,300.

In 2002, the year before Obama launched his campaign for U.S. Senate, the Obamas reported income of $259,394, ranking them in the top 2 percent of U.S. households, according to Census Bureau statistics. That year the Obamas claimed $1,050 in deductions for gifts to charity, or 0.4 percent of their income. The average U.S. household totaled $1,872 in gifts to charity in 2002, according to the Center on Philanthropy at Indiana University.

The national average for charitable giving has long hovered at 2.2 percent of household income, according to the Glenview-based Giving USA Foundation, which tracks trends in philanthropy. Obama tax returns dating to 1997 show he fell well below that benchmark until 2005, the year he arrived in Washington.

Both Obama and his wife, Michelle, declined to respond to questions about their charitable donations.

Gene Tempel, executive director of Indiana's philanthropy center, said 89 percent of U.S. households give to charity each year and Americans expect to see personal generosity from public servants as well. "They have a bully pulpit to influence the behavior of others and they have an opportunity to lead by example," Tempel said.

He sure likes to give away other peoples money though....
 
"The A.F.L.-C.I.O. and the Service Employees International Union have feuded plenty in recent years, but they have banded together to help distribute and publicize a new online video that characterizes Senator John McCain as elitist and out of touch.

The four-minute video, produced by Robert Greenwald of Brave New Films, is called “McCain’s Mansions: the Real Elitist” and showcases various McCain homes and condominiums in Arizona, California and Virginia, with one valued at $4.66 million."

Checkout the McMansions video

http://therealmccain.com/
 
"The A.F.L.-C.I.O. and the Service Employees International Union have feuded plenty in recent years, but they have banded together to help distribute and publicize a new online video that characterizes Senator John McCain as elitist and out of touch.

The four-minute video, produced by Robert Greenwald of Brave New Films, is called “McCain’s Mansions: the Real Elitist” and showcases various McCain homes and condominiums in Arizona, California and Virginia, with one valued at $4.66 million."

Checkout the McMansions video

http://therealmccain.com/

Maybe someone should forward this to him so he can count his homes. ;)
 
Is there a Kennedy running for president or are we just pulling out old chestnuts for nostalgia's sake?

You are blowing smoke.

And for your other question about mutual funds - if McCain's property holdings were all in REITs I wouldn't expect him to know what he had. Considering that isn't the case, he is completely out of touch. The fact is, Cindy McCain was in Arizona for most of their marriage and John probably has no freaking clue what they own. It doesn't interest him.[/QUOTE]

so if by your own words it doesn't interest him, and his wife handles it, then why is he wrong for not knowing and stating that he would have to ask? Why would that make him "out of touch" if it is not something that he handles or concerns himself with, they why exactly is he suppossed to be "in touch" with it?
 
Americans are the most generous people in the WORLD

Yep. We are. And conservatives are more generous than liberals. Which isn't suprising, given the political philosophy of each.

A Nation of Givers
Arthur C. Brooks

Americans are remarkably charitable. But what sorts of people give the most? And how do we compare with the Europeans?

Q. How much do Americans give? Is the amount we give going up?
A. In 2006, Americans gave about $295 billion to charity. This was up 4.2 percent over 2005 levels, and charitable giving has generally risen faster than the growth of the American economy for more than half a century. Correcting for inflation and population changes, GDP per person in America has risen over the past 50 years by about 150 percent, while charitable giving per person has risen by about 190 percent. That is, the average American family has gotten much richer in real terms over the past half century, and charitable giving has more than kept pace with this trend.

Q. So where do the donations go?
A. A large majority of U.S. citizens donate money each year to houses of worship and charitable organizations. Most estimates place the percentage of American households that make monetary contributions each year at 70 to 80 percent, and the average American household contributes more than $1,000 annually. But it is not the case that American giving goes entirely—or even mostly—to religious institutions. About a third of individual gifts go toward sacramental activities, primarily supporting houses of worship. The rest goes to secular activities, such as education, health, and social welfare.

Q. Are Americans more or less charitable than citizens of other countries?
A. No developed country approaches American giving. For example, in 1995 (the most recent year for which data are available), Americans gave, per capita, three and a half times as much to causes and charities as the French, seven times as much as the Germans, and 14 times as much as the Italians. Similarly, in 1998, Americans were 15 percent more likely to volunteer their time than the Dutch, 21 percent more likely than the Swiss, and 32 percent more likely than the Germans. These differences are not attributable to demographic characteristics such as education, income, age, sex, or marital status. On the contrary, if we look at two people who are identical in all these ways except that one is European and the other American, the probability is still far lower that the European will volunteer than the American.

Who gives the most in America: conservatives or liberals?
A. There is a persistent stereotype about charitable giving in politically progressive regions of America: while people on the political right may be hardworking and family-oriented, they tend not to be very charitable toward the less fortunate. In contrast, those on the political left care about vulnerable members of society, and are thus the charitable ones. Understanding “charity” in terms of voluntary gifts of money (instead of government income redistribution), this stereotype is wrong.

The fact is that self-described “conservatives” in America are more likely to give—and give more money—than self-described “liberals.” In the year 2000, households headed by a conservative gave, on average, 30 percent more dollars to charity than households headed by a liberal. And this discrepancy in monetary donations is not simply an artifact of income differences. On the contrary, liberal families in these data earned an average of 6 percent more per year than conservative families.

These differences go beyond money. Take blood donations, for example. In 2002, conservative Americans were more likely to donate blood each year, and did so more often, than liberals. People who said they were “conservative” or “extremely conservative” made up less than one-fifth of the population, but donated more than a quarter of the blood. To put this in perspective, if political liberals and moderates gave blood like conservatives do, the blood supply in the United States would surge by nearly half.

Donations%20by%20Americans-%202006-2.jpg


http://www.american.com/archive/2008/march-april-magazine-contents/a-nation-of-givers
 
You are wrong. He isn't "rich", especially compared to the McCains or the Clintons. And his "wealth" is relatively new. He hasn't been making "millions" for years. You are making big assumptions. What a surprise.
.


The Clintons were not rich when Bill was Governor either, that money came later.
 
McCain’s Budget Would Create Largest Deficit In 25 Years, Largest Debt Since WWII»

Sen. John McCain promises that, as president, he would “cut taxes and balance the budget.” But his current economic plan would create deficits as deep as 5.7% of GDP by the end of a two term presidency — the highest federal budget deficit in 25 years — and would accumulate the biggest debt since the second World War, according to a new analysis by the Center for American Progress Action Fund. McCain’s current fiscal plan would recklessly exacerbate the fiscal irresponsibility of the Bush Administration further by gutting revenues far below the average level of the past 25 years.

For the past 25 years, deficits have never been more severe than 5% of GDP, with surpluses as high as 2.4% of GDP in the year 2000. Under McCain, yearly deficits would increase sharply, beginning with $505 billion in FY2009 (3.4% of GDP) and skyrocket to $1.2 trillion (5.7% of GDP) by FY2017. In 2018 these deficits would reach 6% of GDP, tied with the largest deficits since WW2 in 1983. Current Bush policies would keep the deficit in 2017 to $660 billion (3.1% of GDP)"

http://thinkprogress.org/wonkroom/2008/05/15/mccain-deficit/


McCain is a pale resemblance of the man he use to be. He is sucking up to anyone and anything to get elected. Not because of patriotism but ambition.:eek:
 
How do I count the ways...Let's see, first John Kerry was totally smeared by the RNC and its supporters because he happened to be married to a wealthy wife and that was completely unacceptable - but now it is completely okay that Cindy is so wealthy, because well just because we've completely changed our minds and standards. Then conservatives are constantly trying to show what an "elitist" Obama is, when the true elite is McCain, but once again, different standards changed and adjusted to fit your scenario. The list just goes on and on. You can't see the total hypocrisy in some of these ridiculous Obama bashing threads that will discuss anything except real issues?
Actually, I think both candidates are pretty elite.

The Mccains are probably richer thanks to Mrs.McCain's family money. Of course, I don't know how they set up their pre-nup, so maybe that remains "her" money and not his. I have friends who have his and her money...of course, they aren't worth millions, but they do keep it all separate.

The Obamas aren't doing too bad either though. I doubt they are going to need to jump intot he food stamp line any time soon.
 
Should Obama ask McCain how many houses he has when his brother lives in a shack on a $1 per month?

Haven't we already covered this? No one knew where this brother was and what he was doing, including his mother. Pretty difficult to help someone when they disappear on you.
 
Paid off his and his wife's student loan debt.

Sounds like good fiscal judgement as well.

Actually there are those that will tell you that since the interest rates on student loans are usually so favorable that it is better to put money into a higher yield savings/investment/retirment fund.

At least that is the financial advice my nephew has gotten for his $185,000 worth of student loans. He's a veterinarian.
 


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