brickity hussein brack asked:
If they are what does that say about John McCain and his outrageous credit card debt?
If they are what does that say about John McCain and his outrageous credit card debt?
http://thehill.com/campaign-2008/mccains-report-more-than-100000-in-credit-card-debt-2008-06-13.html
This guy is married to $100 million, and is still putting off paying his credit cards? Maybe he’s taking the “I’m old, maybe I can just spend like no tomorrow because I’ll be dead soon” approach to personal finance. If he does that with his own finance, who’s to say he won’t do it in the White House?
Meanwhile, Barack and Michelle are carefully setting money aside for their children’s education down the line.
Alice
#1 by socialism sucks on September 4, 2010 - 7:52 pm
Tanya
No…just stop. Balancing a budget for a federal government is a huge difference from balancing your check book
#2 by Canadamama(3!?) on September 6, 2010 - 9:23 am
Nicholas
I love how when you make sense and then back it up with facts – the Cons tell you to stop. “Yeah, well, that pretty boy Edwards cheated on his wife! And…it doesn’t count that McCain did!”
#3 by Visualscape on September 6, 2010 - 11:54 pm
James
lol
He is running for President of the United States last time I checked… and, while I was checking, I found out that the President has no power to spend any US money.
It turns out that Congress has that power! The most the President does is draft economic plans and submit them to Congress… they are the ones who ultimately approve, amend, append, whatever a particular bill. To top that off… the President usually has staff members that prepares such things.
Executives have secretaries, McDonald’s managers have employees and janitors have mops. Basically, most of the time, someone other than the person in charge is doing the actual work. The leader’s job is too ensure that you have picked the right people and that they are working as they should.
Bottom line though, Congress has the responsibility for the US economy. The President is the Commander in Chief
So, do his finances scare me with him being a potential president? Nope.