“In his most recent book, “The Audacity of Hope,” Barack Obama describes the financial trouble he faced after losing a 2000 race for a seat in the U.S. House of Representatives. He said that the campaign’s demands “had left me more or less broke,” and he described difficulty renting a car when in Los Angeles for the 2000 Democratic National Convention because his credit card was initially rejected.”
Obama accused Republican John McCain of siding with the credit card companies by supporting a bankruptcy bill that Obama opposed. (The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 made it more difficult for Americans to escape their debts through bankruptcy protection. McCain called the bill “an important step toward a fair and balanced approach to restoring personal responsibility to our federal banking system.”
Part of this credit card debt could be because McCain is nice enough to leave tips as he makes stops on the campaign trail. I wonder what Hillary and Barack Hussein’s credit card bills look like.
So, what’s the story here? Who cares how much is racked up on a credit card if they are paid off regularly and before interest kicks in. I’ve racked up thousands on mine. It means nothing. How you pay means something and that seems to be missing in this story.
"Obama reported between $50,001 and $100,000 in pensions from his work as an Illinois state legislator..."
Seven years in the Illinois State Senate gets you a pension between 50 and 100K?! And there are liberal bloggers questioning McCain's Navy pension/disability payments?