Cindy McCain and her Keating Connection..
What a wonderful world we live in.
PHOENIX—Sen. John McCain’s wife and father-in-law continued a lucrative business partnership with disgraced financier Charles H. Keating Jr. for 11 years after the GOP presidential nominee said he ended his close friendship with Keating in March 1987.
Cindy McCain’s business partnership with Keating in a real-estate development between 1986 and 1998 netted her a tidy profit, in addition to years of significant tax benefits. Her father, who died in 2000, earned similar returns.
Oh look another lie, what a shocker.
On Monday, McCain’s attorney, John Dowd, said in a conference call with reporters that McCain was not aware of his wife’s and father-in-law’s investment with Keating at the time it was made. “John was unconnected to that and unaware of it at the time and did not participate in it,” Dowd said.
However, during the Keating Five Senate Ethics Committee hearings in 1990-91, McCain testified that he was aware of the family investment with Keating in early 1986.
Oh wait, it wasn’t McCain that lied, just the people he hired. No biggee, that says nothing about his judgement or leadership. I hear he was a POW!
Hey, did you know Obama is a communist!
I find Cindy McCain pretty disgusting, with her convenient re-writing of history and attacks on Michelle Obama. Hopefully after the election we’ll never have to hear from her again.
…plus she is a islamy terrorists. Kill HER!!!
Actually, it’s beginning to look like Cindy is the one in charge.
Why is everyone surprised when we find that REPUK’s and their wives are in slimy deals. It’s a way of life for them just look at the mess they got us into now
Trollop!
An important question. Was Sen McCain involved in the deals with Mr Keating?
How does this compare with Biden selling his house more than $150k over market price to the MBNA President? Or Biden’s son drawing a $100k salary a year with no defined duties?
So, Mike, your position is that rich candidates are better, since they wouldn’t have to accept cash from the rich sphincters they’re doing favors for?
If you ever want to get elected, I’d suggest you stop parading these twisted views before the electorate.
Could Protack be any more ridiculous? Rhetorical question, btw.
We call him Mr. Pink from now on….
Mike P. lives in the alternate reality of McCainworld where the economic problems are all caused by Saul Alinsky, Barack Obama, ACORN, Weather Underground, islamofascists, Fannie and Freddie. Yep, all those banks were victims of poor people buying houses.
Mike P.
You’re peddling lies about Biden’s real estate dealings. “Market” prices vary widely for homes, even in the same neighborhood. If you’ve ever had multiple appraisals done on a property, you know that they can vary widely, often +/-25%.
Just. Stop. It.
anonone
in all fairness, there is quite a bit more to Biden getting a sweet deal or two in and around his neighborhood.
the “distressed” Dupont Property he purchased for a song was shadey
OMG, Donbitty, I think that was genuine objectivity! Maybe little Dominic is having a positive influence on you!
Anonone – I’ve worked in the real estate industry for several years and I’ve never seen multiple appraisals of the same property vary by anywhere near 25%. Ever.
FTR, I’m a fan of Biden’s. In fact, if the ticket was flipped, I could support it.
Donsquishy,
Since I know you like facts 🙂 I was looking at this article:
http://www.delawareonline.com/apps/pbcs.dll/article?AID=/20080906/NEWS02/809060343/1007
The question about the “market” price was raised by a repub, and not substantiated by anybody else.
In fact, “The senator also made public a 1992 document from Delaware Appraisal Group — prepared when Biden was co-signing a loan for his sons’ college education — which set the home’s value at $1.2 million.”
All the charges about the home being sold at an inflated price come from conservatives – and they are false. Who ya gonna believe – professional home appraisers or conservative repubs who hate Biden?
At the time of the other sale (the mid-90’s) the Delaware real estate market was flat, so that he purchased the second property at what it sold for several years before is perfectly reasonable.
Finally, corporations often sell houses below market to move them quickly, particularly if they had to buy it from the employee. I know of a beautiful house that was sold for $230k in the late 90s in Sharpton by a corporation that had purchased it for $290k after the transferred employee couldn’t sell it. That was well below market value and no politicians were involved.
Now that’s a reasonable explanation, anonone. Thank you.
the only problem is that my father was a real estate agent and sold a decent amount of property back in the 70’s and 80’s and as always there is a little more to the properties he bought and who he bought them from.
I believe the home he purchased sat vacant for a little while and wasn’t it part of a Bankruptcy with a DuPont that was going through a divorce and was trying to protect it’s assets or something to that effect.
He got a sweetheart deal from a Dupont. What a shocker, in North Wilmington over in an area that the DuPonts own (ed) a ton of land and still do.
I could be wrong, but isn’t one of the properties he owns over there a former dupont heir home?