Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Politics and Other Controversies > Elections
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 06-14-2008, 07:33 PM
 
69,368 posts, read 64,108,083 times
Reputation: 9383

Advertisements

Mrs McCains debt is not John McCains debts. They have a prenumptual, and considering that she owns and runs a $100,000,000 company, debt isnt bad.

The story says that they have multiple cards and that one of the card holds a balance of $250,000, and another one holds $100,000 in debt, but their total debt = $225,000. If my math is correct $250,000 + $100,000 = $350,000, not $225,000.

In addition, when does our childrens debts become our liabilities? They arent.

Not all debt is bad debt, if I can hold $250,000 in credit card debt and be worth hundreds of millions of dollars, I want to know where I can sign up..

To make a comparison that Obama would be better for our national debt based upon personal debt, is such a rediculous argument that I wont even comment..

Darn, I just did.
Reply With Quote Quick reply to this message

 
Old 06-14-2008, 07:35 PM
 
31,683 posts, read 41,040,852 times
Reputation: 14434
Quote:
Originally Posted by jmarquise View Post
why aren't they paying it off? laziness?
Depending on how much scrutiny the media gives it will be a question to be asked. It just raises questions that may have perfectly plausible answers but he doesn't need it now.
Reply With Quote Quick reply to this message
 
Old 06-14-2008, 07:35 PM
 
69,368 posts, read 64,108,083 times
Reputation: 9383
Quote:
Originally Posted by jmarquise View Post
why aren't they paying it off? laziness?
Who's to say they dont, and just ring up the cards monthly. I pay mine off every month and hold quite a bit of debt.
Reply With Quote Quick reply to this message
 
Old 06-14-2008, 07:37 PM
 
31,683 posts, read 41,040,852 times
Reputation: 14434
Quote:
Originally Posted by pghquest View Post
Actually the story is false.

Mrs McCains debt is not John McCains debts. They have a prenumptual, and considering that she owns and runs a $100,000,000 company, debt isnt bad.

The story says that they have multiple cards and that one of the card holds a balance of $250,000, and another one holds $100,000 in debt, but their total debt = $225,000. If my math is correct $250,000 + $100,000 = $350,000, not $225,000.

In addition, when does our childrens debts become our liabilities? They arent.

Not all debt is bad debt, if I can hold $250,000 in credit card debt and be worth hundreds of millions of dollars, I want to know where I can sign up..

To make a comparison that Obama would be better for our national debt based upon personal debt, is such a rediculous argument that I wont even comment..

Darn, I just did.

Read the NYT article Senators report the debt by range and I believe they low balled it so as not to be accused of overstating. I didn't say who was better I asked the question and it would appear you believe McCain.
Reply With Quote Quick reply to this message
 
Old 06-14-2008, 07:37 PM
 
Location: Chicagoland
41,325 posts, read 44,944,793 times
Reputation: 7118
Do we really think she is not able to pay off her credit cards.

I'm also sure with her income and credit line, she has a very low interest rate.
Reply With Quote Quick reply to this message
 
Old 06-14-2008, 07:37 PM
 
Location: Wilmington, NC
8,577 posts, read 7,850,694 times
Reputation: 835
Quote:
Originally Posted by pghquest View Post
Who's to say they dont, and just ring up the cards monthly. I pay mine off every month and hold quite a bit of debt.
no problem in that. it's good to build up your credit. I just choose to not put anything on credit!
Reply With Quote Quick reply to this message
 
Old 06-14-2008, 07:37 PM
 
Location: Raleigh, NC
9,059 posts, read 12,971,196 times
Reputation: 1401
Quote:
Originally Posted by jmarquise View Post
why aren't they paying it off? laziness?
Senility?
Reply With Quote Quick reply to this message
 
Old 06-14-2008, 07:38 PM
 
20,187 posts, read 23,855,247 times
Reputation: 9283
No... there is probably a reason... I just don't know what it is exactly... could be anything... could be for a bad reason, could be for a good reason... could be something to do with their taxes... could be something related to "business" expenses... could be anything, don't really know...
Reply With Quote Quick reply to this message
 
Old 06-14-2008, 07:39 PM
 
69,368 posts, read 64,108,083 times
Reputation: 9383
Quote:
Originally Posted by TuborgP View Post
Read the NYT article Senators report the debt by range and I believe they low balled it so as not to be accused of overstating. I didn't say who was better I asked the question and it would appear you believe McCain.
I dont think McCain has denied his debt. What exactly am I supposed to believe?

This would be like comparing the amount of debt Trump has, I mean business individuals live off of debt..
Reply With Quote Quick reply to this message
 
Old 06-14-2008, 07:40 PM
 
3,758 posts, read 8,441,078 times
Reputation: 873
Years ago, I had a friend that was a debt collector who said people with less money paid their debts better than people with lots and lots of money.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Politics and Other Controversies > Elections

All times are GMT -6.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top