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I've been concerned that there are too many rumors going around about John McCain and I wanted to help set the facts straight. Please forward this email to everyone you know. THE LIE: Combined, the McCain family has has a credit card balance that is more than $750,000 and their interest rate is 24.49%. THE TRUTH: The McCains pay off their credit card bills on a monthly basis. The $750,000 figure is also wrong, though it is true that between January 2007 and May 2008, one of the credit cards did reach $500,000 and another reached $250,000. Also, with a combined net worth over $100 million, most of the credit cards did not have any interest payments at all. Only their Visa, Mastercard, and Saks Fifth Avenue cards (monthly balances ranging between $15,000 and $50,000) charged interest. ::: ::: THE LIE: McCain purchased two separate $4.7 million dollar condos in San Diego for their own enjoyment. THE TRUTH: The combined cost of the two condos was $4.7 millon, and one of them was for the kids. ::: ::: THE LIE: The McCains spent over $500,000 in 2007 on household staff, such as maids and butlers. THE TRUTH: They increased their household staffing budget from $184,000 in 2006 to only $273,000 in 2007. ::: ::: THE LIE: The McCains spent $11 million between the summer of 2004 and February 2008 on 13 different residences. THE TRUTH: They spent $11 million acquiring five residences. ::: ::: THE LIE: The McCains inherited a business worth $1,000,000,000 from relatives. THE TRUTH: The McCains inherited assets worth more than $100,000,000 from relatives, but those assets are unlikely to be worth $1,000,000,000. ::: ::: THE LIE: John McCain crashed former President George H.W. Bush's golf cart while wearing a pair of $520 Salvatore Ferragamo 'Pregiato' Moccasins. THE TRUTH: President Bush was driving the golf cart, not McCain. ::: ::: THE LIE: John McCain gambles away hundreds of thousands of dollars at the craps tables in Las Vegas. THE TRUTH: While John McCain does frequently play craps in Las Vegas in continuous 14-hour sessions, it is unlikely that he has ever gambled away $100,000 in a single session.
