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What McCain's investing strategy reveals about his character. - By James Ledbetter - Slate Magazine
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"Briefing News & Politics Arts Life Business & Tech Science Podcasts & Video Blogs HOME / moneybox : Commentary about business and finance. McCain and His Money What the candidate's investing strategy reveals about his character. By James Ledbetter Posted Friday, April 25, 2008, at 12:27 PM ET John McCain "The issue of economics is not something I've understood as well as I should," John McCain famously said in December. The senator's lack of focus doesn't seem to be limited to macroeconomics; it also extends to his personal finances. It's fair to say that the Republican nominee has as little hands-on experience with household finance as anyone ever elected president. McCain's financial inexperience may explain why his attempts to discuss economics—such as his rapid flip-flop on the need for bailing out homeowners, his pandering suggestion to suspend the gasoline tax, or his happy talk on balancing the budget—sound so tin-eared. PRINT DISCUSS E-MAIL RSS RECOMMEND... SINGLE PAGE Facebook MySpace Mixx Digg Reddit del.icio.us Furl Ma.gnolia Sphere StumbleUpon CLOSE As with Sens. Clinton and Obama, McCain's personal wealth is dwarfed by that of his spouse. Cindy McCain has assets worth an estimated $40 million, based on information McCain has provided annually in Senate financial-disclosure reports . Compared with his wife, McCain is decidedly middle-class. Based on his tax return , he collects his Senate salary ($161,708), a Navy "
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