The government subsidies behind Cindy McCain's family fortune

(I admit the reason I'm posting is this is because the image is funny.)

John McCain has made no bones about his disgust for greed. But as Senior Editor Radley Balko reports, his wife Cindy's fortune comes from a government-created entity that’s anti-competitive and full of lobbyists and special interests.

Radley Balko on the Government Subsidies Behind Cindy McCain's Family Fortune from Reason Magazine - Hit & Run

[#1 posted by devophill , October 15, 2008 9:57 PM]

Well, I guess I should have saved that Dr. Housing (was that it?) interview before it went down the memory hole...

[#2 posted by Richard Metzger , October 15, 2008 10:07 PM]

The Dr. Housing Bubble interview's formatting was messed up, so I yanked it and fixed it. It'll be back in a minute!

[#3 posted by qurve , October 15, 2008 10:38 PM]

Obviously that is the fault of the guy who has no controlling interest in the company and proves he is unfit to be president.

I'm sold on Obama now!

[#4 posted by noen , October 15, 2008 11:10 PM]

This is how all large corporations are, they cannot exist without massive government subsides. It's one of the great lies that corporations succeed through honest and fair business practices and personal integrity. Right up there with "anyone can be president."

The corporate motto:
Socialism for me, capitalism for thee.

[#5 posted by Doran , October 15, 2008 11:12 PM]

For some reason, I'm thirsty now.

[#6 posted by Takuan , October 15, 2008 11:19 PM]

It has always disgusted me that this totally obvious truism escapes so many who willing vote for their oppressors in the blind belief that they too have some chance to be wealthy.

[#7 posted by PaulR , October 16, 2008 4:14 AM]

"John McCain has made no bones about [claiming] his disgust for greed". FIFY.

You should read the Rolling Stones piece on McCain.

Make-Believe Maverick
A closer look at the life and career of John McCain reveals a disturbing record of recklessness and dishonesty
By TIM DICKINSON

http://www.rollingstone.com/news/coverstory/make_believe_maverick_the_real_john_mccain

[#8 posted by PukeBazooka , October 16, 2008 5:07 AM]

On a somewhat related note, here is a nice hour long talk by journalist David Cay Johnston in which he discusses in a broader sense the problems with many subsidies and anti-trust exemptions:

http://wordforword.publicradio.org/programs/2008/07/25/

[#9 posted by Pipenta , October 16, 2008 6:06 AM]

This was a very interesting and educational article; food, err, a draught for thought.

[#10 posted by Takuan , October 16, 2008 6:44 AM]

as Noam has it:
"The United States has essentially a one-party system and the ruling party is the business party."

[#11 posted by sonny p fontaine , October 16, 2008 9:29 AM]

this hits the nail on the head and fairly explains global economics from the rise of the british empire. never forget "the business of america is business"

[#12 posted by Harrkev , October 16, 2008 9:35 AM]

McCain has abstained on voting for legislation involving the alcohol industry.

Of course, if he planned on running for president some day, he never should have married a lady who is involved with the alcohol industry, because they hire lobbyists. Get real! There are several reasons to dislike McCain, but this is honestly not one of them.

[#13 posted by IronyElemental , October 16, 2008 9:49 AM]

Sarah "Joe Six-pack" Palin accepts offer to run for VP with John "Married a Beer Heiress" McCain.

Coincidence? I think not, sir. Good day.

[#14 posted by Thinkerer , October 16, 2008 1:54 PM]

"Joe the Plumber" seems to have appeared out of thin air to spare the McCains a lot of questions about "Joe Six Pack" who is paying a tithe on every bottle for John's $500 loafers.

[#15 posted by ausuchinu , October 16, 2008 9:20 PM]

Nw pls spn fr s hw Mchll bm's slry mrclsly wnt frm $120,000 3 yrs g t th nrly $400,000 pr nnm rkd n nw. Tht's prfctly nrml. (ps dd blsphmy?)