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Wait wait wait - Joe WIlson of 'you lie' fame has a pile of credit card debts

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malaise Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-01-11 04:04 PM
Original message
Wait wait wait - Joe WIlson of 'you lie' fame has a pile of credit card debts
Say it isn't so!! :rofl: :rofl: :rofl:

http://commonsensej.blogspot.com/2011/07/joe-wilsons-finances-case-of-shoddy.html
<snip>
WASHINGTON — A state Republican congressman who has accused the Obama administration of being fiscally irresponsible owed between $165,000 and $325,000 in loans and credit-card debt last year.
U.S. Rep. Joe Wilson of Spring-dale reported the debts on his recently released personal financial disclosure statements for 2010.
Congressional lawmakers are required to file the statements each year. The statements report assets in broad ranges and are not required to include a lawmaker’s primary residence. Wilson’s statement shows he owed between $165,000 and $325,000 in six personal loans, one home-equity loan, and credit card debt.
Wilson reported total liabilities between $765,000 and $1.57 million. That includes two mortgages — each worth between $250,000 and $500,000 – for properties in Washington and Sapphire, N.C., and a mortgage worth between $100,000 and $250,000 for property in Springdale.
Wilson’s report shows “he is almost certainly under some (financial) pressure,” said Sheila Krumholz, executive director of the Center for Responsive Politics in Washington.
“This report raises more questions than it answers,” she said.

On June 22, he delivered a floor speech accusing the administration of “spending and borrowing money at a reckless rate.”
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Swede Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-01-11 04:05 PM
Response to Original message
1. An interest rate increase will kill him.
:nopity:
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Snoutport Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-01-11 04:06 PM
Response to Original message
2. idiot. (him, not you)
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monmouth Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-01-11 04:06 PM
Response to Original message
3. Too delicious. Karma creme brule (sp?)...n/t
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malaise Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-01-11 04:18 PM
Response to Reply #3
6. Delish is an understatement
:fistbump:
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tsuki Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-01-11 04:08 PM
Response to Original message
4. Well, I guess he and Rep. Deadbeat Dad need to form a new caucus,
the Caucus of the Financially Irresponsible.
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malaise Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-01-11 04:10 PM
Response to Reply #4
5. Word is that about seven of them shouldn't use the words
fiscally responsible

http://blogs.cfed.org/cfed_news_clips/2011/06/some-republican-freshmen-in-co.html
<snip>
Members of the firebrand class of Republican freshmen on Capitol Hill -- elected on a pledge to attack the U.S. debt problem -- have, in some cases, accumulated tens of thousands of dollars in personal debt, according to financial documents released Wednesday.

Among the 87 new GOP members of Congress, the documents show, at least 30 had liabilities totaling $50,000 or more in 2010.

Those debts included large mortgages on investment properties, as well as student loans and credit card balances. At least seven freshmen had credit card debt exceeding $15,000.

The newcomers have helped press a simple GOP message about the public debt: The country has too much and must reduce its burden immediately. These documents seem to show that, in their private lives, some freshmen took a more nuanced view: Debt could be useful, when put toward furthering ventures in real estate, farming or other businesses.
-----
This is hilarious - all politics all the time.
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CTyankee Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-01-11 04:26 PM
Response to Original message
7. How much is his Tiffany's bill?
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malaise Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-01-11 05:13 PM
Response to Reply #7
9. LOL
:rofl:
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Blue Owl Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-01-11 04:26 PM
Response to Original message
8. The Plastic Republicans strike again
n/t
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