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Laughable: How McCain Abuses The Humor Card
The Huffington Post | Full News Feed — ... This week, the humor crutch is being leaned on again. As initial reports out of the Rick Warren's Saddleback Forum made note of McCain's definition of "the rich" as those who earn more than $5 million in annual salary, we're now told the key to understanding the candidate's answer to a serious question is that he was only joking. ...

McCain says you're "rich" when you make $5m a year
AMERICAblog News| A great nation deserves the truth — Weird. Though Obama said it's when you make $250,000 a year. I'd posit another definition. Look at people's personal wealth - income from all sources, money saved for retirement, value of their home and other assets, debts, cost of living where they live - then decide if they're rich. It's simply phony to compare someone who lives in NY or DC to someone who lives in Topeka, and only look at their salaries. It's even phonier to look at someone who put themselves through 8 or more years of university and is paying that debt off for 15 years, and not count their debt against ...

People Who Live in Seven Glass Houses….
Political Punch — ... "Who's he talking to?" Obama asked. Then he cited McCain's "joke" from the forum at Saddleback Church when he offered to Pastor Rick Warren the definition that someone who's rich is someone who makes $5 million a year . "I guess if you're only making $3 million a year then you're middle class," Obama said. "I guess that's what he meant." Obama then cited the ...

The McCain-Obama house debate pins the gaffe-ometer
Top of the Ticket — ... . "It's condominiums where — I'll have them get to you." The staff response: Four homes. The reality: Seven homes. Not a good flub for the candidate who the other day defined (in a joke, the campaign said later) being rich as making $5 million a year (what's so bad about $4 million?), and whose economic surrogate thinks most voters concerned about their own deteriorating financial well-being are just a ...

Mitchell Bard: August 21, 2008: The Day John McCain's Campaign Died
Politics on HuffingtonPost.com — ... for a candidate to be "average" is insane, but that's a discussion for a different article.) Yesterday, McCain had his windsurfing moment. When asked how many houses he and his wife owned, McCain said he didn't know and would have to check with his staffers. After the McCain campaign said the answer was at least four, Obama later happily pointed out that, in fact, the McCains had seven homes. If McCain's remark last week at Rick Warren's values forum about $5 million being the threshold for being "rich" (watch for yourself here) didn't sink ...

Math Hurts Head
Sadly, No! — ... Remember when McCain said his definition of ‘rich’ is people who make $5 million or more a year? A pal of mine pointed out last night that high-yield savings account interest rates top out at about 4%. That means you’d need about $125 million in the bank to get back $5 million a year. ...

America: Yours, Mine, and Ours - Pt. 1
The Republic of T. — ... — reversing a trend of upward mobility that began in the previous decade and ended around the time this one began. It’s light years away from the America where and income of $5 million qualifies as “rich” and ...

Daniel Kurtzman: McCain and Palin In Their Own Words: 25 Laughable Quotes
Politics on HuffingtonPost.com — ... 10. "I think if you're just talking about income, how about $5 million?" ―McCain, after being asked by Rev. Rick Warren to define "rich," Lake Forest, California, Aug. 16, 2008 (Source) ...