Suzanne Smalley, Andrew Murr, Mark Hosenball and Nathan Dinsdale
NEWSWEEK
Updated: 3:53 PM ET Jun 28, 2008

When you're poor, it can be hard to pay the bills. When you're rich, it's hard to keep track of all the bills that need paying. It's a lesson Cindy McCain learned the hard way when NEWSWEEK raised questions about an overdue property-tax bill on a La Jolla, Calif., property owned by a trust that she oversees. Mrs. McCain is a beer heiress with an estimated $100 million fortune and, along with her husband, she owns at least seven properties, including condos in California and Arizona.

San Diego County officials, it turns out, have been sending out tax notices on the La Jolla property, an oceanfront condo, for four years without receiving a response. County records show the bills, which were mailed to a Phoenix address associated with Mrs. McCain's trust, were returned by the post office. According to a McCain campaign aide, who requested anonymity when discussing a private matter, an elderly aunt of Mrs. McCain's lives in the condo, and the bank that manages the trust has not been receiving tax bills on the property. Shortly after NEWSWEEK inquired about the matter, the McCain aide e-mailed a receipt dated Friday, June 27, confirming payment by the trust to San Diego County in the amount of $6,744.42. County officials say the trust still owes an additional $1,742 for this year, an amount that is overdue and will go into default July 1. Told of the outstanding $1,742, the aide said: "The trust has paid all bills shown owing as of today and will pay all other bills due."

Dan McAllister, treasurer- tax collector for San Diego County, said that about 3 percent of San Diego's approximately 1 million property owners default on their property taxes each year. The county assesses a 1.5 percent penalty for each month that goes by unpaid and puts houses up for sale after five years. "We do hear an awful lot of excuses for why people don't pay," McAllister said. "Under the law, the property owner is responsible for keeping the address current. We're only as good as the information we are given."

http://www.newsweek.com/id/143775/output/print

...a boilermaker, a beer and a shot...here's to McCain's tax-default in addition to his open lust for drilling our coastlines. Speaking of which...

"blowing smoke..."

Schwarzenegger criticizes McCain's offshore drilling proposal

At a Florida conference on global warming, California's governor says drilling will not bring down oil prices, and he urges consumers to use more renewable resources.
By Carol J. Williams, Los Angeles Times Staff Writer

7:47 PM PDT, June 26, 2008

MIAMI -- Gov. Arnold Schwarzenegger made a veiled swipe at Republican presidential hopeful John McCain on Thursday when he said at a climate conference here that anyone suggesting offshore oil drilling could bring down gas prices was "blowing smoke."

The remark was also a dig at his host, Florida Gov. Charlie Crist, who riled environmentalists, tourism promoters and the state's political leaders on both sides of the aisle last week when he voiced support for McCain's proposal to lift bans on exploring for oil off the coasts of California, Florida and the Eastern Seaboard.

McCain and Crist, whom the presumptive Republican presidential nominee is rumored to be considering as his running mate, have come in for heavy criticism for backing exploration that many Floridians and Californians fear could pollute the coastal playgrounds that are vital to their states' tourism-dependent economies.

Crist, who thrilled environmentalists Tuesday with the announcement of a major land purchase to speed restoration of the Everglades, has since modified his stance on offshore drilling to say he would support it only if guarantees were in place that no environmental harm would result.

From his podium at the conference, Schwarzenegger said, "Politicians have been throwing around all kinds of ideas in response to the skyrocketing energy prices, from the rethinking of nuclear power to pushing biofuels and more renewables and ending the ban on offshore drilling," Schwarzenegger said. "But anyone who tells you this would bring down gas prices any time soon is blowing smoke."

more:

http://www.latimes.com/news/politics/la-me-arnold27-2008jun27,0,1954634.story