Cindy McCain Sells Off Sudan-Linked Mutual Funds
By Alan Stewart Carl | Related entries in Cindy McCain, McCainConsidering the ongoing state-sanctioned murders and rapes in Darfur, divesting from companies that do business in Sudan is a proper move for nations and for individuals who care about human rights. I’m glad to see the McCains finally did just that, with Cindy McCain selling off all shares of two mutual funds which included companies with business interests in Sudan.
Considering John McCain has been calling for action in Darfur for years, it’s a bit surprising his wife hasn’t divested before now – unless the McCains simply didn’t know until recently that the two mutual funds included companies doing business in Sudan.
Whatever the rationale for why the McCains waited until now to sell, the act is a positive one and will hopefully inspire more Americans to make the same choice.
This entry was posted on Wednesday, May 14th, 2008 and is filed under Cindy McCain, McCain. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
May 14th, 2008 at 4:17 pm
Still don’t think she should report her tax returns? Especially since it’s obvious that McCain hasn’t made any investments of note in his own name for the duration of their marriage?
I’ve made my positions clear: McCain shouldn’t be able to invisibly benefit from suspect investments just because him and his wife choose to file separately.
May 14th, 2008 at 4:56 pm
Justin,
I think McCain should report and I think he has done that, but do we need to know Cindy McCain’s tax returns? To what end? She’s not running for President.
Also, you seem to be implying that Ms. McCain has some shady dealings because she sold off her investments. I would think she should be at the very least commended for divesting from Sudan instead of being viewed with suspicion
Would you ask the same of Michelle Obama?
Frankly, unless there is evidence that a spouse has had some shady dealings, their tax returns should be private.
Forgive me for being harsh, but this sounds very partisan in my view and very unfair.
Dennis
May 14th, 2008 at 5:24 pm
Wait. Hillary boosters Ambassador Joseph Wilson and Larry Johnson are both officers in a company that was awarded Oil concessions in Sudan. If the media is concerned with investment funds with Sudan holding surly active business dealings under sanctions warrants a close look no?
May 14th, 2008 at 7:41 pm
Justin,
Nope. I don’t think she should have to release her tax returns. I think it’s not a great political move for her to refuse but, as I said before, unless there is some evidence or strong suspicion of wrongdoing, we should respect her choice. Owning mutual funds that included companies doing business in Sudan is hardly “wrongdoing.” I bet, via mutual funds, lots of Americans own shares in such companies.
May 14th, 2008 at 10:12 pm
[...] the revelation today that Cindy owned mutual funds linked to Sudanese companies, to the idea that McCain has very little personal wealth himself after nearly 30 years of marriage, [...]
May 15th, 2008 at 2:09 am
Lemme get this straight.. Cindy doesn’t need to release her tax returns, John McCain doesn’t need to release all of his medical records, answer a straight question as to whether he called his wife horrible names, why he consistently votes against benefits for veterans or why his father in law immediately opened up a billion dollar beer industry as soon as John shut down all further inquiry into the MIA/POW left in Nam and why he escaped all charges of collaboration with the enemy when other POW who provided less were prosecuted? Got it. I suppose Cindy’s past record of being busted for drug abuse and theft is off limits as well.
May 15th, 2008 at 9:38 am
MsSwin you dropped your tinfoil hat.
July 2nd, 2008 at 10:21 am
[...] new questions about massive credit card debt and unpaid taxes, and questions still looming as to where Cindy invests her money and why she won’t fully disclose her tax returns, the McCain camp is [...]
December 4th, 2008 at 7:51 pm
It’s good to hear she is also serving as a role model in this. She should also invest in schools there in Sudan. I mean, building schools there in Sudan. I believe that education will really play a very good role in ending the war. I visited the Emma Academy Project which happens to be building a school there. I do hope that a lot of us will also invest-donate into these projects more.