Here's a good reason not to vote for Kerry....

[Mile Hi]

It shows how bad a decision he made. I wouldn't trust this guy with my money.
http://story.news.yahoo.com/news?tmpl=story&u=/usatoday/20040209/ts_usatoday/64mloanthatsavedkerrymayalsodrainhim

• Kerry's financial disclosures show no assets sufficient to pay the loan or even to keep up with the interest payments. Aides say he has assets that aren't listed on the forms but decline to reveal them.
• His wife, heiress Teresa Heinz Kerry, has a fortune estimated at more than $500 million. But the law forbids her from paying off a campaign loan for her husband.
• If he wins the nomination, Kerry could pay himself back from campaign contributions made before the Democratic convention in late July. But doing so would siphon off money at a time when he would be running against President Bush (news - web sites), who will have a projected $200 million to spend.

Kerry borrowed the money Dec. 24 from the Mellon Trust of New England. It is payable over 30 years, with interest-only payments for the first 10 years, at a variable interest rate beginning at 3.125%.

Kerry's campaign says he intends to pay off the 30-year mortgage, which carries annual interest payments of about $200,000. But that is more than his $158,000 Senate salary and all his other income put together, according to his financial disclosure statement.

Kerry's government disclosure form, covering 2002, gives no hint of what those assets might be.



SMELLS FISHY TO ME!!!!!!
The Bank would know that Kerry coundn't touch his wife's money for this. They actually made a bad loan knowing Kerry couldn't pay it back.

[maddezmom]

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