Denise Ross posts Rep. Kristi Noem's asset disclosure and finds that our fiscally conservative Congresswoman is carrying over $20,000 in credit card debt. Uff da: I'll bet the Noem family is enjoying those nice consumer credit card protections the Democrats passed for them.
For comparison, the Madville Times household has never carried more a credit balance larger than a couple thousand dollars, and that was for a couple months back in 1998 when I renovated the Lake Herman cabin. I am currently carrying a balance of about $1800 on one credit card. I signed up for that card in January because Wells Fargo offered me twelve months at zero interest and zero fees. I was thus able to use that card as a zero-interest car loan to buy my cute little used Beetle. I plan to pay it off by Christmas.
So the next time Kristi Noem starts bleating about how we ought to manage the federal budget the way we manage our family budget (we shouldn't, because macroeconomics is not microeconomics), maybe you should ask her if, given our relative credit reports, that darned liberal blogger might tackle the national debt better than she can.
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Ross highlights a couple other details from Noem's asset report. Noem's gig as Vice President of Noem Insurance (you know, another source of federally subsidized income that our Congresswoman is avidly protecting) only put $1000 in her pocket last year. Noem's biggest source of income in 2010 was her job as Director of Children's Ministries (apparently no theological degree required) at fundie Watertown church Family Worship Center (the fundie churches love those vague non-denominational names). A commenter on Ross's post wonders how odd it is that a candidate for high political office never mentioned the biggest job dollarwise that she held in the run-up to the election.