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News Wednesday, May 16 2018

Martha McSally's Missing Mortgage

May 16, 2018

“Martha McSally’s hypocrisy seemingly knows no end. Between her blatant flip-flop on DACA and her shoddy coverup of a mortgage that doesn’t seem to exist, McSally is making a powerful case to Arizonans that she can’t be trusted,” said American Bridge spokesperson Amelia Penniman. 

ThinkProgress: Arizona Senate candidate kept talking about her mortgage. We can’t find it anywhere.
Josh Israel | May 15, 2018

  • Martha McSally “promised during her 2012 Congressional campaign that ‘truthfulness’ and ‘integrity’ would be ‘core values’ of her campaigns. But that truthfulness may not have applied to her required disclosure statements.
  • “As a House candidate, McSally argued that the federal government should not take action to help underwater mortgage holders — even those who were victims of predatory lending and misleading terms — because she believed in ‘individual responsibility.’”
  • In 2012, McSally “noted that she could relate to those who owed more on their mortgages than the properties were even worth because of her own experience investing in undeveloped real estate” in Elgin, Arizona.
  • But a review of McSally’s financial disclosure forms since 2012 “found no disclosure of any mortgage on that property.
  • The McSally campaign said in an email that the “‘Congresswoman has no loan on Elgin address, and it is therefore not a liability for her to disclose.’”
  • But campaigning in 2012, McSally said, “‘I bought some land in Elgin in 2006, although the bank still owns most of it,’” and “‘I own 18 acres of land in Elgin, although I haven’t paid it off yet, so I guess I don’t really own it.’”
  • Confronted with McSally’s previous statements, the McSally campaign then contradicted their own email, saying “‘Both her forms and 2012 speech were correct.’”
  • Aaron Scherb of the nonpartisan watchdog Common Cause said “erroneous disclosures like these undermine public trust.”

Read the full article here.

Published: May 16, 2018

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