Ed McMahon: I just lost millions of dollars in foreclosure and debt

Ed McMahon (age 85) is a television figure well known for being Johnny Carson's announcer and a celebrity announcer for the nearly closed and fraudulent scam, the American Family Publishers. Yes, that infamous sweepstakes during the 80's designed to scam millions of Americans, primarily the elderly, through deceptive and hyperglamourized advertising of worthless magazine subscriptions and junk mail. Using the infamous phrase, "You may have already won $10,000,000!", Ed McMahon and the AFP found a new venue in scams.



It's not certain if Ed McMahon is a Republican, but one source indicates he is one, and Ed McMahon's habits of deceptive lies, scams, debt accumulation, and reckless financial mismanagement sure bears the sign of the Republican.

And like so many right-wingers caught into a downward spiral of debt, it would only be a matter of time before the bubble bursts, and Ed McMahon's bubble is surely imploding with resounding force.

Earlier this month, it was revealed that McMahon was facing foreclosure on his Beverly Hills home after falling $644,000 in the hole on mortgage loan payments. Now, Citibank is suing McMahon for $179,687, as well as attorney's fees incurred while trying to recoup the debt.

The price you pay when you follow Republican-nomics.