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