Breaking: John Sidney McCain defaulted on home, taxes for years

By GottaLaff

(screen shot of Google Earth)

Newsweek is reporting a J Sid story that Huffington Post is previewing:

Newsweek is set to publish a highly embarrassing report on Sen. John McCain, revealing that the McCains have failed to pay taxes on their beach-front condo in La Jolla, California, for the last four years and are currently in default, The Huffington Post has learned.

Under California law, once a residential property is in default for five years, it can be sold at a tax sale to recover the unpaid taxes for the taxpayers.

The McCains own at least seven homes through a variety of trusts and corporations controlled by Cindy McCain.

McCain campaign scrambling...

This one better explode. I mean, what does it take? Michael Isikoff, will you be so kind as to make the rounds? Or whoever is reporting?

More as we get it...

Please note: I changed the title to "Breaking..." for accuracy.