Sudanese Sauce for the Political Goose

Here's a political story refreshingly without the reflexive knee-jerk opposition between sides. Cindy McCain, wife of Republican presidential candidate John McCain and heiress to a nine-figure beer distributor fortune, has sold some $2 million of investments related to Sudan. John McCain has called for international financial sanctions against the Sudanese leadership in light of the genocide in the Darfur region, and the Associated Press pointed out that mutual fund investments held by Cindy McCain included companies that do business with Sudan.

Cindy McCain has repeatedly stated she will not reveal her income tax records publicly, even if her husband is elected president. But give her points for transparency here, for when previously disclosed investments in American Funds Europacific Growth fund and American Funds Capital World Growth and Income fund proved to incorporate companies doing business with Sudan, Cindy McCain quickly sold her investment in both funds.

Since John McCain has publicly criticized China for its dealings with Sudan -- "There is only one reason China has opposed sanctions to pressure Sudan to stop the killing in Darfur: China needs Sudan's oil" -- having investments that are even indirectly connected with Sudan would appear highly hypocritical.

Lest anyone think this is political sinning on the right, four presidential candidates had to divest of Sudan-related holdings last year: Democrats Barack Obama and John Edwards and Republicans Sam Brownback and Rudy Giuliani. Brownback also wrote 44 governors to urge them to divest their employee pension funds from businesses linked to Sudan. Guess it all goes to show how difficult it can be to invest wealthy sums of money without inadvertently lining some tyrant's pockets.

So, it's nice to see a political story where figures from both major parties agree on the proper course of action. Maybe our political landscape isn't irreversibly toxic.