Vanity Fair:

Cindy McCain('s first night of Republican National Convention outfit)

Oscar de la Renta dress: $3,000
Chanel J12 White Ceramic Watch: $4,500
Three-carat diamond earrings: $280,000
Four-strand pearl necklace: $11,000-$25,000
Shoes, designer unknown: $600
Total: Between $299,100 and $313,100

Wow. That's about 60 times the health care credit McCain proposes to give families for a year. And according to Huffington Post, George W. Bush helped cover the expense:

According to an analysis by the Center for American Progress Action Fund, the McCains have received $313,413 thanks to George Bush's tax cut.

If John McCain were President, she might have been able to add a bracelet to the ensemble. According to the same study under McCain proposed tax cuts they would have received tax breaks of $367,788.

Maybe it's that level of elitism that caused CNN to flash a chyron saying that McCain had officially won the Democratic nomination.