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Cindy McCain wears $300,000 outfit

September 4, 2008 |  5:02 pm

Apparently, it don't mean a thing if it ain't got that bling. Vanity Fair is reporting that the potential82621280_2 First Lady Cindy McCain — known for her rhinestone lapel pins — wore three-carat diamond earrings estimated at $280,000 and a $4,500 Chanel watch on Tuesday night. Tally that with her $3,000 Oscar de la Renta dress.
Here are VF's estimates:

Laura Bush
Oscar de la Renta suit: $2,500
Stuart Weitzman heels: $325
Pearl stud earrings: $600–$1,500
Total: Between $3,425 and $4,325

Cindy McCain
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

"There is nothing new except what has been forgotten." - Marie Antoinette

Clearly, McCain thinks the red carpet leads to the White House. But with foreclosures galore and that pesky recession ever nipping at our Louboutin heels, isn't it time to cut back on the glitz? And does she really need four strands of pearls?--Monica Corcoran

Photo: Getty Images