Join the Meeting Place for Moms!
Talk to other moms, share advice, and have fun!

(minimum 6 characters)

4 Bumps

Guess who's getting much richer???

The White House says the assets held by President Barack Obama and Michelle Obama are valued between $1.8 million and nearly $12 million.

Financial disclosure documents released Monday showed the assets for last year. The couple's assets, which include Treasury bonds and retirement accounts, were valued at a maximum of $7.5 million in 2009.

Assets are listed in wide ranges on the disclosure forms - for example, between $1 million and $5 million - making it difficult to determine their value with precision.

Royalties from Obama's books, "Dreams From My Father" and "Audacity of Hope," totaled between about $1 million and $6 million.

Seems to me they should be able to narrow it down a bit more than between $1 million to as much as $12 million. Wow, he made almost $5 million dollars last year. And got a tax refund to boot. Why didn't he give that back again?

Answer Question
 
DSamuels

Asked by DSamuels at 7:38 PM on May. 16, 2011 in Politics & Current Events

Level 32 (56,906 Credits)
Answers (27)
  • I didn't think being president paid that well. He is one of those people the left likes to get others to hate. Hmmm. Hypocrite??
    Carpy

    Answer by Carpy at 7:41 PM on May. 16, 2011

  • I didn't think being president paid that well. He is one of those people the left likes to get others to hate. Hmmm. Hypocrite??

    It doesn't, I think it pays $400K a year, plus perks. Wonder if they are claiming their house on the south side as an asset. You know, the one that lists other people on the deed and as the ones who are paying the property taxes on.
    DSamuels

    Comment by DSamuels (original poster) at 7:43 PM on May. 16, 2011

  • didn't think being president paid that well. He is one of those people the left likes to get others to hate. Hmmm. Hypocrite??

    It doesn't, I think it pays $400K a year, plus perks. Wonder if they are claiming their house on the south side as an asset. You know, the one that lists other people on the deed and as the ones who are paying the property taxes on.

    Comment by DSamuels (original poster) 20 minutes
    ------------------------
    Isn't that Rahm Emanuel's house?
    minnesotanice

    Answer by minnesotanice at 8:05 PM on May. 16, 2011

  • Isn't that Rahm Emanuel's house?

    No. There was an article I read where the taxes on the Obama house are being paid by 3 different people and they are listed on the deed, not the Obama's. This is the house that Tony Resko helped the Obama's buy.
    DSamuels

    Comment by DSamuels (original poster) at 8:10 PM on May. 16, 2011

  • Isn't that Rahm Emanuel's house?

    No Tony Rezko owns it.
    Carpy

    Answer by Carpy at 8:23 PM on May. 16, 2011

  • This is the house that Tony Resko helped the Obama's buy.


    Resko, Ayers, Emanuel, Wright, Soros, Jarett, etc.... Whew~ Friends in LOW places... ;o)  As for OP....  Obama is a hypocrite in more areas than one....  Him and Michelle sitting at the kitchen table making "hard" budget choices?  Yea, should she buy the $550 shoes? Those are the same discussion many Americans have, right?!

    grlygrlz2

    Answer by grlygrlz2 at 8:29 PM on May. 16, 2011

  • Of course BO is wealthy. Is this a surprise to anyone? Is there a poor or even middle class politician on the federal level? Come on, no one here can be that naive-
    Sisteract

    Answer by Sisteract at 8:38 PM on May. 16, 2011

  • Bo also admitted that he did not need a tax cut extension- right there, you knew he had money-
    Sisteract

    Answer by Sisteract at 8:39 PM on May. 16, 2011

  • on, no one here can be that naive-


    "Some" were naive enough to believe him when he said him and Michelle sit at the kitchen table like most Americans and make 'hard' financial decision... ;o)

    grlygrlz2

    Answer by grlygrlz2 at 8:40 PM on May. 16, 2011

  • Doesn't he think he's got ENOUGH money yet?
    itsmesteph11

    Answer by itsmesteph11 at 9:00 PM on May. 16, 2011

Join CafeMom now to contribute your answer and become part of our community. It's free and takes just a minute.
close Join now to connect to
other members!
Connect with Facebook or Sign Up Using Email

Already Joined? LOG IN