Back door deals…. However, much of it has come from Obama’s book deals, which have proven to be very lucrative. But today? Change ), A Weblog for REAL Democrats, Populists, Progressives & Socialists, Rick Perry, a $ 20 Hooker, with a $ 200 Price Tag, http://www.americanthinker.com/2011/04/are_obamas_mortgages_underwate.html, http://finance.yahoo.com/news/how-barack-obama-made-his-fortune.html?page=all, False Flag Plot to Get Us into a War with Syria, “There are no jokes in Islam. We are posting the comment solely as a contribution to free speech. Mitt’s Daddy, George, unlike son, actually built things in America and made money doing so, and left Mitt a pile. Do Democrats really make that much more money than Libertarians to think that $300,000 is middle class? Some of it has come from their salaries and some of it has come from what they have earned on their investments. Sign up for Insider Life. Mr. Obama makes $ 200,000 a year as President and Mrs. Obama has not worked since 2007. However, the rest is believed to have come from book royalties, which saw a natural surge because of Obama’s status as the U.S. president, as well as the proceeds from the Obamas’ investments. And Grandma couldn’t have been a wet nurse… A wet nurse has a baby of her own and breast feeds both her own and the child she is hired to feed. Even if you just barely reached that 35% marginal bracket, your “effective tax rate” should easily be around 26%! Fill in your details below or click an icon to log in: You are commenting using your WordPress.com account. Manhattan is being taken over by Liberal yuppies. A leading-edge research firm focused on digital transformation. Although well-paid, the Obamas never moved their annual income above that of a typical middle income professional couple. Something that is wholly unsurprising considering the interest in the perspective of U.S. presidents. Prior to becoming a candidate for President, he was a U.S. Why is it so hard to find the truth about Obama? The sad thing is, both Romney and Obama, both learned how to game the system, at Harvard. Then with GW that went down to 15%!!? Being based in Chicago nowadays, all kinds of certification and vetting can just come out of nowhere!? The pundits keep saying 2012 is a dramatic election year, with very distinct choices?! Regardless, it is estimated that the Obamas earned a combined total of $20.5 million from 2005 to 2016. Roughly $120,000 came from interest and dividends on investment holdings, which included U.S. treasury bills and an array of diversified funds. His FCC passed rules that were supposed to help consumers, but ended up helping Big Tech. Way to go Lutheran man! If you can find a stupid banker, using obsolete data, to make a loan to the corp; that’s even more easy dividends you can declare yourself! Another tax write-off against other holdings!?? At the same time, set all corporate tax down to 4%! If you cain’t smell “fish”; I don’t know what to say for you?! However, updating this does not answer the question, “How did Obama become a MILLIONAIRE?”. You just file suits on white owned mortgage banks!… Nobody really wanted a different home, or mortgage. Former President Barack Obama celebrated his 59th birthday today. When you go from a 1 bedroom apartment, to over $100 Million, in fifteen years; you’re probably “gaming the system”! how did the obama's get so rich? The DISSENTING DEMOCRAT does not believe that Mr Obama is foreign-born: he is an American, born to an American mother. On top of this, it should come as no surprise to learn that Obama is in high-demand for speaking at a wide range of events, so much so that some sources believe that he might have earned as much as $400,000 in public speaking fees since his departure from the office of the President of the United States. How does a couple with about $ 300,000 in joint income, at their highest income-producing period (prior to the White House) accrue an estate of $ 12 MILLION in their mid-forties? You’re not a moderator, you’re a cherrypicker. Waxing biblical, I don’t know how long I must be with ya’ll?? Romney used the preferential tax treatment of “investment income”, to game the system too! First of all, Obama makes $400,000 a year, and this whole article is just speculative garbage that separates us as Americans as opposed to joining us together. Most Americans don’t realize this. Indeed the gist of the post is this: why gripe about Romney’s millions, we know he is one of our 1% Money Lords (I’ll tug my forelock when I see him), let’s find out instead how Obama made his money — we don’t just know. Now what is sad, is the poor reporting companies like Moody’s and S&P etc. Nobody mentioned his the cost of his college education. Anonymous. How to Get Your Hands on a Ferrari 360 Challenge Stradale, The Five Best Breitling Aviator Watches of All-Time, The Five Best Breitling Dive Watches of All-Time, A Buyer’s Guide to a Pre-Owned Breitling Watch, How Roger Waters Achieved a Net Worth of $310 Million, How Yung Gravy Achieved a Net Worth of 600K, How Felicity Huffman Achieved a Net Worth of $20 Million, How David Chang Achieved a Net Worth of $60 Million. That’s why we’re in the fine mess we’re in! In the early stage of his Senate career, Michelle continued to work as the vice president for community and external affairs at the University of Chicago Hospitals. If you want to carry on, start your own blog. In time, he went on to teach constitutional law, participated in community organizing, got elected to the Illinois Senate, and then got elected to the U.S. Senate. We do wonder how he was able to accumulate a substantial estate of about $ 12 million when his and his wife’s incomes do not suggest that capability of wealth accumulation.

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