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Obama Has Less Than $1,001 in Savings Account
weeklystandard.com ^ | May 15, 2015 | DANIEL HALPER

Posted on 05/15/2015 4:39:47 PM PDT by PROCON

President Obama has reported less than $1,001 in his savings account. The disclosure comes as part of the president's annual Executive Branch Personnel Public Financial Disclosure Report.

The only savings account listed by the president is a "JP Morgan Chase Private Client Asset Mgmt Savings Account," according to the disclosure reports.

See here:


(Excerpt) Read more at weeklystandard.com ...


TOPICS: Chit/Chat
KEYWORDS: bho44; finances; obama; obamafinances
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Dayum, he better watch it or he'll be "dead broke" when he leaves the white house.
1 posted on 05/15/2015 4:39:47 PM PDT by PROCON
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To: PROCON

He keeps the rest of his money in his Barbados accounts.


2 posted on 05/15/2015 4:41:30 PM PDT by E. Pluribus Unum (Islamophobia. A word created by fascists and used by cowards to manipulate morons. -- Andrew Cummins)
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To: E. Pluribus Unum

..Antigua....


3 posted on 05/15/2015 4:42:22 PM PDT by C. Edmund Wright (www.FireKarlRove.com NOW)
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To: PROCON

Sure, he only has a grand in his US savings account...

But $hundreds of millions waiting in foreign government accounts for when he hits the speaking circuit post-POTUS.


4 posted on 05/15/2015 4:42:56 PM PDT by rottndog ('Live Free Or Die' Ain't just words on a bumber sticker...or a tagline.)
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To: PROCON

See, see you meanie-old FReepers! Obama is one of us!


5 posted on 05/15/2015 4:43:34 PM PDT by Extremely Extreme Extremist (ANYBODY BUT FRICKING JEB AND HILLARY)
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To: PROCON
One of his accounts, the rest you don't hear about.
6 posted on 05/15/2015 4:43:54 PM PDT by Sir Napsalot (Pravda + Useful Idiots = CCCP; JournOList + Useful Idiots = DopeyChangey!)
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To: PROCON

They haven’t heard back from the Swiss accounts yet.


7 posted on 05/15/2015 4:43:57 PM PDT by 9thLife ("Life is a military endeavor..." -- Francis)
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To: PROCON

Poor baby. He earns only a half million a year, and has to live from hand to mouth.


8 posted on 05/15/2015 4:45:37 PM PDT by norwaypinesavage (The Stone Age did not end because we ran out of stones)
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To: Extremely Extreme Extremist
Will anyone in the media EVER pick up on the fact that Charlie Rangel probably spends more time with his BERMUDA BANKERS than he does in the USA? Heck the guy is a local celebrity there... EVERYBODY knows him. What's the deal?
9 posted on 05/15/2015 4:46:40 PM PDT by golux
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To: PROCON

I assume he keeps most of his money in brokerage accounts and other income-generating accounts/investments. why keep substantial money in a savings account?


10 posted on 05/15/2015 4:48:11 PM PDT by Conscience of a Conservative
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To: PROCON

he must have paid back the government for his personal vacation expense.....


11 posted on 05/15/2015 4:48:23 PM PDT by C. Edmund Wright (www.FireKarlRove.com NOW)
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To: PROCON

Bank savings account .. that pays almost zero in interest? Not surprising. I keep very little in my bank savings account. He probably keeps most of his money somewhere where it can earn dividends or capital gains.


12 posted on 05/15/2015 4:48:45 PM PDT by plain talk
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To: PROCON

There’s a post further down estimating his wealth in the millions.


13 posted on 05/15/2015 4:50:36 PM PDT by dp0622
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To: PROCON

He will be fine. I am not sure that it is our business anyway.


14 posted on 05/15/2015 4:51:08 PM PDT by The Ghost of FReepers Past (Woe unto them that call evil good, and good evil; that put darkness for light..... Isaiah 5:20)
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To: PROCON

J.P.Morgan Private Client? That’s the latest scheme to separate money from affluent customers. Mucho flattery, and mucho fees.


15 posted on 05/15/2015 4:51:47 PM PDT by proxy_user
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To: proxy_user

Maybe get a loan from Hillary and Bill who made 25 Million in speeches sense 2014


16 posted on 05/15/2015 4:54:48 PM PDT by scooby321
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To: PROCON; All
Thank you for referencing that article PROCON. Please bear in mind that the following critique is directed at the article and not at you.

I don’t know what to think about Obama’s wealth since the following thread appeared earlier.

FR: Obamas worth millions, disclosure forms reveal

17 posted on 05/15/2015 4:58:06 PM PDT by Amendment10
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To: The Ghost of FReepers Past
Maybe not but whenever a republican is in power, the dinosaur media makes it everyone’s business. He made it everyone’s business to bankrupt us with obamacare and you worry about his legal obligation to make that public? What a joke........
18 posted on 05/15/2015 5:00:55 PM PDT by Fungi
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To: PROCON
I haven't had a savings account in 30 years. But I do have two debit accounts and there is money in both of them. I also have a little bit of stocks.

So that headline is just a grabber. He's got plenty of bucks.

19 posted on 05/15/2015 5:01:16 PM PDT by Sacajaweau
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To: PROCON

Obviously, the man is keep’n him down. Maybe he should apply for food stamps?


20 posted on 05/15/2015 5:01:34 PM PDT by Leep ("Soon you won't be able to live in America as a Muslim. The noose is tightening," Elton Simpson)
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