How can Obama afford a $35 million house? I know Obama is a millionaire but not worth enough to pull this off. Is he going to get a mortgage? How is this going to work financially?
Donors pay for the house, it’s in the article. Apparently this has gone on for many years.
When the US was knocked down a credit rating, some party or parties made about $10 billion dollars from shorting the dollar. I think it’s also curious that when the Gulf oil spill happened, that US oil companies were barred from drilling, but Brazil Oil, which George Soros has a large number of shares, was allowed to drill in the Gulf.
What would be buying a $35 million dollar house, and possibly pre-paying all the taxes for it for the next 50 years be, when compared to the amount of money made during Barack’s time as president?
He knows he can pay for it with speaking engagements.
He can easily afford it after the presidency from the speaking fees he will collect.
Traditionally, friends of the “retiring” president have purchased a home for them. That was the case with Reagan, Clinton and George W. Bush. But the price tag for their homes was a fraction of what Obama’s home will cost. No real surprise from the Moocher-in-Chief