Posted on 05/15/2015 3:30:36 PM PDT by jazusamo
President Obama and first lady Michelle Obama’s assets total somewhere between $1.9 million and $6.9 million, according to financial disclosure forms released Friday by the White House.
The bulk of the Obamas’ wealth is invested in U.S. Treasury bills and notes, the total being estimated between $1.25 million and $5.25 million.
The rest of the money is held in retirement savings accounts, checking accounts, a pension fund, and college savings accounts for their daughters, Malia and Sasha.
Sales of two of the president's books, The Audacity of Hope and Dreams from My Father, allowed the Obama’s to take in $30,000 and $100,000 in royalties in 2014.
The first family’s only disclosed liability is the mortgage on their Chicago home, listed between $500,000 and $1 million.
The Obamas are required to submit the financial disclosure forms each year under federal law. They allow public officials to list the value of their assets and liabilities in broad ranges, making it difficult to calculate their exact net worth.
And their children attend private schools...typical one-percenters.
Inquiring minds wonder if the Tyrant
still uses the phoney SS#.
Really?
For what?
Fleecing and looting the nation counts as “wealth”?
Typical Democrat.
A nobody when selected for office.
Leave office wealthy.
Did he declare the kickbacks from ISIS and MuzBro?
one of society’s lottery winners
This paltry amount won’t even pay for her vacations through 2017.
Must be time to start the Obama Foundation
Yep, I doubt it would even pay for her next one.
The 0bamas need to spread that wealth around.
I guess they won the lottery?
Worth millions and most of his productive life has been in government office with fixed pay schedules. Ever notice how government hacks retire as millionaires.
So their entire net worth wouldn’t pay for half of their shortest vacation.
(1) "The Obama Foundation" announced the location of its library in Chicago.....revving up the next ex-president's money machine.
(2) The second Obama foundation----The Barack H. Obama Foundation (BHOF)---(named after their dad), was fast-tracked by Lois Lerner for IRS tax-exempt status....for Malik Obama, Barack's half brother.
The BHOF is based at a Virginia UPS store, according to its website. The organization’s IRS filings list another Virginia address that is actually a drug rehab center where the foundation does not appear ever to have been based.
As first reported by The Daily Caller, the foundation was speedily approved for IRS exemption by Lois Lerner, the self-same IRS senior official at the center of the targeting of conservative organizations that have waited over two years to receive tax exempt status. The IRS thoughtfully gave Obama Foundation retroactive fund-raising status.......which it stupidly never applied for.
The tax-exempt Barack H. Obama Foundation is run by Abon’go “Roy” Malik Obama, the half-brother of Barack Obama.
The foundation’s mission statement is “to provide people everywhere with resources to uplift their welfare and living standards in memory of dad---Barack H. Obama: in the region of his birth, Kenya, and beyond.” Its guiding principle is “the inherent belief that no one can truly enjoy the riches he has reaped if his neighbor suffers....."We seek to elevate the human condition so that everyone can live in dignity and truly enjoy having one another as neighbors.”
(waiting for hysterical laughter to die down)
Despite raising more than $250,000, the alleged charity doesn’t seem to have done much. Its website claims the organization has built a madrassa and was building an imam’s house as well as some “proposed latrines,” but there is no other evidence that the nonprofit was working to “mitigate social-shortcomings in areas of education and literacy, health and well-being, poverty, and lack of community infrastructure in such basic needs such as water, electricity, shelter and sustenance,” as the site says.
Alton Ray Baysden, a former Dept of State employee, allegedly a registered Republican, who helped start the Barack H Obama foundation, declined to comment before seeing copies of a reporter’s passport and govt ID, along with a description of the article’s “motivation” and “slant.”
Repeated reporters' phone calls went to the organization’s voicemail and were not returned.
Malik spends most of his time in Kenya with his 12 wives while Obama finances his half brother, Malik, a major fundraiser for the Muslim Bortherhood.
MORE HERE http://shoebat.com/shoebat-foundation/obamas-wahhabist-fundraising-empire
Kenya-resident, Malik Obama in Muslim dress, holds up
photo of his half brother Obama in Muslim dress, taken
during an earlier visit.
==================================================
GOVERTNMENT FRAUD AT ITS FINEST--deposited in numbered accounts in offshore banks?
Obama's federal outlays (that we know of).:
<><> $2 billion funding to Malik's organization---the Muslim Brotherhood,
<><> $50 million to Malik/Barack's tax-exempt foundation in the form of a grant to Kenya.
<><> While the Muslim Brotherhood was in charge in Egypt, Obama (and Hillary) showered them w/ praise.....and billions of US dollars in aid, arms, tanks and planes.
<><> Obama gave $90 million US tax dollars to wealthy oil-rich African countries.
The Library bills itself as "linking the significance of
a 20th century American presidency with the ongoing
and far-reaching work of The Clinton Global Foundation."
==================================================
No mention of Clinton being impeached and disbarred for lying.
====================================================
REALITY CHECK Despite its grandiose self-promotion, The William J. Clinton Presidential Center and Park---- is just another "Clinton Cash" snake pit.....subsidized by taxpayers,....and some shady foreign characters.
As Hollywood hotshots protested the Beverly Hills Hotel over its ownership by Brunei's sultan and his embrace of Sharia law, it turns out the Brunei government has financial connections to the Clintons.
The Clinton presidential library lists Brunei along with Kuwait, Oman and Qatar (new home of the Gitmo Five) as donors that gave between $1 million and $5 million through last year.
The Clinton foundation itself confirmed the 2002 Brunei donation: "The Clinton Foundation's impact would not be possible without the generous support of our donors," the foundation's website reads. "Their contributions have made a difference in the lives of tens of millions across the world." Read more at foxnews.com ...
==================================================
Hillary later told Greta that Qatar was "not a threat to the US." Hillary never mentioned Qatar subsidizing the Clinton Library/Foundation....leading some to believe the donation was a payoff....Hillary bribed to defend Qatar....,blatantly ignoring America's ntl security interests.
============================
DEREK HUNTER ASKED ON TOWNHALL.COM Why do the world’s wealthiest people and foreign govts feel compelled to give the Clinton Foundation hundreds of millions of dollars to do "charity"...... which the do-good Clintons constantly brag about.....that are in reality innocuous activities that thousands of charities already do......
These "Foundations" have become little more than political extortion.....shakedowns....prolly money laundering, tax evasion havens, as well.
Taxpayers demand laws prohibiting public official and ex-presidents from forming foundations that are little more than personal ATM's. Opportunistic pols use con artist-type "shakedowns" to personally profit by selling access and favorable public policy "for a price."
The Audacity of It All!!
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.
