Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
So, Obama is worth $10,000,000 and he doesn't really care about amassing millions more.
What does it say about you that you consider that a character flaw?
President Obama knows that he and his family have all they'll ever need. He undoubtedly knows that, for the rest of his life, he can write a book and make a few million any time he wants. He can command five- to six-figure speaking fees, post-Presidency.
And apparently he doesn't think he needs six mansions, each equipped with a car elevator...
He's doubled his wealth since 2008.
I think Forrest Gump could generate a better return than Obama. We need to see his portfolio in detail.
I'm curious why the space for SS# is blank. On the Romney return that space is blacked out. This makes me wonder if this is a scan of the original document or if this is a filled in duplicate of the original.
Reading the comparison of Obama's and Romney's 2011 returns, it wasn't Romney's numbers that jumped out at me.
Obama, with wealth estimated upwards of $10 million, reported $3.00 in dividends. That is not a typo - $3.00.
His interest income was only ~$10,000. On a $10 million portfolio.
First, it indicates he has zero faith in the equity market.
Second, it's a damning condemnation of the economy and his financial acumen when a guy worth $10 million can only get 10 basis points annually. It's clear he surrounds himself with crappy financial advisors personally and professionally.
In other news, Romney is still rich.
You people who are struggling remember this: a guy worth $10 million who can't manage his own money sure cant manage ours.
......or he's hiding something.
What is he hiding?
Reading the comparison of Obama's and Romney's 2011 returns, it wasn't Romney's numbers that jumped out at me.
Obama, with wealth estimated upwards of $10 million, reported $3.00 in dividends. That is not a typo - $3.00.
His interest income was only ~$10,000. On a $10 million portfolio.
First, it indicates he has zero faith in the equity market.
Second, it's a damning condemnation of the economy and his financial acumen when a guy worth $10 million can only get 10 basis points annually. It's clear he surrounds himself with crappy financial advisors personally and professionally.
In other news, Romney is still rich.
You people who are struggling remember this: a guy worth $10 million who can't manage his own money sure cant manage ours.
Those who are struggling should remember who was in office in Sept 2008 when the bottom fell out.
Those who are struggling should remember who was in office in Sept 2008 when the bottom fell out.
<hint> It wasn't Obama.
When GWB came to office in 2001, he inherited a recession that had begun 9 months before. During his first term he brought us out of that recession. As he neared the end of his second term, the country again went into recession. After four years of Obama, as a country we are worse off than when he came in.
I want to know why Obama is paying less than $6,000 property tax on a $2 million home (and, yes, he does live in a city neighborhood of multi-million dollar homes).
Reading the comparison of Obama's and Romney's 2011 returns, it wasn't Romney's numbers that jumped out at me.
Obama, with wealth estimated upwards of $10 million, reported $3.00 in dividends. That is not a typo - $3.00.
His interest income was only ~$10,000. On a $10 million portfolio.
First, it indicates he has zero faith in the equity market.
Second, it's a damning condemnation of the economy and his financial acumen when a guy worth $10 million can only get 10 basis points annually. It's clear he surrounds himself with crappy financial advisors personally and professionally.
In other news, Romney is still rich.
You people who are struggling remember this: a guy worth $10 million who can't manage his own money sure cant manage ours.
Right on!
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
