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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.
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.
He is a tax and spend liberal who thinks throwing money at a problem will make it go away.
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.
Yes, Obama clearly needs to start taking advantage of offshore tax havens!
The left once again tries to deflect. I don't have 10 million dollars and I report a hell of a lot more in dividends than Obama. Maybe this is why he wants to raise the taxes on divdends? A tax increase on dividends doesn't cost him anything.
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.
Show me. Your figures don't jive with what I cant find elsewhere.
Even 1% in a savings account would have earned him over $100k, and when you stick that kind of money in the bank, you're going to get better than the guy who only has $1k in there.
What's truly interesting is that this guy who's been touting how great the stock market is doing apparently isn't even investing in it himself.
You'll please note that the Obama's gave 22% of their income to 39 different charities, with the bulk of that being the entire proceeds from his book "Of Thee I Sing" to a scholarship fund for the children of fallen or disabled soldiers ($117,130.)
Yet, in spite of that, they still paid 20.5% of their income in federal taxes.
Even 1% in a savings account would have earned him over $100k, and when you stick that kind of money in the bank, you're going to get better than the guy who only has $1k in there.
What's truly interesting is that this guy who's been touting how great the stock market is doing apparently isn't even investing in it himself.
Maybe he's stockpiling gold...
Maybe he is lying on his returns because he would have to have his money under a mattress not to make at least 1 point in a year...
I want to see Reid and Pelosi's returns now..
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