Obama: The Multi-Millionaire President! - GoFuckYourself.com

SallyRand · 05-16-2011, 09:26 PM

http://money.cnn.com/2011/05/16/news...dex.htm?hpt=T2

Obama's money: Heavy on Treasuries

By Jennifer Liberto @CNNMoney May 16, 2011: 5:31 PM ET

"WASHINGTON (CNNMoney) -- A big portion of President Obama's wealth is invested in federal debt, according to a financial disclosure form released Monday.

The president and First Lady Michelle Obama had assets valued between $2.8 million and $11.8 million in 2010.

And between $2 million and $10 million of their assets are invested in super-safe U.S. Treasury securities, according to the disclosure form. That's up from $1.5 million to $6 million reported invested in Treasury notes and bills in 2009.

The report uses broad financial ranges, making a more precise accounting impossible.

The president and First Lady reported no debts.

They also have between $350,000 and $800,000 invested in IRAs and other retirement funds, according to the form.

And the couple has between $200,000 and $500,000 squirreled away in 529 college savings plans for their daughters Malia and Sasha. That's up considerably since the president took office. In 2008, the Obamas reported between $50,000 and $100,000 in such savings.

Much of the Obamas' wealth comes from President Obama's best-selling books "Dreams from my Father" and "Audacity of Hope."

Last year, the Obamas earned at least $1.1 million in royalties from books. On their 2010 tax returns, they reported an adjusted gross income of $1,728,096.

But their book royalties have dropped from 2009, when they raked in more than $5 million in royalties.

The president's children's book, "Of Thee I Sing," published last November, earned him a $134,000 advance. He is donating that money and all proceeds from the book to the nonprofit Fisher House Foundation for a scholarship for children of fallen and disabled soldiers.

Obama's annual salary as president in 2010 was $395,188.

Michelle Obama received $10,000 from a trust called the Henry G. Freeman Jr. Pin Money Fund set up for first ladies, who don't draw a salary. The fund was set up in 1917 to augment presidential salaries. "

Fletch XXX · 05-16-2011, 09:28 PM

wonder how it compares to the GWB wealth

Agent 488 · 05-16-2011, 09:32 PM

he made money from book royalties? who cares ... better than backroom dealing and stealing.

Brujah · 05-16-2011, 09:32 PM

Wow! Our first multi-millionaire president? Cool.

SallyRand · 05-16-2011, 09:35 PM

Quote:

Originally Posted by Fletch XXX

wonder how it compares to the GWB wealth

Not material.

GWB is not the president and why is it that whenever someone asks a question about the ObamaThing that so many reply with things like, "What about GWB?"?

Have we a little fixation going there, what?

Besides, it makes no difference.

They are the same!

blackmonsters · 05-16-2011, 09:36 PM

Wow!

All this useless information has got me going in the direction of no fucking where.

But hey, I'm getting there really fast.

Fletch XXX · 05-16-2011, 09:38 PM

Quote:

Originally Posted by SallyRand

Not material.

GWB is not the president and why is it that whenever someone asks a question about the ObamaThing that so many reply with things like, "What about GWB?"?

Have we a little fixation going there, what?

Besides, it makes no difference.

They are the same!

woah slow down there i was just wondering aloud!

Jman · 05-16-2011, 09:40 PM

WHat I like in these "in betweens" is the gap between the $$'s

"They also have between $350,000 and $800,000 invested in IRAs and other retirement funds, according to the form.

And the couple has between $200,000 and $500,000 squirreled away in 529 college savings plans for their daughters Malia and Sasha. That's up considerably since the president took office. In 2008, the Obamas reported between $50,000 and $100,000 in such savings."

blackmonsters · 05-16-2011, 09:41 PM

Quote:

Originally Posted by SallyRand

OK, so Obama's father fucked Barbara Bush back then too. So what?

SallyRand · 05-16-2011, 09:44 PM

Quote:

Originally Posted by Crak_JMan

WHat I like in these "in betweens" is the gap between the $$'s

"They also have between $350,000 and $800,000 invested in IRAs and other retirement funds, according to the form.

And the couple has between $200,000 and $500,000 squirreled away in 529 college savings plans for their daughters Malia and Sasha. That's up considerably since the president took office. In 2008, the Obamas reported between $50,000 and $100,000 in such savings."

Does give one pause, doesn't it?

blackmonsters · 05-16-2011, 09:45 PM

Quote:

Originally Posted by Crak_JMan

WHat I like in these "in betweens" is the gap between the $$'s

"They also have between $350,000 and $800,000 invested in IRAs and other retirement funds, according to the form.

And the couple has between $200,000 and $500,000 squirreled away in 529 college savings plans for their daughters Malia and Sasha. That's up considerably since the president took office. In 2008, the Obamas reported between $50,000 and $100,000 in such savings."

Ummmm. I have made between $0.00 and $5,000,000.00 today just on one porn site.
So I don't see the problem with those numbers, there is a certain amount of accuracy
there for sure.

Jman · 05-16-2011, 09:46 PM

Quote:

Originally Posted by SallyRand

Does give one pause, doesn't it?

I'm in between 5'5" and 6'5"

, that shit shounds like and over beefed up dating ad

Kiopa_Matt · 05-16-2011, 09:57 PM

SallyRand: The 68yo grandpa, who hopes 20yo guys will hit on him!

SallyRand · 05-16-2011, 10:02 PM

Quote:

Originally Posted by Kiopa_Matt

SallyRand: The 68yo grandpa, who hopes 20yo guys will hit on him!

You are a moron.

Brujah · 05-16-2011, 10:04 PM

Do you hate rich people, Sally? I don't understand the negative tone with the article you've posted. We've had dozens of multi-millionaire presidents.

blackmonsters · 05-16-2011, 10:08 PM

Quote:

Originally Posted by SallyRand

You are a moron.

Yeah, but you're an decrepit fake that will go to sleep tonight and fart which
will result in you drowning in your own shit because of your fecal incontinence.

charlie g · 05-16-2011, 10:53 PM

WTF, did they cancel the bingo game at the home gramps? You continue to post the most inane shit you can find. Do you have some secret "whogivesafuck.com" site from which you cut and paste the infos?????

I dont like obama as much as anyone but I am happy he is not out begging foreign dignitaries for cash to give his baby's momma. He put money in his children's college fund?????? So he's a good father. There is so much more you could hammer the guy on but you chose the most imbecilic shit...really.

~~~~~~~~~~~~~~~~~~~~~

Chosen · 05-16-2011, 11:09 PM

Quote:

Originally Posted by blackmonsters

Wow!

All this useless information has got me going in the direction of no fucking where.

But hey, I'm getting there really fast.

adultchatpay · 05-17-2011, 03:42 AM

good luck Mr. President!

Coup · 05-17-2011, 03:55 AM

Adam_M · 05-17-2011, 04:09 AM

$2 million to $10 million - Now
$1.5 million to $6 million - 2009

So he maybe $500k better off now then 2 years ago?

Don't sounds like a huge amount to me

BlackCrayon · 05-17-2011, 04:25 AM

sallyrand is obviously a socialist. can't stand someone making money apparently.

Coup · 05-17-2011, 04:37 AM

Quote:

Originally Posted by BlackCrayon

sallyrand is obviously a socialist. can't stand someone making money apparently.

ottopottomouse · 05-17-2011, 04:45 AM

Quote:

Originally Posted by blackmonsters

Ummmm. I have made between $0.00 and $5,000,000.00 today just on one porn site.
So I don't see the problem with those numbers, there is a certain amount of accuracy
there for sure.

I've just had between 1 and 73million sandwiches for my lunch

nation-x · 05-17-2011, 06:00 AM

Notice that he didn't say anything about Sarah Palin cashing in on winning the VP nomination lottery

Vendzilla · 05-17-2011, 08:36 AM

Let the excuses flow, love it

You guys keep going after the amount

How many of you think it's honest to have 529 college savings plans for their daughters Malia and Sasha??

Agent 488 · 05-17-2011, 08:40 AM

Quote:

Originally Posted by Vendzilla

Let the excuses flow, love it

You guys keep going after the amount

How many of you think it's honest to have 529 college savings plans for their daughters Malia and Sasha??

you're a dumbass straight out of central casting.

http://en.wikipedia.org/wiki/529_plan

Rand · 05-17-2011, 08:45 AM

"George Washington was worth more than half a billion in today's dollars. Several presidents went bankrupt."

For an interesting peak at which presidents were the wealthiest, and not, this article shows you each of them from Washington to Obama and just how much wealth they accumulated.

.

dropped9 · 05-17-2011, 08:46 AM

Quote:

Originally Posted by Agent 488

you're a dumbass straight out of central casting.

http://en.wikipedia.org/wiki/529_plan

jimmy-3-way · 05-17-2011, 08:51 AM

Quote:

Originally Posted by Vendzilla

Let the excuses flow, love it

You guys keep going after the amount

How many of you think it's honest to have 529 college savings plans for their daughters Malia and Sasha??

Fuck no it's not! Those little bitches should earn their keep with a reality show and a stint on Dancing With the Stars.

Sly · 05-17-2011, 08:56 AM

Quote:

Originally Posted by Vendzilla

Let the excuses flow, love it

You guys keep going after the amount

How many of you think it's honest to have 529 college savings plans for their daughters Malia and Sasha??

My boss gave me $401,000 just for being part of the company. Super cool.

jimmy-3-way · 05-17-2011, 08:58 AM

Quote:

Originally Posted by Sly

My boss gave me $401,000 just for being part of the company. Super cool.

Damn dude, I knew TopBucks was doing well but 401k to all employees? WOW.

Wizzo · 05-17-2011, 09:00 AM

Just wait until he's out office and will start getting $50-$100k per 30minute speech.

He's not that wealthy as compared to last 4 or 5 presidents.

Wizzo · 05-17-2011, 09:02 AM

Quote:

Originally Posted by Vendzilla

How many of you think it's honest to have 529 college savings plans for their daughters Malia and Sasha??

I wouldn't trust anyone that make more then $50k a year and didn't have 529 for their kids. Its common sense to have one.

Sly · 05-17-2011, 09:04 AM

Quote:

Originally Posted by Wizzo

I wouldn't trust anyone that make more then $50k a year and didn't have 529 for their kids. Its common sense to have one.

I don't know. I can barely keep 2 savings accounts organized. How could someone possibly handle 529 savings accounts? For two girls?!

jimmy-3-way · 05-17-2011, 09:05 AM

Quote:

Originally Posted by Sly

I don't know. I can barely keep 2 savings accounts organized. How could someone possibly handle 529 savings accounts? For two girls?!

Which girl gets the extra account? Like the older one gets the 265, the younger one gets the other 264?

Wizzo · 05-17-2011, 09:13 AM

Quote:

Originally Posted by Sly

I don't know. I can barely keep 2 savings accounts organized. How could someone possibly handle 529 savings accounts? For two girls?!

You just have to keep equal amounts in each, so like with your 401k you could put $1000 in 401 different accounts..

blackmonsters · 05-17-2011, 09:27 AM

Quote:

Originally Posted by Vendzilla

Let the excuses flow, love it

You guys keep going after the amount

How many of you think it's honest to have 529 college savings plans for their daughters Malia and Sasha??

Slappin Fish · 05-17-2011, 10:51 AM

Quote:

Originally Posted by Vendzilla

Let the excuses flow, love it

You guys keep going after the amount

How many of you think it's honest to have 529 college savings plans for their daughters Malia and Sasha??

this is all the way up there with the "I cleared my cache, deleted my cookies and all I can see is that stupid rickroll video" post. Somebody should put it in their sig

uno · 05-17-2011, 11:10 AM

Quote:

Originally Posted by Sly

I don't know. I can barely keep 2 savings accounts organized. How could someone possibly handle 529 savings accounts? For two girls?!

That's a total of 1058 accounts for just his girls! He must be spending all his time managing them and none of it presidentin'.

beerptrol · 05-17-2011, 11:18 AM

Quote:

Originally Posted by SallyRand

Does give one pause, doesn't it?

Just because you didn't plan right for your retirement and have to resort to pretending to be a chick on an adult webmasters board at your age, doesnt mean you have to beat others down who are planning the right way to retire and send their kids to college.

Bryan G · 05-17-2011, 11:21 AM

Quote:

Originally Posted by Vendzilla

How many of you think it's honest to have 529 college savings plans for their daughters Malia and Sasha??

LMFAO!!!

Really??

uno · 05-17-2011, 11:21 AM

I don't get what people are griping about at all. The dude wrote not one but two best selling books. He's making royalties out the ass and wisely investing his funds. At least the dude came from practically nothing and made all the money himself.

Are you guys' implying he's in the pocket of Big Book?

jimmy-3-way · 05-17-2011, 11:23 AM

Quote:

Originally Posted by uno

I don't get what people are griping about at all. The dude wrote not one but two best selling books. He's making royalties out the ass and wisely investing his funds. At least the dude came from practically nothing and made all the money himself.

Are you guys' implying he's in the pocket of Big Book?

Aren't you at all suspicious that a BLACK 'wrote' two books? And with VERY few pictures.

beerptrol · 05-17-2011, 11:26 AM

Quote:

Originally Posted by uno

I don't get what people are griping about at all. The dude wrote not one but two best selling books. He's making royalties out the ass and wisely investing his funds. At least the dude came from practically nothing and made all the money himself.

Are you guys' implying he's in the pocket of Big Book?

They canceled the oatmeal, applesauce, and prune juice social at the Senior Citizens Center and now Sally is in a mood

uno · 05-17-2011, 11:27 AM

Quote:

Originally Posted by jimmy-3-way

Aren't you at all suspicious that a BLACK 'wrote' two books? And with VERY few pictures.

Oh there's a conspiracy theory out there that his books were ghost written.

jimmy-3-way · 05-17-2011, 11:30 AM

Quote:

Originally Posted by uno

Oh there's a conspiracy theory out there that his books were ghost written.

Theory? Or FACT? A theory is something that is believed with little evidence.

Like evolution or global warming.

Rochard · 05-17-2011, 11:49 AM

Every US president either was a millionaire or will become one shortly. Just four years in office at $400k a year.... Keep in mind they live in the White House and have ZERO expenses for the duration - never fills up a single gas tank or buys a single meal. Then book deals, speaking engagements.... Good gig really.

jimmy-3-way · 05-17-2011, 11:55 AM

Quote:

Originally Posted by Rochard

Every US president either was a millionaire or will become one shortly. Just four years in office at $400k a year.... Keep in mind they live in the White House and have ZERO expenses for the duration - never fills up a single gas tank or buys a single meal. Then book deals, speaking engagements.... Good gig really.

The president pays for all the first family's meals, genius.

Sly · 05-17-2011, 11:56 AM

Quote:

Originally Posted by Rochard

Every US president either was a millionaire or will become one shortly. Just four years in office at $400k a year.... Keep in mind they live in the White House and have ZERO expenses for the duration - never fills up a single gas tank or buys a single meal. Then book deals, speaking engagements.... Good gig really.

That really has no bearing on reality. They have expenses. Everything isn't free.

05-16-2011, 09:26 PM	#1
SallyRand So Fucking Banned Industry Role: Join Date: Jan 2008 Location: In A Galaxie Far, Far Away! Posts: 3,487	Obama: The Multi-Millionaire President! http://money.cnn.com/2011/05/16/news...dex.htm?hpt=T2 Obama's money: Heavy on Treasuries By Jennifer Liberto @CNNMoney May 16, 2011: 5:31 PM ET "WASHINGTON (CNNMoney) -- A big portion of President Obama's wealth is invested in federal debt, according to a financial disclosure form released Monday. The president and First Lady Michelle Obama had assets valued between $2.8 million and $11.8 million in 2010. And between $2 million and $10 million of their assets are invested in super-safe U.S. Treasury securities, according to the disclosure form. That's up from $1.5 million to $6 million reported invested in Treasury notes and bills in 2009. The report uses broad financial ranges, making a more precise accounting impossible. The president and First Lady reported no debts. They also have between $350,000 and $800,000 invested in IRAs and other retirement funds, according to the form. And the couple has between $200,000 and $500,000 squirreled away in 529 college savings plans for their daughters Malia and Sasha. That's up considerably since the president took office. In 2008, the Obamas reported between $50,000 and $100,000 in such savings. Much of the Obamas' wealth comes from President Obama's best-selling books "Dreams from my Father" and "Audacity of Hope." Last year, the Obamas earned at least $1.1 million in royalties from books. On their 2010 tax returns, they reported an adjusted gross income of $1,728,096. But their book royalties have dropped from 2009, when they raked in more than $5 million in royalties. The president's children's book, "Of Thee I Sing," published last November, earned him a $134,000 advance. He is donating that money and all proceeds from the book to the nonprofit Fisher House Foundation for a scholarship for children of fallen and disabled soldiers. Obama's annual salary as president in 2010 was $395,188. Michelle Obama received $10,000 from a trust called the Henry G. Freeman Jr. Pin Money Fund set up for first ladies, who don't draw a salary. The fund was set up in 1917 to augment presidential salaries. "

05-16-2011, 09:28 PM	#2
Fletch XXX GFY HALL OF FAME DAMMIT!!! Join Date: Jan 2002 Location: that 504 Posts: 60,840	wonder how it compares to the GWB wealth __________________ Want an Android App for your tube, membership, or free site? Need banners or promo material? Hit us up (ICQ Fletch: 148841377) or email me fletchxxx at gmail.com - recent work - About me

05-16-2011, 09:32 PM	#4
Brujah Beer Money Baron Industry Role: Join Date: Jan 2001 Location: brujah / gmail Posts: 22,157	Wow! Our first multi-millionaire president? Cool. __________________ Free Premium Domain Lists and Tools at Clickmojo.com For Sale: Obscenity.com

05-16-2011, 09:36 PM	#6
blackmonsters Making PHP work Industry Role: Join Date: Nov 2002 Location: 🌎🌅🌈🌇 Posts: 20,484	Wow! All this useless information has got me going in the direction of no fucking where. But hey, I'm getting there really fast. __________________ Make Money with Porn

05-16-2011, 09:40 PM	#8
Jman Too lazy to set a custom title Industry Role: Join Date: Sep 2003 Location: Canuckstikan Posts: 22,723	WHat I like in these "in betweens" is the gap between the $$'s "They also have between $350,000 and $800,000 invested in IRAs and other retirement funds, according to the form. And the couple has between $200,000 and $500,000 squirreled away in 529 college savings plans for their daughters Malia and Sasha. That's up considerably since the president took office. In 2008, the Obamas reported between $50,000 and $100,000 in such savings." __________________ Wowify AI API Porn.AI Affiliates Porn AI email: [email protected] Teams: jean.francois.laverdiere TG: @jman1216

05-16-2011, 09:32 PM	#3
Agent 488 Registered User Industry Role: Join Date: Feb 2006 Posts: 22,511	he made money from book royalties? who cares ... better than backroom dealing and stealing.

05-16-2011, 09:57 PM	#13
Kiopa_Matt Confirmed User Industry Role: Join Date: Oct 2007 Posts: 1,448	SallyRand: The 68yo grandpa, who hopes 20yo guys will hit on him! __________________ xMarkPro -- Ultimate Blog Network Management Streamline your marketing operations. Centralize management of domains, pages, Wordpress blogs, sponsors, link codes, media items, sales and traffic statistics, plus more!

05-16-2011, 10:04 PM	#15
Brujah Beer Money Baron Industry Role: Join Date: Jan 2001 Location: brujah / gmail Posts: 22,157	Do you hate rich people, Sally? I don't understand the negative tone with the article you've posted. We've had dozens of multi-millionaire presidents. __________________ Free Premium Domain Lists and Tools at Clickmojo.com For Sale: Obscenity.com

05-16-2011, 10:53 PM	#17
charlie g Confirmed User Industry Role: Join Date: Aug 2006 Location: Center of the Universe Posts: 2,759	WTF, did they cancel the bingo game at the home gramps? You continue to post the most inane shit you can find. Do you have some secret "whogivesafuck.com" site from which you cut and paste the infos????? I dont like obama as much as anyone but I am happy he is not out begging foreign dignitaries for cash to give his baby's momma. He put money in his children's college fund?????? So he's a good father. There is so much more you could hammer the guy on but you chose the most imbecilic shit...really. ~~~~~~~~~~~~~~~~~~~~~ __________________ AlanAgus1 at gmail dot com -------------------------------

05-17-2011, 03:42 AM	#19
adultchatpay Let's Make Money Industry Role: Join Date: Dec 2008 Posts: 8,784	good luck Mr. President!

05-17-2011, 03:55 AM	#20
Coup 🚨 PBBC International 🚨 Industry Role: Join Date: Apr 2010 Location: /👁\ Posts: 9,931	Last edited by Coup; 05-17-2011 at 03:57 AM..

05-17-2011, 04:09 AM	#21
Adam_M Confirmed User Industry Role: Join Date: Mar 2006 Location: Australia Posts: 3,800	$2 million to $10 million - Now $1.5 million to $6 million - 2009 So he maybe $500k better off now then 2 years ago? Don't sounds like a huge amount to me __________________ DiscountedPorn.Com ReviewedPorn.com

05-17-2011, 04:25 AM	#22
BlackCrayon Too lazy to set a custom title Join Date: Jun 2003 Location: Ottawa Posts: 19,631	sallyrand is obviously a socialist. can't stand someone making money apparently. __________________ you don't know you're wearing a leash if you sit by the peg all day..

05-17-2011, 06:00 AM	#25
nation-x Confirmed User Industry Role: Join Date: Mar 2004 Location: Rock Hill, SC Posts: 5,370	Notice that he didn't say anything about Sarah Palin cashing in on winning the VP nomination lottery

05-17-2011, 08:36 AM	#26
Vendzilla Biker Gnome Industry Role: Join Date: Mar 2004 Location: cell#324 Posts: 23,200	Let the excuses flow, love it You guys keep going after the amount How many of you think it's honest to have 529 college savings plans for their daughters Malia and Sasha?? __________________ Webair died? Carbon is not the problem, it makes up 0.041% of our atmosphere , 95% of that is from Volcanos and decomposing plants and stuff. So people in the US are responsible for 13% of the carbon in the atmosphere which 95% is not from Humans, like cars and trucks and stuff and they want to spend trillions to fix it while Solar Panel plants are powered by coal plants think about that

05-17-2011, 08:45 AM	#28
Rand Industry Vet Industry Role: Join Date: Jan 2002 Location: Santa Monica, CA Posts: 2,663	"George Washington was worth more than half a billion in today's dollars. Several presidents went bankrupt." For an interesting peak at which presidents were the wealthiest, and not, this article shows you each of them from Washington to Obama and just how much wealth they accumulated. . __________________ -- Rand Payment Industry - Communications - Quality Assurance

05-17-2011, 09:00 AM	#33
Wizzo 2011 GFY Hall of Fame! Industry Role: Join Date: Nov 2000 Location: Back in Texas! Posts: 15,224	Just wait until he's out office and will start getting $50-$100k per 30minute speech. He's not that wealthy as compared to last 4 or 5 presidents. __________________ Looking for Opportunity!

05-17-2011, 11:21 AM	#43
uno RIP Dodger. BEST.CAT.EVER Industry Role: Join Date: Dec 2002 Location: NYC Area Posts: 18,450	I don't get what people are griping about at all. The dude wrote not one but two best selling books. He's making royalties out the ass and wisely investing his funds. At least the dude came from practically nothing and made all the money himself. Are you guys' implying he's in the pocket of Big Book? __________________ -uno icq: 111-914 CrazyBabe.com - porn art MojoHost - For all your hosting needs, present and future. Tell them I sent ya!

05-17-2011, 11:49 AM	#48
Rochard Jägermeister Test Pilot Industry Role: Join Date: Dec 2001 Location: NORCAL Posts: 73,666	Every US president either was a millionaire or will become one shortly. Just four years in office at $400k a year.... Keep in mind they live in the White House and have ZERO expenses for the duration - never fills up a single gas tank or buys a single meal. Then book deals, speaking engagements.... Good gig really. __________________ “The choice is no longer between right or left. The choice is between normal and crazy.” - Sarah Huckabee Sanders YNOT MAIL \| THE BEST ADULT MAILING SOLUTION