President Obama Have Only $1,000 In Bank While Clintons Earn $30m Speaking. - Politics - Nairaland
Nairaland Forum › Nairaland General › Politics › President Obama Have Only $1,000 In Bank While Clintons Earn $30m Speaking. (1115 Views)
| President Obama Have Only $1,000 In Bank While Clintons Earn $30m Speaking. by hopilo(op): 3:42pm On May 19, 2015 |
Hillary Clinton and former President Bill Clinton have reported they earned more than $25m (£16m) in speaking fees since last year. Mrs Clinton's presidential campaign said she and her husband were paid the sum for more than 100 speeches between January 2014 and May 2015. She also earned more than $5m from her memoirs published last year, Hard Choices, her campaign reported in a financial disclosure to the Federal Election Commission. President Barack Obama and his wife Michelle, meanwhile, reported in their own financial disclosure filing that they have $1,001 in a savings account. The Clintons paid an effective tax rate of more than 30% in the 2014 tax year, a Clinton campaign official said. She has been presenting herself as a champion of American working families as she starts her second White House campaign, but the Republicans and some liberals will seize on her millions to portray her as out of touch. During last year's book tour, Mrs Clinton was ridiculed after claiming her family was "dead broke" when they left the White House in 2001. Some critics believe she is too closely allied with Wall Street to address the yawning income inequality gap in the US. Mrs Clinton last filed a financial disclosure report during her final year as Secretary of State in 2012. She reported then that her and her husband's wealth was between $4m and $20m. Though the Obamas have only a few hundred dollars in their JP Morgan account, the US first family are far from dead broke. They have squirrelled away between $200,000 and $400,000 into other accounts for daughters Malia, 16, and Sasha, 13, to go to college. The president also lists a combined value of two bank accounts as between $51,002 and $115,000. His retirement accounts, meanwhile, are worth at least $350,003. And Mr Obama coined in between $45,000 and $150,000 in royalties from his three books over the last year. The Obamas' total assets are worth between $1.9m and $6.9m, according to the disclosure form. And when the president leaves the White House in two years, the lucrative speech circuit will beckon https://uk.news.yahoo.com/clintons-earn-30m-obamas-1-000-bank-213055190.html#
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| Re: President Obama Have Only $1,000 In Bank While Clintons Earn $30m Speaking. by Damikevin(m): 3:51pm On May 19, 2015 |
How much does a Nigerian house of reps member have?. |
| Re: President Obama Have Only $1,000 In Bank While Clintons Earn $30m Speaking. by kilode100(f): 3:58pm On May 19, 2015 |
Damikevin:Good question. |
| Re: President Obama Have Only $1,000 In Bank While Clintons Earn $30m Speaking. by Idiataqueen(f): 4:14pm On May 19, 2015 |
Not in nigeria |
| Re: President Obama Have Only $1,000 In Bank While Clintons Earn $30m Speaking. by Volksfuhrer(m): 4:42pm On May 19, 2015 |
Speaking fees? The Clintons are lying. These payments are campaign contributions disguised as income from speaking engagement! |
| Re: President Obama Have Only $1,000 In Bank While Clintons Earn $30m Speaking. by Volksfuhrer(m): 4:43pm On May 19, 2015 |
Double post. |
| Re: President Obama Have Only $1,000 In Bank While Clintons Earn $30m Speaking. by StPete: 5:06pm On May 19, 2015 |
Dino Melaye just confirmed to us with his numerous posts on twitter that the reverse is the case with Nigerian Politicians. No wonder Politics is a do-or-die affair, and the economy suffers massively for it. I pity our dear country. |
| Re: President Obama Have Only $1,000 In Bank While Clintons Earn $30m Speaking. by mikolo80: 5:58pm On May 19, 2015 |
StPete:na pre paid we de do(can you blame them)poverty na die sugboooon when obama hits the speech circuit he will make the clintons look like learners nothing like being good at something cos i dunno if anybody wants to hear dubya speak |
| Re: President Obama Have Only $1,000 In Bank While Clintons Earn $30m Speaking. by Nobody: 7:05pm On May 19, 2015 |
Obama is a millionaire |
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