I don’t know about you, but I am sick of all the Democratic
mud-slinging at Mitt Romney because he is rich. The level of hypocrisy
tells me that Obama and his trolls are so bereft of anything to offer
the voters that they insult them with this class warfare garbage about
“millionaires and billionaires.”
President Obama, according to a May 15, 2012 USA Today news article, “is a wealthy man with assets of as much as $10 million. Moreover, “he has a hefty stake in JP Morgan Chase, the megabank…with an account worth between 500,000 and $1 million.”
Romney is rich. If he is elected, the Forbes list of the ten richest U.S. Presidents noted that in 2010 he reported adjusted gross income of $22 million of which $8 million was interest and dividends.” The January 24, 2012 Forbes article by William P. Barrett said that “implies assets in the range of $200 million to $250 million.”
Romney, however, “would not be tops in presidential wealth. At the top of the list, in adjusted terms, George Washington was one of the wealthiest men in the nation when he became president. Mount Vernon plantation grew to 6,500 acres and Washington was a canny businessman, distilling booze, and even raising mules.
In 2010 dollars, Democrats who held the presidency in the last century included John F. Kennedy whose net worth was $1 billion. Jacqueline Kennedy was an oil heiress and his father was one of the wealthiest men in America. Almost all of JFK’s wealth income and property came from a trust shared with other family members.
Read more: http://www.canadafreepress.com/index.php/article/48063
President Obama, according to a May 15, 2012 USA Today news article, “is a wealthy man with assets of as much as $10 million. Moreover, “he has a hefty stake in JP Morgan Chase, the megabank…with an account worth between 500,000 and $1 million.”
Romney is rich. If he is elected, the Forbes list of the ten richest U.S. Presidents noted that in 2010 he reported adjusted gross income of $22 million of which $8 million was interest and dividends.” The January 24, 2012 Forbes article by William P. Barrett said that “implies assets in the range of $200 million to $250 million.”
Romney, however, “would not be tops in presidential wealth. At the top of the list, in adjusted terms, George Washington was one of the wealthiest men in the nation when he became president. Mount Vernon plantation grew to 6,500 acres and Washington was a canny businessman, distilling booze, and even raising mules.
In 2010 dollars, Democrats who held the presidency in the last century included John F. Kennedy whose net worth was $1 billion. Jacqueline Kennedy was an oil heiress and his father was one of the wealthiest men in America. Almost all of JFK’s wealth income and property came from a trust shared with other family members.
Read more: http://www.canadafreepress.com/index.php/article/48063
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