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Posted: Mon Jul 26, 2010 8:42 am
by thibodeaux
Posted: Mon Jul 26, 2010 8:45 am
by GORDON
Goodness.
Posted: Mon Jul 26, 2010 9:10 am
by TheCatt
He says he and first lady Michelle Obama took a hit like everybody else when the economy nearly collapsed, telling ABC that a college fund for daughters Malia and Sasha has gone "up and down" with the stock market.
Yeah, that and $400k/year, and all of your expenses in life paid for is just like the guy who lost his $50k/year job, has 3 kids, no savings, and is on unemployment.
Posted: Mon Jul 26, 2010 9:18 am
by thibodeaux
Wait, did the economy REALLY "nearly collapse?"
Posted: Mon Jul 26, 2010 9:38 am
by GORDON
All I could wonder was how much money he personally had tied up in all of those industries he bailed out.
Posted: Mon Jul 26, 2010 10:35 am
by TheCatt
iirc, presidents have to put their money into blind trusts to be administered by an outside party while they are in office.
Posted: Mon Jul 26, 2010 10:38 am
by GORDON
Never heard of that, good idea.
Posted: Mon Jul 26, 2010 10:45 am
by TheCatt
I just googled it, apparently the Johnsons were the first to do it. Obamas did it during their run for president.
Posted: Mon Jul 26, 2010 10:53 am
by GORDON
I've got five bucks that says he knows where his money is.