Just how does a President get this rich? - Page 2
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Thread: Just how does a President get this rich?

  1. #11
    Senior Member Reloadron's Avatar
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    Quote Originally Posted by Titus View Post
    When Obama was in office of all the presidents he racked up the most debt of all the presidents and all he accomplished was make problems and jack up the country when he came in to office there was about 10 trillion dollars of national debt when he left office about 19 trillion.
    Actually while I despised Barack Obama's ideals he did not rack up more dept than any other president. That rite belongs to FDR (Franklin D. Roosevelt). President Franklin Roosevelt, who presided over most of World War II, left the country with more debt than every other president to date. Public debt as a share of GDP was at 95.7 percent in 1944, his last full calendar year in office.

    President Obama is the second-worst president in this category, with public debt at 74.1 percent of GDP in 2014. Even under President Obama’s budget proposal, public debt would still be 74.3 percent of GDP in 2016, his last year in office.

    I only point this out so if the subject ever comes up you will have the right answer. We need to look at debt as a percentage of the GDP. That is only one measure, there are a few others.
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    So while I did despise him and his policies and cabinet he really did not grab the spending title.

    Ron



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  2. #12
    Senior Member MisterMills357's Avatar
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    It isn't just him, I flew over DC about 25 years ago, and the fancy houses started appearing about 50 miles distance from it. There are loads of people that make their fortunes there, it is sick

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    Thank you for pointing that out for me

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    Hard to compair fighting World War Two to obama's eight years.
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    Аѕ оf 2019, Gеоrgе Вuѕh nеt wоrth сurrеntlу ѕtаndѕ аt $40 mіllіоn. Тhе ѕоurсе оf Gеоrgе Вuѕh nеt wоrth fоrtunе іѕ frоm hіѕ buѕіnеѕѕ іnvеѕtmеnt that hаѕ rеturnеd hugе рrоfіtѕ, the fасt that hе hаѕ bееn а gоvеrnоr оf Техаѕ аnd nоt fоrgеttіng the UЅ рrеѕіdеnt fоr two tеrmѕ аѕ wеll. Тоdау Gеоrgе Вuѕh nеt wоrth gеtѕ а bооѕt оbvіоuѕlу frоm hіѕ реnѕіоn but the mоtіvаtіоnаl tаlkѕ hе gіvеѕ ѕіnсе іt’ѕ оn rесоrd hе еаrnѕ аrоund $150,000 реr tаlk. Не аlѕо еаrnѕ frоm аuthоrіng bооkѕ.

  6. #16
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    George Bush comes from a wealthy family. Not to mention, he was wealthy before becoming Governor and then President.

    Before the O-Hole entered politics he was a broke Kenyan emigrant scrapping on the streets of Chicago.

    As to the National Debt increase under FDR. He was President during a World War. Those are expensive.
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    2017:

    George H.W. Bush saw his fortune grow from $4 million before he entered the White House to $23 million today, and his son, George W. Bush, started his presidency with $20 million; now, he's reportedly worth $35 million.

    Bill and Hillary Clinton -- $75 million net worth represents a staggering 6,150 percent increase over the $1.2 million the couple had when Bill Clinton took office in 1993. Over 15 years, they've made $153 million for 729 speeches, earning an average of $210,795 per address.

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    Don't forget the $154 million bribe to the Clinton foundation for the Uranium One deal.

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    Some presidents get rich selling artwork on eBay.

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    Quote Originally Posted by BigNastyCowboy View Post
    Аѕ оf 2019, Gеоrgе Вuѕh nеt wоrth сurrеntlу ѕtаndѕ аt $40 mіllіоn. Тhе ѕоurсе оf Gеоrgе Вuѕh nеt wоrth fоrtunе іѕ frоm hіѕ buѕіnеѕѕ іnvеѕtmеnt that hаѕ rеturnеd hugе рrоfіtѕ, the fасt that hе hаѕ bееn а gоvеrnоr оf Техаѕ аnd nоt fоrgеttіng the UЅ рrеѕіdеnt fоr two tеrmѕ аѕ wеll. Тоdау Gеоrgе Вuѕh nеt wоrth gеtѕ а bооѕt оbvіоuѕlу frоm hіѕ реnѕіоn but the mоtіvаtіоnаl tаlkѕ hе gіvеѕ ѕіnсе іt’ѕ оn rесоrd hе еаrnѕ аrоund $150,000 реr tаlk. Не аlѕо еаrnѕ frоm аuthоrіng bооkѕ.
    He came from oil money to boot, and - as I understand it - recently bought a huge plot of land in Paraguay:

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