Obama seems to be spreading quite a bit of wealth into his own pockets. You gotta give the guy credit, he wrote his books first and then had Ayers/Soros make him famous so that those royalties could roll in while he works to dismantle the United States of America -- as we know it:
Three things are apparent from President Obama's annual financial disclosure statement, released today:He is a wealthy man, with assets of as much as $10 million.
He has a hefty stake in JPMorgan Chase, the megabank that just made a bad $2 billion bet. Obama has an account worth between $500,000 and $1 million.
Despite the nation's $15.6 trillion debt, he is a believer in government paper. More than half of his assets are in Treasury bills and notes.
The disclosure statement lists assets and liabilities in dollar ranges, so pinpointing the president's net worth is difficult. His assets appear to tally between $2.6 million and $9.9 million. He holds a mortgage on his Chicago home of $500,000 to $1 million.
As was clear from Obama's income tax filing, much of his income continues to roll in from book royalties. The disclosure form lists $100,000 to $1 million in royalties from Dreams From My Father, $100,000 to $1 million from Of Thee I Sing: A Letter to My Daughters, and $50,000 to $100,000 from The Audacity of Hope.
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