SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: i-node who wrote (663328)7/21/2012 9:35:34 PM
From: puborectalis  Read Replies (2) | Respond to of 1576322
 
Obama worth 6M............As to be expected for the nation’s top politico and his wife, the vast majority of the Obamas’ fortune these days is held in plain vanilla U.S. treasurys, worth about $3.4 million. We figure he has $2.4 million in notes and $1 million in T-bills, lower than the $5.2 million in treasurys estimated off the May 16, 2011 disclosures, due to a drop in the value of their T-bills (T-bills were previously estimated in higher range on the disclosure form and have dropped). The Obamas also have nearly three quarters of a million in cash (this position moved up a bracket), $625,000 in mutual funds and ETFs, including about $300,000 in college funds for their girls, as well as a $90,000 in a State of Illinois pension fund.



To: i-node who wrote (663328)7/21/2012 9:41:17 PM
From: puborectalis  Respond to of 1576322
 
Next week in London, athletes from around the world will go for the gold. But as it turns out, the Olympic gold medal is mostly made of silver.

Weighing in at 412 grams -- or roughly the weight of a can of green beans -- the gold medal is made up of only 1.34%, or about 6 grams of gold.

[iframe allowtransparency="true" hspace="0" vspace="0" marginheight="0" marginwidth="0" src="http://ads.cnn.com/html.ng/site=cnn_money&cnn_money_position=220x200_ctr&cnn_money_rollup=business_news&cnn_money_section=quigo&page.allowcompete=no¶ms.styles=fs&page.allowcompete=yes&tile=1342921178797&page.allowcompete=yes&domId=274798" border="0" frameborder="0" height="200" width="220" scrolling="no" id="274798" style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px; border-top-width: 0px; border-right-width: 0px; border-bottom-width: 0px; border-left-width: 0px; border-style: initial; border-color: initial; outline-width: 0px; outline-style: initial; outline-color: initial; font-size: 12px; vertical-align: baseline; background-image: initial; background-attachment: initial; background-origin: initial; background-clip: initial; background-color: transparent; position: relative; visibility: visible; background-position: initial initial; background-repeat: initial initial; "][/iframe]


The rest is comprised of 93% silver and 6% copper.

Melted down and sold at today's market value, those raw materials would be worth about $650.

In comparison, the silver medal -- made up of 93% silver and 7% copper --- would be worth about $335. The bronze medal, mostly made of copper, would be worth less than $5.




To: i-node who wrote (663328)7/21/2012 9:49:14 PM
From: FJB1 Recommendation  Respond to of 1576322
 
Obama Paid $93k for Half-Empty Stadium Kick-Off Event

12:35 PM, Jul 21, 2012 • By DANIEL HALPER


According to disclosure forms with the Federal Election Commission, President Obama's reelection team appears to have paid $92,751.50 to rent the Ohio State University's Jerome Schottenstein Center, the site of the campaign's much touted kick-off even in May.



The disclosure appears on records of the campaign's June spending, though the event took place May 5. And of course does not include other costs associated with the event; only the cost of renting the arena.

The event was widely considered a dud, and perhaps best remembered for images of the numerous empty seats:



The Drudge Report headline after the campaign launch event read, "OBAMA LAUNCHES CAMPAIGN IN HALF EMPTY STADIUM."

But it was not supposed to be that way. As ABC News reported the day of the event, "The Obama campaign expects overflow crowds ... as part of carefully orchestrated optics. Aides want to portray the president as still highly popular among young people and still able to energize large crowds."