OBAMA-CLINTONOMICS:
You were wondering how many jobs went to illegals and how well Obama’s crony banksters have done???
The sputtering economic recovering under President Obama, the last to follow a major recession, has fallen way short of the average recovery and ranks as the worst since the 1930s Great Depression, according to a new report.
Had the recovery under Obama been the average of the 11 since the Depression, according to the report, family incomes would be $17,000 higher, six million fewer Americans would be in poverty, and there would be six million more jobs.
t is a reasonable question to ask if Barack Obama will outdo the Clintons in accumulating wealth in his post-presidency. Gardiner Harris of the New York Times reports that the president has ambitions that would indicate wealth of that magnitud...
Will Obama be the first billionaire ex-president?
It is a reasonable question to ask if Barack Obama will outdo the Clintons in accumulating wealth in his post-presidency. Gardiner Harris of the New York Times reports that the president has ambitions that would indicate wealth of that magnitude:
After he is out of the White House, President Obama has said that he wants to become a venture capitalist, own part of an N.B.A. franchise and avoid taking off his shoes during security screenings at commercial airports.
That last item, of course, indicates a desire to travel exclusively by private jet. He will be off to a good start:
All of those goals, serious or not, might soon be achievable if Mr. Obama and his wife, Michelle, sign post-presidency book contracts for what literary agents and major publishers say could amount to $20 million to $45 million — more than enough to pay the estimated $22,000 monthly rent for the nine-bedroom home they will occupy in the Kalorama neighborhood of Washington and foot the bill for flights on private jets. (Mr. Obama has said he would like to avoid commercial flights once he surrenders Air Force One.)
But as Richard Baehr pointed out to me, "he could be the first billionaire ex-president, given his age. At a hedge fund, he could do as little as Rahm Emanuel did at his firm, but earn 25 times as much."
One potential fly in the ointment: The National Enquirer has reported for months that the Obamas will divorce after they leave the White House. I have no idea if their sources for this are equal to their enterprise reporting on John Edwards.
If the Obamas do divorce, that might halve the existing assets, but it would also mean that post-divorce earnings of Barack would not be claimed by Michelle, perhaps encouraging him to recover his financial losses rapidly.
Lucrative Book Deals Might Finance the Obamas’Post-White House Life
SEPTEMBER 4, 2016
WASHINGTON — After he is out of the White House, President Obama has said that he wants to become a venture capitalist, own part of an N.B.A. franchise and avoid taking off his shoes during security screenings at commercial airports.
All of those goals, serious or not, might soon be achievable if Mr. Obama and his wife, Michelle, sign post-presidency book contracts for what literary agents and major publishers say could amount to $20 million to $45 million — more than enough to pay the estimated $22,000 monthly rent for the nine-bedroom home they will occupy in the Kalorama neighborhood of Washington and foot the bill for flights on private jets. (Mr. Obama has said he would like to avoid commercial flights once he surrenders Air Force One.)
“His is going to be easily the most valuable presidential memoir ever,” said Raphael Sagalyn of the ICM/Sagalyn Literary Agency, who predicted that Mr. Obama could earn as much as $30 million with a two- or three-book contract. “And I think Michelle Obama has the opportunity to sell the most valuable first lady memoir in history.”
Other agents suggested similar numbers, but publishers — who are the ones who actually sign authors’ checks — balked at such lofty evaluations, with several saying Mr. Obama is unlikely to earn more than $12 million and Mrs. Obama $10 million.
Robert B. Barnett, who served as Mr. Obama’s agent on a 2004 book deal, and representatives for Crown, which published Mr. Obama’s three previous books, declined to comment. So did the White House.
“There will be plenty of time post-presidency to discuss books and book contracts, but for now the focus of the president and first lady is on squeezing every last ounce of progress out of the next five months,” said Jen Psaki, the White House communications director.
Mr. Obama may be the most successful presidential author since Theodore Roosevelt, who wrote 42 books, including the popular “Hunting Trips of a Ranchman,” published in 1885, and “The Wilderness Hunter,” published in 1893. But every winning presidential candidate since 1952 has written at least one book before entering the White House. John F. Kennedy was a success with “Profiles in Courage,” a best seller that won a Pulitzer Prize. Kennedy’s authorship of the bookhas since been questioned.
Mr. Obama’s three books — “Dreams From My Father,” “The Audacity of Hope” and “Of Thee I Sing” — have sold more than four million copies, according to publishing lists, and earned him more than $10 million, according to financial disclosures.
Publishers hope that Mr. Obama’s writing ability could make his memoir not only profitable in its first years but perhaps for decades to come. Among presidential memoirs, only the one by Ulysses S. Grant, published in 1885, is considered by many historians to be timeless.
Mr. Obama’s first book, “Dreams From My Father,” has been praised as literary, and since taking office, Mr. Obama is widely seen as one of the most skilled speechwriters to ever put pen to legal pad in the Oval Office. There is also hope that he might open up about himself, as he did in his first book.
“You’re going to sell a lot of books when you first publish Obama’s memoir, but you could also sell a lot to your children’s children,” said David Black, a New York literary agent. “That doesn’t happen all that often, but because this guy’s a real writer, it has a good chance.”
Writing books and giving paid speeches has become the preferred occupation of former presidents. Gerald R. Ford gave hundreds of speeches on what he called the “mashed potato circuit” after losing the 1976 election. Ronald Reagan earned $2 million for eight days of speeches in Japan. Bill and Hillary Clinton earned $153 million between 2001 and 2015 from paid speeches, CNN estimated, and George W. Bush has quietly earned tens of millions himself.
But books are the preferred way to make money because they do not have the taint of paid speeches, and they generally sell well.
Despite a second term that left him among the most unpopular departing presidents in history, Mr. Bush’s book “Decision Points” was a hit, selling about two million copies and earning Mr. Bush an estimated $10 million. Similarly, Mr. Clinton’s memoir, “My Life,” was a best seller, with at least 1.4 million copies in print.
Memoirs by first ladies have also been profitable. Mrs. Clinton earned an $8 million advance for “Living History” after she left the White House, and Laura Bush was paid millions for “Spoken From the Heart.”
Georges Borchardt, a New York-based literary agent, said that Mr. Obama’s popularity outside of the United States would make the foreign rights to his books more profitable than those for any other former president. “And the same goes for Michelle Obama,” Mr. Borchardt said. “She can write whatever she wants.”
Under a $1.9 million contract he signed in 2004 with Crown, Mr. Obama is obliged to produce another nonfiction book for the publishing house. But Mr. Barnett has said that book would not be a memoir, and no one interviewed for this story thought Mr. Obama would deliver that book to Crown under the 2004 terms.
Agents and publishers speculated that Mr. Obama’s memoirs could come in two volumes, one for each term. He could also write a book on race relations in the United States, which was the original plan for “Dreams From My Father” before he turned that book into a memoir.
Whether Mr. Obama will be able to deliver a manuscript as quickly as his publisher would like is unclear. His first contract for “Dreams From My Father” was canceled after he badly missed his deadline. He was able to finish the memoir only after secluding himself in a cottage on Sanur Beach on Bali, Indonesia.
Mr. Obama told Jimmy Fallon in June that, after spending eight winters in Washington, he and Michelle would fly to “some place warm for a while” when their term ends, perhaps to write again.
He could have a head start. Before he was president, Mr. Obama adopted the author’s habit of writing regularly in a journal. His boss as a Chicago community organizer, Jerry Kellman, said that Mr. Obama aspired to two things: to work for social change and write a novel.
“I think the big surprise could come from Michelle,” said Sandra Dijkstra, a literary agent based in San Diego. “But one thing is for sure: They’ll be able to afford to buy that house on Martha’s Vineyard they’ve been renting.”
OBAMA’S GIFT TO HILLARIA:
OPEN BORDERS AND A MILLION MEXICAN CRIMINAL LINING UP TO VOTE FOR MORE LA RAZA SUPREMACY!
Most Americans (legals) would be appalled to know that from day one the Obomb has funded the MEXICAN FASCIST PARTY of LA RAZA “The Race” with U.S. tax dollars and this racist party has operated out of the white house under LA RAZA V.P. Cecilia Munoz.
"The decline in homeownership is one sign of the deep social crisis in the United States. As rents and housing costs have soared, spurred on by financial speculation that has enriched the ruling elites, incomes and jobs for most Americans have shriveled."
"These figures present a scathing indictment of the social order that prevails in America, the world’s wealthiest country, whose government proclaims itself to be the globe’s leading democracy. They are just one manifestation of the human toll taken by the vast and all-pervasive inequality and mass poverty
OBAMA-CLINTONOMICS TO SERVE THE SUPER RICH: The slow and painful death of America that dominates American society."
THE OBAMA SOLUTION TO WHITE CHRISTIAN AMERICA: DRUG ADDICTION!!!
MEXICO: AMERICA’S DRUG DEALER!
The same period has seen a massive growth of social inequality, with income and wealth concentrated at the very top of American society to an extent not seen since the 1920s.
“This study follows reports released over the past several months documenting rising mortality rates among US workers due to drug addiction and suicide, high rates of infant mortality, an overall leveling off of life expectancy, and a growing gap between the life expectancy of the bottom rung of income earners compared to those at the top.”
THE MEXICAN DRUGS CARTELS HAVE GREATLY BENEFITED FROM BARACK OBAMA’S SABOTAGE OF HOMELAND SECURITY.
THE CLINTON “JOBS” PLAN ENDORSED BY NARCOMEX – IT’S CALLED AMNESTY!
Clinton, in the guise of a “jobs” and “infrastructure” program, promoted yet another scheme to hand out tax cuts and other incentives for companies to hire workers at poverty-level wages, with the trade unions brought in to keep the workers in line in return for a cut in the spoils.
OBAMA-CLINTONOMICS FOR THE RICH: On behalf of bankster-owned Barack Obama, Yellen vows to the rich and crony banksters that they will be protected and subsidized with no strings bailouts during the next looming economic meltdown around the corner from elections.
“In fact, these policies have already produced financial and asset bubbles that are unsustainable, and there are increasing signs of financial instability and crisis. There are growing warnings that the spread of negative interest rates is leading to a new financial meltdown even worse than the disaster that struck eight years ago.”
"The same period has seen a massive growth of social inequality, with income and wealth concentrated at the very top of American society to an extent not seen since the 1920s."
TtHE OBAMA DOCTRINE: ABET CRONY BANKSTERS SO THEY CAN FINISH OFF THE AMERICAN MIDDLE CLASS. KEEP BORDERS WIDE OPEN TO EASE MILLIONS OF MEX FLAG WAVERS INTO OUR JOBS, WELFARE OFFICES AND VOTING BOOTHS, AND EXPAND THE MEXICAN DRUG CARTELS’ MARKETS IN AMERICA’S OPEN BORDERS TO KILL OFF AMERICA’S WHITE POPULATION TO BUILD A MUSLIM-STYLE DICTATORSHIP FOR ONE BARACK OBAMA, THE “Hope & Change” HUCKSTER FROM CHICAGO.
"The decline in homeownership is one sign of the deep social crisis in the United States. As rents and housing costs have soared, spurred on by financial speculation that has enriched the ruling elites, incomes and jobs for most Americans have shriveled."
LA RAZA SUPREMACIST OBOMB FLOODS AMERICA WITH ILLEGALS!
THE OBAMA-CLINTON AMNESTY KEEPS WAGES DEPRESSED, DESTROYS THE
AMERICAN MIDDLE CLASS AND BUILDS THE DEMOCRAT PARTY'S LA RAZA
PARTY BASE OF MEXICAN FLAG WAVERS.
"More than 728,000 illegal immigrants have been shielded from being deported and
granted work permits through President Barack Obama’s 2012 executive amnesty program, according to the Migration Policy Institute."
AMERICA'S ROAD TO REVOLUTION
…..will pass right through Hillary Clinton’s Mansion door!
“Our entire crony capitalist system, Democrat and Republican alike, has become a kleptocracy approaching par with third-world hell-holes. This is the way a great country is raided by its elite.” ---- Karen McQuillan THE AMERICAN THINKER.com
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