September 21, 2017
Obama's subsidy-rich lifestyle
As much as former
President Obama advises us that 'at a certain point, you've made enough money' things are different
when it comes to him. Redistribution advice is for little people. For him, it's
all about free stuff for multimillionaires, a subsidized lifestyle if there
ever was one - for trips to Tahiti, to billionaire yachts, to Italy, to the
Caribbean. There hasn't really been anyone more at odds with his own advice
once his own expenses are taken into account.
Already, we know Obama's
a copious consumer of luxury travel, given his gargantuan expenditures, often
for useless or partisan political trips, while he was in office. According to
the tally from Judicial Watch, it came to $105
million from the taxpayer, mostly for his end-to-end vacations.
But now, in his
post-presidency, he's spending up an even bigger storm. According to a citation
from Tammy Bruce:
Times reported, “Former President Barack Obama is about to become the
most expensive ex-president, costing taxpayers $1,153,000 next year, according
to a new Congressional Research Service memo looking at the official allowances
for the five living former chief executives. His $1,153,000 budget request for
2018 is more than $100,000 higher than George W. Bush’s request for next year
and nearly $200,000 more than Bill Clinton’s expected budget. George H.W. Bush
is slated to get $942,000, while Jimmy Carter will get less than half that, at
Bruce notes that our
subsidy-loving president is worth $25 million dollars, with he and he and his
wife scarfup another $65 million in book deals. He's also raking in $400,000
per speech, from the likes of places such as Goldman Sachs. Apparently, he
hasn't gotten to that 'certain point' yet.
Bruces notes that
compared to other ex-presidents, Obama also is the biggest trough-feeder. He
draws more than $1 million in pensions and office equipment, in addition to
Secret Service protection. Yet he already has an enormous personal fortune.
Rep. Joni Ernst, she
writes, is trying to put a stop to it, with a bill that puts caps on how much
salary and expenses a multimillionaire ex-president can claim, proposing a
$200,000 pension cap and a $250,000 office equipment cap. Bruce doesn't think
the bill goes far enough but at least the cookie jar will get its lid back.
Because the bottom line
is that Obama never really sees himself as the superrich no matter how big his
pile ges. He continues to view himself as a community organizer, taking after
the welfare queens, following their example, and looting the taxpayers for all
he can get.
Retiree On Pension Still Has Not Made Enough Money, Occupies Wall Street … Sort Of