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The Idiots Guide to Wealth Creation; or How to Become a United States Senator
Townhall.com ^ | May 24, 2014 | John Ransom

Posted on 05/24/2014 5:42:58 AM PDT by Kaslin

As long as one sorely needs a certain additional amount, that man isn’t rich. Seventy times seventy millions can’t make him rich, as long as his poor heart is breaking for more. I am just about rich enough to buy the least valuable horse in your stable, perhaps, but I cannot sincerely and honestly take an oath that I need any more now. And so I am rich. But you, you have got seventy millions and you need five hundred millions, and are really suffering for it. Your poverty is something appalling.—Mark Twain to Cornelius Vanderbuilt

He lies in little things, and he lies in big things.

No, I’m not talking about your local divorce lawyer, although he lies a lot too.

I’m talking about Barack H. Obama, sometimes known in liberal parts as Jesus H. Christ.

Now, before I get tons of email calling me sacrilegious because of the JHC crack, please make sure you understand this part first: The tiny email button to contact me directly is now located on the bottom left side of the page, right next to my picture.

So go ahead and email me.

Seriously. Or be funny. Or indignant.

Chef’s choice.

Back to the column: Obama promised that in solidarity with federal employees, he would take a 5 percent pay cut when federal employees were furloughed.

“Obama promised last April to take a 5 percent pay cut in ‘solidarity’ with federal employees who were furloughed as a result of the automatic budget cuts,” writes the Washington Free Beacon, “known as the sequester. The cut was meant to equate to the level of spending cuts imposed on nondefense federal agencies.”

And of course when asked about it now, the White House will neither confirm nor deny that the president made good on his promise.

A promise that would have amounted to about $20,000—a relatively small sacrifice for a multi-millionaire-- or only a third of all the welfare and entitlement benefits a person would receive who lives in Hawaii.

And while some looked at Obama as a man of promise, we know him now to be a man of broken promises.

In both little things and in big things.

And big things are what Obama’s soon to be all about.

As in big money.

No one knows exactly what Obama’s worth—at least no one not serving at a minimum security federal prison—but the best guesses are that the Obamas are worth $10-$12 million with tens of millions more dollars to be generated once Obama leaves the presidency.

On the day Obama leaves office he’ll start negotiating the largest book deal in presidential history, if he isn’t already doing it.

In fact, if I were to write The Idiots Guide to Wealth Creation in America it would be a very short book.

In fact, I will share the whole book outline, right now, trusting that you, my faithful readers, will not steal this idea before I have a chance to convince some publisher that I’m crazy.

Oh, wait, too late.

So here goes:

The Idiots Guide to Wealth Creation

Introduction:

First be an idiot.

Chapter One:

Next become president of the United States.

Prologue:

And if you can’t do that, at least be a United States Senator, which means you can skip the introduction.

I know I spoiled the ending, but truthfully we know how this ends.

Because one thing that I have noted about ex-presidents and ex-vice presidents, especially the liberal ones, is as fond as they are about ragging on the rich, they most definitely use the office they were honored by to make sure that the cash flow never ends after they leave office.

They really, really like being rich.

But here’s what sets Obama apart.

The man is already pretty rich.

But apparently he’s not rich enough to keep a $20,000 promise to the American people as he spends billions in campaign donations and trillions in federal tax dollars and chastises other people for having too much money.

Obama's like the sleazy divorce lawyer, in the great big house he can't afford, who overbills the unsuspecting client-- or in this case the taxpayer.

He lies in big things and he lies in little things.

Obama tells others that they are rich enough, yet he’s too poor to keep his promise of shared sacrifice even when it’s merely a token.

And that’s the mark of a pretty damn poor man by anyone's measure.


TOPICS: Business/Economy; Culture/Society
KEYWORDS: barack0bama; corneliusvandervilt; marktwain; rich; sequester; wealthcreation

1 posted on 05/24/2014 5:42:58 AM PDT by Kaslin
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To: Kaslin

Becoming president has a pretty good return.

That poor boy from Hope made over $100,000,000.00 as a “public servant.”


2 posted on 05/24/2014 5:47:49 AM PDT by boycott
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To: Kaslin

Bump


3 posted on 05/24/2014 5:56:01 AM PDT by WashingtonSource
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To: Kaslin

Poor man;even poorer excuse for a public servant.


4 posted on 05/24/2014 6:18:04 AM PDT by oldtech
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To: Kaslin
2014

Obunga is through

Bork Obunga

B4 he Borks U

Burma Shave!!

...or maybe "Bunga-Shave".....

5 posted on 05/24/2014 6:22:58 AM PDT by varmintman (It must really suck to be a Nazi in Kiev these days...)
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To: boycott
Becoming president has a pretty good return. That poor boy from Hope, Ark, made over $100,000,000.00 as a “public servant.”

Lawyers Bill and Hillary have held no other jobs but “public service”---they didn't have a pot to *** in in Arkansas---didn't even own a home. But they are experts at gaming the "public service" system for themselves. The Clintons conniving has enriched them. They are now worth more than $100 million dollars.....and counting.

How did they make the money? In several ways.

(1) Bill's calculated presidential moves w/ pen and policies profited numerous cronies and entities.....they are now being hit up for donations to the three Clinton tax-exempt "foundations.....and for Hillary's income.

(2) Bill's pardon pen was useful in pardoning voting blocs which got Hillary elected to the US Senate as a prelude to her presidential ambitions.

(3) As ex-Secy of State, Hillary's current income alone is estimated at a hefty $600,000.

(4) As one example of the Clintons gaming the system: News reports say the State Department announced it has "no idea" what happened to $6 billion used to pay its contractors..... a special “management alert” warned “significant financial risk and a lack of internal control at State has led to billions of unaccounted dollars....under Hillary's watch.

more below

6 posted on 05/24/2014 7:13:39 AM PDT by Liz
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To: Kaslin
Seriously, why is it always the name of Christ that is used to express frustrations?

Why not Buddha or Mohammed?

7 posted on 05/24/2014 7:14:06 AM PDT by ealgeone (obama, borderof)
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To: All
.....the State Department announced it has "no idea" what happened to $6 billion used to pay its contractors..... a special “management alert” warned “significant financial risk and a lack of internal control at State has led to billions of unaccounted dollars....under Hillary's watch........

It is astoundingly easy to steal govt money. One commonly-used, ridiculously easy MO: A crooked govt insider in collusion w/ govt factotums creates phony invoices (supposedly submitted by "contractors" for work that never existed).

The govt agency then writes the check to pay the bill out of govt funds set aside for contractual work. But the check is deposited in a secret LLC account, accessible only by the crooked insider.

Billions can be stolen in this easy-peasy, no-sweat manner....especially if you head the agency.

The Sultan of Brunei contributed to "The Clinton Foundation" As Hollywood hotshots protest the Beverly Hills Hotel over its ownership by Brunei's sultan and his embrace of Sharia law, it turns out the Brunei government has financial connections to "The Clinton Foundation."

The tax-exempt, nonprofit Clinton foundation lists Brunei along with Kuwait, Oman and Qatar as donors that gave between $1 million and $5 million through last year.

The Clinton foundation itself confirmed the 2002 Brunei donation: "The Clinton Foundation's impact would not be possible without the generous support of our donors," the foundation's website reads. "Their contributions have made a difference in the lives of tens of millions across the world." Read more at foxnews.com ...

==============================================

BACKSTORY Billy Boy Clinton was grinning like a simpering fool at the annual meeting of the tax-exempt "Clinton Global Initiative Foundation"....even Obama was there hugging Billy like they were old pals.....all in the wake of the bombshell news that:

<><> the NYT expose that the tax-exempt Clinton Global Initiative Foundation uses shady financing;

<><> the tax-exempt Clinton Global Initiative had employed an active Muzzie terrorist named Gehad el-Haddad (Gehad is Farsi for "jihad")

Gehad also knows how the Muslim Brotherhood launders money to finance terrorism, using "tax-exempt foundations."

==============================================

THE CLINTON FOUNDATIONS / MUSLIM TERRORISM CONNECTION --- The recent story that a Muslim terrorist was working at the Clinton Foundation AND conducting terrorist activities at the same time, explains why the Clintons just remade themselves into the hallowed "Clinton Family Foundation."


The Clintons doing their "Holy Family" act.

NOTE The Clintons' shady foundation financing is unveiled in a recent NYT expose of Clinton corruption, greed, entitlement, nepotism, cronyism.

===========================================

There's also a Harry Reid connection to the "Clinton Global Initiative." The Clinton Global Initiative (NOT KNOWN for giving out grants)---gave Harry Reid's granddaughter a grant for a Brooklyn, NY theatre she runs (what is the theatre's connection to "global initiatives?"

================================================

REFERENCE----HARRY REID IS LIVID THAT HIS GRAND-DAUGHTER HAS BEEN OUTED AS A RECIPIENT OF LAUNDERED CAMPAIGN CASH---Reid lashed out at reporters, saying, “My granddaughter has been the target of harassing phone calls, strangers tracking her down, knocking on her door and negative, unwanted attention on the Internet.” “This has gone too far and it needs to stop now,” Reid said. “I deeply regret any role I had in creating this situation but now, as a grandparent, I say enough is enough.”

============================================

Besides the "jewelry company" financed by her grandfather, Ryan Elisabeth Reid runs the Sprat Theater Company, a small theater in Brooklyn, which is also coming under scrutiny. According to Sprat’s Theatre Company Web site, it has received grants/contributions from:

<><> the Clinton Global Initiative (connected to global terrorism via Muslim Brotherhood employee),
<><> two major Las Vegas foundations:
Caesar’s Foundation, and the NV Energy Foundation.

NOTE NV Energy Foundation---is a non-profit division of NV Energy (a public utility). The NV Energy utility is a subsidiary of MidAmerican Energy Holdings Company which took over in 2013....and is now owned by a Warren Buffet unit.

BTW, here's Harry w/ his grand-daughter....the one who got $31,000 in laundered campaign funds for her "jewelry company" and grants from Clinton and Nevada energy foundations.

Reid and granddaughter Ryan Elisabeth Reid.

8 posted on 05/24/2014 7:17:27 AM PDT by Liz
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To: All

READY FOR HILLARY?-—2014 Net Worth——Her Income Sources

Abu Dhabi Global Environmental Data Initiative (AGEDI) (Spouse) Abu Dhabi, UAE $500,000

Bank Administration Institute (Spouse) Chicago, IL $200,000

HSM Americas, Inc. (Spouse) New York, NY $175,000

Deloitte Services LP (Spouse) New York, NY $200,000

Starwood Hotels & Resorts Worldwide, Inc. (Spouse) New York, NY $200,000

Highland Capital (Spouse) New York, NY $175,000

TD Ameritrade (Spouse) Las Vegas, NV $200,000

American Express (Spouse) New York, NY $200,000

World Market Center SPE, LLC (Spouse) Las Vegas, NV $175,000

UBS Wealth Management (Spouse) Dallas, TX $165,000

Jeffries & Company, Inc. (Spouse) New York, NY $200,000

Magic Dreams Productions, Inc. (Spouse) Panama City, Panama $325,000

Fundo Comunitario of Keren Hayesod Sao Paulo (Spouse) Sao Paulo, Brazil $200,000

World 50, Inc. (Spouse) New York, NY $175,000

Wells Fargo Bank, N.A. (Spouse) New York, NY $200,000

UBS Wealth Management (Spouse) Los Angeles, CA $150,000

Bank of America Merrill Lynch (Spouse) $200,000

Ontario Chamber of Commerce (OCOC) (Spouse) Toronto, Canada $175,000

Beaumont Health Systems (Spouse) Troy, MI $260,000

HCL America, Inc. (Spouse) Orlando, FL $200,000

Hualuo CEO Forum (Spouse) Shanghai, China $550,000

Telefonaktiebolagel LM Ericsson AB (Spouse) Hong Kong, China $750,000

Masie Center (Spouse) Orlando, FL $200,000

Association for Financial Professionals (AFP) (Spouse) Boston, MA $175,000

Defense Research Institute (DRI) (Spouse) Washington, DC $204,000

Silicon Valley Information Business Alliance (SVIBA) (Spouse), Santa Clara, CA $200,000

City of Surrey (Spouse) Surrey, BC, Canada $175,000

American Society for Clinical Pathology (ASCP) (Spouse) Las Vegas, NV $200,000

Achmea (Spouse) Achlum, Holland $600,000

Yum! Restaurants International (Spouse) Vancouver, Canada $160,000

Highstar Capital (Spouse) Washington, DC $175,000

Internet Corporation for Assigned Names and Numbers (ICANN) (Spouse) $255,000

Cambridge Energy Research Associates $175,000

Business and Finance Media Group (Spouse) $125,000

The Philharmonic Center for the Arts (Spouse) $200,000

Kuwait America Foundation (Spouse) $175,000

RSA, Security Division of EMC (Spouse) San Francisco, CA $175,000

Hualuo CEO Forum (Spouse) New York, NY $200,000

Barclays Capital (Spouse), Davos, Switzerland $325,000

Tanmiah Commercial Group (Spouse) Riyadh, Saudi Arabia $300,000

Bridgestone America Tire Operations (Spouse) Huntington Beach, CA $175,000

Association of Fundraising Professionals (AFP) (Spouse) Chicago, IL $170,000

Cisco Systems, Inc. (Spouse) Kiawah Island, SC $210,000

Leaders and Company Ltd. (THISDAY Newspaper Group) (Spouse) Lagos, Nigeria $700,000

Center for Global Dialogue and Cooperation (CGDC) (Spouse) Vienna, Austria $500,000

Ilau BBA USA Securities, Inc. (Spouse) New York, NY $175,000

TD Bank (Spouse) Fredericton and Antigonish, Canada $260,000

Fidelity Investments (Spouse) Orlando, FL $175,000

The National Council for Community Behavioral Healthcare (NCCBH) (Spouse) San Diego, CA $260,000

HSBC Securities (USA) Inc. (Spouse) Key Largo, FL $200,000

Pharmaceutical Research and Manufacturers Association (PhRMA) (Spouse) Jersey City, NJ $200,000

Goldman Sachs (Spouse) New York, NY $200,000

Whisky Productions (Spouse) Grand Cayman $225,000

Nideias Comunicacao Ilimitada Ltda (Spouse) Manaus, Brazil $390,000

JP Morgan Custody Account (Cash) $50,001 - $100,000

Random House (Spouse) - My Life $50,001 - $100,000

Northwestern Mutual Life Insurance (Cash Value - Whole Life Policy) (Spouse) $5,001 - $15,000

Northwestern Mutual Life Insurance (Cash Value - Whole Life Policy) $5,001 - $15,000

Simon & Schuster, Inc. - Living History $2,501 - $5,000

US Treas NTS 4.875% 8/15/16 BOND $2,501 - $5,000

US Treas NTS 4.625% MAT 2/29/12 Bond $1,001 - $2,500

Fed Home Ln MTG 4.875% 11/15/13 Bond $201 - $1,000

US Treas NTS 5.00% 2/15/11 BOND $201 - $1,000

SOURCE http://www.davemanuel.com/pols/hillary-clinton/


9 posted on 05/24/2014 7:20:45 AM PDT by Liz
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To: All
.....the Clintons firm grasp on power is fading and the only thing propping up the Clinton pay-for-play graft and corruption apparat is the hope that her becoming President is “inevitable”....

Remember that last Tues, Chelsea's MIL went down to an ignominious defeat..... even with both Clintons' personal appearances, funders, ads and robo-calls.

Now my take is over-the-hill Hillary is tired and worn out---and very ill. She does not want the presidency as much as Bill does.

Bill's got unfinished monkey business WRT to his libido. But more pertinent is that Bill read Putin accumulated about $75 billion in office. Bill's $200-300 million makes him feel like a piker, so he wants back in to best Putin's stash.

10 posted on 05/24/2014 7:22:41 AM PDT by Liz
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To: ealgeone

Because bhudda and moh are just men. And dead ones at that. Why insult dust when you can poke your puny finger in the eye of the living creator of the universe?


11 posted on 05/24/2014 7:23:17 AM PDT by Mom MD
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To: ealgeone

You wouldn’t want to offend Islamist if you said Mohammad...they might get angry. Angry Islamists are not pretty, they might want to bomb you or cut off your hands or kill you for insulting their ‘leader’. Of course, Mohammad is a pedophile... :-)


12 posted on 05/24/2014 7:26:06 AM PDT by ExCTCitizen (I'm ExCTCitizen and I approve this reply. If it does offend Libs, I'm NOT sorry...)
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To: All
The Clintons' nauseating exploits pale in comparison to the colossal heists perpetrated by the current admin. The US govt aided and abetted fraudulent mortgages, falsified apps and paperwork, wildly exaggerated ratings, the bundling of toxic assets and looked the other way as a reckless gambling spree ensued that included betting against their own portfolios while saying all was well when they knew the system would soon crash.

Not to worry---the current admin had a plan.....the taxpayers would bail them out. Too bad millions of hard-working people lost their jobs and homes in the process while the global economy still reels.....but the get out of jail free card from the US Justice Department helps....a lot.

=====================================================

In his new book, "Extortion," author Peter Schweitzer writes about Obozo and Holder, using the Justice Dept and assorted govt agencies to extort Big Money ....threatening jailtime unless the targets fork over billions.

=========================================

WHATEVER HAPPENED TO THE BP BILLIONS?

CNN reported 2010: Behind closed doors and after four hours of negotiations, BP executives agreed to put $20bn into an independently managed compensation fund.

BEHIND CLOSED DOORS---Obama was joined in the negotiations by VP Joe Biden, and five cabinet secretaries, including DHS Janet Napolitano, interior secretary, Ken Salazar, energy secretary, Steven Chu, Labor Secy Hilda Solis, Valerie Jarrett, and COS Rham Emanuel. / PICTURE/BP Holdings.

DOING THE DEAL---Obama dreams about his cut and new diamonds for Michele. In foreground, then-COS Rahm Emanuel's hand holds the pencil jotting down his cut that will help make him Chicago Mayor.

At the top, in turquoise, then-Labor Secy Hilda Solis figures out her cut and how many BP executive jobs she needs for latinos. Left, in orange, Dragon Lady Valerie Jarrett hopes Biden will remember his scripted lines.

VP Joe Biden Told BP: "You’ll Put $20 Billion In Escrow Or We’ll Do It For You."

"Hi there, Americans. Obama put me in charge of the trillion dollar stimulus.
My son and brother are gonna help me disperse the money. "

================================

Offshore Fraudster had links to offshore fund run by VP Biden's relatives
Reuters on Yahoo | 2/23/09 | BY Ajay Kamalakaran

(Reuters) – A fund of offshore hedge funds run by two members of VP Joe Biden's family was marketed exclusively by offshore firms controlled by Texas financier Allen Stanford, charged by regulators with an $8 billion fraud, the Wall Street Journal said.

The Bidens $50 million fund was jointly branded between the Bidens' Paradigm Global Advisors LLC and the offshore Stanford Financial Group entity headquartered in Antigua, and was known as the Paradigm Stanford Capital Management Core Alternative Fund, the paper said. Stanford-related offshore companies marketed the Biden fund to investors and also invested about $2.7 million of their own money in the fund, the paper said, citing a lawyer for Paradigm.

Paradigm Global Advisors is owned through a holding company by the vice president Biden's son, Hunter, and Joe Biden's brother, James, according to the WSJ. Paradigm's attorney, Marc LoPresti, who represents Hunter Biden and James Biden, as well as Paradigm, told the paper he did not know which Stanford entity invested the roughly $2.7 million. (Excerpt) Read more at news.yahoo.com ...

NOTE A lawyer for Hunter Biden and James Biden told reporters the Bidens NEVER met or communicated with Stanford. (/snicker)

================================================

VP Biden Vacations in Virgin Islands for Second Time in Three Months
weeklystandard.com /Daniel Halper / FR Posted on Friday, March 07, 2014 by Sub-Driver

The White House announced that Vice President Joe Biden would spend the weekend vacationing in the U.S. Virgin Islands. It's his second vacation there in three months.

His White House schedule reads: DAILY GUIDANCE FOR THE VICE PRESIDENT / Fri, March 7 – Sun, March 9 ---- The Vice President and Dr. Jill Biden will visit the U.S. Virgin Islands. There are no public events scheduled.

Geoff Earle of the New York Post reported on December 27, the vice president spent New Year's on the U.S. Virgin Islands. "Vice President Biden doesn’t have to worry about playing second fiddle to his boss when it comes to tropical vacations," Earle reported.

"President Obama’s No. 2, and 2016 presidential prospect, jets Friday to the U.S. Virgin Islands aboard Air Force Two, the White House announced Thursday night. He’ll be there through New Year’s.

"That puts Biden just steps away from some of the Caribbean’s best snorkeling at the same time Obama is strolling Hawaii’s spectacular golf courses and hiking trails."

===================================================

FREEPER REALTIME REPORT CIRCA 2012 "I just returned from a Caribbean cruise. In St Thomas, US Virgin Islands, the guide pointed out a waterfront mansion and said it belonged to Biden’s (cough) brother. He also said Air Force 2---the VP plane--frequently flies in and out."

13 posted on 05/24/2014 7:49:23 AM PDT by Liz
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To: All
CLINTON POLITICS AND PROFITEERING: Boeing CEO questioned on donations to Clinton foundation Boeing's CEO faced pointed questions about its charitable donation to the tax-exempt Clinton Foundation in the same year that then-Secy of State Hillary Clinton advocated on its behalf on an official tax-financed trip to Russia.

(POSTER'S NOTE: Some might say it was common to advocate for US business---but then very few previous advocates had a presidential campaign on the burner----nor did they have three tax-exempt foundations panhandling donations from corporations.)

David Almasi, shareholder and representative of the National Center for Public Policy Research think tank, asked Boeing the question, and gave an indication of the kinds of challenges that companies could face as Hillary weighs a run for president. Dozens of major corporations have made charitable donations to the Clinton Foundation in recent years.

Almasi called the Boeing donation a "clear conflict of interest" that seemed "reckless and unnecessary." (According to Almasi's notes, CEO McNearney called an implication that the donation might have been legally questionable "beyond the pale.")

Boeing contributed $900,000 to the Clinton family foundation (there are three) just months after Clinton had traveled to Russia, where she made what she called a "shameless pitch" for a state-owned Russian company to buy Boeing passenger jets. Boeing won the $3.7 billion Russian contract in June 2010. (Some facts excerpted from wahingtonpost.com report.)

==============================================

Mmmmmm....Hillary's incessant globe-trotting raises new questions about her motives....since it is well-known her global travels contributed nothing to US foreign policy.

Hefty corporate donations to the Clintons' tax-exempt foundations are nice...... but exchanging valuable US ntl security info for campaign contributions......that could really add up.

(CACKLE) and to think the airheaded State Dept sorority sister could not name EVEN ONE of Hillary's accomplishments at State?

===========================================

And just who cleaned out the State Dept's bank accounts? News reports say the State Department announced it has "no idea" what happened to $6 billion used to pay its contractors..... a special “management alert” warned “significant financial risk and a lack of internal control at State has led to billions of unaccounted dollars over the last six years....under Hillary's watch.

Now we know how Hillary always$ get$ tho$e wonderful poll number$----why $he's always at the top of the pre $idential pack (cackle).

14 posted on 05/24/2014 8:06:22 AM PDT by Liz
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To: Kaslin

no Fed employee lost any wages because of being furloughed.
Obama would have gotten his lousy 5% back anyway


15 posted on 05/24/2014 8:18:59 AM PDT by stylin19a (Obama ----> Fredo smart)
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To: Kaslin

Our elected officials almost universally resist any degree of accountability or transparency of their acquisition of vast amounts of pelf, because the practice is so pervasive.


16 posted on 05/24/2014 8:22:07 AM PDT by Spok ("What're you going to believe-me or your own eyes?" -Marx (Groucho))
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To: Liz

“They are now worth more than $100 million dollars.....and counting. “


Yep. They got a lot of miles out of “I feel your pain” on the way to their fortune.


17 posted on 05/24/2014 8:43:24 AM PDT by boycott
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To: ealgeone
Seriously, why is it always the name of Christ that is used to express frustrations? Why not Buddha or Mohammed?

Seriously, because among most Westerners, there would be nothing shocking or appalling about maligning Buddha or Mohammed. And the whole point of Kraftausdrücke is to shock and appall.

Regards,

18 posted on 05/24/2014 8:51:05 AM PDT by alexander_busek (Extraordinary claims require extraordinary evidence.)
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