If Obama were a stock, it would be time sell.

[peilthetraveler]

Quote from gwb-trading:

Just about every single politican in the U.S. makes more money when they are in the private sector than when they are in office. You can chose just about any major politican that does not have a large family trust fund and see the same type of result.

When the politican is in office he/she can not be the operating CEO of a company, can not be on a paid speaker circuit, can not be out promoting books/media for sale, and plenty of other limitations on earning income when you are being paid in elected office.

in 1998 George Bush made $250k. When he became president and for his entire 8 years, he made around $800k per year (I think his lowest year as president was $735k) So unlike Obama, he managed to make more money as president.

 

[AK Forty Seven]

Quote from peilthetraveler:

in 1998 George Bush made $250k. When he became president and for his entire 8 years, he made around $800k per year (I think his lowest year as president was $735k) So unlike Obama, he managed to make more money as president.

In the year 2000 (before Bush took office ) Bushs income was 894,000

 

[AK Forty Seven]

Quote from peilthetraveler:

So unlike Obama, he managed to make more money as president.

Other then his presidential salary I don't want a President trying to make money for himself while he is in office

 

[nutmeg]

Quote from AK Forty Seven:

Other then his presidential salary I don't want a President trying to make money for himself while he is in office

Fair enough....

Why does Obama want to be the first candidate to raise a BILLION dollars for his campaign?

This is some lofty goal and ideal?

AUM for politicians? What is he, a hedge fund manager?

On the flip side, if he campaigns for his fellow dems, they lose.

Take corzine fer instance.

His word is shit but his money is good.