A.P.: WASHINGTON – "President Barack Obama's personal finances appear to be on sound footing even as the nation's economy struggles, a financial report he released Friday shows."
"Obama and his wife Michelle have $1.4 million to $5.9 million in assets, not counting their Chicago home. Their holdings include up to $265,000 in checking accounts."
"The president's new financial disclosure report mirrors one he filed a few months ago. Much of the Obamas' wealth comes from the president's best-sellers. The books, "Dreams from My Father" and "The Audacity of Hope," brought in about $2.5 million in royalties last year, according to tax returns Obama released last month
I don't understand the point of this. Lots of people are broke. We have 16% unemployment when including people who have exhausted their unemployment benefits, and people unable to find full-time work, so forced into part-time. Unemployment and job loss is expected to continue not just throughout 2009, but also throughout 2010. Isn't that the real story?
Now that our president's finances are on "sound footing," when is he going to get around to doing something for the rest of us? Like creating jobs, for example. Good paying ones. How about capping interest on credit cards at 10%, and giving every American the option to buy into a single-payer healthcare system like Medicare?
Then we could all be on "sound" financial footing, instead of most of us living out here in earthquake country, as if the San Andreas fault is slipping further every day. Mr. President, Heeeeeelp!