Investors Hangout Stock Message Boards Logo
  • Mailbox
  • Favorites
  • Boards
    • The Hangout
    • NASDAQ
    • NYSE
    • OTC Markets
    • All Boards
  • Whats Hot!
    • Recent Activity
    • Most Viewed Boards
    • Most Viewed Posts
    • Most Posted
    • Most Followed
    • Top Boards
    • Newest Boards
    • Newest Members
  • Blog
    • Recent Blog Posts
    • Recently Updated
    • News
    • Stocks
    • Crypto
    • Investing
    • Business
    • Markets
    • Economy
    • Real Estate
    • Personal Finance
  • Market Movers
  • Interactive Charts
  • Login - Join Now FREE!
  1. Home ›
  2. Stock Message Boards ›
  3. User Boards ›
  4. Political Debate Board Message Board

About That “Taxpayers Spent $1.4 Billion on Oba

Message Board Public Reply | Private Reply | Keep | Replies (0)                   Post New Msg
Edit Msg () | Previous | Next


Post# of 65629
Posted On: 09/13/2016 4:46:16 PM
Posted By: Bhawks
Quote:
About That “Taxpayers Spent $1.4 Billion on Obama Family Last Year” Fake Outrage

http://littlegreenfootballs.com/article/40980...ke_Outrage

Gus

Wingnuts9/28/12 5:30:06 pm

Today’s wingnut outrageous outrage began at Tucker Carlson’s Daily Caller, in an article by Alex Pappas titled:

“Taxpayers spent $1.4 billion on Obama family last year, perks questioned in new book.”

Taxpayers spent $1.4 billion dollars on everything from staffing, housing, flying and entertaining President Obama and his family last year, according to the author of a new book on taxpayer-funded presidential perks.

In comparison, British taxpayers spent just $57.8 million on the royal family.

Author Robert Keith Gray writes in ‘Presidential Perks Gone Royal’ that Obama isn’t the only president to have taken advantage of the expensive trappings of his office. But the amount of money spent on the first family, he argues, has risen tremendously under the Obama administration and needs to be reined in.

Gray told The Daily Caller that the $1.4 billion spent on the Obama family last year is the ‘total cost of the presidency,’ factoring the cost of the ‘biggest staff in history at the highest wages ever,’ a 50 percent increase in the numbers of appointed czars and an Air Force One ‘running with the frequency of a scheduled air line.’

This flagrant display of Obama Derangement Syndrome, of course, led to a flurry of activity on Twitter which was brought to my attention by LGF member Alouette. It begins with Donald Trump:

http://littlegreenfootballs.com/article/40980...ke_Outrage

Others tweeted, such as the bumbling Steve Forbes.

But there’s one slight problem with this outrageous outrage. The total cost for the White House under Republican president George W. Bush in the year 2008 came to a grand total of $1,592,875,254, or $1.6 billion dollars. Using this number we find that the Obama White House spent $0.2 billion less, or a net savings of $200 million dollars.

(These figures don’t include classified expenses.)

The Bush figures are from “To Serve the President” by Bradley H. Patterson.

Summary:



Bush White House 2008: $1,592,875,254
• Obama White House 2011: $1,400,000,000
• Net Savings Under Obama: $192,875,254

Nothing to see here.

Update:





Never a dull moment on bullshit mountain.

Update 2:

Adjusted for inflation Bush’s $1,592,875,254 price tag comes to $1,704,411,959 in 2012 dollars.



(1)
(0)








Investors Hangout

Home

Mailbox

Message Boards

Favorites

Whats Hot

Blog

Settings

Privacy Policy

Terms and Conditions

Disclaimer

Contact Us

Whats Hot

Recent Activity

Most Viewed Boards

Most Viewed Posts

Most Posted Boards

Most Followed

Top Boards

Newest Boards

Newest Members

Investors Hangout Message Boards

Welcome To Investors Hangout

Stock Message Boards

American Stock Exchange (AMEX)

NASDAQ Stock Exchange (NASDAQ)

New York Stock Exchange (NYSE)

Penny Stocks - (OTC)

User Boards

The Hangout

Private

Global Markets

Australian Securities Exchange (ASX)

Euronext Amsterdam (AMS)

Euronext Brussels (BRU)

Euronext Lisbon (LIS)

Euronext Paris (PAR)

Foreign Exchange (FOREX)

Hong Kong Stock Exchange (HKEX)

London Stock Exchange (LSE)

Milan Stock Exchange (MLSE)

New Zealand Exchange (NZX)

Singapore Stock Exchange (SGX)

Toronto Stock Exchange (TSX)

Contact Investors Hangout

Email Us

Follow Investors Hangout

Twitter

YouTube

Facebook

Market Data powered by QuoteMedia. Copyright © 2025. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges).
Analyst Ratings & Earnings by Zacks. RT=Real-Time, EOD=End of Day, PD=Previous Day. Terms of Use.

© 2025 Copyright Investors Hangout, LLC All Rights Reserved.

Privacy Policy |Do Not Sell My Information | Terms & Conditions | Disclaimer | Help | Contact Us