5/21/2014

Obama only worths US$7m!

It is reported that Obama, the President of the USA is worth a meager US$7m or lesser. Accordingn to money.cnn.com, ‘(15 May) The White House on Thursday released the latest financial disclosures for President Obama and First Lady Michelle Obama.
The Obamas were worth between $2 million and $7 million in 2013.
 

While about the same as the previous year, that’s down considerably from 2010, when they were worth between $2.8 million and $11.8 million….
 

Vice President Joe Biden and his wife were worth between $276,000 and $943,000.’
 

Oh mine, these people are considered poor in the island of Singapore where every average citizen is worth at least half a million or more. Many of the hawkers or taxi drivers are probably richer than the Joe Bidens. Don’t even compare them with our politicians. Hmmm, when they met and sized each other up, what would each be thinking about the other’s wealth or worth?
 

And to think that some of the ministers are likely to be worth many hundreds of million or more.
 

Obama, want to try to be our citizen and make a run for the Presidency or the Premiership? Guaranteed would make you ten times richer in just one term. Please think about it seriously. Our door is always open for you. As for Joe Biden, no need to try. 50% of our population is richer than you and that includes very ordinary Singaporeans.

21 comments:

Anonymous said...

How much is Lee Hsien Loong worth?

Shit?

How about his wealth?

Anonymous said...

Sorry, I mean

Shit!

Anonymous said...

By some people's argument, they must therefore be deemed to be corrupt.

Chua Chin Leng aka redbean said...

Please huh, don't ever say anyone is corrupt. That word is taboo.

Anonymous said...

Many words are taboo only in Sinkieland. Can think but cannot say only lah1

Anonymous said...

Hi Anon 2.03

Be very very careful when you use the word "corrupt". This is one word you should never use in Singapore. No one is corrupt in Singapore. People in government are paid enough and they need not resort to under the table dealings. Please we do not want anymore letters from Drew & Napier to anyone else. Poor Roy had to take down his article.

b said...

>>336pm

The gov should come out with a list of words that are prohibited/ banned/ forbidden like the way chewing gum is banned. Banned those words so people know it is criminal to use. Why can say stupid and not corrupt? Can say evil, wicked, asshole, dumbass? Where is the rationale? How can a layman understand? Only the lawyer know is it? Must make the law more easily understood by a layman. Not everyone has the privilege to be trained as a legal eagle like LKY on state expense. Its is the gov fault for not putting up the list.

b said...

If Obama is worth only $7m, the whole world must be bankrupt. He is legally trained. He knows the t&c where to put his assets so no need to declare. Since long ago, the law was created to protect the rich and bully the poor. So many poor people died of injustice, unjust law etc. People never learn from history.

Anonymous said...

As a World class City State, may be the NMP scheme should be extended to invite these heavyweights into Singapore.

What do you think?

Anonymous said...

I'm so proud & glad that even our humble Ministers have more dignity than Obama.

Hail PAP!
Hail PAP.
Heil PAP.

Anonymous said...

Hehe...

Sinkies care not if there is or no corruption.
Being daft means they do not understand corruption.
Even if there are corruptions, they are too daft to be affected.

Matilah_Singapura said...

@RB:

Again you allow the culture to live in to automatically prime your brain for error.

In Asia, people can't wait to "prove" how rich they are, They can tell you their net worth to the nearest dollar, and occasionally they like to inflate the number so that they can feel "superior" to lesser mortals.

In the west, smart people UNDERSTATE their wealth. Why? Because in high tax welfare state cuntrees like the US and Aust. you open yourself to lawsuits and tax audits if there is any suspicion that you might be "too rich".

In high tax welfare state cuntrees there are many lazy bums who will come after you with scams to get at your money. Also, over spending greedy governments are always on the grab for extra revenue.

Therein lies the difference. The Obamas are top lawyers lah. That couple in the White House are well above average IQ, well connected and educated at America's finest universities. Oh yah, in the USA, politics is BIG BUSINESS.

So, draw your own conclusions. ;-)

Chua Chin Leng aka redbean said...

Matilah, you know I am only a layman, not so kilat and well informed like you, so pandai.

Sure I write without knowing what I am writing. Thank you for your wisdom.

Matilah_Singapura said...

P.S. Top tax rate in FRANCE: 75%.

Are you sure you it known how rich you are?

Matilah_Singapura said...

@RB:

Please lah, you fake praise masquerading as a lame attempt at sarcasm has no currency with me.

Anonymous said...

Matilar don't tekan Rb lar and focus your energy writing your book 11.

Anonymous said...

Our PM is richer than Obama, meaning he is more dignified than the POTUS but who is more respected?
How much will you pay to buy Obama's autobiography and how much LHL will have to pay you to proofread his?

Anonymous said...

why u pulling wool over your eyes???

knnccb ... obama fortune probably more than the leempire wealths

knnccb ....

b said...

"Top tax rate in FRANCE: 75%."

- it is just for show only. it is to create an illusion that there is some form of equality in the system for the lame french people. there are so many avenues to help the rich to reduce their tax liablity to even less than the middle class. first world is first class cheating system.

Matilah_Singapura said...

@b:

>> first world is first class cheating system.

I totally support the idea of reducing you tax as much as possible, by fair means or foul.

Tax is simply legalised theft.

Matilah_Singapura said...

@324:

>> "Because SInkies will never deserve a better govt than the PAP."

"Better" or "worse" will depend on how the people/ sheeple are themselves. Afterall, the people in government come from the same stock-population of assholes.

Therefore is is simply a natural consequence, a logical progression, the effect of a cause that in every case without a single exception:

The People Get The Government They Deserve

And because the government plays the an active role in the running the cuntry and managing the economy (the "lifeblood" of civilization), eventually: The Sheeple Get The Cuntry They Deserve.