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Senator Obama and Money--Why can't Senator Obama be transparent about his finances?

Posted by ohbrother at: 2008-03-15 09:09:21
Senator Obama has had an inspiring rise to national prominence. However, this rise is dogged by a lack of crucial information, especially as related to the Senator and Mrs. Obama's finances. In a May 2004 profile in The New Yorker magazine, Senator Obama is quoted to say that in order for the Obama family to be able to survive financially during his 2004 run for the US Senate seat representing Illinois, he and Mrs. Obama had had to take out a second mortgage on their Hyde Park apartment. The Hyde Park area of Chicago might be described as Bohemian rather than well off or even upper middle class. The Senator is duly elected and in January 2005 takes his seat in the US Senate. In June 2005, the Obamas purchase for cash the home in which they now reside when in Chicago. This home cost US$1.65million. It was paid for in cash. This is a remarkable financial turn around from May 2004 when the Obamas needed a 2nd mortgage on an apartment worth at best US$300,000. There seems to be no explanation for how Senator and Mrs. Obama got the US$1.65million in cash to purchase their home. There is no increase in salary, no gifts, no inheritances, no book deals or additional royalties cited in the released financial records which could account for this inflow of funds which amounts to 8 times the couple's pretax declared income of 2004 and 10 times the salary paid to a US Senator (S162,5000 pa), which the Senator had only earned for 6 months prior to the acquisition of the new home. The Senator and Mrs. Obama have not addressed the issue of where the money came from which enabled them to purchase the lovely mansion in the best part of Chicago.
 
 
 
Posted by notawanda at: 2008-03-15 09:13:53
it came from Chavez via Iran
 
 
Posted by gunning4u at: 2008-03-15 09:14:11
He has. Unlike McCain and Clinton, he made his tax return public. What do they have to hide. Checks from Vicki Iseman?
 
 
Posted by Bill in Kansas at: 2008-03-15 09:15:37
Obama made his tax return public, why won't Hillary Clinton and John McCain do the same thing?
 
 
Posted by Obama or Nader at: 2008-03-15 09:16:38
Let me see if I've got this straight He attended the church for 20 years He considers the man his mentor He was married by this "minister" His children were baptised by him as well His wife has never been proud of her country He refused to say the pledge of alligence He won't wear a flag pin on his lepel He never heard these comments He never knew his minister's views So either he is just another liberal liar or he is totally stupid Either way. I don't want him anywhere near my country's Whitehouse
 
 
Posted by Think 1st at: 2008-03-15 09:18:39
then he would have to explain micheles pay raise in the hospital where she works from 100,000 to 300,000 as soon as he was a senator for the state.and that other company michele sits on the board that paid her over 1 million in a year.funny how they got the state contracts huh?this dude is dirty.
 
 
Posted by Agent Zer0 at: 2008-03-15 09:20:36
That's because they are so busy looking for Hillary' tax return that isn't due until April 15th like every other American! Obama must think he is taking the heat off of his own dirty finances by saying Hillary is hiding her tax returnbut people aren't that stupid! Not many tax payers have never had to apply for an extensionand so what! Obama it seems has a whole lot more explaining to do! For a so-called 'poor' black boy with a single (white atheist mother) he sure is doing pretty darn goodor is he using a different definition for 'poor'?
 
 
Posted by Louis S at: 2008-03-15 09:12:43
Because then Obama would have to reveal his close connections to Rezko - and all that Lebanon Money.
 
 
Posted by Jeff M at: 2008-03-15 09:30:07
Here is what I would like to see addressed by the media. Mrs. Obama worked for a hospital and made 120 thousand a year. Two months after Obama was elected to the Senate her salary went to over 300 thousand a year. Shortly there after that same hospital received a Government grant in the millions of dollars with Obamas help.
 
 
Posted by Ja W at: 2008-03-15 09:12:27
Right now he's a little busy trying to come up with new ways to apologize. Which you won't see on CNN.