Obama Buys $15 Million House

Barack and Michelle Obama are buying a nearly $15 million mansion on Martha’s Vineyard. They had rented it out in August from the Celtics co-owner Wyc Grousbeck, who has been trying to sell it for the past 4 years.

What is fascinating is how Democrats always demonize the “rich” and then when they leave office, they buy houses that only the “Super Rich” can afford, especially with the annual taxes on the property. To qualify for a 30-year mortgage, you need to put down $2,970,000. Yes, he brought real change — for himself as all career politicians do on both sides.

Latest Posts

Why Does the Government Borrow Its Own Currency?

https://www.armstrongeconomics.com/wp-content/uploads/2024/05/Biden-Chief-Economic-Adviser.mp4   The problem with people’s attitudes toward the national debt is that everyone has forgotten why we borrowed in the first place. The theory was that if you borrowed [...]
Read more

Interview: You Need Two Years Worth of Food

Click here to watch my latest interview on USAWatchdog. Commentary from Greg Hunter: “Legendary financial and geopolitical cycle analyst Martin Armstrong has new data on how well the Biden economy [...]
Read more