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Obama's White House dream team virtually all Chicago millionaires [View All]

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Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU
Top Cat Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-08-09 09:04 PM
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Obama's White House dream team virtually all Chicago millionaires
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Edited on Thu Apr-09-09 03:47 AM by Lithos
When President Barack Obama moved into the White House earlier this year, he took several of his fellow Chicago millionaires with him.

Newly released disclosure reports show virtually all of the top Chicagoans serving in the West Wing have assets valued at a million dollars or more at the end of 2008.

In several cases, the reports provide the first detailed look at the finances of some of the president's top aides and friends from Chicago who have risen with him. They also show the financial haircut many have taken to be in the White House, at least until they return to the private sector.

Some of the wealth can be attributed to the fact that the top aides surrounding Obama – such as the Chicago Trinity of Rahm Emanuel, David Axelrod and Valerie Jarrett – are from a big city where salaries tend to be higher. Comparable senior staffers with the previous two presidents came from Austin, Texas, and Little Rock, Ark., where salaries for top professionals tend to be the lower than in Chicago.


Edited to 4 paragraphs to conform to DU's fair use policy for copyrighted material. Lithos, DU Moderator

http://www.chicagotribune.com/news/nationworld/chi-white-house-wealthapr09,0,3609518.story

(I'm glad to see that President Obama's staff is in line with his predecessors staff. One less thing that the MSM can spin)

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