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In reply to the discussion: Wrong. Wrong. Wrong. Wrong. Wrong. [View all]MADem
(135,425 posts)101. Carter has made a fortune, but I'll wager he hasn't made it for himself.
He's raised a bundle for Habitat, though. He's written several best-selling books as well.
Interesting article on Presidential net worth: http://www.huffingtonpost.com/2011/02/21/the-net-worth-of-the-amer_n_825939.html
Kennedy and Johnson certainly weren't pikers; here's the net worth of Carter on forward:
James Earl Carter, (1977-1981), $7 Million, Carter was the son of a prominent Georgia businessman. He was a peanut farmer for almost two decades. Carter left office deeply in debt, but made substantial sums from writing 14 books. Part of a family partnership that owns 2,500 acres in Georgia.
Ronald Wilson Reagan, (1981-1989), $13 Million, Reagan had no inheritance, but his first wife, an actress, had her own money. He was a movie and television actor for over two decades. "The Gipper" owned several pieces of real estate over his lifetime, including 688-acre property near Santa Barbara, California. Reagan was highly paid for his autobiography and as a GE spokesman.
George Herbert Walker Bush (1989-1993), $23 Million, Bush was the son of Prescott Bush, a Connecticut Senator and successful businessman. Aided by his friends in the financial community, he made a number of successful investments. One of his major assets is his home and 100+ acre estate in Kennebunkport, Maine.
William Jefferson Clinton (1993- 2001), $38 Million, Clinton was born with no inheritance, and he made little significant money during 20 plus years of public service. After his time in White House, however, he made a substantial income as an author and public speaker. Clinton received large advance from autobiography. His wife, the secretary of state, has also made money as author.
George W. Bush (2001-2008), $20 Million, Bush was born into a wealthy family. Over ten years, he made substantial sums of money in the oil business. The largest contribution to his net worth was the profitable sale of the Texas Rangers.
Barack Hussein Obama (2008-present), $5 Million, Obama is the grandson of a goat herder. He is a former constitutional law professor and civil rights attorney. Book royalties constitute most of Obama's net worth.
Ronald Wilson Reagan, (1981-1989), $13 Million, Reagan had no inheritance, but his first wife, an actress, had her own money. He was a movie and television actor for over two decades. "The Gipper" owned several pieces of real estate over his lifetime, including 688-acre property near Santa Barbara, California. Reagan was highly paid for his autobiography and as a GE spokesman.
George Herbert Walker Bush (1989-1993), $23 Million, Bush was the son of Prescott Bush, a Connecticut Senator and successful businessman. Aided by his friends in the financial community, he made a number of successful investments. One of his major assets is his home and 100+ acre estate in Kennebunkport, Maine.
William Jefferson Clinton (1993- 2001), $38 Million, Clinton was born with no inheritance, and he made little significant money during 20 plus years of public service. After his time in White House, however, he made a substantial income as an author and public speaker. Clinton received large advance from autobiography. His wife, the secretary of state, has also made money as author.
George W. Bush (2001-2008), $20 Million, Bush was born into a wealthy family. Over ten years, he made substantial sums of money in the oil business. The largest contribution to his net worth was the profitable sale of the Texas Rangers.
Barack Hussein Obama (2008-present), $5 Million, Obama is the grandson of a goat herder. He is a former constitutional law professor and civil rights attorney. Book royalties constitute most of Obama's net worth.
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Except for the part where the United States of America is not a business, but a nation
Bluenorthwest
May 2013
#10
Bush was paid too much. Anyway, ex-prez makes mega bucks in speeches, board directorships, etc.
Bernardo de La Paz
May 2013
#50
A business exists solely to make money. A government exists to govern a populace.
LanternWaste
May 2013
#59
Now a days, business exist to make money and government exists to make sure they do.
RC
May 2013
#66
I have always thought our Texan obsession with High School football out of proportion and still do
arely staircase
May 2013
#5
Oregon pays the university football coach more than anyone when there is not even
Bluenorthwest
May 2013
#11
Of course you have no problem with it, TRAVIS. You LIKE the patriarchal society.
Honeycombe8
May 2013
#111
Priorities of the elite,....use The Games to keep the people distracted....
Spitfire of ATJ
May 2013
#44
One would think Florida would be producing some real rocket scientists.
Spitfire of ATJ
May 2013
#84
About as valid as and truthful as "marching bands-- training kids how to be single for the rest of t
LanternWaste
May 2013
#61
Somehow I doubt you have much insight as to the problems young nonathletic boys face . . .
radicalliberal
May 2013
#82
But sports institutionalize "otherness" and without "otherness" indoctrination, rich ppl can't
valerief
May 2013
#47
I almost didn't open this thread. I'm glad I did, in a train-wreckish kind of way... nt
MADem
May 2013
#53
when you have an anti-female jock society where men call the shots and intellect isn't valued
librechik
May 2013
#65
The football and basketball programs bring in millions of dollars of income from
WCGreen
May 2013
#78
I don't see anything wrong with this though (I'm not a sport fan). The free market ...
JackN415
May 2013
#92
it might just come down to the notion that winning Football or Basketball teams are thought to bring
Douglas Carpenter
May 2013
#100