I'm forced to assume that Obama thinks it's OK to be rich, but not OK to own more than one house?

Question

Where I come from, anyone who earns over 1 million a year is rich. I used to be a real estate agent and I knew many people who owned multiple houses and didn't even hit that 1 million mark. I knew a woman who owned a beauty shop and worked in it every day and she owned multiple houses as an investment. So Obama, a rich guy making well over a million bucks a year, wants to judge McCain for owning too many houses....... I think Obama is being a hypocrite. Until recently, owning real estate was one of the best investments you could make. If any of you can say that you wouldn't take every opprotunity to earn money if you had the chance (legally) then you can cast the first stone.

Answer 1

Short simple and to the point the Obama's DONATE  

Answer 2

A million?  Heck, pay me a hundred thousand a year and I'll let you call me Little Bo Peep if you want.

I think all politicians think its OK to be rich because all of them are.  Still, with an investment as big as a house, you'd think somebody would remember owning it.  That's a little like not remembering where your checking account is...and if you can't, it may be a sign that you have some bigger problems in that old noggin of yours that you aren't owning up to.

Answer 3

Forced to assume??? You don't make any sense.

Answer 4

The real problem is not being able to say how meny homes you own without thinking about it and saying things like making over $5,000,000.00 is well off. This guy is sooo out of touch with all but the very richest Americans. Do you want this king of guy running the US? Not me!

Answer 5

That's nice, but many people don't own one house and most people know how many homes they own.

That's the freaking issue.

Answer 6

Being so rich you don't KNOW how many houses you own and then calling someone else a elitist is the problem.  I bet all of the people you mentioned could tell you how many homes they owned  

Answer 7

Whats the big deal? Its election time so of course there are going to be barbs thrown out there. Drama sales. If you don't like Obama then don't vote for him. I don't care for McCain so I am not voting for him. I personally wouldn't vote for McCain if he lived in a box and had the greatest views ever - I detest the man.

Answer 8

Maybe Barack could buy a small house for his half brother, George Hussein Onyango Obama, who is living in a slum in Kenya on one dollar a month.

Your own flesh and blood lives on a dirt floor with no plumbing?  

Way to go, big-O!

Answer 9

Several million in the bank is ok and a harvard degree is so humbling.

Answer 10

I can't afford paper towels, I own 1 house. I think it's ludicrous to think Obama is shallow enough to care how many houses McCain owns. Maybe after Obama is president I will be able to buy paper towels.

Answer 11

Obama wants you to be rich so he can 'tax the heck' out of you.

'let the market work, however way it’s going to work, and then just tax the heck out of people at the end and just redistribute it,” Obama said.'

And actually, right now is the perfect time to invest in real estate.  

Answer 12

You have it partially right. Obama wants to tax you but not himself or his other rich Democrat friends.

INCOME TAX

MCCAIN (no changes)

Single making 30K - tax $4,500

Single making 50K - tax $12,500

Single making 75K - tax $18,750

Married making 60K- tax $9,000

Married making 75K - tax $18,750

Married making 125K - tax $31,250

OBAMA

(reversion to pre-Bush tax cuts)

Single making 30K - tax $8,400

Single making 50K - tax $14,000

Single making 75K - tax $23,250

Married making 60K - tax $16,800

Married making 75K - tax $21,000

Married making 125K - tax $38,750