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May 16, 2012

Income Inequality at 1600 Pennsylvania Avenue

The WaPo reveals a deeply shocking disparity in assets held by the President and Vice President:

In contrast to Obama, Vice President Biden has from $2,000 to $30,000 in two savings accounts and $2,000 to $32,000 in four checking accounts, the forms show. The Bidens also had income of $21,000 from a residential property in Wilmington, Del.

The forms also underscore that while Democrats may be united in their 2012 campaign focus on “economic fairness,” for Obama, it pays to be a president who has penned several best-selling books.

The Obamas in 2011 held total assets ranging from $2,566,000 to $8,265,000. That’s more than ten times the total assets reported by the vice president and his wife, Jill, in 2011. The Bidens reported assets ranging from $233,000 to $776,000.

The range of the Obamas’ total reported assets is changed – although not necessarily down — from 2010, when the first couple’s disclosure forms showed assets from $2.8 million to $11.8 million. The lack of a specific dollar figure stems from the fact that the forms require only that assets be reported within broad ranges.

Hmmmm.....

Posted by Cassandra at May 16, 2012 07:53 AM

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...more than ten times the total assets reported by the vice president and his wife, Jill, in 2011.

Maybe the disparity isn't really so large. Maybe Uncle Joe, having been in the game for a bit longer, simply is better at hiding his...income.

Or am I being cynical?

Eric Hines

Posted by: E Hines at May 16, 2012 10:44 AM

Forgive the offtopic comment, dahling, but I wanted to make sure I flitted gracefully over here and wish you a happy birthday.

Posted by: Margot Fonteyn at May 16, 2012 12:44 PM

http://www.youtube.com/watch?v=ctARLxNvEgU

A happy birthday video just for you.

Posted by: Alvin Hailey at May 16, 2012 12:57 PM

And here's for the remainder of the year...

http://www.youtube.com/watch?v=iL2Wm-PcfPo

Posted by: BillT at May 16, 2012 01:47 PM

Forgive the offtopic comment, dahling, but I wanted to make sure I flitted gracefully over here and wish you a happy birthday.

You guys are the best :)

Love the videos! But Margot, how did you get that hidden camera into my house?

Posted by: Cassandra at May 16, 2012 02:50 PM


Hippo Birdie 2 Ewe,
Hippo Birdie 2 Ewe,
Hippo Birdie Deer Ewe,
Hippo Birdie 2 Ewe!

Posted by: Yu-Ain Gonnano at May 16, 2012 03:23 PM

Hippo Birdie, indeed!

http://www.youtube.com/watch?v=jZEoONDRgN4&feature=related

Posted by: BillT at May 16, 2012 04:02 PM

Thank you :)

For a day that started out really lousy, today sure has been nice.

Bill - I don't think I'd ever seen that before. I need to get the movie for my grandsons. Loved the hippos!

Posted by: Cassandra at May 16, 2012 04:32 PM

Now there's a day brightener. Happy Birthday, Cassandra!

Posted by: htom at May 16, 2012 06:02 PM

M'lady,

Cirroc sent me a message reminding me to tell you Happy Birthday! and MANY HAPPY RETURNS!


"For a day that started out really lousy,"

Lose those happy birthday blues...


Posted by: bthun at May 16, 2012 06:53 PM

Rather than snark of grace
or comment snidely to your face
or speak of shoulders on the mend
I'll just be glad to call you friend!

Yay on one more lap around the bend! Er, Sun.

Posted by: Shameless Panderer at May 16, 2012 09:23 PM

WHERE IS MY MARMOT, WOMYN!?!

Posted by: John of Argghhh! at May 16, 2012 09:37 PM

*psssssst* -- John.

Marmoset. It's a stuffed marmoset.

Posted by: BillT at May 17, 2012 03:13 AM

DAMmit, I know that. I just can't *type* that.

Posted by: John of Argghhh! at May 17, 2012 07:34 AM

Doesn't John already have a bunch of mermite cans?

Happy Belated Birthday, Lady!

Posted by: MikeD at May 17, 2012 09:16 AM

First you guys give me a hard time for not fixing the banner that said the blog was no longer in service :p

Then I fix it, and I get in trouble for losing the marmoset! When I changed the lettering to go with the new purple sidebar, John, the marmoset went away. Sorry!

Thanks for the birthday wishes! I actually got out of the house last night - went to our favorite tapas restaurant. Not being able to drive yet is making me nuts.

Posted by: Cassandra at May 17, 2012 10:54 AM

Not being able to drive yet is making me nuts.

Being chauffeured isn't all bad....

Eric Hines

Posted by: E Hines at May 17, 2012 11:16 AM

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