Michelle Obama rents Hollywood Hills home, possibly scoping out L.A. move, report says

[Anonymous]

Anonymous wrote:

Anonymous wrote:Wow this thread has made it obvious that republicans have no idea what Obama and democrats mean by income inequality. Hint: it doesn’t mean that people shouldn’t be allowed to be wealthy.

Please explain it to us.

It doesn’t mean that if you are wealthy, you need to start handing out all your money until you are no longer wealthy.

It means that almost all of the money in this country is with the 1% and it is not trickling down through higher wages, pumping it into the economy, and so forth. They are basically hoarding it. We want rich people to pay their employees well and we ALSO want them to spend their money. We want the limo drivers, retail shops, hair stylists, travel agents, seamstresses, chefs, etc to make money off of these people.

So, being rich does not make him a hypocrite. If he has that kind of money and pays his employees minimum wage, then you can say he’s a hypocrite.

Does this make sense to you?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Wow this thread has made it obvious that republicans have no idea what Obama and democrats mean by income inequality. Hint: it doesn’t mean that people shouldn’t be allowed to be wealthy.

Please explain it to us.

It doesn’t mean that if you are wealthy, you need to start handing out all your money until you are no longer wealthy.

It means that almost all of the money in this country is with the 1% and it is not trickling down through higher wages, pumping it into the economy, and so forth. They are basically hoarding it. We want rich people to pay their employees well and we ALSO want them to spend their money. We want the limo drivers, retail shops, hair stylists, travel agents, seamstresses, chefs, etc to make money off of these people.

So, being rich does not make him a hypocrite. If he has that kind of money and pays his employees minimum wage, then you can say he’s a hypocrite.

Does this make sense to you?

Here’s a video that lays it out for you and it’s nothing short of alarming. You might be inclined to watch this and think “good for them! They earned it!” But keep in mind that these people have employees. Their employees are the backbone of their businesses. They care for their children and homes so that they can put their all into their business. Don’t you think that their employees deserve to have a decent income? They don’t. Not sure if you’ve looked for a job recently but the pay for so many professional jobs is atrocious.

[Anonymous]

Oops forgot the link!

https://youtu.be/QPKKQnijnsM

[Anonymous]

Anonymous wrote:It means that almost all of the money in this country is with the 1% and it is not trickling down through higher wages, pumping it into the economy, and so forth. They are basically hoarding it.

That's ridiculous. This is not your typical billionaire.



Even if they put it in the bank, you do realize that it doesn't just sit there, right? Hoarding their money - really?

[Anonymous]

Anonymous wrote:

Anonymous wrote:It means that almost all of the money in this country is with the 1% and it is not trickling down through higher wages, pumping it into the economy, and so forth. They are basically hoarding it.

That's ridiculous. This is not your typical billionaire.



Even if they put it in the bank, you do realize that it doesn't just sit there, right? Hoarding their money - really?

Tell me how money tied up in (mostly overseas) bank accounts and investments makes it into the pockets of these billionaires’ employees.

And do you not see the resemblance between this picture and the one posted earlier of the Trumps?

[Anonymous]

Anonymous wrote:

Anonymous wrote:Mar A Lago is a historic home and a resort with a club and paying members. It’s not a rental for 4 people.

Oh, is that how you justify Trump's disgusting opulence and excessive greed?



By trashing successful minorities? Obama's success must really threaten you.

This one

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:It means that almost all of the money in this country is with the 1% and it is not trickling down through higher wages, pumping it into the economy, and so forth. They are basically hoarding it.

That's ridiculous. This is not your typical billionaire.



Even if they put it in the bank, you do realize that it doesn't just sit there, right? Hoarding their money - really?

Tell me how money tied up in (mostly overseas) bank accounts and investments makes it into the pockets of these billionaires’ employees.

And do you not see the resemblance between this picture and the one posted earlier of the Trumps?

Post the evidence that the money is in overseas bank accounts.

As for it being "tied up," rich people do two things with their money - they invest it, and they spend it. If they invest it, it capitalizes corporations, provides capital for lending, etc. If they spend it, you surely realize that someone is building their yachts and planes and homes, right?

And no, I don't see the resemblance in those photos. If they were sitting on piles of currency, yes, but they're not.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:It means that almost all of the money in this country is with the 1% and it is not trickling down through higher wages, pumping it into the economy, and so forth. They are basically hoarding it.

That's ridiculous. This is not your typical billionaire.



Even if they put it in the bank, you do realize that it doesn't just sit there, right? Hoarding their money - really?

Tell me how money tied up in (mostly overseas) bank accounts and investments makes it into the pockets of these billionaires’ employees.

And do you not see the resemblance between this picture and the one posted earlier of the Trumps?

Post the evidence that the money is in overseas bank accounts.

As for it being "tied up," rich people do two things with their money - they invest it, and they spend it. If they invest it, it capitalizes corporations, provides capital for lending, etc. If they spend it, you surely realize that someone is building their yachts and planes and homes, right?

And no, I don't see the resemblance in those photos. If they were sitting on piles of currency, yes, but they're not.

I mentioned in my first post that spending it helps the economy. But they have a huge amount of money that they hoard. Do some research. You said yourself that they either spend or invest. What you admitted they don’t do is raise their employees’ wages. But hey! Who cares! The banks can just lend them their boss’ money so it’s all the same...right?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:It means that almost all of the money in this country is with the 1% and it is not trickling down through higher wages, pumping it into the economy, and so forth. They are basically hoarding it.

That's ridiculous. This is not your typical billionaire.



Even if they put it in the bank, you do realize that it doesn't just sit there, right? Hoarding their money - really?

Tell me how money tied up in (mostly overseas) bank accounts and investments makes it into the pockets of these billionaires’ employees.

And do you not see the resemblance between this picture and the one posted earlier of the Trumps?

Post the evidence that the money is in overseas bank accounts.

As for it being "tied up," rich people do two things with their money - they invest it, and they spend it. If they invest it, it capitalizes corporations, provides capital for lending, etc. If they spend it, you surely realize that someone is building their yachts and planes and homes, right?

And no, I don't see the resemblance in those photos. If they were sitting on piles of currency, yes, but they're not.

That was too easy

https://www.forbes.com/sites/frederickallen/2012/07/23/super-rich-hide-21-trillion-offshore-study-says/amp/

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:It means that almost all of the money in this country is with the 1% and it is not trickling down through higher wages, pumping it into the economy, and so forth. They are basically hoarding it.

That's ridiculous. This is not your typical billionaire.



Even if they put it in the bank, you do realize that it doesn't just sit there, right? Hoarding their money - really?

Tell me how money tied up in (mostly overseas) bank accounts and investments makes it into the pockets of these billionaires’ employees.

And do you not see the resemblance between this picture and the one posted earlier of the Trumps?

Post the evidence that the money is in overseas bank accounts.

As for it being "tied up," rich people do two things with their money - they invest it, and they spend it. If they invest it, it capitalizes corporations, provides capital for lending, etc. If they spend it, you surely realize that someone is building their yachts and planes and homes, right?

And no, I don't see the resemblance in those photos. If they were sitting on piles of currency, yes, but they're not.

That was too easy

https://www.forbes.com/sites/frederickallen/2012/07/23/super-rich-hide-21-trillion-offshore-study-says/amp/

But again, the money doesn't disappear. UBS, Credit Suisse, Goldman Sachs - all mentioned in the article - what do you think they are doing with all that dough? The money is offshore as a tax dodge, granted, but that's a whole different topic. My point is that it doesn't stay there.

[Anonymous]

Anonymous wrote:I mentioned in my first post that spending it helps the economy. But they have a huge amount of money that they hoard. Do some research. You said yourself that they either spend or invest. What you admitted they don’t do is raise their employees’ wages. But hey! Who cares! The banks can just lend them their boss’ money so it’s all the same...right?

Sigh...first of all, wage growth is real, as is the improvement in the overall employment in the US. It is a great time to be a worker in this country.

That aside, what exactly do you mean by this continued focus on "hoarding" money? If you see a building going up and a couple hundred people in hard hats crawling all over it, some investment bank is financing that whole project. If a factory is being built to provide five hundred new jobs, investment dollars are building that plant. If Amazon comes to town and is going to spend a billion dollars on a new campus, Jeff Bezos is not pulling that money out of his vault; some investment bank is financing all that.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Inside Michelle Obama’s $23 Million ‘Shark House’ Rental [VIDEO]

https://www.google.com/amp/s/heavy.com/news/2019/07/michelle-obama-shark-house-video-tour/amp/

While President Barack Obama and wife Michelle are not looking to permanently relocate to Los Angeles, California, the former First Lady has rented out one of the most exclusive homes in the Hollywood Hills, which is commonly referred to as the “Shark House” in Los Angles. While the much-hyped estate was first put on the market last year for $35 million, the home which incredibly includes an indoor shark tank pond, is now on sale for $23 million.

The house is listed by high-end luxury real estate agents Tomer Frideman and Kurt Rappaport, and it’s quite the spectacle. Located at 9255 Swallow Drive in the exclusive Doheny Estates neighborhood, the 12,800 square foot, three-story home includes seven bedrooms, 12 bathrooms, and incredible views of the Los Angeles skyline.

With the modern facilities, Obama will be able to keep up her fitness routine while residing in the Hollywood Hills. The Shark Home comes fully equipped with a wellness center, gym, and resistance pool. Other amenities include a recreational pool, a dry sauna, massage room, humidor room, movie theatre, automated doors, IoT technology, a full entertainment center area, a temperature regulated wine room, a walk-in tequila/vodka freezer, and a personal kitchenette in the master bedroom.

While the ultra modern home is furnished with top-of-line settings and cabinetry imported from Sweden and Italy, the piece de resistance of the house, of course, is the open air shark aquarium. With several stepping stones installed to float above the shark pond, dwellers can watch the live-in fish with a bird’s eye view. The tank includes eight stingrays, three houndsharks, one remora shark, one horn shark, one catshark, one starfish, and three yellow tang fish.

That’s quite a rental.

“And let me tell you something, I don’t have half as much as most of these folks. There’s only so much you can eat. There’s only so big a house you can have. There’s only so many nice trips you can take.””- Barack Obama

It's still smaller than Mar a Lago.

Fair point.

It is smaller than the Kremlin too, and that the Vatican.

Obama haters gonna hate. A guy with such a big mind and a big heart needs some big space to feel at home.

So a big mind and heart equals luxury housing? I mean that’s just a terrible rationale.

That was sarcasm

A big mind and a big heart lives like Carter or Ghandi or like Mandela, not like the Obamas.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I mentioned in my first post that spending it helps the economy. But they have a huge amount of money that they hoard. Do some research. You said yourself that they either spend or invest. What you admitted they don’t do is raise their employees’ wages. But hey! Who cares! The banks can just lend them their boss’ money so it’s all the same...right?

Sigh...first of all, wage growth is real, as is the improvement in the overall employment in the US. It is a great time to be a worker in this country.

That aside, what exactly do you mean by this continued focus on "hoarding" money? If you see a building going up and a couple hundred people in hard hats crawling all over it, some investment bank is financing that whole project. If a factory is being built to provide five hundred new jobs, investment dollars are building that plant. If Amazon comes to town and is going to spend a billion dollars on a new campus, Jeff Bezos is not pulling that money out of his vault; some investment bank is financing all that.

Buddy, you need to do about 5 minutes of research. It is a well-known fact that the top 1% is HOARDING a very significant amount of their money. This is fact. Not really debatable.

Wages are stagnant and have been for quite some time. The job I had right out of college 20 years ago pays the same as it did back then, but now it requires a Masters and 15 years of experience. Take a look at job openings on indeed.com or something. The pay is generally pretty pathetic in many fields.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Mar A Lago is a historic home and a resort with a club and paying members. It’s not a rental for 4 people.

Oh, is that how you justify Trump's disgusting opulence and excessive greed?



By trashing successful minorities? Obama's success must really threaten you.

This one

Whos' the woman next to Trump?

[Anonymous]

Michelle Obama - most admired woman in the world in new poll

https://thehill.com/blogs/in-the-know/in-the-know/453736-poll-michelle-obama-most-admired-woman-in-the-world