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View Full Version : Obama to make $85 million from gulf disaster



Large Sarge
24th June 2010, 06:03 AM
http://www.twawki.com/?p=6768


“Goldman Sachs wasn’t alone either in its astute “foreknowledge” of the collapse of BP’s stock value due to the Gulf disaster as BP’s own chief executive, Tony Hayward, sold about one-third of his shares weeks before this catastrophe began unfolding too.

But according to a FSB report the largest seller of BP stock in the weeks before this disaster occurred was the American investment company known as Vanguard who through two of their financial arms (Vanguard Windsor II Investor and Vanguard Windsor Investor) unloaded over 1.5 million shares of BP stock saving their investors hundreds of millions of dollars, chief among them President Obama.

For though little known by the American people, their President Obama holds all of his wealth in just two Vanguard funds, Vanguard 500 Index Fund where he has 3 accounts and the Vanguard FTSE Social Index Fund where he holds another 3 accounts, all six of which the FSB estimates will earn Obama nearly $8.5 million a year and which over 10 years will equal the staggering sum of $85 million.

The FSB further estimates in this report that through Obama’s 3 accounts in the Vanguard 500 Index Fund he stands to make another $100 million over the next 10 years as their largest stock holding is in the energy giant Exxon Mobil they believe will eventually acquire BP and all of their assets for what will be essentially a “rock bottom” price and which very predictably BP has hired Goldman Sachs to advise them on.

Important to note is that none of this wealth Obama, Goldman Sachs, and other American elites is acquiring would be possible without this disaster, all of whom, as the evidence shows, “somehow” knew what was going to happen before it actually did, including the US energy giant Halliburton who 2 weeks prior to this disaster just happened to purchase the World’s largest oil disaster service company Boots & Coots”.

StreetsOfGold
24th June 2010, 07:59 AM
Obummer should take his newfound "wealth" and purchase that $75,000,000 eyesore mentioned in the other thread.

DMac
24th June 2010, 09:47 AM
This article doesn't make sense to me. How exactly is Obama going to make 85 million going long ANY stock currently in one of the Vanguard funds - even if he is invested in Vanguard?

To profit from the crisis would have required shorting, no? Something not allowed in 401k plans.

The Vanguard 500 Index is down 1.19% YTD, the other fund mentioned, Vanguard FTSE Social Index Fund is up 0.6% this year.

I'm going to call bullshit on this article. You folks know I am no fan of President Hussein but this one seems off. (Not that I don't think Obama will somehow make millions off this disaster, he likely will, but this article is bunk.)

Here are the fund specifications, per Morningstar:

http://quote.morningstar.com/fund/f.aspx?t=VFINX

http://quote.morningstar.com/fund/f.aspx?t=VFTSX

StackerKen
24th June 2010, 09:58 AM
Story in OP is By: Sorcha Faal


http://www.whatdoesitmean.com/index1380.htm

Neuro
24th June 2010, 10:20 AM
Story in OP is By: Sorcha Faal


http://www.whatdoesitmean.com/index1380.htm
LOL If there is something that doesn't seem to add up, it is very often a product of Sorcha Faal... Has he ever written something that is factually correct?

hoarder
24th June 2010, 10:37 AM
The best way for the world's conspirators to turn the masses away from conspiracy theories is to flood the internet with easily disprovable false conspiracies. This conditions the masses to disregard conspiracy theories in general.

Sorcha Faal is one of many employed to accomplish that objective.

Large Sarge
24th June 2010, 10:39 AM
Story in OP is By: Sorcha Faal


http://www.whatdoesitmean.com/index1380.htm


good find

sorry about that,

:oo-->