Posted originally on Aug 26, 2024 By Martin Armstrong 

Michelle Obama’s comments at the Democratic National Convention were hypocritical to the point of sounding comical. Adorned in a $3,000 pantsuit, the former First Lady told the audience that her parents raised her to be “suspicious of folks who took more than they needed.” Those with more are not to be trusted. Those with more are the reason you have less. Leave it to the Obamas to fuel class warfare while disguising themselves as middle-class “folk.”

The Obamas are worth an estimated $70 million but that is likely understated. “Suspicious” of wealth, both Barack and Michelle left the White House far wealthier than when they entered. They own a mansion in Washington. D.C., estimated to be worth $8.1 million. These relatable middle-class folk have a mere 9 bedrooms and 8 bathrooms in their city dwelling. They also have a beachfront property in Martha’s Vineyard, despite the Obama’s insinstance climate change will sweep all coastal properties into the sea. That home is on 30 acres and worth around $11.75 million. Oh, there is their other city dwelling in Chicago, 6,400 square feet, estimated to be worth $1.65 million.

Barack was earning a salary of $80,287 as senator of Illinois in addition to $32,144 from the University of Chicago Law School. His book, “The Audacity of Hope,” propelled his wealth after he earned $1.9 million. He and his wife wrote numerous books, penned deals with Netflix, and did everything to stay relevant after he left the White House without actually doing anything to give back to the people. Yet, Obama was already a millionaire before he took office with his pre-2008 bond holding alone thought to be worth up to $5.1 million.

Let’s not forget the lobbying! But that is a topic for another day.

Michelle Obama then said that Donald Trump disliked the Obamas because they are black and educated – blatant defamation. Trump has numerous cabinet members of color on his team and they were not DEI hires. If you made it on Trump’s team it meant you were qualified and simply the best fit for the job. Furthermore, TRUMP was the one who agreed to begin funding historically black colleges. These schools begged Obama for years for assistance, and Trump provided it to them. Trump came into politics as a wealthy businessman. The issue is that many people mistakenly perceive politicians, especially career politicians, as public servants when they are power vultures who make their true living on lobbying deals, insider trading, or whatever power they can abuse to earn a buck. Trump does not need the lobbying money and has not been bribed by the establishment. Obviously, he has never lived the life of someone in middle America, but none of these other politicians are concerned about grocery store prices or daily expenses.

The illusion that the Obama family represent the everyday middle American has been well orchestrated. Trump was the only president to see his wealth decline during his presidency. He was also the first president who refused to take his taxpayer-funded salary. He said himself that he would not be running for re-election had the state of the nation not been in such dire straits under Biden and Harris. The Obamas are completely embedded in the establishment and are no more in touch with the average American than anyone else in Washington.