Is the President's personal wealth increased by political maneuvers he makes?

Question

For instance, is the president allowed to have Haliburton stock and munitions stock etc?

Answer 1

The presidents investments are in a blind trust while he is president.

So he doesn't know what he is invested in.

But you can look and see what investments he had before he became president.

Bush investments were mainly in US Treasuries.

Surprise surprise, no Oil investments at all

Link below. Sometimes it works, sometimes it doesn't work.


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And then you have people like the previous poster, who don't do any research.

Otherwise they would know, H. W. Bush doesn't run the Carlyle Group, has never ran the Carlyle group, he was an advisor to the Carlyle Asian board for 2 years.

How anyone gets from being an advisor to them running it, I don't have a clue.

The same man runs the carlyle group today, that has always ran it, liberal EX Carter White House Aide, John Rubstien.

Answer 2

some of you have found this reason to find fault with the President, I will tell you up front I don't like the guy but I have done some research and this is what I found that the unemployment rate was lowest in the last 40 years with a 4.5 %. I already know that there are the nay sayers, but no matter what you say it would apply to all administrations over the last 40 years, so if you said that there are those that just gave up looking for work. I will tell you that those same people also did that under the Johnson administration as well and every administration since then and are still giving up. No matter the who's administration.

The U.S. economy is resilient and responsive, adding more than 7.2 million jobs since August 2003 despite numerous challenges including a recession, corporate scandals, the 9/11 attacks, and the worst natural disaster in American history.

In terms of real spending power we over all have had an increase of 1.7%, what that really mean is that the average family of four will have a increase of about a $1,000 (spending power) in a two wage family.

We as a people have had also a savings of almost 10% on our taxes

Answer 3

Those are 2 different questions legally. No, the president should not make moves to increase his personal wealth. If the president happens to have stock, he could be enriched though.

Yes, the president is allowed to have any stock/mutual fund/land investment etc that is legal. This is why the president is required to disclose these interests annually.

Answer 4

I personally don't think so because of all the oversight committees although they do benefit greatly after leaving office from giving speeches, etc. I don't recall the exact number, but Bill Clinton made several million just last year alone from speeches as did H. W. Bush before him. G.W will as well.

Answer 5

daddy shrub runs the carlyle group a billion dollar fund with 56 billion (up from 12 billion in 2001) in equity. war has done them absolutely no harm.

Answer 6

Presidents put their money in a blind trust usually. I'm not sure if thats required or not, but I know most do that. Obviously too many problems if they didn't do that.

Answer 7

His personally and publicly, probably not. But his dad, his brothers', his family trust, his offshore accounts, the Saudi royal family, and all his CEO buddies have done very well.

Answer 8

We would all be better off if BUSH had DIED in his Sleep of natural causes Ten (10*) years ago...

Answer 9

Why not? One does what one can. It is a fact of life.

Answer 10

of course , thats his personal portfolio