The personal money train has derailed for President Barack Obama, as just three years after the forty-fourth president earned over $5 million from his two bestselling books, tax returns show the recently re-elected two term Oval Office occupant made just $600,000 last year - and over two-thirds of that is due to his salary.
His returns indicate that his earnings declined more than twenty percent just from 2011 to 2012, meaning the interest surrounding The Audacity of Hope and Dreams from My Father have dwindled to a mere blip in the book market as four years of his incompetent governance have turned readers off from hopeful idealism.
President Obama also reportedly donated $150,000 to charitable organizations in 2012, primarily to the Fisher House Foundation, which offers assistance to military veterans and their families.
But one should not worry for President Obama's future, as he has raked in literally millions of dollars from both of his books during and immediately after the 2008 election, and I'm sure with the conclusion of four more years in power, he'll write his autobiography and probably net God knows how much more from his base.
What say you?
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