"The Obama Foundation Is Even More Corrupt Than You Thought".
New federal tax filings reveal the staggering salaries flowing through the Obama Foundation as construction of the $850 million Obama Presidential Center in Jackson Park nears completion. The foundation will operate the massive 19.3-acre campus, which sits on publicly owned Chicago parkland. The project includes a museum, an athletic center, and a public library branch. It will not operate as a traditional presidential library overseen by the National Archives.
The land it sits on is a big part of the scheme. The Obama Foundation secured a 99-year agreement with the city, under which the foundation pays just $10 per year to use the plot. That deal alone costs Chicago tens of millions of dollars in potential value while handing over prime public property to a private nonprofit run by a former president.
With such a sweet deal in place, the foundation has been able to pay its officers inflated salaries, the most eye‑popping of which is paid to Valerie Jarrett, one of Obama’s closest political confidantes. Jarrett “earned” $740,000 in 2024 as CEO of the Obama Foundation. That salary easily outpaces the compensation paid to leaders at several other presidential foundations.
An artist's rendition of the typical Obama Foundation executive:
He outslimed Hillary fricken Clinton to win the nomination, did anybody think he wouldn't be at least as corrupt?
ReplyDeleteI have to say though, at least the Clinton Foundation was mostly bribes, Obama's stealing our taxed money.