Why No Media Response on Barry Soetoro’s $400 Million in Offshore Accounts?
BY IWB · AUGUST 1, 2017
Sharing is caring!by Mark AngelidesWith the naming of “Obamacare” a little known piece of legislation was tucked in stating that “expenses and royalties associated with naming the bill” would be paid out. Until it was renamed the Affordable Care Act, these “royalties and expenses” totaled $411 million…
And guess who they got paid to?
It is an inarguable fact that former President, Barack Obama, has been known in his life as Barry Soetoro; this stems from the time he moved to Indonesia with his mother’s second husband, Lolo Soetoro. Barack was enrolled in school under this name and continued to use it for some time on his return to the United States at the age of 10.
Of the monies paid for “royalties and expenses” it seems “$400 million was transferred discreetly to accounts offshore to Barry Soetoro, LLC, a legal entity operating out of three foreign countries.”
The accounts have funds in the Cayman Islands, Caledonia, and Ireland; what this means is that it is not paying tax in the US…It works out to around $170 million not in the public coffers.
The first point is this: Why on earth should a sitting president be able to claim over $400 million for naming a bill after himself? And of course, where does this money actually come from?
A more paranoid person would make the assumption that Obamacare was built to fail, and last just long enough for a sizeable chunk of American money to be paid out. If this were just a plain and simple law that applies all the time, why doesn’t every President name bills after themselves? TrumpWall© or Reagan’s Iron Curtain Removal Policy©. It is not regular, and could in fact be the very reason that Obamacare was pushed through without a proper reading.
The second point is about why the MSM are letting this slide? Of course we know that the media are biased towards the “progressive agenda”, but this story is so huge, you’d think at least one mainstream journalist would put it out there! But no, it remains in the dark recesses of “our little world”. Consider this: If Donald Trump made a single dollar in profit from one of his ventures and didn’t pay the appropriate taxes on it, how many hours of headlines and “moral dissections” would flood our screens? This is worse than hypocrisy, this is borderline criminal.The third point is a little more speculative. What is the money being used for. $400 million is a lot of money.
It is almost impossible for Obama to bring it back into the country as petty cash and start spending without some kind of scandal. Some of it will doubtless be washed through The Obama Foundation, but what is the money earmarked for? I would suggest that Obama was schooled in how to set up this bill, to receive the money and move it to offshore accounts; all with the intention of using it further an agenda backed by…………………………..