Chuck Todd Suggests Obama Wants To Raise Debt Ceiling For The Sake Of His Personal Fortune

6 years ago by David

Chuck Todd not only decided to take a cheap shot at the Obama's this morning on MSNBC, but also managed to trivialize just who would be harmed if the Republicans continue their hostage taking on the debt ceiling.

TODD: The Obama's are millionaires according to new financial disclosure forms released yesterday. The forms show the President and First Lady Michelle Obama hold assets between $2.8 million and $11.8 million and are you ready for this? Almost all of their investments are in T-bills. So nobody would be hurt more by the debt ceiling not being raised than the President.

Really, Chuck? No one else would be hurt more? If the Republicans put us into another recession or worse yet a depression, I think there are going to be a lot of other people who will come out that a lot worse than the President of the United States. I think somehow the Obama's would manage to recover. I can't say the same for the millions of people who are just getting by now and for whom it might mean life and death if our country's economy gets thrown into a tailspin.

h/t David for the video

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