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Saturday, May 17, 2008

Obama's wealth rises rapidly

LA Times has a story today on Obama's wealth rising rapidly.
Barack Obama's wealth has more than doubled during his presidential campaign -- and has shot up tenfold since he entered the U.S. Senate three years ago, his financial disclosure filed Friday shows.
The easiest way for your wealth to shoot up tenfold or to double in a year, is to start with next to nothing. If you have a dollar today, and next year you have a hundred, your wealth just shot up 100 fold. But don't go congratulating yourself yet.

Addendum May 18, 2008:

The correct statistical interpretation of the quote data unquote presented in this article is that Obama was far and away the poorest of the 3 (and then there were 2) presidential candidates 3 years ago, and 1 year ago. The implications of the article are that he is on the fastest upward track, hence he is the elitist with the most-est...

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