Presidential Gifts


With great power, comes great responsibility; and if you're the leader of the free world it also comes with gifts.

Turns out President Obama never leaves empty handed from almost every meet and greet with other world leaders. According to the state department's annual accounting of gifts Mr. Obama has received thousands of dollars in gifts from people hoping to get in good with our country's head honcho.

Some of those include a $6,500 rug from Azerbijan, a zebra skin and a silver platter engraved with major world cities. Some gifts such as a Hebrew translation of his memoir “Dreams from My Father” are personal. Others such as a $10,000 sculpture of an eagle are meant to impress.  read more »

Obama Not Optimistic

With the election behind him, President-elect Obama can afford to be brutally frank with the American public. And he was just that on Sunday.

Appearing on “Meet the Press” on NBC, and at a later news conference, Mr. Obama said the economy will get worse before it gets better. To temper the harsh message, he pledged a recovery plan “equal to the task”, including a large economic stimulus plan and help for homeowners facing imminent foreclosures.

"We've got to provide a blood infusion to the patient right now to make sure that the patient is stabilized. And that means that we can't worry short term about the deficit. We've got to make sure that the economic stimulus plan is large enough to get the economy moving," he said.  read more »

Inauguration may break Capital bank.

If you think the bailout is expensive, wait until you find out how much change the change in Washington will cost you.

According to the D-C Examiner, huge crowds are expected for the inauguration of President-elect Obama on January 20th. And with it comes a record breaking bill for services. Each year the Federal Government gives the district $15 million dollars to cover the costs of events. But with huge crowds expected, security costs will far surpass that amount.  read more »

Obama: Pick staff based on ability, not just political ideology.

Back in 1980 I had the opportunity to work with J. Lynn Helms, then Chairman of Piper Aircraft, on a campaign to convert the former Hamilton Air Force base in Marin County, California into a general aviation airport. I was at the time running mostly republican political campaigns in California. But as a private pilot and former Air Force officer, I thought it vital we make the best use of this vital aviation asset. So I was actively seeking help from general aviation companies such as Piper.  read more »

Filed under: