Friday, July 4, 2008

Enjoying the Good Life in a Mean Country

... What is most striking to me, though, is not that Obama shaved a fraction of a point off his mortgage by being a politically powerful customer. It is, rather, the rapidity with which Obama was able to turn his ascension to the Senate into material wealth. The Post describes the Obamas' mansion, purchased just a few months after Obama became a Senator:
The couple wanted to step up from their $415,000 condo. They chose a house with six bedrooms, four fireplaces, a four-car garage and 5 1/2 baths, including a double steam shower and a marble powder room. It had a wine cellar, a music room, a library, a solarium, beveled glass doors and a granite-floored kitchen.
How were the Obamas able to afford this on a Senator's $162,000 salary? They weren't, of course. ...

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