More Roosevelt and Obama, can not say much for either.

More Roosevelt and Obama, can not say much for either.

Looking back at Franklin D. Roosevelt and how he managed to stay in office as long as he did. Makes you wonder about Obama. We have looked at some of the similarities.

The thing, which concerns us, is the money lying around then and now. The Democratic Congress wrote blank checks for Roosevelt. They did the same for Obama.

Roosevelt’s inability to handle money in a wise way was not fiction, it was a documented fact. 

Obama’s credit cards fiasco is well know, as well as his boondoggle with the purchase of the house in Chicago.

Although Roosevelt had money inherited from the Roosevelt fortune, which by the way came from the slave trade and shipping industry. This, according to Hugh Thomas, in his book, “The Slave Trade”. We find that:

“…like so many slavers of Liverpool; or of Lisbon; or of Seville; or of Middleburg, the Roosevelts’ home in Holland – home, too after that family had left for New Holland, one of the largest Dutch slave-trading company, in the eighteenth century.” A little chopped up but you can find it on page 10 of his book.

However this did not make him a financial genius. We do know that, according to John T. Flynn in his book “The Roosevelt Myth” a great deal of Roosevelt’s money was tied up in “…obligations he had at Warm Springs…” Georgia.

This was at a time when the Democrats were making an attempt to talk Roosevelt in to running for Governor of New York State, that was one of the reasons he was hesitant to run.

John Jakob Raskob, the chairman of the Democratic National Committee from 1928 to 1932 clinched the deal with Roosevelt in a phone conversation.

According to Flynn: Raskob asked what the obligation amounted to? Roosevelt replied: “two hundred and fifty thousand dollars.” Raskob then says: “All right. Your nomination is important in New York State. I am willing therefore to underwrite the whole sum of $250,000. You can take the nomination and forget these Obligations. You can have a fund-raising effort and if it falls short of the total I will make up the difference.’ Raskob then asked; ‘Now does this take care of the financial objection and will you run?’ Roosevelt replied laughing: ‘Well, that offer knocks all the props from under me. You can say I will accept the nomination.’”

Roosevelt went on to make a successful run for Governor. When he took over the Office there was a surplus “of $15,000,000”. When he left there was “a deficit of $90,000,000." This was in 1932.

Obama does not have access to the personal fortune, which Roosevelt had, but the Democratic Congress wrote him a 780 billion-dollar check. All of the money has not been spent. We are told there are millions, which have not been spent at the Energy Department alone. 

There is no telling about the other money and how much of it has not been spent.

We know Obama has set his sights on a billion-dollar campaign. If we take this, the slush fund left over from the stimulus, add the criminal enterprise Acorn who specializes in stealing votes and this just might put Obama over the top.


After all according to Larry Sabato what this coming election is going to boil down to is about 7 or 8 swing states.  Obama should be able to cover these with ease. After all for the off-year election in 1934, we find that Roosevelt “…pumped $135 million of relief money during the last week of the campaign into every state with the possible exception of Maine.” 

The Democrats voted Obama a blank check in 2009. After all he is a true Chicago style politician.


Have a nice day