Obamas BIGGEST Secret EXPOSED - The REAL Story They're Not Telling You

on this Voyage to truth and freedom that will require critical thinking and the ability to look at representatives of both parties and to declare openly and plainly the systemic corruption is exactly that all pervasive totally immersive and apparently unavoidable whether your hero is Donald Trump or Barack Obama we've got a story for you that points out that they were totally corrupt cannot be relied upon because

of the way the system operates today it's Barack Obama turn on the notification Bell if that tickles your fancy we do stories like this every day over on Rumble it's an hour long fantastic and fun show Barack Obama was seen as a great hope for many people someone that could genuinely change the political conversation that was a brilliant speaker and a charismatic man of course the

2008 Bank bailout smeared that reputation somewhat as did the droning of Syrian children but now that he's not present now he's an elder Statesman advocate for Joe Biden that guy let me know in the comments what you think of him it's disappointing isn't it to learn that a legal tax evading strategy that he railed against while President is being exploited now probably because he's actually so

poor and he's oh no he's a multi-millionaire isn't he let's have a look at this as Americans we don't mind paying our fair share of taxes as long as everybody else does too do we yeah we do but for far too long lobbyists have rigged the tax code with loopholes that let some corporations pay nothing you won't be saying that in a couple of years when

he's not president and indeed he's not saying that in a couple of years they've riddled it with giveaways that the super rich don't need while denying a break to middle class families who do Joe Biden there just thinking soon it'll be my turn and possibly earning a few quid on the side who's to say what happened when he was vice president let me know in the

comments let's close loopholes so we stop rewarding oh which I bought no not the loopholes you idiot Hunter companies that keep profits abroad and reward those that invest here in America everyone knows what to say don't they everyone knows the things that you're supposed to say but no one actually does them yes that's all this we're not really shutting those loopholes though are we of course

we're not he's not gonna be present a couple of years he'll be using those loopholes oh for you let's use those savings to rebuild our infrastructure and to make it more attractive for companies to bring jobs home yeah this is still such great stuff it's not just though is it let's simplify the system and let a small business owner file based on her actual bank statement

oh her oh this is good you're not gonna go in a few years just be explaining those loopholes not after you said her somebody that I saw in Nixon say that I saw Jimmy Carter say that nobody actually does it we can use that money to help more families pay for child care and send their kids to college we need a tax code that truly helps

working Americans trying to get a leg up in the new economy I mean everything's saying that's all sort of fantastic but it might as well be theater when you look at it actually it is there and it people stand up and clapping the flag hanging up there career politicians just sat around everyone's saying the stuff that they know they're supposed to say everyone knowing that they're

not going to actually do anything about it it's become more and more matter because in that one Barack Obama's actually defining the situation I mean you know I'm sick and tired of like presidents saying this stuff and then when they retire from office going on to exploit those loopholes and give speeches where they earn millions of dollars because of the way the world is now someone

could see it all happen in real time all right so I was thinking that the reason we've got this mad old Joe Biden version of the president now is that no one can be bothered to even emotionally invest in oh there's a woman one oh there's one that's a different color oh there's like so just give us an old white one that's totally full of and

just bring out another one in four years and we can achieve that together the big clap yet or already we said we're not we're still not shutting the loop also no no helping hard-working families make ends meet that's what we're trying to do that's what we're trying to do ask Raytheon Wall Street Lockheed Martin can't even built all of it just the old Hardware would you

want me to say again it's a hard working fight what just sing a song giving them the tools they need for good paying jobs in this new economy maintaining the conditions of growth oh shut up I can't conditions anymore okay this is uh from Lee Fang's substack Barack Obama campaigned extensively during his presidency to eliminate the carried interest loophole a tax strategy that allows billionaire investors

to evade ordinary income taxes yeah he was just giving a brilliant speech about it American families hard-working common decency you heard it before hedge funds and other private fund managers use this tax treatment to pay long-term capital gains of 20 a rate that is almost half of what many working Americans pay Obama while an office said this loophole leads to folks who are doing very well

paying lower rates than their secretaries however since leaving the presidency Obama has employed a similar tax strategy to potentially only pay capital gains tax for the services he's provided to private business interests one example of this is Obama's strategic partnership with MBA Africa which was announced in 2021 as part of an expansion of Africa's largest men's basketball league the deal is structured as a profit interest

share now what this is is ordinary area business practice what this exposes is that the rhetoric while in office is absolutely empty and Hollow it's not particularly egregious that Barack Obama is doing this it's standard it's normal everybody does it what's egregious is that in office they say that and out of office they do this because everything that takes place in office is a kind of

spectacle it's theater it's just something that people are saying if you're able to have said to Young Barack Obama then look are you sure about this because like when you leave you're gonna be that businessman you're gonna actually need this stuff you're like well I don't think I need to worry because this stuff will never actually happen so what you are left with is the incontrovertible

conclusion that politics is a media spectacle it's not actually going to do anything and that is the main message we're trying to transmit to you that is not the way to improve your life participate in it by voting on it talk about it preferring one of them over another one hoping that this one will be do better than that one look you can see behind that

one talking then is the one that you've got now he'll be doing his version of this he's so bloody old he's not really have time to cash in is he afterwards but maybe his kids will now we have to find ourselves not using profitable tax loopholes because we just can't afford the accountants so we have decided to accept this commercial from these partners of ours and

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profit interest Arrangement resembles the carried interest loophole which hedge funds and private Equity Executives used to pay a capital gains tax rate on multi-million dollar compensation packages that is often lower than the rate paid by middle class workers earning salaries how outrageous that people can be persuaded to spend their time criticizing and condemning other people in the same economic class as them in favor of lobbying

for ideologically at least the interests of elites on either party who ultimately as we have now seen will do nothing nothing because I don't think Trump did anything about this either close the loopholes that they benefit from when their allegiance to their economic class is resumed after their brief theatrical turn as President Obama pushed multiple times during his presidency to eliminate the carried interest loophole which

he condemned as a giveaway to the super rich but did he really or was it just some performance closing the carried interest loophole so that fund managers earnings would be taxed as ordinary income was a prominent feature in Obama's budget request to Congress as well as during public speeches and his re-election campaign I think that's what's significant is rhetorically is effective he didn't make it it

didn't get done did it was it ever meant to get done in 2012 Obama even ran television advertisements criticizing Mitt Romney for his use of the carried interest tax provision during Romney's career as a private Equity executive in the ad the narrator claimed Romney used every trick in the book tax Havens offshore accounts carried interest Mitt Romney has used every trick in the book in a

way as well though like like I don't want to pay tax to you do you trust the government do you like the government you want to give them your money so they can go bomb some foreign land or do deals with medical health care providers they'll rip you off or weapons manufacturers the morality around tax for me is out the window I would like to pay

tax directly to the community that I live in to elective concerns and interest that you through consensus determine and vote on and allocate your taxes too and trust them to decide it anymore this is what happens when your government is completely bereft of all foreign say in our country oh well what about nurses they're not paying nurses enough what about teachers they're not paying teachers enough

what about railroad workers anyone who's doing anything anyone that you'll Trot out and during a pandemic say hey come on these people are heroes when it comes to it when it comes to paying them you'd rather use the money to buy up your private data to funnel into racing and Lockheed Martin to funnel into big Pharma to give themselves bonuses you know how this stuff operates

now so there's no morality around taxes anymore asked whether the business around Arrangement violated the principles Obama professed to support his president a spokesperson for Obama's office declines a comment because there's nothing you can say because the answer is yes of course it does but those principles were meaningless because it was just a performance over the last seven years the Obamas have accumulated a vast Fortune

through glitzy content production deals with Spotify Netflix and Amazon book sales and speaking fees to Banks and trade groups have also generated millions of dollars Obama's Newfound personal Fortune has voted him into the upper echelons of American Wealth the Obama family is reportedly building several houses on a plot of beachfront Hawaiian property purchased by a close friend Martin Nesbitt the chief executive of History group a

chicago-based private Equity Firm how then can you spend any time engaging in the discourse about the differences between the various figures that occupy these apparent political movements it's simply sort of a theater troupe it's just casting really oh this one's good he's charismatic stick him out there for a while he'll do all right then afterwards he'll do what they always do no one has got the

tenacity the personal moral fortitude to sort of step outside of it and operate with any conviction and I feel that the system itself doesn't really afford it that people are being filtered out that relationships are being formed people are getting funded by such nefarious individuals and such terrible institutions but by the end of it as you know the phrase that Trump used the swamp the swamp

has engulfed everybody and indeed the draining of the swamp is precisely what's been required or just leave the swamp and go somewhere else when he first ran for presidency Obama struck a populist tone promising to close the revolving door in Washington a special interest in lobbyists and end unfair Trade Practices with China and whole Business Leaders accountable the usual Obama's presidency turned out to be a

disappointment to many progressives who were frustrated by among other things his support for expanded International Free Trade deals after campaigning on renegotiating them a bit like when Joe Biden said make Saudi Arabia Pariah and then and make them in fact the Pariah that they are and and his administration's refusal to criminally prosecute major Banks responsible for the 2008 crisis since leaving office Obama has largely stopped

populist economic arguments altogether he's apparently more interested in the issue of alleged disinformation disseminated on social media that's interesting isn't it because there's a clear and obvious relationship between this new censorship industrial complex and the interests of the powerful as long as they can maintain control over Independent Media as long as they can ensure that mainstream media carries messaging that is beneficial to their agenda they

don't ever have to alter the unequal unfair corrupt systems that they build participate in and exploit even when rhetorically pretending that they oppose them so when you have Independent Media like us where we're willing to talk about these problems convey this information query whether or not former president should be operating in that way and whatever reveals when they are can be shut down and the participants

in projects such as these smeared that was the topic of Obama's speech at Stanford University in 2022. I want to speak about disinformation because that's the only thing I can speak about now because I'm so rich that anything else I mention is going to seem like hypocrisy as well as the focus of the Obama foundations inaugural democracy Forum Summit last November Obama made no mention of

the carried interest loophole or any tax justice issues during either public address so when he was in a position where he could have but didn't do anything about it he spoke about it now he's in a position to exploit it he doesn't mention it so I don't know is that less hypocritical or the carried interest loophole has remained vexing for multiple administrations on at least one

occasion former president Donald Trump rallied against the loophole on the campaign Trail but he never invested significant energy in eliminating it huh sparing it in his far-reaching tax cut legislation in 2017 and creating a new path for high income earners to avoid top income tax rates President Joe Biden similarly promised to end the special tax treatment but failed after Fierce lobbying from the investment fund industry

last year as Congressional negotiators hashed out the final stages of the inflation reduction act the loophole's closure appeared imminent but last minute lobbying Blitz from the American Investment Council which represents leading private equity and hedge funds along with the pressure from the real estate industry convinced Senator Christian Cinema of Arizona an independent who identified as a Democrat at the time to kill the measure I'm a

Democrat I'm an independent what do I need to do to be paid just shut down this bill then I'm that in the end Biden signed the legislation without any change to the carried interest tax rule here is another story that shows us the necessity of remaining mentally Frugal objective and clear-headed when it comes to dealing with political disinformation Barack Obama while in office publicly spoke about

this issue all the time campaigned on that basis passionately received standing ovations while wowing The American Nation on the topic but Barack Obama Obama now as of today uses that legal tax loophole in order to profit while talking about curiously disinformation misinformation Mal information which I believe are new categories that have been created to shut down the sin and to prevent issues like this one being

publicly discussed so that the whole system can continue to maintain itself because the system's not going to destroy itself from within itself it will be destroyed from outside it that is why these new legislative barriers are being even before our very eyes formulated with the assistance of hypocrite Barack Obama but that's just why I think why don't you let me know what you think in the

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