Wednesday, October 14, 2009

Nobel Clearinghouse Winner

As you know, the Nobel Peace Prize Patrol drove up the White House driveway and awarded Barack-star the Nobel Peace Prize. Along with the medal comes $1.4 million in cash. Even though no one knows exactly why Barack-star was awarded the prize, I was pleased to read he plans to donate the prize money to charity. No word yet what charities will benefit from the Nobel committee's largesse.

This behavior is a positive evolution for the power couple.

According to the Huffington Post, from 2000-2004 the Obamas never gave more than 1% of their adjusted gross income to charity, in 2005 they donated 4.7% and in 2006 6.1% of their agi.

Last year the Obamas were in the top .2% of the U.S. population with earnings, reporting $2.7 million.

Good for them for being on a positive (albeit a little slow) giving track. Maybe the Obama's have discovered the wisdom of Longfellow when he said, "The life of a man consists not in seeing visions and in dreaming dreams, but in active charity and in willing service.”

P.S. Apparently the Bidens could learn from the Obamas. USA Today reports the VP and his wife averaged an annual charitable donation of just $369/year over the last decade.

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