Wednesday, September 10, 2008

One Way To Look At It

A President's pension currently is $191,300 per year, until he is 80 years old.

Assuming the next president lives to age 80. Senator McCain would receive ZERO pension as he would reach 80 at the end of two terms as president. Senator Obama would be retired for 26 years after two terms and would receive $4,973,800 in pension. (read it carefully as it is $4 Million!)

Therefore, it would certainly make economic sense to elect McCain in November.

How's that for non partisan thinking???

*As an aside, I checked this in Snopes. The inaccuracy is that there is no limit on the age a president receives pension. Therefore, McCain could continue to collect pension until his death, which if you listen to the opposition will be long before he leaves the white house. The more interesting numbers are how much each president actually costs us each year. I know it is a drop in the federal budget bucket, but still a staggering number.


whatloknows said...

Bahahaha, yes it is one way to look at it.
This is my first stop at your blog.
Thought I would leave a commento!


Deb said...

I love this blog! I just read all the way back to sometime in June. I would love to add you to my blog list. Would that be okay?

CaraBee said...

Thanks, Deb! By all means, add my little blog to your list!

LiteralDan said...

That's a funny way to look at it. It's always interesting to get into these kind of behind-the-scenes bits about presidents and their families, such as that the Secret Service provides security for the whole family, including children up to age 16, unless the president orders them to keep protecting them all beyond that age.

Maybe that's why everyone was so against electing an Irish Catholic-- that could get expensive!

CaraBee said...

Literal Dan - Everything in here is stuff that people (mostly friends and family) have emailed to me. We tend to lean right, so you'll probably notice some right wing political humor. No original material as yet. Thanks for stopping by!