Ulysses S. Grant

“Non Politicians”–Presidential Winners And A Few Presidential Nominees

With three Republican Presidential candidates for 2016 being “non politicians”, people who have never served in a government position on the city, state or national level, the issue arises: have there been any other such candidates in the past?

It turns out that we have had several military generals who never served in a civilian position, that could qualify as “non politicians”.

This includes the following:

Zachary Taylor 1848 (Mexican War)

Winfield Scott 1852 (Mexican War)

George McClellan 1864 (Civil War)

Ulysses S. Grant 1868, 1872 (Civil War)

Winfield Scott Hancock 1880 (Civil War)

Taylor and Grant were elected, while Scott, McClellan, and Hancock were defeated in their attempts to become President.

McClellan did serve as Governor of New Jersey from 1878-1881, AFTER running for President against Abraham Lincoln.  But Taylor, Scott, Grant and Hancock never ran for public office.

Additionally, Horace Greeley, the New York Tribune publisher, ran for President in 1872, as the candidate of the Democratic Party and the breakaway group in the Republican Party opposed to Grant’s reelection, known as the “Liberal Republicans”.  He served very briefly as an appointed member of the House of Representatives, but not by vote of the people, but rather a choice of Whig Party leaders to fill a short term replacement before the election for the next term in Congress.  He served a total of only three months from December 1848 to March 1849, and did not run for the New York City seat.  Technically, one could say he had that political experience, but so little in time, that he could be seen as basically a “non politician” when he ran for President 24 years later, although being the editor of the New York Tribune was certainly “political” in nature.

Then we have Wall Street industrialist and businessman Wendell Willkie, who ran against Franklin D. Roosevelt in 1940, after stirring the Republican National Convention and overcoming much better known Presidential candidates, but while running a good race, he lost, and then supported the World War II effort and cooperated with FDR until Willkie died in late 1944.

And finally, we have billionaire Ross Perot, who ran for President as an independent in 1992 and as the Reform Party candidate in 1996.

So only Zachary Taylor and Ulysses S. Grant were “non politicians” who were elected President.

The odds of Donald Trump, Carly Fiorina, or Dr. Benjamin Carson being elected President in 2016, therefore, are astronomical!

Three Quirks Of Presidential Election History: 1872, 1912, 1940

We are now fully in Presidential election season, with constant focus on the candidates and the issues.

But when one looks back to Presidential election history, one discovers so called “quirks” in the 1872, 1912, and particularly the 1940 presidential election cycles.

In 1872, President Ulysses S. Grant, seeking a second term, faced Democratic and “Liberal Republican” Presidential nominee Horace Greeley, the editor of the famous New York Tribune newspaper, which had had such a dramatic effect on the issue of slavery and the evolution of the Republican Party. Greeley had also promoted Abraham Lincoln’s nomination in 1860.

Greeley, who was quirky in his personal life, seen by many as an “oddball”, became the candidate of so called “Liberal Republicans” who did not like the policies and actions of the Grant Presidency.

Of course, Grant defeated him, but only 24 days later, before the Electoral College could meet and cast its official votes, Greeley died, marking the only time that a Presidential candidate died during or after an election campaign, but before the inauguration. To top off the tragedy, Greeley’s wife had died a week before the election, and therefore, Greeley died only 30 days after his wife had passed away. Imagine if Greeley had won over Grant, which would have necessitated his Vice Presidential running mate, Benjamin Gratz Brown, to become the President-elect!

In 1912, President William Howard Taft was in a three way race with former President Theodore Roosevelt on the Progressive (Bull Moose) Party line, and with Democratic nominee Woodrow Wilson, who would win the three way contest.

But six days before the election, Vice President James Sherman died in office, so when the Electoral College met, it was agreed that Columbia University President Nicholas Murray Butler would be substituted on the Electoral College ballot to receive the 8 electoral votes for Vice President that Taft received for President. This is the only time a sitting Vice President or even Vice Presidential candidate died during the election campaign or before the inauguration.

And in 1940, Businessman Wendell Willkie was nominated for President by the Republican Party to run against Franklin D. Roosevelt, seeking a third term in the White House. Senator Charles McNary of Oregon was chosen as Willkie’s running mate for Vice President.

FDR went on to win, but meanwhile, in an oddity, it turned out that McNary died in February 1944, and Willkie died in October 1944, therefore marking the only time that an entire Presidential ticket, luckily the losing one, failed to survive the term that they were competing to serve in. Luckily so for the nation, as that would have required the Secretary of State for Willkie to have taken over just before the 1944 election, and at a crucial time in World War II!

Death Of A President: Warren G. Harding, August 2, 1923

On this day, 92 years ago, the 29th President of the United States, Warren G. Harding, died in San Francisco, on his way back from a tour of Alaska, and taking time away from the White House, which was besieged by scandals erupting around him, causing him to be depressed and despairing from the political pressures.

Harding had never been all that interested in running, but his wife, Florence, had ambitions for him, and Republican establishment leaders of the time saw him as someone ideal in place of the image of a crusading, reform President, as Theodore Roosevelt and Woodrow Wilson had been perceived.

Harding is best remembered for the scandals that erupted around him, generally known as the Teapot Dome Scandals, including the indictments of Secretary of the Interior Albert Fall; Attorney General Harry Daugherty; and Veterans Bureau administrator Charles Forbes, plus the later revelations of his love life before and during the White House years.

For those reasons, Harding is rated the worst President of the 20th century, and near the bottom of all Presidents in scholarly rankings.

Yet, Harding had appointed former President William Howard Taft to be Chief Justice of the Supreme Court; Herbert Hoover to be Secretary of Commerce; and Charles Evans Hughes to be Secretary of State. Looking back, he had appointed a former President; a future President; and a Presidential nominee who lost to Woodrow Wilson in 1916. All three had a major impact on their institutions, and Hughes presided over the Washington Naval Conference and naval disarmament, an accomplishment that makes him one of the greatest Secretaries of State in American history.

Also, Harding had been responsible for the creation of the Bureau of the Budget, the first national agency to promote a national budget; and had given a pardon to Eugene Debs, the Socialist party leader imprisoned for his opposition to America’s involvement in the First World War. He had also spoken out against lynchings of African Americans in the South and Midwest, a growing phenomenon, which he strongly deplored.

His sudden death shocked the nation, and he was mourned as a popular President, until the scandals started to emerge.

The debate about his death from a cerebral hemorrhage has been to promote conspiracy theories about a coverup, that possibly Harding had committed suicide due to the scandals erupting around him, and the thought that his wife might have known about the sexual liaisons Harding had, and murdered him, and supposedly the Secret Service covered it up. But there is no basis for either of these rumors. It was known that he had gained weight and was having medical issues, well hidden at the time of his passing.

The fact that the casket was not open at his funeral, and that his wife burned a lot of documents in the year after his death until her own death in 1924, adds suspicions about Harding.

The irony is that Harding is most interesting in regards to the scandals erupting under him, the most since Ulysses S. Grant and the most until Richard Nixon; for his love life; and for the rumors about his death, not for anything else that occurred, including what has been mentioned above.

“Surprise” Presidential Nominees, And Often Winners, In American History

As we are about to enter August, the year before the Presidential Election Of 2016, we find two “surprise” candidates doing very well, if one is to judge by crowds and public opinion polls.

Whether Donald Trump and or Bernie Sanders have a real chance to be the nominees of the Republican and Democratic parties is impossible to know this far ahead.

But in American history, there have been many surprise nominees, and or winners of the Presidency.

The examples of this phenomenon follow—17 Presidents and 6 Presidential nominees in 23 Presidential elections:

In 1844, James K. Polk was nominated by the Democrats on the 9th ballot, and went on to defeat the better known and more famous Henry Clay.

In 1848, Mexican War General Zachary Taylor, with no political experience, and no stands on political issues, was nominated by the Whig Party, and elected over Lewis Cass and Free Soil Party nominee, former President Martin Van Buren.

In 1852, little known Franklin Pierce was nominated by the Democrats on the 49th ballot, and went on to defeat famous Mexican War General Winfield Scott.

In 1860, one term Congressman Abraham Lincoln, not in public office in 12 years, was the choice of the Republican Party, and defeated Stephen Douglas, John C. Breckinridge, and John Bell.

In 1868, Ulysses S. Grant, Civil War Union Army hero, with no political experience, was nominated by the Republicans, and defeated Horatio Seymour.

In 1872, the Democrats and a fringe group known as the “Liberal Republicans” nominated well known journalist Horace Greeley, who had never served in public office, losing to President Grant.

In 1892, former President Grover Cleveland, who had lost reelection in 1888 to Benjamin Harrison, came back and defeated Harrison, becoming the only President to win, lose, and then win, and therefore, being listed as the 22nd and 24th Presidents of the United States.

In 1896, a former Nebraska Congressman, only 36 years old, William Jennings Bryan, inspired the Democratic convention and was nominated for President, but lost to William McKinley.

In 1904, an unknown (except in New York) state court judge, Alton B. Parker, was the Democratic nominee against Theodore Roosevelt, but lost.

In 1912, President of Princeton University, Woodrow Wilson, nominated on the 46th ballot by the Democrats, defeated President William Howard Taft, former President Theodore Roosevelt (running on the Progressive Party line), and Socialist Eugene Debs.

In 1920, an obscure Senator with no special accomplishments or credentials, Warren G. Harding, was nominated by the Republicans, and defeated Democratic nominee James Cox.

In 1924, the Democrats were deadlocked at their convention for 103 ballots, and finally nominated corporate attorney John W. Davis, who lost to President Calvin Coolidge and Progressive Party nominee Robert LaFollette, Sr.

In 1928, the Democrats nominated the first Catholic Presidential candidate, Alfred E. Smith, but he lost to Republican nominee Herbert Hoover.

In 1932, the Democrats nominated Franklin D. Roosevelt, who had been judged as having “no particular qualifications” for the Presidency, and he went on to defeat President Herbert Hoover.

In 1940, the Republicans nominated a businessman with no political experience, Wendell Willkie, after he inspired their convention, but he lost to President Franklin D. Roosevelt.

In 1948, President Harry Truman shocked the political world by winning a full term over Republican Thomas E. Dewey, States Rights nominee Strom Thurmond, and Progressive Party nominee, former Vice President Henry A. Wallace. He had been shown to be way behind Dewey in every political poll taken that year.

In 1952, a World War II general, Dwight D. Eisenhower, never having been involved in politics, was finally convinced to run for President, and defeated Democratic nominee Adlai E. Stevenson.

IN 1960, the second Catholic nominee for President, John F. Kennedy, was able to overcome the religion barrier, and be elected over Republican Richard Nixon, the well known and experienced Vice President under Eisenhower.

In 1968, former defeated Presidential candidate Richard Nixon came back eight years after having lost, and he won the Presidency over Hubert Humphrey and American Independent Party nominee George Wallace.

In 1976, a one term Governor of Georgia, Jimmy Carter, considered unknown to most and given little chance for the Democratic Presidential nomination, surprised everyone and was elected over President Gerald Ford.

In 1980, an aging two time candidate for President, Ronald Reagan, ended up winning the Republican nomination, and was elected over President Carter.

In 1992, despite a sex scandal, Arkansas Governor Bill Clinton won the Democratic nomination, and was elected over President George H. W. Bush and Independent nominee Ross Perot, even with Bush having enjoyed a 91 percent public opinion poll rating during the Persian Gulf War 18 months earlier.

In 2008, an African American first term Senator, with an Islamic middle name of Hussein, Barack Obama, overcame former First Lady Hillary Clinton for the Democratic nomination, and defeated Republican nominee John McCain for the Presidency.

So anything can happen in 2016, with further coverage of the upcoming election being resumed when the Iowa Caucuses take place on February 1.

Until then, this blogger will focus on the promotion of his new book on Presidential Assassinations and Threats. He will give information on the interviews that he will have on radio, tv/cable, the internet, and print media, so that my readers will have an opportunity to investigate my activities over the next six months.

When he has time, he will look at American political, diplomatic and constitutional history solely, as there is much fascinating material that can and should be discussed and analyzed. It will make a look at the future much more significant, as a result of the historical analysis of the Presidency, elections, political parties, the Congress, and the Supreme Court.

American Presidents And The Institution Of Slavery

Yesterday, the author was watching the reenactment of the funeral of Abraham Lincoln in Springfield, Illinois, on C Span 3–American History TV, and the question has arisen, while watching the event, of the truth about America’s Presidents and the institution of slavery.

It turns out, through further research, that more Presidents than once thought, owned slaves in their lifetime, and that others showed lack of concern about the institution, and compromised on it in their Presidencies.

So it turns out that 12 of the first 18 Presidents owned slaves, including

George Washington
Thomas Jefferson–some expressed discomfort in his writings, but sill benefited from the institution
James Madison—some expressed discomfort in his writings, but still benefited from the institution
James Monroe
Andrew Jackson
Martin Van Buren
William Henry Harrison
John Tyler
James K. Polk
Zachary Taylor
Andrew Johnson
Ulysses S. Grant.

Additionally, three Presidents, all Northerners, referred to as “doughfaces”, who went along with the institution through their actions, also supported continuation of slavery, including

Millard Fillmore–the Fugitive Slave Law of 1850
Franklin Pierce–the Kansas Nebraska Act of 1854
James Buchanan–support of the Dred Scott Supreme Court Case, and the Kansas LeCompton Constitution of 1857

It should be pointed out that Martin Van Buren had a few slaves at one point through family members but not while being President, but defended the institution while in office, and theh later had a change of heart, and ran as the Free Soil Party candidate for President in 1848, at that point opposing slavery,

Also, James Buchanan, technically, owned one slave for a brief period of time through his family, but not while President.

The same holds for Andrew Johnson and Ulysses S. Grant, ownership of slaves through family at some point, but neither while President. Grant, in particular, felt uncomfortable about the slavery heritage of his wife’s family.

The point is that only THREE Presidents always condemned slavery and worked against it

John Adams
John Quincy Adams
Abraham Lincoln

JQ Adams was extremely active against slavery, participating in the Amistad Supreme Court Case of 1839-1841 as one of the lawyers defending the slaves on that slave ship, in their bid for freedom, and sponsoring the move to condemn slavery in the House of Representatives, in his years after the Presidency. While a member of the House from Boston, he was censured for fighting the “gag rule”, which forbade discussion of the institution in House debate from 1836-1844. He also opposed the Mexican War as a war for slavery expansion.

Third Term Presidents: The Truth And The Historical “Might Have Beens”!

Anyone who studies American history knows that the 22nd Amendment, added to the Constitution in 1951, prevents any future President from serving more than two complete terms by election or a total of ten years by succession in the last two years of the Presidential term.

Only Franklin D. Roosevelt served more than eight years in the Presidency, a total of 12 years and 39 days, having been elected four times (1932, 1936, 1940, 1944), and this fact causing the opposition Republicans, when they controlled the 80th Congress in 1947-48, to pass the 22nd Amendment in 1947, and send it on to the state legislatures for ratification.

However, Ulysses S. Grant in 1876; Theodore Roosevelt in reality in 1912 as a third party (Progressive Bull Moose) candidate; Woodrow Wilson in 1920; and Harry Truman in 1952 considered a third term.

Additionally, it is clear that Dwight D. Eisenhower in 1960, Ronald Reagan in 1988 and Bill Clinton in 2000 would have won a third term if it had been allowed and they had agreed to seek it , with George H. W. Bush being the beneficiary of Reagan in 1988, and Al Gore being the beneficiary of Clinton in 2000, winning a larger margin of popular vote victory than any of the four cases of popular vote victory but Electoral College loss!

Also, if one considers popular vote victories of Andrew Jackson in 1824 and Grover Cleveland in 1888, but in each case losing the Electoral College, that could have meant three terms for Jackson (1824, 1828, 1832) and for Cleveland (1884, 1888, 1892)!

So if things had been different, instead of only FDR having a third and fourth term, we could have had Andrew Jackson, Ulysses S. Grant, Grover Cleveland, Theodore Roosevelt, Woodrow Wilson, Harry Truman, Dwight D. Eisenhower, Ronald Reagan, and Bill Clinton having third terms in the Presidency!

Is It Unusual For Three Or More Consecutive Terms For A Political Party In The White House? NO!

The myth has been promoted that it is “unusual” for a political party to keep control of the White House for more than two terms, eight years, but nothing could be further from the truth!

In the first political party system, the Federalists held power for 12 years (1789-1801) under George Washington and John Adams, although the name “Federalist” did not exist formally until 1794, after the battle between Alexander Hamilton and Thomas Jefferson created the first party system.

The Democratic Republicans then held power for 24 years (1801-1825) under Thomas Jefferson, James Madison, and James Monroe.

The newly constituted Democratic Party held power for 12 years (1829-1841) under Andrew Jackson and Martin Van Buren.

The newly constituted Republican Party held power for 24 years (1861-1885) under Abraham Lincoln, Andrew Johnson, Ulysses S. Grant, Rutherford Hayes, James Garfield, and Chester Alan Arthur, although Andrew Johnson was never a Republican, but rather a Democrat put on the national ticket for election reasons by Lincoln in 1864, and Johnson having a disastrous relationship with the Republican Congress, and facing impeachment proceedings.

The Republican Party then held power for 16 years (1897-1913) under William McKinley, Theodore Roosevelt, and William Howard Taft.

The Republican Party then held power for 12 years (1921-1933) under Warren G. Harding, Calvin Coolidge, and Herbert Hoover.

The Democratic Party then held power for 20 years (1933-1953) under Franklin D. Roosevelt and Harry Truman.

The Republican Party then held power for 12 years (1981-1993) under Ronald Reagan and George H. W. Bush.

So political parties have held control of the White House for more than two terms a total of EIGHT TIMES, ranging from 24 years twice, 20 years once, 16 years once, and 12 years four times!

Also realize that Grover Cleveland and Al Gore won the national popular vote in 1888 and 2000, but lost the electoral college. Had they become President, then there would have been 12 straight years of Democrats from 1885-1897, assuming Cleveland might have gone for a third term in 1892, instead of trying to return to the White House; and if Al Gore had won in 2000, it would have been at least 12 straight years of Democrats from 1993-2005, and potentially a second Gore term in 2004!

The Best Hope For The Republican Party For 2016: Governor John Kasich Of Ohio!

It is becoming very clear that the best hope for the Republican Party to regain the White House in 2016 is NOT Jeb Bush, is NOT Chris Christie, is NOT Rand Paul, is NOT Scott Walker and is NOT anyone else being considered other than the sitting Governor of Ohio, John Kasich.

Of all of the potential GOP candidates for the Presidency, it is John Kasich who has the most distinguished record of accomplishments, who has made very few flubs or blunders, who has avoided making stupid statements up to the present, who has come across as a serious possibility from the state that is the ultimate “swing” state, Ohio.

NO Republican President has won office without winning Ohio, and from 1868 to 1923, there were SIX Republican Presidents from Ohio—Ulysses S. Grant, Rutherford Hayes, James Garfield, William McKinley, William Howard Taft, and Warren G. Harding.

The Republican National Convention will be in Cleveland, and what could be more dramatic than nominating the sitting Governor of Ohio in Ohio?

Kasich has the most years of experience of anyone on the Republican side, having 18 years in Congress, and risen to the Chairmanship of the House Budget Committee, before leaving Congress, being an anchor for awhile on Fox News Channel, then working on Wall Street, before winning two terms as Governor of the “Buckeye” state.

No one is trying to claim that Kasich has made no mistakes, but compared to everyone else in the race, Kasich is the highest quality. While in Congress, he supported the Brady Assault Weapons Ban legislation and angered the National Rifle Association. He angered Tea Party groups by accepting Medicaid expansion, one of a very few Republican governors who have done that.

Kasich has worked against abortion rights, and has been shown to be anti union, typical of Republicans on the other hand, but he has also come across as an independent guy, who some have said has been influenced by the fact that his parents, killed tragically in an auto accident, were Democrats.

Kasich was considered as Bob Dole’s Vice Presidential running mate in 1996 but Jack Kemp instead was the choice of the Republican Presidential nominee. In 1999, he considered a Presidential candidacy but dropped out and endorsed George W. Bush. He could have stayed on in his Congressional seat and easily retained it, but decided after 18 years, it was time to move on. Had Dole picked him, he would have been only 44, and had he had a more serious Presidential bid in 2000, he would have been 48. Now he will be 64 in 2016, still young enough to be vibrant!

Kasich is also a reasonable man, a pleasant man, and avoids the image of arrogance and elitism that so many other Republicans exude. One can imagine a President Kasich, and if forced to do that, would be better able to live with it, as he is not a Tea Party Movement guy, not a Religious Right guy, not a libertarian! In fact, he is a bit of a skeptic about religion in politics, and has changed his religious views over his lifetime from Catholic to Anglican. He is in the mainstream of America, and is the best that the GOP has to offer, assuming former Utah Governor and Ambassador to China Jon Huntsman does not change his mind and decide to run after all!

150 Years Since Final Confederate Surrender Of Robert E. Lee To Ulysses S. Grant At Appomattox Court House In Virginia, Ending Civil War!

Today, April 9, marks the 150th anniversary of the end of the Civil War between the Union and the Confederacy, with General Robert E. Lee, the leading Confederate general, surrendering to Union General and future President Ulysses S. Grant at Appomattox Court House in Virginia.

This tragic war ended a four year conflict, just three days before its fourth anniversary, having killed an estimated 620,000 men, with the Union military losing about 360,000 and the Confederate military losing about 260,000 men.

The Civil War ended slavery forever, and upheld nationalism over states rights, and was an inspiration to many people in England and France, which saw it as a movement toward the evolution of democracy.

But sadly, the end of the war did not change the minds of many white Southerners, and over the generations, the Democrats of the South continued to promote Jim Crow segregation; brutal lynchings of African Americans and others, including Jews and Catholics; and fought toot and nail against civil liberties and civil rights, while parading the Confederate flag, which even today flies in South Carolina and some other Southern states.

And when civil rights laws were forced on the South fifty years ago under Lyndon B. Johnson, the Democrats lost their tight control of the South, and the Republicans, the party that had freed the slaves under Abraham Lincoln and promoted civil rights under Dwight D. Eisenhower, abandoned their principles and decency and became the new party of Southern resistance to justice and civil rights. Today, all of the Southern governors, with the exception of Virginia, and the Senate, with the exception of the two members from Virginia and one from Florida, are Republicans, working to undermine voting rights and promote racism and nativism at full speed, a total disgrace.

So while we celebrate the end of the Southern rebellion a century and a half ago, in many ways, the rebellion still lives on, poisoning the political atmosphere in many states, and in the national government, and particularly so with the very clear disrespect of Southern office holders for the African American President of the United States, who has been vilified in a manner unlike anyone since Abraham Lincoln!

American Presidents And Wealth Estimates In 2015!

An update on the net worth of America’s Presidents, their total wealth at time of death, or for the living Presidents, what it is as of 2015, including inflation as a factor, reveals the following:

John F. Kennedy was the wealthiest President, worth within the range of $125 million to possibly $1 billion!

Due to this uncertain range, George Washington might be the wealthiest at $525 million.

The other Presidents over $100 million in net worth are:

Thomas Jefferson $212 million

Theodore Roosevelt $125 million

Andrew Jackson $119 million

James Madison $101 million

Five Presidents over $50 million up to $98 million include:

Lyndon B. Johnson $98 million

Herbert Hoover $75 million

Franklin D. Roosevelt $60 million

Bill Clinton $55 million

John Tyler $51 million

The next six Presidents are worth between $20 million and $27 million, as follows:

James Monroe $27 million

Martin Van Buren $26 million

Grover Cleveland $25 million

George H. W. Bush $23 million

John Quincy Adams $21 million

George W. Bush $20 million

The next five Presidents are worth $10 million to $19 million, as follows:

John Adams $19 million

Richard Nixon $15 million

Ronald Reagan $13 million

Barack Obama $12 million

James K. Polk $10 million

The next ten Presidents are worth between $2 million and $8 million, as follows:

Dwight D. Eisenhower $8 million

Gerald Ford $7 million

Jimmy Carter $7 million

Zachary Taylor $6 million

William Henry Harrison $5 million

Benjamin Harrison $5 million

Millard Fillmore $4 million

Rutherford Hayes $3 million

William Howard Taft $3 million

Franklin Pierce $2 million

The remaining 11 Presidents are worth between under $1 million up to less than $2 million, in the following order:

William McKinley

Warren G. Harding

James Buchanan onward are each worth less than $1 million downward, with Truman the poorest.

Abraham Lincoln

Andrew Johnson

Ulysses S. Grant

James A. Garfield

Chester Alan Arthur

Woodrow Wilson

Calvin Coolidge

Harry Truman

Many of the early Presidents were landowners and slave owners, and were, therefore, extremely wealthy.

The Presidents of the middle and late 19th century were mostly quite poor, including those who were military generals.

Presidents since 1929 have been generally much wealthier in most cases.

Many Presidents in modern times have become wealthy through speeches and writings.

Bill Clinton has the potential to become of the wealthiest Presidents in American history as time goes by, and more so, if his wife, Hillary Clinton, becomes President! The long term potential for Barack Obama is also for great wealth over his lifetime, leaving office at age 55!