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Once again, Obama Got Trumped!

Once again, Obama Got Trumped! | Trump Built This 
for $847 Million; Chicago; Obama's $850 M Cost, $500 M 
Over Original $350 M Estimate | image tagged in donald trump,barack obama,library,ugly,embarrassing,waste of money | made w/ Imgflip meme maker
367 views 25 upvotes Made by vBackman 2 days ago in politics
45 Comments
5 ups, 2d,
2 replies
Trump's building is at least twice as tall as Obama's and at least three times wider at the base. You piccked a great way to illustrate the difference.
2 ups, 17h
And it was built to make profit, which to this date, as it approaches two decades, it has not.

btw, accounting for inflation, that $847 million would be $1.3 billion today, so far closer to the projected cost of Trump's West Wing debacle then it would be to the Obama Presidential Center.
2 ups, 24h
The difference is one is a 98 story skyscraper, the other is an 8 story museum building. Don't compare apples to oranges. Trump Tower Chicago is not a museum, and the Obama Presidential Center is not a mixed-use skyscraper.
6 ups, 22h,
2 replies
President Trump is a builder President Obama was a leach
1 up, 3h,
1 reply
Bill Maher Slams Obama’s Presidential Library: ‘It Looks Like Something Aliens Built in Dubai’
0 ups, <1h
That insults both Dubai and aliens
2 ups, 14h
Trump Tower Chicago has been losing millions of dollars since its inception.
6 ups, 2d,
2 replies
Just like with his Soeterocare Scam
It's all a big con from the
Dingle Barry man.
2 ups, 17h
2 ups, 1d,
1 reply
Can we believe a guy who can't even research the correct name of what Obama built. It's the Obama Presidential Center.
2 ups, 1d,
1 reply
Obama was a good man. Honestly i miss him, my Italy and your US still loved each others back then, no wars on the world. It's true that you truly understands the importance of something only when you lose it
2 ups, 24h,
1 reply
Americans who are not in the MAGA cult love Italy and value your country as a great ally.
2 ups, 24h,
1 reply
Thank you for have saying this to me, i was afraid Trump convinced all the Americans to hate my country. Thank you ❤️
2 ups, 23h,
1 reply
You're welcome!👍
2 ups, 23h
❤️
4 ups, 8h
5 ups, 2d
🤔😁⬆️
4 ups, 21h
5 ups, 1d
Trump Tower Chicago is pictured 1/4 of it's true size - the OP just insulted Donald Trump!

Trump Tower Chicago has been implicated in multiple corruption and misconduct scandals spanning real estate operations, taxation, and environmental violations.

1. Financial Fraud & Tax Schemes

Double-Dipping on Tax Losses: An IRS audit and investigations by ProPublica revealed that Donald Trump utilized a dubious accounting maneuver to claim improper tax write-offs, essentially writing off the same construction losses twice on the Chicago tower. The IRS argued this could leave him with an IRS tax bill exceeding $100 million.

Asset Valuation & Loan Fraud: Investigations by the New York Attorney General alleged that Trump used the Chicago tower's property as collateral for bank loans while simultaneously taking tax positions that the tower was essentially worthless.

Condominium Misconduct: A federal lawsuit was filed by a former condo association board member, accusing the Trump Organization, building management, and the condo board president of wire fraud, racketeering, and retaliatory practices. The lawsuit alleged that management misallocated funds, concealed financial information, and manipulated hotel unit rates to benefit the tower at the expense of individual investors.

2. Environmental Law Violations

Chicago River Fish Kills: Following a lawsuit, a Cook County judge and the Illinois EPA found that the tower unlawfully extracted and discharged millions of gallons of heated water daily from the Chicago River without proper technology to safeguard wildlife, killing thousands of fish.

The $4.8 Million Settlement: Trump Tower International agreed to a $4.8 million settlement for violating the federal Clean Water Act and the Illinois Environmental Protection Act by continuously underreporting heated water discharge levels and operating without necessary state environmental permits.

3. Political Ties & Favorable Treatment

Property Tax Breaks: Trump Tower’s multi-million dollar property tax appeals, which resulted in massive reductions, have been a focal point of local scrutiny. Investigations and reporting surrounding the Illinois Property Tax Appeal Board sparked ongoing, high-profile defamation litigation involving the Chicago Sun-Times and former state tax officials regarding how these appeals were handled.

Banker Collusion: Former executives were convicted of federal crimes after using their banks to issue tens of millions in loans to Trump.
4 ups, 1d,
2 replies
Nationwide U.S. office building/hotel/condo prices have roughly doubled since 2005 (when the Trump Tower Chicago was financed and construction began). If the Trump Tower Chicago was built today, the cost would be approximately $1.5 billion to 1.7 billion (double the cost of the Obama Presidential Center).

Such a deceiving meme! The title should be "Once again, Obama trumped Trump!"
2 ups, 17h,
1 reply
Damn, the figure I got was 1.3 billion. I knew I should have double checked. I made a meme about it above, and also just posted a comment referring to that.
2 ups, 16h,
1 reply
Actually what I am getting is 1.3 billion.

Here's one:

Inflation Calculator
Inflation Calculator with U.S. CPI Data
Calculates the equivalent value of the U.S. dollar in any month from 1913 to 2026. Calculations are based on the average Consumer Price Index (CPI) data for all urban consumers in the U.S.

Result
$1,323.08 in May. 2026 equals $847 of buying power in 2009

https://www.calculator.net/inflation-calculator.html?cstartingamount1=847&cinmonth1=13&cinyear1=2009&coutmonth1=5&coutyear1=2026&calctype=1&x=Calculate#uscpi
1 up, 4h,
1 reply
Cool calculator! $1.3 billion is still a lot more than $847 million. The tower's financing and construction started in 2005 - using that year in the calculator instead of 2009 (the year the tower was completed), I get almost $1.5 billion.
[deleted]
1 up, 4h,
2 replies
2 ups, 4h
Ah, that explains it. Yeah, everything I looked at was based on 2009 dollars.

[[redo because typo]]
2 ups, 4h,
2 replies
Even though I'm not a Trump fan, I really like that building. Here's an image that isn't altered like the image in the meme.
2 ups, 2h,
1 reply
The members of this big club they call politics tend to do stuff for a reason.
1 up, 2h
Cult45!
2 ups, 3h,
1 reply
I didn't even know how it looked like till yesterday. That is a much better version then the unironically OP cut one. Much better looking than Trump Tower too, which is basically just a glass box anyways. The lobby is the only good-ish thing about that building.
1 up, 3h,
1 reply
Watched a special on TV about the Obama Presidential Center. It is really cool! It's not really a library (although it includes a new branch of the Chicago Public Library system), but a museum. It also has 19 acres of attractions (this large campus is not mentioned in the meme). Will become a great new tourist attraction for Chicago. Well worth the money.
1 up, 3h,
1 reply
I only caught part of the opening ceremony, and I don't know about the finer details, but yeah, looks like somebody omitted the rest of the spread.
1 up, 3h,
1 reply
Yeah, the OP omitted stuff like the 45,000-square-foot multi-purpose athletic and wellness facility containing an NBA-regulation-sized basketball court, community rooms, an auditorium, spaces for youth leadership workshops and arts programming, a teaching kitchen, outdoor recreational grounds including a sledding hill, picnic areas, a women's garden, fruit and vegetable gardens, and natural wetland walking paths.
1 up, <1h
As opposed to yet another Trump money losing behemoth?
4 ups, 1d,
1 reply
Excellent point! You just broke another vBackman meme! 👍👍💯
4 ups, 1d,
1 reply
That's not hard to do!
4 ups, 1d,
1 reply
True...🙂
3 ups, 1d
The slightest fact checking and they fall apart
2 ups, 20h,
1 reply
I take it from u all downvoting my comment like crazy u know im right or u all have TDS, derangement indeed when i showed u exactly what it is.
1 up, 4h,
1 reply
Ask your conservative friends to upvote your comments more!
2 ups, 4h,
1 reply
No, you got him wrong, look at this memes.
He's cool people.
2 ups, 4h,
1 reply
Yes, he deserves upvotes! Upvoted...
2 ups, 4h,
1 reply
aye
2 ups, 2h,
1 reply
¯\_(ツ)_/¯
0 ups, <1h
It happens
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    Trump Built This for $847 Million; Chicago; Obama's $850 M Cost, $500 M Over Original $350 M Estimate