Huffpost Politics

Michele Bachmann: Obama's Wealth 'Really The Issue' In 2012 Election (VIDEO)

Posted: Updated:
US Republican Representative from Minnesota and former presidential candidate Michelle Bachmann speaks at a Tea Party Unity Rally at The River at Tampa Bay Church in Tampa, Florida, on August 26, 2012 ahead of the Republican National Convention. AFP PHOTO / ROBYN BECK (Photo credit should read ROBYN BECK/AFP/GettyImages)
US Republican Representative from Minnesota and former presidential candidate Michelle Bachmann speaks at a Tea Party Unity Rally at The River at Tampa Bay Church in Tampa, Florida, on August 26, 2012 ahead of the Republican National Convention. AFP PHOTO / ROBYN BECK (Photo credit should read ROBYN BECK/AFP/GettyImages)

Michele Bachmann said President Barack Obama can't relate to "the common man" because of his extreme wealth, failing to note that GOP presidential nominee Mitt Romney is worth hundreds of millions more.

"President Obama is extremely wealthy," Bachmann said when USA Today asked how someone with "vast wealth" could connect to the American public. "He and his wife have been wealthy for a number of years, and so I think that's really the issue. President Obama is wealthy -- what does he understand about the common man right now?"

According to financial disclosure reports released by the White House in May, the Obamas hold assets worth between nearly $2.6 million and nearly $8.3 million. Romney's net worth is up to $255 million, according to financial disclosure reports.

The Obama campaign has attempted to cast Romney's wealth in a negative light, pressuring the GOP candidate to release his tax returns and criticizing Romney's private equity career.

"Hey, how many of you all have a Swiss bank account?" Vice President Joe Biden asked at an April campaign event. "No one? And how many of you have somewhere between $20 and $100 million in your IRA?"

This isn't the first time Bachmann has attacked Obama. In the past, she's called him "the most dangerous president we've had on national security" and criticized Obama for "waving a tar baby in the air."

Bachmann said Romney and Ryan are a "brilliant combination" thanks to Ryan's knowledge of policy and Romney's position as "someone who understands the real-world economy." Bachmann ended her own campaign for the GOP presidential nomination in January 2012 and endorsed Romney in May.

Below, a slideshow of other notable Bachmann moments:

Close
Unforgettable Bachmann Moments
of
Share
Tweet
Advertisement
Share this
close
Current Slide

Around the Web

Michele Bachmann: Obama 'The Most Dangerous President We've ...

Michele Bachmann, Herman Cain fire up tea party faithful ahead of RNC

Michele Bachmann Targeted By Credo SuperPAC In Anti-Tea Party Push

Steve King Stands By Michele Bachmann Crusade Against Muslim Brotherhood ...