https://www.yahoo.com/news/saudi-king-showered-obamas-with-1308621692543030.html
That’s because, throughout 2014, Saudi King Abdullah and top kingdom
officials spent a fortune on gifts for Obama, first lady Michelle Obama
and their daughters — roughly $1.35 million on the list.
The accounting was made public the day before Thanksgiving, with Americans poised to dive into the gift-buying season.
The
first thing to know is that these gifts aren’t bribes. If Obama wants
to keep anything he gets from another world leader, he has to pay fair
market value for it and take it with him when he leaves office.
Otherwise, U.S. law stipulates that the president must turn over
everything to the National Archives or other institutions for storage or
display. A quick look through this year’s list suggests he did not opt
to hold on to any presents.
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