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Mitt Romney Granddaughter, Allie, Featured on ‘Rich Kids of Instagram’ (PHOTO)

By Meredith Carroll |

Money

It’s no secret both presidential candidates are rich. One of them is just more discreet about it than the other.

Mitt Romney catches a lot of flack for having a lot of money. But he’s hardly the first politician to have many, many zeroes tacked on to the end of the balance in his bank account. If you think Barack Obama isn’t also extraordinarily wealthy, think again.

And yet the Obama family has the good sense to mix lower-cost clothing in with their higher-end items, especially in the face of a national economy that has suffered tremendously over the past several years. Sure, Michelle Obama has worn expensive clothing on occasion, but remember all the hullabaloo when Sasha and Malia Obama wore J. Crew to their dad’s swearing-in ceremony? J. Crew isn’t cheap, but it isn’t Oscar de la Renta, anyway.

That’s the high-end couture designer whom Allie Romney, granddaughter of Mitt, posed with (and, presumably, in), when she posted a photo of herself in an elaborate gown on Instagram. That photo was then posted on Rich Kids of Instagram, a Tumblr site whose motto is, “They have more money than you and this is what they do.”

Whether you begrudge people with money — even if they’ve earned it on their own — only you know. But it’s hard to argue that in an election year when the economy is the talking point (especially among the Republican party), that perhaps the (Republican) Romney family should have kept a tighter leash on how their closest allies flaunted their money to the not-so-fortunate masses.

Take a look at Allie Romney’s Instagram photo:

Allie Romney

How the Romneys live — privately and publicly

Source: Radar Online

Top photo credit: iStock

Bottom photo credit: Instagram

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About Meredith Carroll

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Meredith Carroll

Meredith C. Carroll is an award-winning columnist and writer based in Aspen, Colorado. She can be found regularly on the Op-Ed page of The Denver Post. From 2005-2012 her other column, "Meredith Pro Tem" ran in several newspapers, as well as occasionally on The Huffington Post since 2009. Read more about her (or don’t, whatever) at her website. Read bio and latest posts → Read Meredith's latest posts →

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5 thoughts on “Mitt Romney Granddaughter, Allie, Featured on ‘Rich Kids of Instagram’ (PHOTO)

  1. Diera says:

    They both have money, but it’s inaccurate to imply they’re in the same league. Romney is wealthy even compared to other wealthy people. Barack Obama’s net worth is estimated to be between $3 million and $11 million, depending on what source you look at. Mitt Romney’s net worth is at least $250 million, with $31 million of that in cash. So Romney’s got at least three times and possibly an order of magnitude more money than Obama’s entire net worth, in cash, and that’s only a fraction of his total wealth. So Obama is wealthy; Romney is extraordinarily wealthy. That’s not a value judgement, it’s just true.

    http://www.snopes.com/politics/obama/networth.asp

    http://www.washingtonpost.com/opinions/mitt-romney-is-worth-250-million-why-so-little/2012/10/05/64128882-0c20-11e2-a310-2363842b7057_story_1.html

  2. Amanda says:

    You’re kidding, right? They are welcome to spend their money any way they like, and posting a single picture on instagram is hardly “flaunting.” Frankly, if I got to meet Oscar de la Renta and wear a dress, I would find it pretty exciting and want to share. This is just sick, picking on one of Romney’s granddaughters, who just wants to be able to enjoy herself. And for the record, I didn’t care that the Obama girls wore J. Crew… frankly, it would have been weird if they hadn’t worn very nice clothing.

    This whole idea that become some people have money means the rest of us has less is crazy. Mitt Romney having money isn’t directly related to my lack of money, he isn’t “hoarding” it. Being wealthy is so not the point here. Why can’t we just stick to the issues? I don’t hate Obama personally, nor do find him morally abhorrent, I just disagree with his policies. Mitt Romney is a good man, why can’t we just disagree on policies and stop making it personal?

  3. littlefrogs says:

    I’m sorry.. I thought they needed all those tax breaks to create jobs. Oh wait.. tax breaks for the rich don’t create jobs… http://www.nytimes.com/2012/11/02/business/questions-raised-on-withdrawal-of-congressional-research-services-report-on-tax-rates.html?_r=0

    They just hurt our deficit.

    And you know what… that’s pretty gross to see kids spending money like this when there are millions of families in this country who try to get by in a year on what that spoiled girl spent on a dress.

  4. Diera says:

    Politics aside, I always think it’s weird when very rich people get criticism for spending their money. That’s what the rest of us should want them to do, because when they spend their money, other people get it! When the Clintons threw a $3 million dollar wedding for their daughter, they got a lot of flack too, but think of all of the people who got paid that day. I think we ought to increase the social pressure on the very wealthy to throw extravagant parties. Yeah, it’d be better if they donated it directly to charity, but crazy spending is the next best thing, particularly if it’s spending where some of the money goes directly to people making relatively low wages, like catering staff, waiters, security people, cleaners, manufacturers of tents, etc. There’s no way that people like the Romneys are helping anyone by just sitting on their enormous pile of dough, so they should spend it.

  5. Vic says:

    Spending and keeping money in U.S. is helpful to the U.S. Economy. But hiding & hoarding them abroad is another thing.

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