Does Barack Obama profit from Tracfones?

Answer 1

No, this is another internet myth, and it is false. President Obama also does not profit from cell-phones that are given to the poor and to battered women for free or for a very low cost: that program began under President Reagan, and has continued ever since. The myth of the so-called "Obama Phone" is untrue, just like the claim that he profits from certain pre-paid wireless services.