Barack is working his magic to bring change to the workers of America and he's offshoring $30,000 worth of his love to prove he is as one with them.
Barack Obama to buy rare £20,000 rhodium ring for his wife to say 'thanks for your support'
Michelle Obama is to receive this £20,000 thank you from her husband for her support during the election.
The Harmony ring is made of rhodium - the world's most expensive metal --and encrusted with diamonds. It is being hastily made by Italian designer Giovanni Bosco in time for January's inauguration ceremony.
Only about 25 tons of rhodium are mined each year, mostly in South Africa, and as a result its price is typically around £5,000 an ounce.
Now all those capitalists will have a guideline with which to gauge their spending.