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Cashing in on the Presidential gravy train

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  • Cashing in on the Presidential gravy train

    Former President Obama continues to pocket large gratuities for what are essentially deferred payments for services rendered during his time as President. This time, $600,000 for a single speech in Colombia - a free trade agreement with which the Obama administration concluded in 2011. Want a snap shot with the former President? Fork over $3200.

    https://www.zerohedge.com/news/2019-...peech-colombia

    This is in addition to at least $1.2 million he cashed in on for 3 speeches to Wall Street firms, including $400,000 to clients of Northern Trust Group, $400,000 to Cantor-Fitzgerald and $400,000 to the Carlyle Group

    https://www.washingtonexaminer.com/o...t-firms-report

    He still has a long way to go though to earn the roughly $104 million Clinton had already made from speeches in just his first ten years after leaving office

    https://www.washingtonpost.com/polit...5f1_story.html


  • #2
    No, wait, He's not a super-hero? https://www.youtube.com/watch?v=kVFdAJRVm94

    Credo quia absurdum.


    Quantum mechanics describes nature as absurd from the point of view of common sense. And yet it fully agrees with experiment. So I hope you can accept nature as She is - absurd! - Richard Feynman

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    • #3
      Nothing different from what other ex presidents have done - and for that matter ex prime ministers in other countries. It was happening as far back as President Grant
      Human history becomes more and more a race between education and catastrophe (H G Wells)
      Mit der Dummheit kaempfen Goetter selbst vergebens (Friedrich von Schiller)

      Comment


      • #4
        GWB made millions giving speeches to the public . Being a POTUS can make one money . Still not anywhere near the money Russian and South American leaders are said to make or take
        Long live the Lionheart! Please watch this video
        https://www.youtube.com/watch?time_c...&v=jRDwlR4zbEM
        https://www.youtube.com/watch?v=f3DBaY0RsxU
        Accept the challenges so that you can feel the exhilaration of victory.

        George S Patton

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        • #5
          Originally posted by Stonewall_Jack View Post
          GWB made millions giving speeches to the public . Being a POTUS can make one money . Still not anywhere near the money Russian and South American leaders are said to make or take
          Look at the dosh Tony Blair made (and still makes) However the difference between this and Russian and South American politicians is that Bush, Obama Blair etc all made their money after leaving office whereas they made theirs whilst serving and not by speakers fees either
          Human history becomes more and more a race between education and catastrophe (H G Wells)
          Mit der Dummheit kaempfen Goetter selbst vergebens (Friedrich von Schiller)

          Comment


          • #6
            The really sad part of this is that there is no shortage of sycophants willing to pay those kinds of fees to listen to failed presidents like Obama.
            Quis Custodiet Ipsos Custodes? Who is watching the watchers?

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            • #7
              Wonder how much Old Man Bush got for hurling on the Japanese PM?



              I was married for two ******* years! Hell would be like Club Med! - Sam Kinison

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              • #8
                Originally posted by slick_miester View Post
                Wonder how much Old Man Bush got for hurling on the Japanese PM?



                A lifetime supply of bad sushi...?
                Quis Custodiet Ipsos Custodes? Who is watching the watchers?

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                • #9
                  Originally posted by Mountain Man View Post
                  The really sad part of this is that there is no shortage of sycophants willing to pay those kinds of fees to listen to failed presidents like Obama.
                  Failed president? Radical RW media sure does a number on 'middle America' minds.

                  Comment


                  • #10
                    Originally posted by MarkV View Post

                    Look at the dosh Tony Blair made (and still makes) However the difference between this and Russian and South American politicians is that Bush, Obama Blair etc all made their money after leaving office whereas they made theirs whilst serving and not by speakers fees either
                    Suffice it to say that the money Obama made from his Wall Street speeches and now the speech in Colombia are likely deferred payments for services he performed as President. Or are we to assume that $600,000 for a speech in Colombia has nothing to do with his administration passing the US-Colombia Free Trade Agreement?

                    Comment


                    • #11
                      Originally posted by Skoblin View Post

                      Suffice it to say that the money Obama made from his Wall Street speeches and now the speech in Colombia are likely deferred payments for services he performed as President. Or are we to assume that $600,000 for a speech in Colombia has nothing to do with his administration passing the US-Colombia Free Trade Agreement?
                      Given that the agreement was originally signed under Bush five years earlier and there was a bi-party agreement over it in Congress and it's Congress not the Administration that passes things yes
                      Human history becomes more and more a race between education and catastrophe (H G Wells)
                      Mit der Dummheit kaempfen Goetter selbst vergebens (Friedrich von Schiller)

                      Comment


                      • #12
                        Originally posted by inevtiab1e View Post

                        Failed president? Radical RW media sure does a number on 'middle America' minds.
                        Obama was a failure, period. Anyone who hasn't figured that out by now is living in an altered reality.
                        Quis Custodiet Ipsos Custodes? Who is watching the watchers?

                        Comment


                        • #13
                          Originally posted by Skoblin View Post

                          Suffice it to say that the money Obama made from his Wall Street speeches and now the speech in Colombia are likely deferred payments for services he performed as President. Or are we to assume that $600,000 for a speech in Colombia has nothing to do with his administration passing the US-Colombia Free Trade Agreement?
                          A lot of people said the same of Ronald Reagan's speaking tour of Japan in the immediate aftermath of his presidency in 1989-1990, that the Japanese were paying up for all the good he'd done them during his Oval Office tenure.....
                          I was married for two ******* years! Hell would be like Club Med! - Sam Kinison

                          Comment


                          • #14
                            Originally posted by Mountain Man View Post

                            Obama was a failure, period. Anyone who hasn't figured that out by now is living in an altered reality.
                            Do you actually recognise reality?
                            Human history becomes more and more a race between education and catastrophe (H G Wells)
                            Mit der Dummheit kaempfen Goetter selbst vergebens (Friedrich von Schiller)

                            Comment


                            • #15
                              Originally posted by Mountain Man View Post

                              Obama was a failure, period. Anyone who hasn't figured that out by now is living in an altered reality.
                              Failure at what? I think you're misinformed.

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