After his billionaire vacay, Obama cashes in at the speech trough
For ordinary Americans, the one way you draw a $400,000 paycheck is to do something to create value. This is the story of very hardworking small businesses everywhere. As one wag put it several years ago in a book title, the first $20 million is the hardest.
Then there's Obama, fresh off his billionaire vacation over in Tahiti at Marlon Brando's exclusive hideaway estate, now drawing his first $400,000 paycheck for a...speech, from Wall Street firm Cantor Fitzgerald. Cue the music:
We're in the money, come on, my honey
Let's spend it, lend it, send it rolling along
Nice work if you can get it. And Obama is far from the only ex-official who's done it. The Bush family was the first group of politicians I was aware of that played this game. My savvy auto executive uncle in Michigan explained to me as a kid that this was very likely a disguised sort of bribery.
Obama has just demonstrated a capacity to take whatever this is to new heights. So much for this guy being a man of the people or devoting himself to mentoring young black men and returning to community organizing or his daughter Sasha in his post-presidency, as he had claimed at the end of his term. Nope, it's all about cashing out and getting rich on unearned income now, something he didn't want to tell the reporters when he was exiting office. Not exactly the "gone fishin'" relaxation of a real retirement, either.
The bigger question to ask may be what Cantor Fitzgerald got in return for its $400,000. Was it an expectation that Obama's minions would be returned to power, and an expectation of being remembered for their emoluments, or was it a payoff for some favor the Obama administration did during his presidency? A good investigative reporter should probably check into this.
As for the rest of us, well, compare and contrast how we make our $400,000 paychecks, all the pious talk from Obama during his presidency about how we all "work hard," now coming up against this rich wastrel picture. He's not adding value. He's collecting rents.
Had enough?
FOLLOW US ON
Recent Articles
- Transgender Armageddon: The Zizian Murder Spree
- Jasmine Crockett, Queen of Ghettospeak
- The Racial Content of Advertising
- Why Liberal Judges Have a Lot to Answer For
- Dismissing Evil and Denying the Holocaust — What’s the Endgame?
- The Witkoff Warning: Will Jordan’s King Fall?
- Can Trump Really Abolish the Department of Education?
- Carney’s Snap Election -- And Trump Saw It Coming
- We Can Cure Democracy, But Can We Cure Stupid?
- George Clooney: Master of Cringe
Blog Posts
- The Trump effect: An unprecedented investment surge and economic renewal
- Hydrocarbon-friendly Trump a match for energy-hungry India
- And Big Bird can’t sing
- The DC appellate court order affrming Judge Boasberg dishonestly ignores its lack of jurisdiction
- Hegseth boards plane flanked by two ‘bada**’ women, and the politically correct capitulation tour continues
- Payback: J.D. Vance calmly gives Denmark a real reason to be paranoid since they're asking for it
- Political shenanigans in Texas
- Jasmine Crockett tries to backpedal her ‘hot wheels’ comment about a wheelchair-bound Gov. Abbott, forgets the internet archives exist
- Signal debacle – maybe intentional
- Trump’s executive orders have big leftist law firms running scared
- In Denmark, Americans have become 'the deplorables'
- Mike Huckabee and a turning point in US-Israel relations
- Up is down, down is up!
- Who will thaw the Arctic?
- Do trans people expect us to abandon common sense?