Obama Now Sells His Time to Wall Street At $400,000 For an Hour!
In 2009 President Obama told 60 Minutes, “I did not run for office to be helping out a bunch of fat-cat bankers on Wall Street.” However now that he has left office, the now ex-president is very happy to take big bucks from the fat cat bankers! While the official announcement has not yet been released, insiders are confirming that the contract has been signed. Obama will nearly match his yearly presidential salary when he gives the key note speech to a room full of investment bankers in September.
It would seem that Obama is now going to be following in the footsteps of former president Bill Clinton who according to Hillary left office after eight years as president dead broke.
Since then according to some estimates, Clinton earned well over $100 million in fees for public appearances since leaving office…and this does not include Hillary’s speeches and appearances at $200,000 per!
It will be very interesting to see how the leadership of the Democrat party responds to this big change in direction by the ex-president. Bernie Sanders and Elizabeth Warren are both known to be strongly anti wall street. Will they stand on principle and call out the head of their party?
Source: New York Post