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Pres Obama now doing $400k speeches for Wall Street

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Is everybody missing the point in this thread except the one guy?

Obama is TAKING their money, how is he suddenly their best friend and not tough on wall street?

He is literally funneling money away from wall street and into his charitable foundations...


400,000 is like 10 minutes worth of sex workers and cocaine for Wall Street. He's really funneling em dry.
 

Maengun1

Member
Ah yes, the real evil liberals need to get bent out of shape about in America right now: Obama making money (that he's probably going to give most of to charity anyway)

this is why I have no hope for 2018/ever. Last year broke me
 
I'm on the subway right now shaking my head in disbelief in some of the mental gymnastics at display here. I'll respond to every reply after work later.
 

Acorn

Member
Yea, how dare he gouges bankers who can afford it. Image how much of a better place this would be if he only charged 10K.

Want to get even more outraged? Obama already made 8.8 MILLLION MOTHERFUCKING DOLLARS from the audacity of hope. How dare he!!!
Hey that's a damn good book only crazy right wingers don't like it*.

*May not be true but should be
 

riotous

Banned
Taking 400,000 for a speech? It is the epitome of greed. Doing so as a former president that campaigned on income inequality, it is unfathomable.

What if he speaks to them about income inequality?

What if he takes their money and invests it in his community outreach and social work charity?

So I'm doing mental gymnastics huh? You can't seem to think post "money bad;". What do you call that? Mental standing there not moving?
 

BennyBlanco

aka IMurRIVAL69
Cool. Just the kind of leadership the Democratic party needs. Obama is getting that Wall Street money, Clinton is walking a dog through the woods and reflecting on her legacy, and Bernie is stanning for the pro-life crowd. Can't wait for 2018.

What would you rather Clinton be doing?
 
There isn't anything wrong with it if he isn't running for any office again. Or heavily involved in party politics and pushing or trying to influence the parties agenda or who they run with. If he isn't, he won't really be in much of a position for a "quid pro quo" and it really is just a speech he's getting paid for.

Basically if he is like bill and basically doesn't really say much he can do what he wants.

This is fucking bullshit though if he plans on sticking around. It was wrong for Hillary to do it prior to her run and it is wrong if Obama tries to influence the party in any meaningful way whilst talking that sort of special interest kickback.
 
In the eternal words of Beyoncé...

tumblr_inline_oftgcfAhCM1qk19yk_540.gif
I don't think I've ever looked at a current event and thought to myself "boy I wonder what Beyonce has to say" lol
 

faisal233

Member
Is everybody missing the point in this thread except the one guy?

Obama is TAKING their money, how is he suddenly their best friend and not tough on wall street?

He is literally funneling money away from wall street and into his charitable foundations...

He is obviously taking their money as a quid pro quo and going to sign a bunch of wall st friendly EOs any minute now...
 

Maxinas

Member
Man do i wish i was a prodigious public speaker. People would be eating shit up, and i'd be rolling in the money.
 
Cool. Just the kind of leadership the Democratic party needs. Obama is getting that Wall Street money, Clinton is walking a dog through the woods and reflecting on her legacy, and Bernie is stanning for the pro-life crowd. Can't wait for 2018.

Clinton and Obama have nothing to do with politics anymore.
 

kirblar

Member
Would people rather he stay in Chicago and make phat beats a la Dubya painting flowers? The Pres did his time.

Fucks sake, he can't win. Detractors will never be satisfied and a million hoops will be thrown up so people can say he's done absolute jack.
Dubya did this exact same stuff w/ speaking gigs. He even got in trouble for charging a vet's group for a speech! (tbf, that was probably his agent and he didn't know.)
 

B-Dubs

No Scrubs
Isn't in public office and won't be running for one again. I mean preferably he'd wait a few years but not a huge issue ultimately beyond poor optics of getting paid a shit ton by a sector you were involved in legislating recently.

And it's only bad optics because people made such a big deal of it during the 2016 campaign. It wouldn't even have been worth a headline let alone a whole news story had it not been for this very thing being used as a weapon against a candidate in 2016.

Man do i wish i was a prodigious public speaker. People would be eating shit up, and i'd be rolling in the money.

This is the political equivalent of an appearance fee. He could get drunk and hype Kendrick's new album for all they really care.
 

Oblivion

Fetishing muscular manly men in skintight hosery
I don't see the issue here.

I mean...okay, yes I do, but if Obama continues to support the idea of regulating Wall Street, and these clowns want to waste their money on him, it's a win-win.
 

Matt

Member
Would depend on what you want to do after your presidency and how credible you want to be. This isn't what the Demoratic party needed.
This is generally what ex-Presidents do. Actually the most value he has to the party now (and this will probably continue to be the case) is as a tool for fundraising.
 
Fuck this purity bullshit. Berniestan need to seriously stahp it. Ex-Presidents and other high profile people do this all the time. It was only a big deal because Hillary did it too and it was easy to attack her on it. Now it is creeping in on Obama too because of the shit-stirring that won't stop.
 

commedieu

Banned
all I have to do is become president to get 400k to talk? Why didn't anyone tell me it was that easy?


Fast-forward to 2015, and McConaughey is doing better than merely "alright" in terms of his earning potential for a given day. After hounding the University of Houston to release the terms of the actor's commencement appearance, the Houston Chronicle reported that McConaughey's fee was $135,000 plus travel and expenses—money that McConaughey said he was giving to charity.

135k for Matthew Mcconaughey in 2015.
 
What if he speaks to them about income inequality?

What if he takes their money and invests it in his community outreach and social work charity?

Do you think Wall Street would give an iota of a shit about income equality even if Jesus Christ himself preached about it to them?

I assume it is going to charity which is good, but I also can't imagine Barry is hurting for money in that regard either.
 

C4Lukins

Junior Member
Yeah my step dad made a big thing out of this today, claiming none of the big 3 "liberal" newspapers reported it. I think it was LA Times, Washington Post , and New York Times. Not that I really think it is a big story, but yeah there is something to the idea that this is a bit hypocritical. Unless of course he takes the money while making a condemning speech about the practices of the people he is speaking to.
 
The conference he's speaking for is a healthcare industry conference and he passed the most progressive healthcare legislation in American history. He's probably going to use the speech to help shore up support for the ACA among the donor class.

Like seriously, the guy works his ass off his entire life, becomes POTUS and suffers 8 years of largely racially based animus from mouth-breathing bumpkins and now suddenly he's an example of everything that's wrong with American politics?

Fuck off. Some of you guys are seriously out there.
 

Doc Holliday

SPOILER: Columbus finds America
Take with a huge grain of salt, BBC article is referencing a New York Post story.

And If true, who cares? He hired Tim Geithner and Larry summers straight off the bat. Obama was never an economist populist, he was a pragmatist.
 

HariKari

Member
This is generally what ex-Presidents do. Actually the most value he has to the party now (and this will probably continue to be the case) is as a tool for fundraising.

I'm well aware. Obama made it seem like he was going to hang around and be a strong counterpoint to Trump, and work on some issues he cares about like gerrymandering. Taking money from Wall Street undercuts that.
 

Siegcram

Member
Taking 400,000 for a speech? It is the epitome of greed. Doing so as a former president that campaigned on income inequality, it is unfathomable.
I don't think you know what "greed" means.

And Obama deserves a lot more than 400,000 for what he did for your ungrateful country.
 

Deepwater

Member
Initially I didn't understand the backlash to this, but after reading some opinions I can understand why SOME people are a bit miffed.

Obama has always been a middle of the road, corporate dem. I think a lot of people are expecting him to be bernie levels of anti-capitalist which is foolish cause he never gave you reason to believe that would ever be the case.

I think Obama can do whatever the hell he wants, and I do not prescribe to the habit of checking for other people's pockets. However, I think given how he handled the bailout of wallstreet, him cozying up to them after his presidency has the optics of kickbacks and ROI.

To be honest, I wish we would just let Obama ride off into the sunset, and leave him alone.
 

guek

Banned
What's that, sell your time to the highest bidder even if said bidder was someone you criticised when you served as leader of the free world and leader of the democrats?

Sure you make paper, but it compounds the credibility of the higher levels of the democratic party. If they claim to be for the working class man but always ready to do wall street speeches in ya free time.

He making 20 mil on his book, how much money he need at the expense of depressing the party?

Another real danger is that it gives Putin and Russia sympathizers more ammo. We know Putin pushes a hard "America is no better than us" angle.
 

Chumley

Banned
There isn't anything wrong with it if he isn't running for any office again. Or heavily involved in party politics and pushing or trying to influence the parties agenda or who they run with. If he isn't, he won't really be in much of a position for a "quid pro quo" and it really is just a speech he's getting paid for.

Basically if he is like bill and basically doesn't really say much he can do what he wants.

This is fucking bullshit though if he plans on sticking around. It was wrong for Hillary to do it prior to her run and it is wrong if Obama tries to influence the party in any meaningful way whilst talking that sort of special interest kickback.

This.

If he intends to be a major part of the party it's indefensible to do this after all the shit this kind of thing stirred up in 2016.
 

riotous

Banned
Do you think Wall Street would give an iota of a shit about income equality even if Jesus Christ himself preached about it to them?

I assume it is going to charity which is good, but I also can't imagine Barry is hurting for money in that regard either.

Why does this matter? You think him speaking is going to change nothing.. except take money out of the hands of Wall Street and into the hands of a charitable activist. Sounds terrible.
 

Nephtis

Member
eh, Obama doesn't, and shouldn't, give a shit about what people think of him now.

He gave it his best and had a shit ton of people going up against him every step of the way. And the moment he was out, a lot of the things that he felt proud of were being stripped away by someone that thrives in being petty.

So, fuck 'em. Mr. Obama, you've earned it. Go make bank and take it easy. Fuck the haters.
 

xxracerxx

Don't worry, I'll vouch for them.
The 44th president has accepted an offer to speak at a healthcare conference hosted by Cantor Fitzgerald in September, US media report.

He is speaking about healthcare, one of the things he fought hard for.
 

Lach

Member
What if he takes 400k from them to spend an hour lecturing them on how they are the worst thing happening to america?

But yeah it's not a good look for him.
 

Hazmat

Member
This insistence that some people have that Obama is forever lashed to the wheel of doing nothing but advancing their own political agenda or he's garbage is predictable and boring. He did a lot and now he's done. He'll never sign a piece of legislation again. He's one of the most famous and respected people on earth, let him get paid.
 

Matt

Member
I'm well aware. Obama made it seem like he was going to hang around and be a strong counterpoint to Trump, and work on some issues he cares about like gerrymandering. Taking money from Wall Street undercuts that.
Eh, I understand that position, but continuing to build connections he can fundraise off of is actually a reasonable tactic for fighting the current administration and working on his own pet projects.
 
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