• Hey Guest. Check out your NeoGAF Wrapped 2025 results here!

Pres Obama now doing $400k speeches for Wall Street

Status
Not open for further replies.
Ah geez, now I'm embarrassed.

Sorry about that, it's honestly really hard to tell these days.

Oh shit.


What if all the posts are sarcasm.


d96OhqNK3CEww.gif
 
Fuck them both. The article even notes he's about to get a crazy payday for books by him and Michelle. He didn't need to hand over this ammo.

It's only ammo for people who will look for any little thing to criticise him. Those books will also be 'ammo' too, do you think they shouldn't write them?
 
Maybe it's about what he does with the money. Wall Street isn't even full of evil people...

Many people have already said even if he keeps every dime for himself he's still justified to do it and everyone who has a problem with it should shut up, are why Trump won, etc.
 
Man, Bernie has created practically a cult. And Wall Street is the devil. The whole Wall Street, no matter that there are thousands of people working there and most of them are not evil. Burn them all. Never talk to any of them.
 
Someone help me out on this

Wall Street paying fat stacks to Obama to speak to them -> Wall Street gets richer? You all do know the direction the money is going, right? You all do realize Obama is not in office and can't change any policy based on his speeches, right?


bankroll politician's campaign -> politician makes sure you don't get regulated, prosecuted and always votes/shapes legislation in your best interests -> after politician leaves office, reward politician with paid speeches.

¯\_(ツ)_/¯ not that complicated.
 
It's only ammo for people who will look for any little thing to criticise him. Those books will also be 'ammo' too, do you think they shouldn't write them?

Books?!?! Say it ain't so!

Neither Bernie

nor Warren

have written books!!

bankroll politician's campaign -> politician makes sure you don't get regulated, prosecuted and always votes/shapes legislation in your best interest -> after politician leaves office, reward politician with paid speeches.

¯\_(ツ)_/¯ not that complicated.

Ah yes, the myth that Obama let Wall Street run completely unregulated, how could I have possibly forgotten that thing that totally didn't happen? Silly me ¯\_(ツ)_/¯
 
Many people have already said even if he keeps every dime for himself he's still justified to do it and everyone who has a problem with it should shut up, are why Trump won, etc.

Well, I mean they should shut up.

They're only why Trump won if they either bought his fake as hell populism or wrote in a certain other populist. Or voted for Jill Stein, I guess.
 
Yes, taking money from Wall Street for speeches only helps them get richer

This also cancels out everything he's done


rabblerabblerabble
Well...it's still pretty hypocritical. Doesn't cancel out shit, it's just a bit disappointing. Hopefully he donates the majority of the funds to a good charity.
 
bankroll politician's campaign -> politician makes sure you don't get regulated, prosecuted and always votes/shapes legislation in your best interests -> after politician leaves office, reward politician with paid speeches.

¯\_(ツ)_/¯ not that complicated.

Also not what has happened.

It's a health care conference sponsored by a Wall Street bank. If Obama was in the pocket of Big Pharma the ACA was not the deal they paid for.
 
Because Apple, Google and other tech companies, with their massive tax avoidance, exploitation of labor in 3rd world countries and general scumbaggery are so much better that evil Wall St.

Yeah but they have a better PR department and don't have a certain popular politician making them more hated than racists and bigots.
 
This isn't surprising. On the one hand if he is going to be doing speeches to these guys he should charge them a bunch, since they are the people with the money. On the other hand, I don't agree at all that somebody should be paid that kind of money for what is likely to be a generic speech...If they were actually getting what they paid for in these things, it would cross the line into cash for contacts/influence...Which I don't think this necessarily is in a specific sense.

Still, Obama wasn't really strong against the malpractices of Wall Street, so yeah this isn't surprising.

Also those saying he has go to pay the bills...He already has enough money to start him on his way, and he has got very good communication skills, which he can put into use to get an actual job. He has also got amazing networks. He doesn't actually need to do this for the money, unless his ambition is to be rich like Blair or Clinton.
 
Who gives a shit, he isn't president anymore and deserves to make some money off what he's been doing for the last 8 years.
 
Obama owes no one a god damn thing. He's a private citizen, not looking to curry votes from a terribly fickle constituency. I'm happy for the man.
 
This isn't surprising. On the one hand if he is going to be doing speeches to these guys he should charge them a bunch, since they are the people with the money. On the other hand, I don't agree at all that somebody should be paid that kind of money for what is likely to be a generic speech...If they were actually getting what they paid for in these things, it would cross the line into cash for contacts/influence...Which I don't think this necessarily is in a specific sense.

Still, Obama wasn't really strong against the malpractices of Wall Street, so yeah this isn't surprising.

Also those saying he has go to pay the bills...He already has enough money to start him on his way, and he has got very good communication skills, which he can put into use to get an actual job. He has also got amazing networks. He doesn't actually need to do this for the money, unless his ambition is to be rich like Blair or Clinton.

I wasn't aware Obama was not allowed to make beyond a specific amount. Is this $400,00 OK or has he gone over your arbitrary income line? If not, why is it a problem now exactly? If so, what is said income limit and how did you even arrive at those figures?
 
Americans didn't wanna help his legacy and only appreciated it when Trump started shitting on it. Make that money. He can't run for office anymore.
 
This "purity test" narrative is something that I'd expect from bitter Clinton supporters. It's been used to disregard any opposing view - valid or not - without anyone having a made convincing case that the dissent amongst progressives is unreasonable.
So purity tests are good after all? Excellent. Then I hope the Democratic party gets right back to telling anyone who thinks women shouldn't have the right to choose to have an abortion if that's their decision to fuck the hell off, considering how big of an impact being denied that right can have on the physical, emotional, and economic well-being of women across the country, even if that might mean losing some elections here and there since it's the right thing to do regardless. Same of course goes for laws and institutions that cause or result in homophobia, sexism, institutional racism etc. Glad to have you on board.

Or does this stance only extends to the things you're personally most passionate about and otherwise willing to compromise for the sake of winning, when it's something others may be passionate about but not you?

Just want to make sure we're clear on this, because personally I have no problem with so-called purity tests because some things definitely shouldn't be compromised, because it's extremely wrong to do so! That's a good thing in my view because we definitely shouldn't get in the business of selling out people's rights even when it might be convenient to do so or stop talking about this or that, especially since historically that doesn't work out that we'll! But if we go down that road, you have to be comfortable with the fact that you're opening Pandora's box at that point and don't get to close it again if that proves inconvenient. You've got to go in full-hog and accept the concerns of others as well and don't dismiss them with the same language you're criticizing here.

It's both or neither. Personally, I don't care much which you choose. But whichever one you do, be consistent with it because that's the type of thing that really sets me off. One set of rules one time, then changing them when it's not so fun anymore. Nope, one or the other.

That and on top of this, plenty of people have made legitimate critiques that don't even bring up the subject at all! And even among those that did, such as myself, we have in fact made a case for why this is silly nonsense outside of that as well. If you just choose to ignore that and pretend like that doesn't exist and choose to focus on some gotcha point instead of addressing all that like you said you were earlier in the thread... Well, that just says WAY more about you then it does me and just shows me I'm wasting my time if you aren't going to argue in good faith at all.

Seriously, "without anyone have made a convincing case"? Just get out of here with that noise. Talk about people disregarding stuff in bad faith, then go right ahead and do it yourself in the next breath. Cute.
 
Obama is at the end stage of money in politics. It's now time for him to reap the rewards for everything he did on behalf of corporate interest.

When does he open his foundation and start collecting checks from foreign governments?
 
So should we tell people now that both Warren and Sanders charge speaking fees or...
Yeah I would like to know, and who with actually.

I mean it's almost as if it's possible to not like certain behaviors of politicians you like, and find something they are doing to be problematic hoping they correct it
 
Again. That used to be how life worked.

We also used to have coal jobs. GUESS WHAT??!!

To expect a 55 year old to never engage in income-generating work ever again if he wants is ridiculous.

Why did JK Rowling have to write more than one Harry Potter book? She was already rich off the first.

Why does JJ Abrams continue to make movies when he's rich off of his current filmography?

Will you be absolutely outraged if Adele dares to release another album given her fortune?
 
It's almost like the problem isn't the money but rather who is paying him.

I wouldn't have an issue with Obama getting 400k to speak in front of the Afscme, the HRC, or a university, but for a major financial services firm, yeah he deserves criticism.
 
Y'all are mad at former President Obama for what again?

Getting paid?

This is the second thread some of y'all are complaining about what he's doing outside of office. I have a radical idea...

Let's take our frustrations out on the guy who is IN office?

No?

Whatever.
 
No wonder our socitiey is out of wack if some of you think 400K for a talk is "reasonable".
Be it Obama or not.

Most sensible thing for him to do is to give that money to charity, imo one can't preach about social equality and then proceed to take that kind of money for a days work without loosing his credibility.
 
Obama is at the end stage of money in politics. It's now time for him to reap the rewards for everything he did on behalf of corporate interest.

When does he open his foundation and start collecting checks from foreign governments?

Yeah man, I mean, all those regulations Trump threw out when he got elected were surely in the best interest of big business.
 
I am talking about hard ideologues. And this "sham", again, goes both ways. Both well educated, well off liberals who don't care much about economic exploitation and brocialists who don't care much about the suffering of the oppressed for who they are.

Well only in this case if you think politicians actually compromising on social issues is the same ting as a retired politician getting money for speaking....
 
Yeah I would like to know, and who with actually.

I mean it's almost as if it's possible to not like certain behaviors of politicians you like, and find something they are doing to be problematic hoping they correct it

Politicians charge speaking fees when they're not out fundraising. I truly and honestly hope this is not news to you.
 
No wonder our socitiey is out of wack if some of you think 400K for a talk is "reasonable".
Be it Obama or not.

Most sensible thing for him to do is to give that money to charity, imo one can't preach about social equality and then proceed to take that kind of money for a days work without loosing his credibility.

You don't fix income inequality by refusing money for your services. You fix it by proposing, championing, and implementing policies that change income distribution. President Obama -- or anyone -- getting paid what the current market supports is absolutely reasonable. It would be unreasonable to expect him to take anything less.
 
If you think this is 'greed' you need to invest in a dictionary, leave the safe bosom of your cradle and grow the fuck up.
does a dictionary include 'hypocrisy'?

You don't fix income inequality by refusing money for your services. You fix it by proposing, championing, and implementing policies that change income distribution. President Obama -- or anyone -- getting paid what the current market supports is absolutely reasonable. It would be unreasonable to expect him to take anything less.
"fuck what you stand for! MAKE MONEY!!"
 
It's almost like the problem isn't the money but rather who is paying him.
Then explain. Who is he receiving money from and how is receiving money from that source inherently bad. Especially since it's just a matter of who apparently and not whether it actually even has any strings attached or not it what's done with it or whatever. Who is the source and how is receiving money from that source inherently compromising regardless of any other factors involved?


Edit: You edited. Why is getting money from a financial firm inherently a bad thing? How is that inherently compromising, especially when he already has money and isn't even running for office? How would he compromised exactly? Why it would at all have sway over him when he's done and all they care about is him speaking so they can brag to their investors about how they got a President to speak for them and what big-shots that makes them?
 
does a dictionary include 'hypocrisy'?

Mine does! it says:

the practice of claiming to have moral standards or beliefs to which one's own behavior does not conform; pretense.

Hmm, did Obama ever say taking money from Wall Street was wrong? No.

Did he say the undue influence of moneyed interest in politics was wrong? Yes.

Is this an example of taking money from said interests in order to affect political outcomes? No.

Hey! Look at that.
 
get that paper, obama - you earned it
shame some of ya'll here really want him to be your negro though

Fuck them both. The article even notes he's about to get a crazy payday for books by him and Michelle. He didn't need to hand over this ammo.

this is where purity tests get you, knocking a man's hustle after he's put in his time
he doesn't owe the party or anyone shit, and he's not a gun

Good for him. He deserves to make bank after Middle America and the GOP decided to completely erase his legacy.

i keep hearing this, but petty executive orders & failed attempts to dissolve obamacare aside - i'd put money on him having a stronger legacy in the white house than trump
 
Politicians charge speaking fees when they're not out fundraising. I truly and honestly hope this is not news to you.
No it is not news. But I'd like to know how normalizing this sort of behavior in our current system has worked out for us so far. Nope nothing wrong has every resulted from the current dynamic of large financial corporations wining and dining influenctial politicians in various ways

Gee I wonder why there are climate deniers in congress. Is it because they are legitimately skeptical of the science or is it because they are paid or incentivized in various ways not to.
 
This comes after criticising Wall Street "fat cats" while so many American families were hurting largely due to their greed. In 2009, he told CBS: "I did not run for office to be helping out a bunch of fat cat bankers on Wall Street."



https://www.google.co.uk/amp/www.bbc.co.uk/news/amp/39710529

Hey, the way he got treated? I can't blame him for going "that's some good dough! Screw those racist bitches!".

I'd retract fully from politics as well, no TV, no Twitter and just read the news at my own pace, in my Mansion and during interviews just say "Donald Voter says:what?".

For crying out loud the man lampooned them with a video of the Lion King, only to agitate them more about this stupid piece of paper!

From now on and in this order:Family, Fun, Fortune.
 
No it is not news. But I'd like to know how normalizing this sort of behavior in our current system has worked out for us so far. Nope nothing wrong has every resulted from the current dynamic of large financial corporations wining and dining influenctial politicians in various ways

Gee I wonder why there are climate deniers in congress. Is it because they are legitimately skeptical of the science or is it because they are paid or incentivized in various ways not to.

How do you plan to fix this without winning elections?
 
Status
Not open for further replies.
Top Bottom