Barack Obama’s Spokesperson Defends $400,000 Wall Street-Sponsored Speech

From Yahoo: Barack Obama’s spokesperson Eric Schultz defended the former president’s $400,000 speaking fee for an upcoming speech at a conference sponsored by a Wall Street investment bank.

“With regard to this or any speech involving Wall Street sponsors, I’d just point out that in 2008, Barack Obama raised more money from Wall Street than any candidate in history — and still went on to successfully pass and implement the toughest reforms on Wall Street since FDR,” Schultz said in a statement.

Reports that Obama would earn $400,000 for the speech drew criticism this week, as people argued that accepting money from Wall Street firms would go against his beliefs. Obama’s post-presidential career will include a number of speeches and a two-book deal with Penguin Random House for $60 million.

“While he’ll continue to give speeches from time to time, he’ll spend most of his time writing his book and, as he said in Chicago this week, focusing his post-presidency work on training and elevating a new generation of political leaders in America,” Schultz said.

See original article on Fortune.com

DCG

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20 responses to “Barack Obama’s Spokesperson Defends $400,000 Wall Street-Sponsored Speech

  1. Hussein Obama is going to train and elevate a new generation of political leaders? Surely you jest. If Americans actually believe that kind of bull shit they deserve to go down the drain.

    Liked by 2 people

  2. Reblogged this on necltr and commented:

    Book deals, part of delayed payment?

    Liked by 2 people

  3. BHO and other “community activists” are working for UN/NWO would- be despots to take the evils in humanity and drive out any goodness to be found. That new strain will never take place, the product cloned through ungodly efforts will self-destruct and humanity will be rescued by God.

    Liked by 2 people

    • marblenecltr . . . Thank God you have stated what we all know to be true. It now behooves all the followers of Christ to remember to have peace in our hearts, be not afraid and wait for the day when . . . “ungodly efforts will self-destruct and humanity will be rescued by God.” Thank you for pointing out the obvious.

      Liked by 1 person

  4. Kevin J Lankford

    obama has never been any thing but a fraud created out of pure lies. Only an ignorant fool would listen to any thing he had to say now. Paying to listen to him is just plain unimaginable.

    Liked by 2 people

    • Anyone who seriously listens to BHO,by natural progression,will inherit the very same lack of credibility as their “mentor” has,which is 0.00000%.

      Liked by 1 person

  5. Tall and tan young and lovely (to the tune of the girl from Ipanema ) the boy from Washington DC with his pockets full of tax payers money…..takes a lot of gall from Mr. Schultz to defend this sack of lying egocentric man make $400,000. talking shit. Where did the OBAMACARE money go?…….and each time that he walks to the sea, falalala…….

    Liked by 2 people

  6. Obama and his cronies spent “*” Eight years blaming Wall Street for the financial woes of the United States and then Wall Street pays him $400,000 dollars for a speech. NO wonder our economy sucks. That is as STUPID as hiring the fox to advise you on how to protect your hen house!

    Liked by 2 people

  7. Hey, he did his part already, now’s time to get paid…

    Liked by 2 people

  8. The BS is strong in the Obama.

    Liked by 2 people

  9. Guess he’s not to that ‘enough’ point yet. If he was then he’d speak for free. Or donate the proceeds to charity. Of course now that michael in not in the spotlight he’ll probably blow up like oprah and need a new wardrobe.

    Liked by 1 person

  10. I believe Obama’s speaking at Cantor Fitzgerald, making it prima facia evidence suggesting graft inasmuch as it amounts to an emolument or possibly extortion paid by a de facto government contractor, presumably for past or future services. CF is one of the so-called primary dealers that “tricks a profit” (to use Spengler’s expression) off every last dollar of US Treasury debt issued, and I believe they were among the defendants, along with Goldman Sachs, slapped down by the DOJ under Lynch for too openly and greedily rigging the Treasury auctions. Try and unravel this one.

    Liked by 1 person

  11. Obama loves to speak and for $400,000 he will speak gibberish on any platform…..

    Liked by 1 person

  12. Proving yet again that Ogooma the Kenyan witch doctor is a lying, hypocritical fraud – as are his supporters.

    Liked by 1 person

  13. Obama secures $800,000 for two speaking engagements

    https://www.rt.com/usa/386513-obama-scoops-up-800k-appearances/

    Liked by 1 person

  14. Man with double standard speaks with forked tongue.

    Liked by 1 person

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