Barack Obama is planning on capitalizing on his experience as President by following the Clintons’ example. Reports have emerged of the former President being paid $400,000 for a single speech coming this September. It will be given at a healthcare conference organized and paid for by Wall Street firm Cantor Fitzgerald.
Upon hearing the news, Democrat Senator Elizabeth Warren said she was “troubled” by it.
According to the Associated Press,
“[Bernie] Sanders, a fierce Wall Street critic, told “CBS This Morning” he finds it unfortunate that Obama took on the engagement at a time when “people are frustrated with the power of Wall Street and big-money interests.”
OBAMA IS A POLITICIAN
Many people make the mistake of thinking that Barack Obama has some sort of higher ideals than other politicians, but let’s be clear – he’s a politician. He also has a history of being a record-setter when it comes to Wall Street campaign donations. In 2008 Obama’s campaign was funded to the tune of $17.3 million from the “Securities and Investments” category (aka Wall Street).
Wall Street donations aren’t unique to Obama. During the 2016 election, Hillary Clinton received overwhelming support from Wall Street, with numbers ranging from $7.23 million directly to her, to over $60 million including her Super-PACs.