Obama Goes Full Clinton Foundation With Series Of $400,000 Wall Street Speeches

Discussion in 'Politics' started by Tsing Tao, Sep 18, 2017.

  1. Sig

    Sig

    Actually I'm engaging in a rational, calm conversation. You?

    The problem here is this reflexive jumping on a bandwagon without actually understanding what the underlying issues are. Some intelligent people did some thinking and realized that a public employee could, for example, grant some favors for a company while in office and then be viewed more favorably for a job when they left. That's the underlying "revolving door" issue. I don't think any rational people believe that President Obama implemented a policy while in office to get him a market rate speaking gig. If you can demonstrate an understanding of the "revolving door" issue beyond posting a link to an article, then tie a specific policy that Obama implemented in order get a specific speaking gig, then you have ideas worth discussing. If not you're just parroting what you've heard without really understanding it.
     
    #21     Sep 19, 2017
    Tony Stark likes this.
  2. Sig

    Sig

    Not sure I understand your point? Is your point that investment bankers paying the $500,000 market rate for a Clinton speech is more liable to influence her behavior in office than a group of those same investment bankers, for example, that contributes $100M to a PAC that supported Clinton? If so, the we simply disagree. If not, great, we're on the same page!
     
    #22     Sep 19, 2017
  3. gwb-trading

    gwb-trading

    Just so folks understand the reality... when worked for a major technology corporation we had to pay the following to have Bill Clinton speak - several hundred thousand dollars to Bill, one million to the Clinton Foundation, and several million to Democratic PACs. Trust me Hillary, Obama, and others have all the angles covered when they give a speech.
     
    #23     Sep 19, 2017
  4. Sig

    Sig

    You've got a copy of that contract? What was your role there exactly, and what was the company? In case you can't tell, I'm calling bullshit on you. We can all make things up or post what we heard from someone who heard from the CEO's admin assistant behind an anonymous account on the internet. Not a lot of credibility attached to that my friend.
     
    #24     Sep 19, 2017
    exGOPer likes this.
  5. fhl

    fhl


    He was the boss of the country's top regulators (like of banks for instance) and now he's getting big bucks from the people that were regulated. Seeing as how the banks made out remarkably well under his regulatory schemes, it's not surprising that the banks are some of his biggest 'clients'. I have no doubt that the health insurance industry will be one of obama's future speaking engagements.
    It's like revolving door on steriods.
     
    #25     Sep 19, 2017
  6. fhl

    fhl

  7. Sig

    Sig

    This is funny. The guys who says to me "You're off in nutsville." claims that the President who was behind/fully supported Dodd-Frank, the CFPB, and a whole litany of regulation that the banks hated is somehow being paid off by them because he helped them out so much! There was nonstop screaming the entire time he was in office that he was a communist/socialist/fascist who was tearing the very fabric of capitalism, and now he was a huge friend to the banks? Wow. Clearly you're not able to engage in a rational conversation or have severe impairment to your short term memory, so I'll let you continue your rant into the ether.
     
    #27     Sep 19, 2017
    Cuddles likes this.
  8. fhl

    fhl


    GS ran the place under Obama. Wake up.

    WAIT! Are Banks Way More Profitable Under Obama Than They Were ...
    www.businessinsider.com/bank-profitability-under-obama-and-bush-2011-11
    Nov 6, 2011 - They've made more profit in the first 21 / 2 years of the Obama administration than theydid during the entire Bush administration, industry data ...
     
    #28     Sep 19, 2017
  9. Tsing Tao

    Tsing Tao

    I use the word "racist" because you guys always use it. I figure it saves time to bring it up and get it out of the way from the start and call everyone racist, since you're probably going to do it anyway.
     
    #29     Sep 19, 2017
  10. Tsing Tao

    Tsing Tao

    I think it's more the guy who pretended to be for the people going to make money from the group that has spent it's entire existence taking from said people. I don't have a problem personally with Obama making money off Wall Street speeches. I knew all along that was the type of guy we had as a President.
     
    #30     Sep 19, 2017