OBAMA LEFT OFFICE HAVING TRANSFERRED THE GREATEST AMOUNT OF AMERICA, A COUNTRY HE HATED, TO THE SUPER RICH.
OBAMA'S CRONY BANKSTER THAT CAUSED ECONOMIC MELTDOWN IN 2008 MADE STAGGERING PROFITS THE LAST QUARTER OF OBAMA'S TERM.
How greedy will the Obamas be, once they are free to start making deals with speakers’ bureaus, book publishers, television broadcasters, movie producers, boards of directors, and other providers of part time and episodic employment of the most...
AND THE BACK-END BRIBES KEPT ROLLING IN AND IN AND IN!
January 18, 2017
The Obamas’ post-presidency money machine
How greedy will the Obamas be, once they are free to start making deals with speakers’ bureaus, book publishers, television broadcasters, movie producers, boards of directors, and other providers of part time and episodic employment of the most lucrative sort?
Most unfortunately for the plucky couple, the last Democrats to leave the White House gave a bad name to the shameless pursuit of wealth from megarich interests. So a man in his early fifties vitally concerned over his historical legacy might want to think twice about cashing in. But the Obamas have demonstrated a love of luxury, perhaps the product of childhood, adolescent and young adult frustrations over status deprivation. Many leftists I have known have been deeply envious of the wealth accumulated by entrepreneurs, in particular, which they see as greedy, mostly uneducated, and certainly unworthy of lording it over themselves, and enjoying financial security while they struggled.
Ed Lasky compiled a list of evidence of the Obamas’ love of luxury that is quite entertaining:
Obama is a gourmand. He even commented on the price of arugula.
He was a regular diner at Spiaggia, which is very expensive. Heflew in his chef from St. Louis to make pizza for him
Remember his Broadway night out after his election and how it damaged many people’s night out?
How many nights of “music” (if you count rap as such) in the East Room did he enjoy? There were so many it was hard to keep count.
Check out the “grim milestones” (The NYT’s favorite phrase for events it doesn’t like) at The Obama Golf Counter.
How about these photos of the Halloween Party for his two daughters and their friends form their private elitist schools? TheAlice in Wonderland theme party during the recession -- they tried to hide these photos and this party from the public.
The Martha’s Vineyard and Hawaiian estate trips. Not unusual for Democratic Presidents (Martha’s Vineyard is safe liberal space for them). But Bush and Reagan went back to their ranches
At least Obama, thankfully, almost never came back to Chicago in 8 years.
So I think the Obamas will live large and need to comport themselves as the megarich do. They already will be maintaining 3 houses, in DC, the Palm Springs area, and their mansion in Chicago (though that might be sold for a pretty penny eventually.
Probably the first big money will be publishers’ advances for books from each of them. Then I could see one or both signing TV contracts or doing specials for serious money. While he was president, Obama made a media event of his NCAA brackets in arch. How much would a two-hour special be worth to ESPN with ex-president Obama revealing his brackets, and discussing the prospects with sports mavens?
Speaking fees will be a regular source of income, too.
Neither one of them will lack for anything, ever again in their lives. I suspect they will be living large and justifying it as an inspiring story for African Americans.
Lauri Regan offers this insight:
I think they’ll be very greedy but he cares more about community organizing in order to maintain his legacy and destroy trump’s while working to bring Dems back to power. He also has to fundraise for his library.
I think the Obamas will manage to make their wealth accumulation a matter of virtue-signaling, doing it as representatives of the victim classes of America and combining their personal wealth accumulation with fundraising for their pet charities.
It will work for their target audience, lefties and minorities.
OBAMA: AMERICA'S WRECKING BALL
OBAMA: AMERICA'S WRECKING BALL
Obama accused of wrecking Trump's transition: A leading House Republican charges that President Obama is implementing a scorched earth exit strategy aimed at undermining President-elect Trump first months while cementing his own legacy through a frenzy of midnight regulations. California Rep. Darrell Issa also hit Obama's post-campaign effort to blame Russia for the outcome of the election, which has sparked some Democrats to suggest that the results are illegitimate. President Obama is not going softly into the night. He very clearly wants to leave what some call scorched earth, or at least troubled waters, said Issa on this weekend's Full Measure with Sharyl Attkisson. The show, titled Exit Strategy, focuses on Obama's last minute moves, including the wave of regulations being flushed through the a government. Issa also focused on Obama's retaliation against Russia for hacking the Democratic National Committee and even his opening of gates of the terrorist prison camp at Cuba's Guantanamo Bay base.
CRONY BANKSTER LOOTING OF AMERICA
THEIR GOLDEN AGE OF PLUNDER IS NOT OVER!
NO PRESIDENT IN HISTORY SUCKED IN MORE BRIBES FROM BANKSTERS NOR
INFESTED HIS ADMIN WITH BANKSTER CRONIES MORE THAN OBAMA!
And while the Obama administration worked systematically
to bail out the banks and make the financial oligarchy richer
than ever, shielding the architects of the Great Recession from
criminal prosecution, it did impose fines for some of the
banks’ grossest swindles, including the sale of worthless
subprime mortgage-backed securities, the rigging of key
global interest rates such as the London Interbank Offered
Rate (Libor), drug money laundering, illegal home
foreclosures and other illicit activities.