The American financial and bankster oligarchy, steeped in criminality and parasitism, can produce only a government of war, social reaction and repression. In its blind avarice, it is creating the conditions for unprecedented social upheavals. It is hurtling toward its own revolutionary demise at the hands of the working class.
Wednesday, April 26, 2017
The "Hope & Change" Psychopath Huckster from Chicago Starts Sucking Up His Bribes For Services Rendered to the Super Rich
Street to cut Obama his first six-figure check
26 April 2017
Fox Business Network reported Monday that Barack Obama has
accepted his first post-White House speaking engagement on Wall Street, for
which he will be paid $400,000. The former president will serve as the keynote
speaker at a lunch hosted by financial services firm Cantor Fitzgerald as part
of the company’s annual healthcare conference. The event will take place in
September in New York.
While a spokesperson for Cantor Fitzgerald refused to
comment on the report, Fox Business said that “senior people” at the firm had
confirmed Obama’s acceptance of the invitation to speak at the event. Calls to
Obama’s spokesman by Fox Business were not returned.
The billion-dollar investment firm is likely seen as a
safe first choice by Obama, as it is known for its annual fundraising event,
which has benefited a host of charities. Cantor Fitzgerald has also established
a multi-million-dollar disaster relief fund, including for the families of
hundreds of employees of the firm who were killed in the 9/11 attack on the World
The payment from Cantor Fitzgerald is certain to be only
the first among many to come from financial moguls who benefited from Obama’s
years in office. The former president oversaw the bailout of the Wall Street
firms responsible for the collapse of the economy in 2008, while implementing
harsh austerity measures, including cuts to food stamps, pensions and
unemployment benefits, as well as a 50 percent cut in pay for all new hires as
part of the forced bankruptcy of General Motors and Chrysler. Under Obama, the
Federal Reserve pumped trillions of dollars of virtually free cash into the
financial markets, more than tripling the value of the Dow.
Speaking fees from Wall Street firms, large corporations
and universities have become an important source of income for former
presidents and their family members. Obama and former first lady Michelle Obama
stand to make tens of millions of dollars in honorariums. Bill and Hillary
Clinton grossed a combined $139 million between 2007 and 2015, mostly from
The $400,000 Obama will earn for the Cantor Fitzgerald
event is well about the average speaking fee paid to former President Bill
Clinton ($283,000) and that given to former Secretary of State Hillary Clinton
The news of Obama’s entry into the lucrative business of
speaking to millionaires and billionaires broke the same day the former
president made his first public appearance since leaving the White House,
speaking to students at the University of Chicago and encouraging them to join
civic organizations such as the Rotary Club if they were interested in
“changing the world.”
The former president has lost no time cashing in and
making his climb up the financial ladder, graduating from the ranks of the very
wealthy to even more rarefied heights.
The news of Obama’s bounty from Cantor Fitzgerald, whose
multi-millionaire chairman, Howard Lutnick, backed Jeb Bush in the 2016
election, follows a three-month vacation that involved island hopping in the
Caribbean and South Pacific and kite surfing and yachting with billionaires.
Obama and his wife were photographed in Tahiti earlier this month cavorting
with Oprah, Bruce Springsteen and Tom Hanks on the mega-yacht belonging to
Prior to that, the Obamas landed book deals with Penguin
Random House totaling a combined $65 million.
THE OBAMA COUP TO BE DICTATOR:
THE ARMY OF ILLEGALS TO BRING
AMERICA DOWN AND FORM THE OBAMA MUSLIM-STYLE DICTATORSHIP THAT WILL BE OPEN
BORDERS AND PRO LA RAZA FASCIST SUPREMACY.
Daniel Greenfield, the award-winning Shillman
Journalism Fellow at the Freedom Center, believes (OBAMA'S POLITICAL PARTY)
“OFA will be far more dangerous in the wild than the Clinton Foundation ever
Obama and his henchmen would not have been emboldened in their ostensible
machinations to undermine an election and then a presidency if it were
not for the fecklessness of the Republican Party and the blind eye as
well as the
tacit support of the mainstream media.”
THE LEGACY OF
BARACK OBAMA: Final Death of the American White Middle Class
Obama administration, more Americans have found themselves consigned to
economic ghettos, living in neighborhoods where more than 40 percent subsist
below the poverty level.
Millions more now live in “high poverty” districts
of 20-40 percent poverty, according to recently released report by the
THE OBAMA BOOK DEAL: Sixty-five million dollars—or even $267.5
million—is a small price to pay for the contribution the former president made
to enriching the already fabulously rich, defending the American ruling elite’s
geopolitical interests around the world and continuing the assault on the
wages, benefits and living standards of the working class.
THE REAL OBAMA LEGACY
HOMELESS ELDERLY in AMERICA UNDER
A Nation dies young, poor, addicted
and homeless…. It’s the American dream as the rich get super rich!