It seems the Obama hypocrisy truly knows no bounds. Obama spent eight long years lecturing Americans about how they have to give back, about there is simply a point when you as an American have “made enough.” Put simply, a free people work for themselves, not for the government. Obama seems to have a problem understanding that.
“We’re not, we’re not trying to push financial reform because we begrudge success that’s fairly earned. I mean, I do think at a certain point you’ve made enough money. But, you know, part of the American way is, you know, you can just keep on making it if you’re providing a good product or providing good service. We don’t want people to stop, ah, fulfilling the core responsibilities of the financial system to help grow our economy.”
Yet Obama spent his entire presidency slamming Wall Street ‘Fat Cats’ and even more recently railing against money in politics during his first major post-presidency speech in Chicago. Yet he has no problem receiving a $400,000 payout from the same Wall Street ‘Fat Cats’ he slammed.
What is even more interesting to note is that just last year, Obama vetoed a bill that would have cut the pensions for former presidents who earn an income of $400,000 or more. Now that Obama is doing speaking gigs at $400K a pop, lawmakers are looking to reintroduce the bill. Perhaps America has decided the time has come that Obama has made enough?
Obama will speak to a Wall Street conference hosted by Cantor Fitzgerald, LP later in the year for a fee of $400k twice the speaking fee of his former Secretary of State Hillary Clinton.
The 44th President is correct. The ‘majority of Americans’ don’t understand politicians that complain about ‘money in politics’ and then ask for $400,000 to deliver a speech, then tells them when THEY have made enough money while he expects to live like royalty at their continued expense.
“The Obama hypocrisy on this issue is revealing,” said Rep. Jason Chaffetz, R-Utah, chairman of the House Oversight and Government Reform Committee and sponsor of the 2016 bill. “His veto was very self-serving.”