Barack Obama is in big trouble.
His scandal-plagued Presidency has morphed into a scandal-plagued post-Presidency.
Now his latest scheme landed him neck deep in hot water.
Barack Obama is following the Clinton’s get rich quick scheme.
After they left the White House is 2001, Bill and Hillary built a fortune giving paid speeches – many of which were delivered to Wall Street banks in exchange for big fat speaking fees.
Now it’s Obama’s turn to cash in.
He’s delivering paid speeches to Wall Street and raking in a cool $1.2 million.
The Independent reports:
“Former President Barack is reportedly set to be paid $1.2m for a series of speeches to major Wall Street firms, less than a year after he left the White House.
Earlier this year, Mr Obama attracted criticism from several Democratic senators when it was revealed he was to speak at a September conference organised by financial services company Cantor Fitzgerald.
Now, it has been reported that in addition to the speech he is due to give next week, the former president has already been paid $800,000 for two speeches he delivered to Wall Street firms – Northern Trust Corp, which he spoke to last month, and an address last week to the Carlyle Group.”
Obama sucking up Wall Street millions has enraged the left.
World: "After Clinton/Goldman speech debacle, Dem leaders can't make themselves look any more chummy with Wall St"
Obama: "Hold my beer" pic.twitter.com/DLrj5QYQUA
— David Sirota (@davidsirota) September 18, 2017
Obama’s speeches create political problem for the Democrats.
He and Clinton have both skipped out of the White House and off to Wall Street to soak in the big bucks.
It creates a situation where the Democrats are branded as the party where you run for the Presidency as a pit stop to the Wall Street speaking circuit.
In a time of rising populism and nationalism, Obama is chaining the Democrats to the mantle of elitism.