DC Trawler

Why Would You Pay Obama $400K For A Speech?

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Barack Obama once said, “I do think, at a certain point, you’ve made enough money.” However, he never specified at which point he will have made enough money. Clearly, in 2017 we’re nowhere near that point.

Chuck Ross reports:

Barack Obama will earn the equivalent of his annual presidential salary to speak at a Wall Street lunch conference later this year.

Fox Business Network reports that Obama will earn $400,000 to speak at a healthcare conference for investment banking firm Cantor Fitzgerald in September.

Four hundred grand. For one speech. Take that, Hillary!

What are these guys getting for their money, though? I understand why so many people threw so much money at the Clintons for “speeches.” They thought Hillary was going to be the next president, and they wanted to buy influence while she was in a position to peddle it. But Barry is already done. He’s out of office. He’s gone as far as you can go in American politics, while leaving the Democratic Party in shambles behind him. What’s his value to any of them in 2017?

He’s not even gonna sing or dance or juggle or anything? Just drone on and on and on? That’s worth $400,000 a pop?

Well, it’s their money. They can waste it any way they like. For the first time in over eight years, they actually have a choice in whether to pay that guy to talk.