Wall Street send message to politicians
Posted: Wed Apr 26, 2017 4:06 pm
You take care of us while you're in office, we'll take care of you when you get out of office.
Barack Obama’s $400,000 one hour speech to Wall Street sparks liberal blowback. “Obama’s $400,000 Wall Street speaking fee will undermine everything he believes in,” wrote Vox’s Matthew Yglesias this week. “To fight the rising tide of populism, mainstream leaders need to raise their ethical game,” he argued.I only disagree with on thing they said. I don't believe the Wall Street speaking fee will undermine everything he believes in, it undermines what he "says" he believes in.
“The more that Wall Street firms give out-of-office presidents and big-name politicians these paydays, the more they become the norm,” Aaron Blake of The New York Times wrote. “Other presidents will know that such payments are on the table, and it risks coloring their decisions with regard to Wall Street and special interests.” A point Vox’s Yglesias agreed with.