by MARGARET KIMBERLEY
“Obama was and is the latest errand boy for big money but he was hyped as a change agent working for our benefit.”
Barack Obama will be paid $400,000 to speak to a group of finance capitalists. The only thing shocking about the announcement was the reaction from his horrified worshippers. The Obama campaign marketing team should be proud that their salesmanship is so long lived. There were millions of people under the illusion that Obama would represent their interests. He didn’t, of course, and for one very simple reason. He wasn’t hired to work for them. The ruling classes, the 1%, the lords of capital, call them what you will, make the hiring decisions and keep giving out bonuses to the men who do their dirty work.
Of course Obama is getting paid. Wall Street and the banks got their bail outs and then some. They weren’t prosecuted for their crimes which led to loss of jobs and homes. He kept giving and they kept taking and now it is payback time. Obama is just the latest president to get his unjust reward.
The speech at a Cantor Fitzgerald event typifies what former presidents do. So do former prime ministers and presidents of other countries. The capitalists move their capital around the world driving cities into bankruptcy (Detroit) or even nations (Greece) without fear of any hindrance. In return the compliant politicians are well cared for.
“He kept giving and they kept taking and now it is payback time.”
Cantor Fitzgerald describes itself as a “capital markets investment bank.” Its chairman and chief executive supported Jeb Bush in the 2016 Republican campaign and John McCain in 2008. The payout to Obama proves that the big money people ultimately can live with Republicans or Democrats. Why shouldn’t they? They get what they want no matter who is in power.
Barack and Michelle Obama recently signed a $65 million book deal and some are asking why that isn’t enough. That is a good and legitimate question but as is always the case with Obama, the naysayers are shouted down as haters or racists.
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