Saturday, July 15, 2017

Why is Obama fundraising and why are corporations answering his cash call?

The burning question of our day: When will Barack Obama have made enough money?
When, for instance,  will Obama turn off the money tap that is now pouring millions into the Obama Foundation?
Not until the ‘12th of Never’, and as Johnny Mathis sings “and that’s a long, long time.”
No one should have ever have taken Obama at his word in his speech to a Quincy, Illinois audience about Wall Street reform on April 28, 2010: “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.”
Now happier economy than growing your own!
The “certain point” when he’s made enough money” has yet to have been reached by dollar scrounging Barack Obama.

With over $14 million for his first three best sellers already banked, and now bidding his next book deal in a contract with wife, Michelle, estimated at over $60 million, does Obama really need the money?
And that doesn’t even take into account the fees he is paid for speeches.
“Technology and energy corporations have joined the list of top donors to the Obama Foundation, which on Friday made public the names of more than 700 patrons from the last three months. (Chicago Tribune, July 14, 2017)

“Exelon and Microsoft have given more than a million dollars to the foundation, which was founded in 2014 but boosted its fundraising efforts after President Barack Obama left the White House.”

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