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Almost immediately after leaving office, Bush withdrew from the broader bully pulpit that other former presidents, such as Jimmy Carter, have used to weigh in on matters of public import. But he also joined the storied ranks of former politicians who are now making money on the speaking circuit-- and it's paying off. Bush spokesman David Sherzer tells iWatch News that Bush has earned at least $15 million for nearly 140 paid speeches since he left office in Jan. 2009. That's an average of about $110,000 per speech. (iWatch News reports that his average fee is pegged between $100,000 and $150,000.) That's undeniably a lot of dough--but consider how it stacks up against the fees collected by Bush's predecessor, former President Bill Clinton. By the end of 2009--nine years after Clinton's final term--the former president had already earned $65 million in speaking fees, which included $7.5 million for 36 paid speeches in 2009 alone, according to CNN's analysis of wife Hillary Clinton's 2010 financial disclosure report. That's $208,000 per speech on average for 2009.
IWatch News reports that after declining to visit Ground Zero May 5 with Barack Obama following the death of Osama bin Laden, Bush gave three paid speeches that week--one to "hedge fund executives, a Swiss bank sanctioned for keeping secret bank accounts, and a pro golf event underwritten by the accounting firm involved in the Tyco International financial scandal."
Originally posted by MJZoo
Yeah, it's pretty sad. I'd go talk to people for 1/10th of that, haha. Hell I'd talk to them naked if they wanted me too.
Originally posted by Caji316
It has to be a bunch of idiots as who else would listen to this fool...and pay him ???
It would be interesting to know how the average New York voter would respond when told that during the past three years their Senator and her spouse personally received $2.1 million from such major banks as Goldman Sachs ($800,000), Lehman Bros. ($300, 000), Citigroup ($425,000) and Deutsche Bank ($300,000).
The money -- honoraria payments to former President Clinton -- demonstrate that the conflicts between Bill Clinton's multi-million dollar financial entanglements and his wife's possible selection as Secretary of State are just as relevant in the case of the elected office Hillary Clinton currently holds, raising to front and center the same glaring conflicts of interest that have gone largely overlooked during Hillary's eight years in the Senate. . .
The potential for conflict of interest in this situation is most easily visible in the case of major legislation presently under consideration in Washington. If Hillary stays in the Senate, the most pressing issue will be the financial crisis. She has already voted for the $700 billion bailout bill, which is likely to be only the first step in federal attempts to pull the economy out of its nosedive.
According to the Center for Responsive Politics, Senator Clinton has not only received campaign contributions from the investment and securities industries -- industries with huge stakes in the outcome of measures almost certain to be taken up in 2009-10 -- but Bill and Hillary together have also taken as personal income, for their own use, millions of dollars paid to Bill in the form of honoraria, running from $125,000 to $325,000 for a single speech to interest groups directly affected by his wife's legislative position.