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| 4 Reasons Obama's $ 400,000 Wall St |
| 4 Reasons Obama's $ 400,000 Wall Street Speech Is A Bad Idea
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| UNITED STATES OF AMERICA
, 26-April-2017
23:14:8 PM |
| Former president Barack Obama reemerged this week for his first formal public event since leaving office, but all people can talk about is a future event - specifically, one for which he will be paid his old annual salary for one speech.
News broke Monday that Obama would be paid one of those exorbitant speaker's fees that Hillary Clinton received: $400,000 for speaking at a Wall Street conference put on by the investment firm Cantor Fitzgerald.
Obama's situation is not the same as Clinton's, in that he cannot run for president again. So taking Wall Street's money, at this point, won't directly affect official U.S. policy that Obama will pursue in the future. Nor is there any rule prohibiting him from receiving the money.
But that doesn't mean the arrangement isn't problematic - especially these days and especially for Obama and his party. Below are a few reasons Obama may want to rethink his decision.
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