Obama Complains About Income Inequality -- While Making $13,000 A Minute!
But today, ex-presidents need never hold a real job again -- and they get rich beyond their wildest dreams. Bill Clinton has banked more than $100 million since he left office in 2001, and he still commands up to $500,000 per speech (wife Hillary is on her way to banking $100 million, too). George W. Bush cashed in with some huge pay days for a couple of books. And Barack Obama has already signed a book deal for $25 million. He's only 55, which means he'll no doubt soar past the $100 million mark in no time.
So it's always a little weird when former presidents are talking about us regular people, and especially -- as Democrats and Socialists like Sen. Bernie Sanders like to do -- when they go on a rant about "income inequality."
Obama did just that this week in a speech before the Chamber of Commerce in Montreal. He issued a stern warning again income inequality and derided the concentration of wealth that is occurring across the world.
“That’s a recipe for more cynicism and more polarization, less trust in our institutions and less trust in each other,” Obama said. “And it’s part of what leads people to turn to populist alternatives that may not actually deliver."
But today, ex-presidents need never hold a real job again -- and they get rich beyond their wildest dreams. Bill Clinton has banked more than $100 million since he left office in 2001, and he still commands up to $500,000 per speech (wife Hillary is on her way to banking $100 million, too). George W. Bush cashed in with some huge pay days for a couple of books. And Barack Obama has already signed a book deal for $25 million. He's only 55, which means he'll no doubt soar past the $100 million mark in no time.
So it's always a little weird when former presidents are talking about us regular people, and especially -- as Democrats and Socialists like Sen. Bernie Sanders like to do -- when they go on a rant about "income inequality."
Obama did just that this week in a speech before the Chamber of Commerce in Montreal. He issued a stern warning again income inequality and derided the concentration of wealth that is occurring across the world.
“That’s a recipe for more cynicism and more polarization, less trust in our institutions and less trust in each other,” Obama said. “And it’s part of what leads people to turn to populist alternatives that may not actually deliver."
