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Tag Archives: Obama

Obama Cashes in – on Wall Street; Here’s What He Used to Say

Et tu, Barack? You seemed so pure and good. You were The One. But you’re just another politician, a hypocrite who was just a deceptive as any other political animal, which some of us understood. But you’re worse, because of your moral preening.

According to Bloomberg, Obama is giving speeches to Wall Street for about $400,000 a pop. Wall Street. You remember, the fat cats? He’s delivered two and has another in the queue.

Since leaving office, Obama has delivered public and private speeches that are “true to his values,” Kevin Lewis, a spokesman for the former president, said in an email. “His paid speeches in part have allowed President Obama to contribute $2 million to Chicago programs offering job training and employment opportunities to low-income youth.”

How dumb. So we’re supposed to believe he’s giving speeches on Wall Street so he can contribute to charity. You go get ’em, Robin Hood! Meantime, he and Mrs. Obama have book contracts worth $60 million.

Let me take you down memory lane to witness a few of the things Obama has said about Wall Street.

We didn’t become the most prosperous country in the world just by rewarding greed and recklessness. We didn’t come this far by letting the special interests run wild. We didn’t do it just by gambling and chasing paper profits on Wall Street. We built this country by making things, by producing goods we could sell.

We will keep the promise of Social Security by taking the responsible steps to strengthen it – not by turning it over to Wall Street.

I did not run for office to be helping out a bunch of, you know, fat-cat bankers on Wall Street.

We need more responsibility, but we need it not just when there’s a crisis. I mean, we’ve had years in which the reigning economic ideology has been what’s good for Wall Street, but not what’s good for Main Street.

And this, about what he’ll do after he’s president:

I’m not going to Wall Street. The amount of time that I’ll be investing in issues is going to be high. But it’ll be necessarily in a different capacity.

Trump Ices Expensive, Unjust Obama Equal Pay Rule

The White House this week set aside a rule crafted by the Obama White House to force businesses to disclose what they are paying people, information the Clinton administration, which didn’t happen, would have used to begin forcing equal pay.

From the Wall Street Journal:

A long-time progressive goal has been to use charges of a gender pay gap to begin dictating salaries in the private economy. This week the Trump Administration halted an Obama Administration step toward that end.

The Office of Management and Budget on Tuesday stayed an Equal Employment Opportunity Commission (EEOC) rule dealing with a bureaucratic form known as EEO-1. The old EEO-1 required federal contractors and any company with more than 100 employees to submit data about their workforces—including breakdowns by race, ethnicity, gender and job category. In 2016 Team Obama added a demand for data on pay, effective March 2018.

The rule is a typical end-run around Congress, which refused to enact President Obama’s Paycheck Fairness Act that would have enabled such wage-data collection.

The Trump OMB cited the exorbitant cost and hassle of compliance for staying the rule, and that’s reason enough. The old EEO-1 form required about 180 pieces of information, while the Obama form increased that 20-fold to 3,660 data points per report.

The Obama EEOC said the rule would cost about $50 million a year and 1.9 million hours to comply. But a Chamber of Commerce survey found the direct compliance costs alone would be closer to $400 million and eight million hours of labor. Add indirect overhead and annual costs jumped to $1.3 billion.

There are many reasons women earn less than men – few of them having to do with discrimination – including the careers they choose and decisions to leave the workforce to have children. Discrimination should be litigated on a case-by-case basis, not via socialist edict.

And BTW, add $1 billion to businesses costs while forcing them to increase salaries just because people are of a certain gender results in job losses, for women and for men.

Hillary Clinton Book Tour “A New Level of Greed”

“I do think at a certain point you’ve made enough money,” Barack Obama once said. But given reports that he and Michelle Obama have accepted some $65 million for their upcoming books, the “you” in that sentence obviously doesn’t mean “one,” as in “one has made enough money.” It means “you,” as in other people, not the Obamas.

And not Hillary, who despite her vast fortune is angling for much more.

According to Fox News:

Starting next month, the former Democratic presidential nominee embarks on a tour across the United States and Canada to promote “What Happened,” her memoir about running against Donald Trump for president.

For $2,375.95 (or $3,000 in Canadian dollars), Clinton fans in Toronto can obtain a “VIP platinum ticket” for her Sept. 28 talk. That ticket includes two front-row seats, a photo with Clinton backstage and a signed book.

“It is standard for high profile authors to do book tours that sell tickets to events, but Clinton’s tour takes it to a new level of greed,” an industry source told Fox News.

General admission tickets to Clinton’s events are offered, too, for a lower price than the VIP versions. In Toronto, all the $70.49 (or $89 in Canadian currency) tickets for Clinton’s lecture already have sold out.

Mark Steyn and Tucker Carlson decided to have some fun with it.

Steyn noted how Carlson compared the prices to that of a Broadway show, saying that at the New York appearance, attendees might get a “restricted view of a full chorus of Macedonian content farmers dancing behind her, explaining why she lost the election.”

Clinton once blamed “fake news sites” in the Balkan nation for causing her to lose the election.

Steyn said that there are scores of “Saudi princes and Sudanese warlords” who are upset with Clinton only charging North Americans $2400 to meet her.

“That’s bargain basement prices for a meet and greet,” he said, speaking as the Saudis or Sudanese. “I had to pay four million dollars to the Clinton Foundation and sit through a speech on Diarrhea in Africa from Chelsea [Clinton] before I could meet with Hillary Clinton.”

He called both events a “hell of a steal.”

Why You Won’t See the Susan Rice Unmasking Papers: They’re in Obama’s Library

Documents related to the unmasking of Trump advisors by former National Security Advisor Susan Rice have been shipped off to Barack Obama’s presidential library, where they will no doubt gather dust and possibly flammable liquids. According to a Judicial Watch statement issued Monday: Judicial Watch today announced that the National Security Council (NSC) on May… Continue Reading

Obama Gutted Our Military Readiness

Barack Obama, who was responsible for the nation’s security, insisted that military spending be included in the “sequester” that automatically cut government spending. Testifying before Congress Monday evening, Secretary of Defense Mattis said “the damage has been severe” to our military as a result No enemy in the filed has done more to harm to… Continue Reading

Obama: Trump is “Nothing But a Bullshitter”

Well, yes, the author of “The Art of the Deal” is a pretty good bullshitter. At least he’s not pretending to be something else. According to People magazine: “He’s nothing but a bullsh–ter,” Obama told two friends early last November, describing an election night phone call with Trump, in which the businessman suddenly professed his… Continue Reading

Three Times Barack Obama Attempted to Obstruct Justice

The difference between Democrats and Republicans is that Republicans actually do, despite the polarized political climate, hold some principles that transcend their partisan agenda. Which is why you see some concern emanating from the GOP about whether President Trump tried to obstruct the investigation into ties between his advisors and the Russians, and why you… Continue Reading

Did Obama Never Leak Anything at all to the Russians?

You don’t know, do you? But I ask you, amid the reporting that President Trump shared some classified information with the Russians, do you think that over the course of eight years, that Barack Obama, who was dealing constantly in classified information, never ever ever ever shared anything of the sort with the Russian officials… Continue Reading

Trump to Light the White House Blue Monday Night

President Trump Monday announced that he would light the White House blue in honor of our men and women who devote their lives to law enforcement. From a presidential proclamation that today is Police Offiers Memorial Day and the beginning of Police Week: In humble appreciation of our hard-working law enforcement officers, Melania and I… Continue Reading

The Obama Scandals: The Top 22 Outrages, Including the Hillary Scandals

I’ve just published an ebook, “The Obama Scandals: The top 22 outrages of the Obama administration.” This book includes what you need to know about the biggest Obama administration misdeeds, starting with the recently revealed “unmasking” scandal and including Hillary’s email server, Benghazi, Fast and Furious, the IRS targeting of conservatives, and much more! Yes,… Continue Reading