Speeches and crony capitalism

[Jludo]

Hilary is the most noteworthy in this election but its a widespread issue.
Why leverage your political clout for a lucrative private sector job when you could get 300k for an afternoon of talking?

Washington's Highest (and Lowest) Speaking Fees - ABC News

From the article

Ben Bernanke - $200K to $400K

Bernanke makes between $200,000 and $400,000 per speaking engagement, according to the New York Times. The former chairman of the Federal Reserve’s international audience reportedly includes “a Middle Eastern bank, private equity firms and trade associations.”

 

[IndyDave1776]

I don't know about anyone else, but I would have questions about his loyalties just as harsh as those I have for Hillary at this point. Neither one receives that kind of money because people like the sound of their voices. I fail to see any message Hillary could have worth that kind of jack, and Bernanke is either revealing information on how to game the system, which is inherently dishonest, or owing favors in the event that he returns to a position of influence which, given his age and integration into the system, is at least very possible.

 

[JettaKnight]

I dunno, how much does Beyoncé get for a gig? Bernanke has certainly done more for this country (right or wrong) and speaks far better and has more to say.

I'd choose the latter.

 

[HoughMade]

For the price of a decent burger and some onion rings, I'll drop more truth and wisdom on you than any of those schmucks.

I give it away for free on INGO all the time.

 

[IndyDave1776]

For the price of a decent burger and some onion rings, I'll drop more truth and wisdom on you than any of those schmucks.

I give it away for free on INGO all the time.

 

[Jludo]

I dunno, how much does Beyoncé get for a gig? Bernanke has certainly done more for this country (right or wrong) and speaks far better and has more to say.

I'd choose the latter.

If bernanke could fill a stadium of fans I'd say he deserved every penny he gets from ticket sales. If it's cash from one of the banks sitting on trillions of dollars the Fed printed during the crisis... Not so deserving.

 

[JettaKnight]

You jelly, bro?









Yeah, $200K seems like a heck of lot...

 

[hoosierdoc]

I give it away for free on INGO all the time.

are you suggesting if I had posted that online you would have reviewed it for free?!

 

[HoughMade]

are you suggesting if I had posted that online you would have reviewed it for free?!

You got the best stuff. The good stuff, I give away. The best stuff, costs.

 

[IndyDave1776]

If bernanke could fill a stadium of fans I'd say he deserved every penny he gets from ticket sales. If it's cash from one of the banks sitting on trillions of dollars the Fed printed during the crisis... Not so deserving.

This. Paying astronomical speaking fees as a vehicle for claiming that he (and others) earned the money rather than it being a payment for past, present, or anticipated future services is a very thin veneer on a very rotten truth.

 

[Leadeye]

For the price of a decent burger and some onion rings, I'll drop more truth and wisdom on you than any of those schmucks.

I give it away for free on INGO all the time.

Sold!

 

[Libertarian01]

I dunno, how much does Beyoncé get for a gig? Bernanke has certainly done more for this country (right or wrong) and speaks far better and has more to say.

I'd choose the latter.

Ask and ye shall receive. Beyonce's Tour Paycheck Likely To Pull Millions From Mrs. Carter Show Ticket Sales

Looks to be about $2,270,000 plus or minus.

I do like Google. Adds a whole new tool to "Seek and ye shall find"

Regards,

Doug

 

[jamil]

Oh c'mon people. It's not a bribe. It's a speaking fee.

 

[IndyDave1776]

Oh c'mon people. It's not a bribe. It's a speaking fee.

 

[Jludo]

Oh c'mon people. It's not a bribe. It's a speaking fee.

That's one thing I wanted to see Bernie just rail Hilary on. Her defense 'name one thing I've done to help the banking industry' Bernie had nothing. He could have pointed out that no bankers went to jail after the financial crisis, that her supporting the status quo is in and of itself a major help to the big banks.
It's just so blatantly transparent yet she stands there and deflects like it's nothing. That is one of the few silver linings about Trump being the nominee, I'd like to think he'll be fairly strong in his 'criticisms' of Hilary.
Or he won't in which case we know what he was doing all along.

 

[Libertarian01]

I have not researched a lot but some of my reading suggests that dear ol' Bill & Hillary did ALL (or a vast majority) of their speaking on behalf of the Clinton Foundation, and thus is/was tax free. While IRS code says they must use 5% of the nonprofit's income for its stated purpose, that is the limit on the rules. Thus, they may have legally but unethically made tens of millions of dollars nearly tax free.

I'll bet Trump or anyone looking into it could make a helluva case for corruption and abuse of the system.

Regards,

Doug

 

[jamil]

That's one thing I wanted to see Bernie just rail Hilary on. Her defense 'name one thing I've done to help the banking industry' Bernie had nothing. He could have pointed out that no bankers went to jail after the financial crisis, that her supporting the status quo is in and of itself a major help to the big banks.
It's just so blatantly transparent yet she stands there and deflects like it's nothing. That is one of the few silver linings about Trump being the nominee, I'd like to think he'll be fairly strong in his 'criticisms' of Hilary.
Or he won't in which case we know what he was doing all along.

I have no doubt that Trump will be brutally honest attacking her. But he needs to be careful not to do it in a way that's off putting to women when 70% of them already think unfavorably of him.

 

[jamil]

I have not researched a lot but some of my reading suggests that dear ol' Bill & Hillary did ALL (or a vast majority) of their speaking on behalf of the Clinton Foundation, and thus is/was tax free. While IRS code says they must use 5% of the nonprofit's income for its stated purpose, that is the limit on the rules. Thus, they may have legally but unethically made tens of millions of dollars nearly tax free.

I'll bet Trump or anyone looking into it could make a helluva case for corruption and abuse of the system.

Regards,

Doug

Probably the Clinton Foundation would make a hell of a laundrymat.

 

[Jludo]

Probably the Clinton Foundation would make a hell of a laundrymat.

I'm sure the millions of dollars Saudi Arabia has donated doesn't have any bearing on decisions Hilary makes either, they just believe in common causes...