Obama's $400,000 speech could prompt Congress to go after his pension

[toomuchtime_]

Really? to whom?

In the DUPLICATE thread about this yesterday, I posted the details of the Obama 2 million dollar donation to a educational center in Chicago.

That's nice, but the Wall St speech and the donation don't seem to be connected.

Business News - Chicago Tribune

Doesn't every ex-president make at least $400,000 in a year one way or another?

Of course Obama is getting paid at the rate of $400,000 an hour, but either way you are making the point that taxpayers shouldn't be burdened with paying these rich people a $200,000 a year pension.

Oh it's such a burden. I am weeping.

Ok, so you're a fan of welfare for the rich.

 

[Care4all]

Last year, then-president Barack Obama vetoed a bill that would have curbed the pensions of former presidents if they took outside income of $400,000 or more.

So now that former president Barack Obama has decided to accept $400,000 for an upcoming Wall Street speech, the sponsors of that bill say they'll reintroduce that bill in hopes that President Trump will sign it.

"The Obama hypocrisy on this issue is revealing," said Rep. Jason Chaffetz, R-Utah, chairman of the House Oversight and Government Reform Committee and sponsor of the 2016 bill. "His veto was very self-serving."

Chaffetz and Sen. Joni Ernst, R-Iowa, the sponsor of the companion Senate bill, say they will re-introduce the Presidential Allowance Modernization Act this month. The bill would cap presidential pensions at $200,000, with another $200,000 for expenses. But those payments would be reduced dollar-for-dollar once their outside income exceeds $400,000.

The issue isn't a partisan one — or at least, it wasn't last year. The bill passed both the House and Senate with no opposition, and no veto threat had come from the White House.


So when Obama's veto came one Friday night last July — on the last day for him to sign or veto the legislation — it took lawmakers by surprise. It was the 11th of Obama's 12 vetoes.

Obama's $400,000 speech could prompt Congress to go after his pension

Now this is a bill that will have bipartisan support.

the whole concept of limiting what a person can earn when they are a private citizen, is simply utterly ridiculous....R's refuse to cap CEO pay.....what hypocrites, no?

Regardless, even if they passed a bill, it can't be retroactive....when Obama retired and all other presidents still alive, they were owed a pension according to the laws on the books at the time of their hire.

The new law would only come in to effect with the next president...

 

[toomuchtime_]

Last year, then-president Barack Obama vetoed a bill that would have curbed the pensions of former presidents if they took outside income of $400,000 or more.

So now that former president Barack Obama has decided to accept $400,000 for an upcoming Wall Street speech, the sponsors of that bill say they'll reintroduce that bill in hopes that President Trump will sign it.

"The Obama hypocrisy on this issue is revealing," said Rep. Jason Chaffetz, R-Utah, chairman of the House Oversight and Government Reform Committee and sponsor of the 2016 bill. "His veto was very self-serving."

Chaffetz and Sen. Joni Ernst, R-Iowa, the sponsor of the companion Senate bill, say they will re-introduce the Presidential Allowance Modernization Act this month. The bill would cap presidential pensions at $200,000, with another $200,000 for expenses. But those payments would be reduced dollar-for-dollar once their outside income exceeds $400,000.

The issue isn't a partisan one — or at least, it wasn't last year. The bill passed both the House and Senate with no opposition, and no veto threat had come from the White House.


So when Obama's veto came one Friday night last July — on the last day for him to sign or veto the legislation — it took lawmakers by surprise. It was the 11th of Obama's 12 vetoes.

Obama's $400,000 speech could prompt Congress to go after his pension

Now this is a bill that will have bipartisan support.

the whole concept of limiting what a person can earn when they are a private citizen, is simply utterly ridiculous....R's refuse to cap CEO pay.....what hypocrites, no?

Regardless, even if they passed a bill, it can't be retroactive....when Obama retired and all other presidents still alive, they were owed a pension according to the laws on the books at the time of their hire.

The new law would only come in to effect with the next president...

I see where your confusion comes from. You think the government owns corporations so it should decide what the CEO is paid. However, the government does decide what the American people should pay to ex presidents, and it is outrageous that some one who earns $400,000 an hour should bilk the public out of $200,000 a year. If Obama were not just a sleazy, money grubbing politician he would now be donating that $200,000 a year which he doesn't need to one of the causes he claims to support.

 

[Dschrute3]

Why do folks pay to listen to Obama and Hillary Clinton? I find them to be very boring and predictable. I don't listen to em when it's free to listen. Now Trump? I might consider paying to give him a listen. He's an interesting person. He's less likely to be boring and predictable.

 

[Hutch Starskey]

Obama's $400,000 speech could prompt Congress to go after his pension


WTF?

 

[sartre play]

Obamas speech on health care, don't think he is to worried about the fee, he is donating two million dollars to a summer work program for young people.

 

[Care4all]

Last year, then-president Barack Obama vetoed a bill that would have curbed the pensions of former presidents if they took outside income of $400,000 or more.

So now that former president Barack Obama has decided to accept $400,000 for an upcoming Wall Street speech, the sponsors of that bill say they'll reintroduce that bill in hopes that President Trump will sign it.

"The Obama hypocrisy on this issue is revealing," said Rep. Jason Chaffetz, R-Utah, chairman of the House Oversight and Government Reform Committee and sponsor of the 2016 bill. "His veto was very self-serving."

Chaffetz and Sen. Joni Ernst, R-Iowa, the sponsor of the companion Senate bill, say they will re-introduce the Presidential Allowance Modernization Act this month. The bill would cap presidential pensions at $200,000, with another $200,000 for expenses. But those payments would be reduced dollar-for-dollar once their outside income exceeds $400,000.

The issue isn't a partisan one — or at least, it wasn't last year. The bill passed both the House and Senate with no opposition, and no veto threat had come from the White House.


So when Obama's veto came one Friday night last July — on the last day for him to sign or veto the legislation — it took lawmakers by surprise. It was the 11th of Obama's 12 vetoes.

Obama's $400,000 speech could prompt Congress to go after his pension

Now this is a bill that will have bipartisan support.

the whole concept of limiting what a person can earn when they are a private citizen, is simply utterly ridiculous....R's refuse to cap CEO pay.....what hypocrites, no?

Regardless, even if they passed a bill, it can't be retroactive....when Obama retired and all other presidents still alive, they were owed a pension according to the laws on the books at the time of their hire.

The new law would only come in to effect with the next president...

I see where your confusion comes from. You think the government owns corporations so it should decide what the CEO is paid. However, the government does decide what the American people should pay to ex presidents, and it is outrageous that some one who earns $400,000 an hour should bilk the public out of $200,000 a year. If Obama were not just a sleazy, money grubbing politician he would now be donating that $200,000 a year which he doesn't need to one of the causes he claims to support.

HUH?
why would they be bilking the govt for a pension they already earned? How does one's earned retirement for the job done, even remotely connect to what a person does with their life after retirement?

So, if Trump earns more than $400k a year after he leaves the presidency his retirement pension earned should be cut?

BTW, Obama is not old enough to be receiving his retirement pension is my understanding of it???

 

[toomuchtime_]

Last year, then-president Barack Obama vetoed a bill that would have curbed the pensions of former presidents if they took outside income of $400,000 or more.

So now that former president Barack Obama has decided to accept $400,000 for an upcoming Wall Street speech, the sponsors of that bill say they'll reintroduce that bill in hopes that President Trump will sign it.

"The Obama hypocrisy on this issue is revealing," said Rep. Jason Chaffetz, R-Utah, chairman of the House Oversight and Government Reform Committee and sponsor of the 2016 bill. "His veto was very self-serving."

Chaffetz and Sen. Joni Ernst, R-Iowa, the sponsor of the companion Senate bill, say they will re-introduce the Presidential Allowance Modernization Act this month. The bill would cap presidential pensions at $200,000, with another $200,000 for expenses. But those payments would be reduced dollar-for-dollar once their outside income exceeds $400,000.

The issue isn't a partisan one — or at least, it wasn't last year. The bill passed both the House and Senate with no opposition, and no veto threat had come from the White House.


So when Obama's veto came one Friday night last July — on the last day for him to sign or veto the legislation — it took lawmakers by surprise. It was the 11th of Obama's 12 vetoes.

Obama's $400,000 speech could prompt Congress to go after his pension

Now this is a bill that will have bipartisan support.

the whole concept of limiting what a person can earn when they are a private citizen, is simply utterly ridiculous....R's refuse to cap CEO pay.....what hypocrites, no?

Regardless, even if they passed a bill, it can't be retroactive....when Obama retired and all other presidents still alive, they were owed a pension according to the laws on the books at the time of their hire.

The new law would only come in to effect with the next president...

I see where your confusion comes from. You think the government owns corporations so it should decide what the CEO is paid. However, the government does decide what the American people should pay to ex presidents, and it is outrageous that some one who earns $400,000 an hour should bilk the public out of $200,000 a year. If Obama were not just a sleazy, money grubbing politician he would now be donating that $200,000 a year which he doesn't need to one of the causes he claims to support.

HUH?
why would they be bilking the govt for a pension they already earned? How does one's earned retirement for the job done, even remotely connect to what a person does with their life after retirement?

So, if Trump earns more than $400k a year after he leaves the presidency his retirement pension earned should be cut?

BTW, Obama is not old enough to be receiving his retirement pension is my understanding of it???

Clearly, it is indecent, to say the least, that some one who earns $400,000 an hour to accept a $200,000 a year while complaining about how much other CEO's are paid.

 

[bravoactual]

Last year, then-president Barack Obama vetoed a bill that would have curbed the pensions of former presidents if they took outside income of $400,000 or more.

So now that former president Barack Obama has decided to accept $400,000 for an upcoming Wall Street speech, the sponsors of that bill say they'll reintroduce that bill in hopes that President Trump will sign it.

"The Obama hypocrisy on this issue is revealing," said Rep. Jason Chaffetz, R-Utah, chairman of the House Oversight and Government Reform Committee and sponsor of the 2016 bill. "His veto was very self-serving."

Chaffetz and Sen. Joni Ernst, R-Iowa, the sponsor of the companion Senate bill, say they will re-introduce the Presidential Allowance Modernization Act this month. The bill would cap presidential pensions at $200,000, with another $200,000 for expenses. But those payments would be reduced dollar-for-dollar once their outside income exceeds $400,000.

The issue isn't a partisan one — or at least, it wasn't last year. The bill passed both the House and Senate with no opposition, and no veto threat had come from the White House.


So when Obama's veto came one Friday night last July — on the last day for him to sign or veto the legislation — it took lawmakers by surprise. It was the 11th of Obama's 12 vetoes.

Obama's $400,000 speech could prompt Congress to go after his pension

Now this is a bill that will have bipartisan support.

Wow.......OMMFG!!!!!!!!!!

You mean a former President of the United States actually got paid for giving a speech.....OMMFG....That never happens.

Except of course if your James E. Carter, Ronald W. Reagan, George H.W. Bush, William Jefferson Clinton or George W. Bush.....each was or is a former President of the United States, each has received money for giving speeches after having left office.

That is all Mr. Obama did, do exactly what former Presidents of the United States has done, being paid for giving a speech.

Get the fuck over it.

 

[JQPublic1]

Maybe he should pay for his own damn security detail

because he's black?

because he's raking in money like a 1%'er

What's wrong with that, ya commie?!!

 

[JQPublic1]

But a 20% tax cut for wealthy corporations, which will cost hundreds of billions in federal revenue, is A-OK with Republicans.

In other words they're fine with giving billions to their friends but are hell bent on finding yet another way to try to screw the black man who stomped their guts out for 8 straight years.

It won't cost the government anything. They'll just take less.

The hidden impact of taking funds saved from throttling the PPACA wll bestow deleterious consequences on millions.
But tax breaks for the rich would be untenable without sacrificing the healthcare of 24 million sheeple.

 

[Seawytch]

Maybe he should pay for his own damn security detail

because he's black?

because he's raking in money like a 1%'er

Because he's raking in money like white Presidents do......

Yup...they didn't care about how much was being made on speeches until the woman and the black guy started doing it.

 

[toomuchtime_]

Last year, then-president Barack Obama vetoed a bill that would have curbed the pensions of former presidents if they took outside income of $400,000 or more.

So now that former president Barack Obama has decided to accept $400,000 for an upcoming Wall Street speech, the sponsors of that bill say they'll reintroduce that bill in hopes that President Trump will sign it.

"The Obama hypocrisy on this issue is revealing," said Rep. Jason Chaffetz, R-Utah, chairman of the House Oversight and Government Reform Committee and sponsor of the 2016 bill. "His veto was very self-serving."

Chaffetz and Sen. Joni Ernst, R-Iowa, the sponsor of the companion Senate bill, say they will re-introduce the Presidential Allowance Modernization Act this month. The bill would cap presidential pensions at $200,000, with another $200,000 for expenses. But those payments would be reduced dollar-for-dollar once their outside income exceeds $400,000.

The issue isn't a partisan one — or at least, it wasn't last year. The bill passed both the House and Senate with no opposition, and no veto threat had come from the White House.


So when Obama's veto came one Friday night last July — on the last day for him to sign or veto the legislation — it took lawmakers by surprise. It was the 11th of Obama's 12 vetoes.

Obama's $400,000 speech could prompt Congress to go after his pension

Now this is a bill that will have bipartisan support.

Wow.......OMMFG!!!!!!!!!!

You mean a former President of the United States actually got paid for giving a speech.....OMMFG....That never happens.

Except of course if your James E. Carter, Ronald W. Reagan, George H.W. Bush, William Jefferson Clinton or George W. Bush.....each was or is a former President of the United States, each has received money for giving speeches after having left office.

That is all Mr. Obama did, do exactly what former Presidents of the United States has done, being paid for giving a speech.

Get the fuck over it.

Obama made a fucking career out of complaining about rich people and now it turns out that's all he ever wanted to be. Try to get over it, he's clearly not the man you thought you were voting for.

 

[g5000]

I personally wouldn't pay a nickel to ever hear Barack Obama open his mouth again.

But if there are rubes out there willing to shell out $1,000 for a plateful of mashed potatoes and boiled chicken, and an earful of Obamanations, who am I to say they should be banned from doing so?

 

[westwall]

Maybe he should pay for his own damn security detail

because he's black?

No, because he's rich you dumbass.

 

[Admiral Rockwell Tory]

Last year, then-president Barack Obama vetoed a bill that would have curbed the pensions of former presidents if they took outside income of $400,000 or more.

So now that former president Barack Obama has decided to accept $400,000 for an upcoming Wall Street speech, the sponsors of that bill say they'll reintroduce that bill in hopes that President Trump will sign it.

"The Obama hypocrisy on this issue is revealing," said Rep. Jason Chaffetz, R-Utah, chairman of the House Oversight and Government Reform Committee and sponsor of the 2016 bill. "His veto was very self-serving."

Chaffetz and Sen. Joni Ernst, R-Iowa, the sponsor of the companion Senate bill, say they will re-introduce the Presidential Allowance Modernization Act this month. The bill would cap presidential pensions at $200,000, with another $200,000 for expenses. But those payments would be reduced dollar-for-dollar once their outside income exceeds $400,000.

The issue isn't a partisan one — or at least, it wasn't last year. The bill passed both the House and Senate with no opposition, and no veto threat had come from the White House.


So when Obama's veto came one Friday night last July — on the last day for him to sign or veto the legislation — it took lawmakers by surprise. It was the 11th of Obama's 12 vetoes.

Obama's $400,000 speech could prompt Congress to go after his pension

Now this is a bill that will have bipartisan support.

the whole concept of limiting what a person can earn when they are a private citizen, is simply utterly ridiculous....R's refuse to cap CEO pay.....what hypocrites, no?

Regardless, even if they passed a bill, it can't be retroactive....when Obama retired and all other presidents still alive, they were owed a pension according to the laws on the books at the time of their hire.

The new law would only come in to effect with the next president...

Nope. Where did you dream that crap up?

The Constitution says that you cannot change their pay, but had no mention of a pension which is a 20th century invention.

 

[Admiral Rockwell Tory]

Last year, then-president Barack Obama vetoed a bill that would have curbed the pensions of former presidents if they took outside income of $400,000 or more.

So now that former president Barack Obama has decided to accept $400,000 for an upcoming Wall Street speech, the sponsors of that bill say they'll reintroduce that bill in hopes that President Trump will sign it.

"The Obama hypocrisy on this issue is revealing," said Rep. Jason Chaffetz, R-Utah, chairman of the House Oversight and Government Reform Committee and sponsor of the 2016 bill. "His veto was very self-serving."

Chaffetz and Sen. Joni Ernst, R-Iowa, the sponsor of the companion Senate bill, say they will re-introduce the Presidential Allowance Modernization Act this month. The bill would cap presidential pensions at $200,000, with another $200,000 for expenses. But those payments would be reduced dollar-for-dollar once their outside income exceeds $400,000.

The issue isn't a partisan one — or at least, it wasn't last year. The bill passed both the House and Senate with no opposition, and no veto threat had come from the White House.


So when Obama's veto came one Friday night last July — on the last day for him to sign or veto the legislation — it took lawmakers by surprise. It was the 11th of Obama's 12 vetoes.

Obama's $400,000 speech could prompt Congress to go after his pension

Now this is a bill that will have bipartisan support.

the whole concept of limiting what a person can earn when they are a private citizen, is simply utterly ridiculous....R's refuse to cap CEO pay.....what hypocrites, no?

Regardless, even if they passed a bill, it can't be retroactive....when Obama retired and all other presidents still alive, they were owed a pension according to the laws on the books at the time of their hire.

The new law would only come in to effect with the next president...

I see where your confusion comes from. You think the government owns corporations so it should decide what the CEO is paid. However, the government does decide what the American people should pay to ex presidents, and it is outrageous that some one who earns $400,000 an hour should bilk the public out of $200,000 a year. If Obama were not just a sleazy, money grubbing politician he would now be donating that $200,000 a year which he doesn't need to one of the causes he claims to support.

HUH?
why would they be bilking the govt for a pension they already earned? How does one's earned retirement for the job done, even remotely connect to what a person does with their life after retirement?

So, if Trump earns more than $400k a year after he leaves the presidency his retirement pension earned should be cut?

BTW, Obama is not old enough to be receiving his retirement pension is my understanding of it???

Damn straight. It is called "means testing." If they have the means, they don't need it.

Social security should be the same way, IMHO.

 

[BlueGin]

I don't approve of these lifetime pensions, but it is interesting that with 43 presidents, they wait until the last year of the first black president to introduce a bill to curtail the pension.

What's funny is the goal is to cut it 200K for .... 30 years? They just blew 8 billion deficit dollars and didn't cover preexisting conditions.

They did cover pre existing conditions. I just read an article at the hospital talking about the list of pre existing conditions they cover...like...cancer,high blood pressure, athsma,pregnancy etc...

 

[Care4all]

Last year, then-president Barack Obama vetoed a bill that would have curbed the pensions of former presidents if they took outside income of $400,000 or more.

So now that former president Barack Obama has decided to accept $400,000 for an upcoming Wall Street speech, the sponsors of that bill say they'll reintroduce that bill in hopes that President Trump will sign it.

"The Obama hypocrisy on this issue is revealing," said Rep. Jason Chaffetz, R-Utah, chairman of the House Oversight and Government Reform Committee and sponsor of the 2016 bill. "His veto was very self-serving."

Chaffetz and Sen. Joni Ernst, R-Iowa, the sponsor of the companion Senate bill, say they will re-introduce the Presidential Allowance Modernization Act this month. The bill would cap presidential pensions at $200,000, with another $200,000 for expenses. But those payments would be reduced dollar-for-dollar once their outside income exceeds $400,000.

The issue isn't a partisan one — or at least, it wasn't last year. The bill passed both the House and Senate with no opposition, and no veto threat had come from the White House.


So when Obama's veto came one Friday night last July — on the last day for him to sign or veto the legislation — it took lawmakers by surprise. It was the 11th of Obama's 12 vetoes.

Obama's $400,000 speech could prompt Congress to go after his pension

Now this is a bill that will have bipartisan support.

the whole concept of limiting what a person can earn when they are a private citizen, is simply utterly ridiculous....R's refuse to cap CEO pay.....what hypocrites, no?

Regardless, even if they passed a bill, it can't be retroactive....when Obama retired and all other presidents still alive, they were owed a pension according to the laws on the books at the time of their hire.

The new law would only come in to effect with the next president...

Nope. Where did you dream that crap up?

The Constitution says that you cannot change their pay, but had no mention of a pension which is a 20th century invention.

In the United States, the Congress is prohibited from passing ex post facto laws by clause 3 of Article I, Section 9 of the United States Constitution.

 

[Admiral Rockwell Tory]

Last year, then-president Barack Obama vetoed a bill that would have curbed the pensions of former presidents if they took outside income of $400,000 or more.

So now that former president Barack Obama has decided to accept $400,000 for an upcoming Wall Street speech, the sponsors of that bill say they'll reintroduce that bill in hopes that President Trump will sign it.

"The Obama hypocrisy on this issue is revealing," said Rep. Jason Chaffetz, R-Utah, chairman of the House Oversight and Government Reform Committee and sponsor of the 2016 bill. "His veto was very self-serving."

Chaffetz and Sen. Joni Ernst, R-Iowa, the sponsor of the companion Senate bill, say they will re-introduce the Presidential Allowance Modernization Act this month. The bill would cap presidential pensions at $200,000, with another $200,000 for expenses. But those payments would be reduced dollar-for-dollar once their outside income exceeds $400,000.

The issue isn't a partisan one — or at least, it wasn't last year. The bill passed both the House and Senate with no opposition, and no veto threat had come from the White House.


So when Obama's veto came one Friday night last July — on the last day for him to sign or veto the legislation — it took lawmakers by surprise. It was the 11th of Obama's 12 vetoes.

Obama's $400,000 speech could prompt Congress to go after his pension

Now this is a bill that will have bipartisan support.

the whole concept of limiting what a person can earn when they are a private citizen, is simply utterly ridiculous....R's refuse to cap CEO pay.....what hypocrites, no?

Regardless, even if they passed a bill, it can't be retroactive....when Obama retired and all other presidents still alive, they were owed a pension according to the laws on the books at the time of their hire.

The new law would only come in to effect with the next president...

Nope. Where did you dream that crap up?

The Constitution says that you cannot change their pay, but had no mention of a pension which is a 20th century invention.

In the United States, the Congress is prohibited from passing ex post facto laws by clause 3 of Article I, Section 9 of the United States Constitution.

That is not an ex post facto law. That only applies to crimes. You must have flunked out of high school civics.

Definition: ex post facto:

A law that makes illegal an act that was legal when committed, increases the penalties for an infraction after it has been committed, or changes the rules of evidence to make conviction easier.

the definition of ex post facto law

Since the law will do none of those things, it is not applicable. Go back to school or learn to Goggle, lest you appear dumber than a post.