MY PERSONAL BELIEF IS THAT ALL GOVERNMENT PENSIONS EXCEPT THOSE IN MILITARY SHOULD BE DONE AWAY WITH, INCLUDING CONGRESS …
Following Barack Obama’s $400,000 speech, Congress may pass legislation to cap presidential pensions. A bill like this had been previously introduced in 2016 in the House by Rep. Jason Chaffetz, R-Utah, chairman of the House Oversight and Government Reform Committee and in the Senate by Sen. Joni Ernst, R-Iowa. However, with no opposition last year in the Senate or House or threat of presidential veto, at the last minute Obama vetoed the bill. Imagine that. Talk about self-serving. Why would Obama have vetoed such a bill? Hopefully this will pass the Congress once again and President Trump will sign it. If not, the American tax payers will be providing a pension to a billionaire by law.
Of course Congress should pass a similar bill on themselves as well.
And I am still bleeding the tax payer …
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.
My personal belief is that all pensions should be done away with, except for the men and woman of our military. It is a means of payment that is long since obsolete. If presidents want to go on the speaking tour and some company is ignorant enough to pay $400K, so be it. However, the American people should never have to foot the bill of a pension of millionaires. That goes for Congress also. These positions were never intended to be a full time job forever. That is never what The Founders envisioned.
“The basic premise here is, if they want to go fishing in Utah for the rest of their lives, they can do that. They will be well compensated for the rest of their lives,” Chaffetz said. “If they’re going to make millions of dollars, the taxpayers shouldn’t have to subsidize them.”
Why are the American people paying pensions to millionaires? Who honestly thinks this makes any sense, no matter what political party the former president belongs to. Who thinks the Bush’s are hurting for money? How about the Clinton’s?
Under the Former Presidents Act, the nation’s five living former presidents — Jimmy Carter, George H.W. Bush, Bill Clinton, George W. Bush and Obama — get a pension equal to the salary of a current cabinet secretary: $207,800 in 2017. They also get $150,000 to pay staff, and “suitable office space, appropriately furnished and equipped.”
In 2015, the entire benefit package ranged from $430,000 for Carter to $1.1 million for George W. Bush.
With Obama joining the club as of Jan. 20, the 2017 spending bill approved by the House Wednesday contained nearly $3.9 million for all the former presidents through Sept. 30 — a $588,000 annual increase.
OBAMA’S DO AS I SAY, NOT AS I DO AGENDA … I THOUGHT HE CONSIDERED WALL STREET EVIL?
What a fraud and hypocrite. Former president Barack Obama, the man who railed against the evils of Wall Street, now is accepting speaking appearances and the fees are ridiculous. Even as Obama is facing criticism for getting $400,000 for a speech to a Wall Street bank Cantor Fitzgerald, he pocketed the same amount of money for a second speech, with an A&E event. What a joke. Oh yeah, Obama is for the little guy and against the big banks and Wall Street firms. Sure he is. Hey Dems, how do you like your Obama now? He has decimated your party, resided over the loss of both the House, Senate, governorships and thousands of politicians in State Houses and now as a private citizen, does the very thing he said was evil. What happened to all that class warfare and the have and have-nots?
Even as President Obama faced criticism for getting $400,000 for a speech to a Wall Street bank, he pocketed the same amount of money for a second speech, The Post has learned.
Obama made another $400,000 on Thursday when he appeared at the A&E Networks advertising upfront at The Pierre Hotel. He was interviewed over 90 minutes at the Midtown Manhattan event by presidential historian Doris Kearns Goodwin in front of the cable network’s advertisers.
Obama says Show me the money!!!
Far left Sen Elizabeth Warren (D-MA) says she is troubled by Barack Obama’s decision to accept $400,000 from a Wall Street firm to speak at a health care conference this fall.
“I was troubled by that,” she said.
That was the extent of her comments aimed directly at Obama. She quickly launched into a broader discussion of her views of the corrupting influence of money in Washington.
“I describe it as a snake that slithers through Washington. And that it shows up in so many different ways here in Washington,” she said, referencing her just-published book, “This Fight Is Our Fight: The Battle to Save America’s Middle Class.”
“The influence of dollars on this place is what scares me,” she continued. “I think it ultimately threatens democracy.”
While Warren’s critique was a far cry from the withering criticism some on the left have leveled at Obama, it’s rougher than anything she said during the 2016 campaign about former secretary of state Hillary Clinton’s acceptance of hefty speaking fees from Wall Street firms.
Flashback: Obama Mocks Trump For Suggesting He Can Bring Jobs Back … Guess What 235,000 Jobs Created in First Month of Trump Presidency
REMEMBER WHEN THIS FOOLISH PRESIDENT MOCKED TRUMP ABOUT CREATING JOBS?
Remember during the 2016 presidential campaign when Barack Obama mocked candidate Donald Trump for his ability to bring jobs back and create them. Like everything during the Obama years, it was all one big joke, made by Obama who could have cared less to have America employed or help the hard working men and women of America find a good paying job. Obama mocked Trump by saying, did he have a magic wand. Hmm, I guess Trump did have a magic wand and an answer. You Obama, had none.
Take a look at the ADP jobs numbers for February where 295,000 were created and the government jobs number of 235,000 jobs created. It would appear that President Trump knows exactly what he is doing and Obama did not have a clue. Obama wanted America to get used to no jobs growth stating that’s just the way it is and President Trump wants to Make America Great Again!!!
Mark Levin on Fox & Freinds Weekend Says the Evidence is Overwhelming of Obama Wiretapped Trump (VIDEO)
CONSERVATIVE TALK RADIO HOST, THE GREAT ONE MARK LEVIN, SAYS EVIDENCE OVERWHELMING …
On Fox & Friends Sunday, Conservative radio talk show host provided the step by step evidence that the Obama administration wiretapped Trump and stated that the evidence was overwhelming. A sitting president is investigating a presidential candidate of the other party. Hmm, how Nixonian. One thing is for certain, this needs to be investigated. The sad reality is the MSM will just run cover for Obama, when they should actually be trying to find the truth.
Sunday on Fox News Channel’s “Fox & Friends,” while discussing President Donald Trump’s tweets accusing the former Obama administration of wiretapping Trump Tower before the election, conservative radio talk show host Mark Levin broke down the wiretapping reporting.
Levin said, “Well, a pleasure to be here. The evidence is overwhelming. This is not about President Trump’s tweeting. This is about the Obama administration spying, and the question is not whether it spied. We know they went to the FISA court twice. The question is who they did spy on and the extent of the spying that is the Trump campaign, the Trump transition, Trump surrogates.”
President Donald Trump Tweets Obama Wire Tapped Him …”Terrible! Just found out that Obama had my “wires tapped” in Trump Tower just before the victory. Nothing found. This is McCarthyism!”
IF THE MEDIA WANTS ITS WATERGATE, HERE IT IS … DO YOU HAVE THE GUTS TO INVESTIGATE IT?
This morning President Donald Trump tweeted out the following bombshell … that the Obama Administration “wire tapped” the Trump Towers during the election. Whether this is true or not, this begins to make some sense. As Rush Limbaugh stated the other day, Obama was waging a silent coup by setting land mines along the way as he was in his way out the door. It would make sense that there were wire taps as how has there been so much so-called info on Trump admin individuals. Then there is of course the crimes that are being committed by the purposeful, wanted and intended leaks to the media. This entire anti-Trump attack was obviously a concerted and planned event. So who do you think was responsible for such a “community organized” coup?
Here is your Watergate MSM, it just happens to be a Democrat who appears to have been committing the crimes, do you have the guts to do your job and fairly investigate this story? Or are you going to just act like the liberal sycophants that you are and defend Obama? This is what you have been waiting for all your lives, its worse than Watergate … do your job, or just shut up forever.
Yup, just like Obama never had anything to do with or knew noting about “Fast & Furious” or the fact that conservative Tea Party non-profit organizations were targeted by Obama’s IRS. Former Obama foreign policy adviser Ben Rhodes tweeted earlier in the day that: “No President can order a wiretap. Those restrictions were put in place to protect citizens from people like you.” I guess it all depends on what is, is. Its not the president who ordered the wire tap, its was one of his minions.
Former President Obama on Saturday denied President Trump’s accusation that Obama had Trump Tower phones tapped in the weeks before the November 2016 election.
“Neither President Obama nor any White House official ever ordered surveillance on any U.S. citizen. Any suggestion otherwise is simply false,” said Kevin Lewis, a spokesman for the former president.
UPDATE II: The Democrat media complex comes to the defense of Barack Obama and uses the term “false”.
At this point we have no idea is this story is tru or false, yet some how the MSM already knows that it is false. We know that there was a FISA request. The MSM should want to be all over this story to find the truth. Yet, they have already determined that its a false comment. HOW THEY HELL DO THEY KNOW ITS FALSE? If the situation was reversed they would already be looking to impeach Trump.