Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Morgan in Denver
I said the Bushes. Both of them cashed in big time on their Presidencies, both personally as well as donations to their libraries.

On talk circuit, George W. Bush makes millions but few waves

Since 2009, the former president has given at least 200 paid speeches, typically pocketing $100,000 to $175,000 per appearance.

Dubya's Quiet $15 Million Payday

Other historians say Bush’s ride on the lecture circuit has become somewhat commonplace for former presidents, but is still troubling.

“It’s one thing to stay out of the public realm, which George Bush has said he wants to do,” said Julian Zelizer, a presidential historian at Princeton University. “But then he goes on the speaking circuit and makes enormous amounts of money giving lectures mostly to corporate groups and other select audiences. Some Americans can find this distasteful.”

Zelizer added: “We’re in an era where there are countless fears about money and politics. I think former presidents have to be careful about what they’re doing with their speeches. For some people it’s another version of the revolving door between Capitol Hill and K Street.”

Bush’s father, George H.W. Bush, and his predecessor, Ronald Reagan, also gave paid speeches. Reagan took heat for accepting $2 million for two speeches in Japan. But Bill Clinton took the ex-presidential lecture circuit to a new level. He earned $65 million in speaking fees from 2001 to 2009, according to a CNN review of Secretary of State Hillary Clinton’s financial disclosures. That included $7.5 million from 36 speeches in 2009 alone.

Bush 41 joined the Carlyle group in 1993. In the fall of 2003, Bush Senior finally resigned from the Carlyle Group as the accusations of family war profiteering grew louder. However, according to the Washington Post, he still retained stock in the firm and gave speeches on its behalf for a fee of $500,000.

Bush 41’s presidential library received donations from a sheik from the UAE, who contributed at least $1 million, the “state of Kuwait, the Bandar bin Sultan family, the Sultanate of Oman, King Hassan II of Morocco and the amir of Qatar. The former Korean prime minister and China also gave tens of thousands of dollars to the library.”

301 posted on 01/24/2016 8:52:53 PM PST by kabar
[ Post Reply | Private Reply | To 291 | View Replies ]


To: kabar

Thank you for the information. Getting funds to support or grow their presidential libraries is one thing but what Clinton did, does, is much worse, IMHO. That’s what came to mind when I read your post.

I also know Bush 43 has done extensive charitable appearances and work without cameras present, which furthered my opinion that he was not gaming the system the way Clinton has done.

I would be the farm that 0bama will set new records on this in the years to come.


305 posted on 01/25/2016 6:30:07 AM PST by Morgan in Denver (Democrats will say or do anything since the end justifies the means.)
[ Post Reply | Private Reply | To 301 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson