Posted on 09/05/2016 2:51:50 PM PDT by Sub-Driver
Lucrative Book Deals Might Finance the Obamas’ Post-White House Life
White House Letter
By GARDINER HARRIS SEPT. 4, 2016
WASHINGTON — After he is out of the White House, President Obama has said that he wants to become a venture capitalist, own part of an N.B.A. franchise and avoid taking off his shoes during security screenings at commercial airports.
All of those goals, serious or not, might soon be achievable if Mr. Obama and his wife, Michelle, sign post-presidency book contracts for what literary agents and major publishers say could amount to $20 million to $45 million — more than enough to pay the estimated $22,000 monthly rent for the nine-bedroom home they will occupy in the Kalorama neighborhood of Washington and foot the bill for flights on private jets. (Mr. Obama has said he would like to avoid commercial flights once he surrenders Air Force One.)
“His is going to be easily the most valuable presidential memoir ever,” said Raphael Sagalyn of the ICM/Sagalyn Literary Agency, who predicted that Mr. Obama could earn as much as $30 million with a two- or three-book contract. “And I think Michelle Obama has the opportunity to sell the most valuable first lady memoir in history.”
(Excerpt) Read more at nytimes.com ...
ouch
“Lucrative Book Deals” for politicians = political payoffs/delayed bribes.
This does not include politicians who actually sell books to individual buyers.
Isn’t it illegal to profit from books, films, etc. about your own criminal activity?
Okay, al baby, you made my eyes tear up with laughter. :)
nah, obozzo has the goods on the clintons, free money for life
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