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Obama gave Pearson Publishing $350 million to create Commoncore text and Pearson gave Obama a $65 million dollar book deal in return.
Investment Watch ^ | 12/8/19 | Unknown

Posted on 01/05/2020 7:43:50 PM PST by Blood of Tyrants

The Obamas’ $60m book deal has broken all records. From James Patterson to JK Rowling and Pope John Paul II, here are some of their closest rivals.

https://www.theguardian.com/books/2017/mar/01/richest-book-deals-of-all-time-hillary-clinton-james-patterson

Pearson Publishing was paid for Commoncore but Penguin Random House Publishing did the Obama book deal. But there is commonality with the two:

From Wiki:

Penguin Random House was formed on July 1, 2013, upon the completion of a £2.4 billion transaction between Bertelsmann and Pearson to merge their respective trade publishing companies, Random House and Penguin Group. Bertelsmann and Pearson, the parent companies, owning 53% and 47%, respectively.

In July 2017, Pearson agreed to sell a 22% stake in the business to Bertelsmann, thereby retaining a 25% holding.

Quid Pro Quo

(Excerpt) Read more at investmentwatchblog.com ...


TOPICS: Constitution/Conservatism; Crime/Corruption; News/Current Events; Politics/Elections
KEYWORDS: again; bribe; commoncore; kickback; obama; obamabookdeal; obamacorrupt; onemoretime; quidproquo; thanksforposting
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This is one of the reasons that the Rats are impeaching Trump.
1 posted on 01/05/2020 7:43:50 PM PST by Blood of Tyrants
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To: Blood of Tyrants

How much money have sales of Obama’s books made the company?


2 posted on 01/05/2020 7:45:13 PM PST by a fool in paradise (Decade of decision for America)
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To: a fool in paradise

Traitor and criminal , Who knew?


3 posted on 01/05/2020 7:47:19 PM PST by hal ogen (First Amendment or Reeducation Camp???)
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To: Blood of Tyrants

Quid pro quo? Nah.....


4 posted on 01/05/2020 7:47:41 PM PST by Fungi
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To: Fungi

Beat me by 2 minutes.


5 posted on 01/05/2020 7:49:05 PM PST by Perseverando (Liberals, Progressives, Islamonazis, Statists, Commies, DemoKKKrats: It's a Godlessness disorder.)
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To: Blood of Tyrants

bttt


6 posted on 01/05/2020 7:51:10 PM PST by timestax
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To: Blood of Tyrants

22% commission / kickback. A bit high, but it was a big contract.


7 posted on 01/05/2020 7:53:35 PM PST by Pearls Before Swine
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To: Pearls Before Swine

Oops, 18.5%. Right in the 15 to 20% target range.


8 posted on 01/05/2020 7:54:50 PM PST by Pearls Before Swine
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To: Blood of Tyrants

It would be interesting to know also how much money Pearson and CompTia is making since the Obama government started their mandatory certifications for all IT and other select class positions. All administrated by Pearson. And must pay fees and credit s yearly to keep the certifications.

Another interesting fact, some used to be lifetime certifications. But everyone had to switch to the continuing education and yearly payoffs to these companies too keep working.


9 posted on 01/05/2020 7:55:02 PM PST by TianaHighrider (God bless President Trump. Prayers for PDJT and his loyal supporters.)
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To: Blood of Tyrants

Please overlook the typos. Small cellphone in bed at night.


10 posted on 01/05/2020 7:56:48 PM PST by TianaHighrider (God bless President Trump. Prayers for PDJT and his loyal supporters.)
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To: a fool in paradise

Nowhere near $65 million.


11 posted on 01/05/2020 7:56:49 PM PST by Blood of Tyrants (Everyone who favors socialism plans on the government taking other people's money, not theirs.)
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To: a fool in paradise

Is The book covered by this payoff even written yet?


12 posted on 01/05/2020 7:58:24 PM PST by Freee-dame
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To: a fool in paradise

Excellent question


13 posted on 01/05/2020 7:59:07 PM PST by BenLurkin (The above is not a statement of fact. It is either opinion or satire. Or both.)
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To: Blood of Tyrants

Obama did not give. Obama gave taxpayer money from you and me.


14 posted on 01/05/2020 8:00:08 PM PST by mfish13 (Elections have Consequences.)
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To: Blood of Tyrants

Color me stunned!


15 posted on 01/05/2020 8:01:46 PM PST by Gay State Conservative (The Rats Can't Get Over The Fact That They Lost A Rigged Election)
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To: Blood of Tyrants

Exactly, Can’t have Trump looking at corruption. Lots of Democrats at stake.

I pray it all comes out.


16 posted on 01/05/2020 8:02:18 PM PST by DannyTN
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To: a fool in paradise

Enough to renew his contract. Just kidding.


17 posted on 01/05/2020 8:04:26 PM PST by fini
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To: mfish13

Book deals like this are another money laundering method.


18 posted on 01/05/2020 8:04:51 PM PST by Blood of Tyrants (Everyone who favors socialism plans on the government taking other people's money, not theirs.)
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To: Blood of Tyrants
do I really have to say it???

19 posted on 01/05/2020 8:05:44 PM PST by Chode (Send bachelors and come heavily armed.)
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To: Blood of Tyrants

Wonder how much the Obozo got kicked backed on his $600 million to the friend of Mechelle’s Canadian computer company to upgrade the WH computer system. Several US computer companies said they could have done that job for $150K, total. I wonder how much the Obozo got kicked back from the $150 billion he gave Iran. That’s why Obozo now owns three multi million dollar mansions. He looted the tax payers just like too many other elected officials in DC. Trump is trying to put a stop to that practice and that is the reason at the heart of why the DC establishment has to remove him from office.


20 posted on 01/05/2020 8:14:53 PM PST by drypowder
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