Obama spokesman defends reported $400,000 Wall Street-backed speech

by Fox News
April 27, 2017

A spokesman for Barack Obama spoke out Wednesday against critics who called out the former president for reportedly accepting a $400,000 speaking fee, backed by a Wall Street bank.

Eric Schultz, the spokesman, said that in 2008, then-candidate Obama pulled in more money than any candidate in history, and went on to “implement the toughest reforms on Wall Street since FDR.”

Fox Business reported that Obama has agreed to speak at a Wall Street conference run by Cantor Fitzgerald LP. The speaking fee will be $400,000, which is nearly twice as much as Hillary Clinton, his secretary of state, and the 2016 Democratic Party candidate, charged private businesses for such events.

Obama has agreed to speak at Cantor’s health care conference in September and will be the keynote luncheon speaker for one day during the event, people at the firm told Fox Business. These people say Obama has signed the contract, but the company, a mid-sized New York-based investment bank, is waiting to coordinate with the former president before making a formal announcement.

49 Comments - what are your thoughts?

  • Pete Bundy says:

    Well it seems like it does pay to lie. Of course everything he has said has been a lie so nothing new here.

  • Mr. Ed says:

    The hypocrisy reaches new heights. “Magic Negro” indeed! LOL

  • BackingTrump says:

    What the d**m hell are the wall st lunatics doing with our/my money. The money they paid that idiot could have been more profit to us!

  • Bob says:

    Good thing he’s a liberal. Otherwise he would be called on the carpet by the MSM and all others for accepting a payment like this.

  • Christopher Konway says:


    1. The Redhawk says:

      FIT the BJ Barry for a one PIECE ORANGE SUIT with NUMBERS on iT!
      And put him with BUBBA so he can REvive his dreams as a tranny Mary

  • Webb says:

    Capitalism is Great…
    But Obama Like other Liberals in the Limelight, Vilify Wall Street with their Hands Held Out…

    1. The Redhawk says:

      nEXT he’ll be LOBBYING for SOROS 2.1 miles away from the WH and close enough to BUY (D) PARTY NAZI SCUMBAGS and activate whatever “MOLES” he has left in GUMNIT

  • The Redhawk says:

    Well 8 Years of ZERO borrowing RATES under Obama , WS getting RICHER by the SECOND…Heck $ 400,000 is just a pay back .. Bhozo will not even need a telly Prompter to avoid SCREWING up whatever he’ll LIE about and his “spokesman’ is just a paid Hypocrite to COVER up the BIG Hypocrite .. the BIG wigs of WS will probably be to STONED to know what BHOZO will say..

    1. kbfallon says:

      The money is a form of “hero worship” from them ……take a calculater and divide 400,000.00 by 60 min. and it comes out to 6,666.666666——!!! Interesting!

  • Mary Moore says:

    Can’t understand what he could say that anyone would pay a dime for.
    Will he have his teleprompter? He stumbles all over himself without it.

    1. The Redhawk says:

      He just may fall stepping on his FLAT FEET

  • gvette says:

    I hope he has it written down. Off the cuff he stutters like a fool!

    1. The Redhawk says:

      “like a fool” ?? really?? He is an IDIOT!
      But I am sure that SOROS may have had Written the Speech…

      1. gvette says:

        LOL…he fooled the left, didn’t he.

        1. The Redhawk says:

          Yes and SCREWED “HIS PEOPLE” even MORE along with the Independents and Academaa Graduates with NO JOBS to go to but part time and Low wages…Such a Champion for COMMUNISM!

          1. gvette says:

            Well sir, we saw it, but the left still loves him, and hates Trump. The guy that’s actually trying to fix it now!

          2. dmttbt says:

            I was wondering after seeing where they are saying that Flynn might have committed a crime by being paid to make a speech in Russia, how is it that Clinton (Bill) and others can make speeches and make astronomical amounts of money paid by Russia or some other foreign country and it is suppose to be acceptable. Flynn is in trouble because he is not allowed to do that because he is a former officer of the military. Would being commander in chief be classified as a officer of the military?
            Let’s not forget the brokering by Hillary through the office the tax payers were paying for when she set him up for speaking dates at high fees + they had to make a huge donation to the foundation.

          3. gvette says:

            Good day! You know the same thing I do. When the DemonRATS do it, it’s ok, but when a republican does it, it’s bad. Nothing changes there. LOL…let’s remember, Killlary has been bought, and paid for, by every dictator, and despot in the middle east! She also did well on the uranium sale to Russia, but the republicans are the bad guys!

          4. Bob says:

            “Would being commander in chief be classified as a officer of the military?” Only when trying to evade a civil suit by invoking the “Soldiers Sailors Airmen Relief Act”. Otherwise, you must show disdain and contempt for the Military and it’s members to keep your “Liberal Card” valid.

          5. The Redhawk says:

            In short…Clintons are (D) Nazi party members … end of story as far as the Presstitutes reporting anything Negative on these two TURDS

          6. The Redhawk says:

            Well sir it gives credibility to the Suspicions that they “save their brains in PICKLE JARS” and then go vote empty headed….

          7. gvette says:

            LOL…I can’t argue that point!!

          8. The Redhawk says:

            and in addition I also have a theory that all members of Congress of the (D) Nazi party go to “work” ( really) with the same EMPTY Head Syndrome!! Brains in Embalming Fluid speciemen jars in home shelves

          9. gvette says:

            Once again, I can’t disagree. Remember when Hank Johnson said Guam will tip over? I’ll give you the link so you can have a laugh.

          10. The Redhawk says:

            Oh I saw it the First time….What impressed me the most was not the MORON .. that was a given. The Discipline demonstrated by those Navy and Marine Officers NOT to BURST out Laughing was ADMIRABLE….IMAGINE the LAUGH that nIght at the O CLUBS and Enlisted men Clubs and in many REAL MEN’s BARS…I went through a frew Brewskies wit Buddies laughing all the way

          11. gvette says:

            It was funny. The first time I saw it, I was in just utter amazement, that a politician could be that stupid. Then I thought about the mentality of the asshats that voted for him!
            You’re right, I’ll bet they were just having fun with that night!

          12. The Redhawk says:

            that “JOHNSON” replaced anoter Asshat from the same district who was “dismissed” from Congress …So just to prove how DUMB Voters can make things WORSE they Elected the Biggest Dick Head they could find

          13. gvette says:

            and people wonder why congress is so dysfunctional!

          14. The Redhawk says:

            On the Smart Side… and NOT judged by the DUMBASSED ‘Popular voters” … Many of US no longer wonder…. Next we must give Trump a 61 Vote filibuster proof Senate

          15. gvette says:

            That my friend may be the only way he’ll be able to do anything. As Schumer said, he’s going to block everything Trump tries to do.

          16. The Redhawk says:

            Schumer the ASSHAT CLOWN is just Repeating some thing like McConnell said…..NOT able to be Original about ANYTHING by Being as ASSHAT CLOWN

          17. gvette says:

            LOL..as McConnell is a RINO, I agree!

          18. The Redhawk says:

            THUNE for Maj Leader

  • alfy says:


  • rightsright says:

    He can send that to one of the many foreign countries where he is stashing his billions he received for his contributions to the destruction of America. Let me see, Iran, Cuba, Pakistan, Russia, N. Korea, just to mention a few. Obama is evil and I am still waiting to see a real raised seal birth certificate and question why and how he has gotten away with not proving he is a U.S. citizen let alone a natural born U.S. citizen.? Trump disclosed his financial records as required to run for President and was NOT obligated to release his taxes, but that is all you hear about while Obama did not have to prove that he is a U.S. citizen. So just who do you think is running America? Certainly not Americans! Trump is up against a hate group of foreigners and wimpy Americans with more money then they need to destroy us, and it’s really hard to do what he is doing but he is doing it!

  • Richard Bagenstose says:

    i could care less just tax it , 399,999 dollars, that will leave him 1 dollar, spread the wealth , let him find out what it feels like to pay his fare share , same with all these liberals , they want to give away free stuff , then tax them at 99.9%

  • Rick D. says:

    And this is the same Obozo who claimed that he was not going to have anything to do with the “Fat Cats on Wall Street”?

    1. Ramon1710 . says:

      And “wasn’t going to take any vacations,” prior to blowing $90 million of taxpayer’s money over eight years on vacations for himself and his entourage.

      1. Rick D. says:

        As an example of the liberal double standard, if one criticizes Obozo, he’s accused of being a racist; if you criticize Trump or a Conservative, you’re “exercising freedom of speech”.

        1. Jennierjohnson says:

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  • Ramon1710 . says:

    Eric Schultz, the spokesman, said that in 2008, then-candidate Obama pulled in more money than any candidate in history, and went on to “implement the toughest reforms on Wall Street since FDR.”

    How about established and presided over the most screwed up economy since FDR?

    Schultz, like Ovomit, and Gibbs & Carney before him, is a living turd.


  • Humble Servant says:

    All he has left with is his love of money. Little does he know that he can’t take it with him when he dies. I feel bad for the people paying for his distasteful speaking of America. He is the only one he can blame for the shambles it is in. He spent 8 yrs trying to destroy it and he did a pretty good job at it. His time on earth is limited just as mine is so he will be able to pay his share when he goes. God help him….

  • Raymond J Ambrozaitis says:

    Why does it matter what President Obama gets for a speech? He is not running again and is a private citizen now. Only the dumbest of deplorables would even attempt this as an issue

    1. Seeking only the truth says:

      Agreed, if some wall street bank is stupid enough to pay Obama for a speech, it is their business.

      1. dondehoff says:

        “Seeking”, it has to be obvious that such a “fee” has to be for something far greater than just a speech. I suggest the FBI do their homework and “follow the money trail”, and we just might find out who is behind all of the seditious activity.

    2. Webb says:

      Obama as you state is now a private citizen…Money Made and paid by whoever is their business.
      Yet as many Liberals that Vilify Wall Street, will stand in line to receive Big Paydays from Wall Street…
      Public or Private…Obama is a Hypocrite, Period!

      1. dondehoff says:

        Webb, not so, if it was used to assist those who are planning the overthrow of this great Republic and freedom way of life.

    3. Oldawg70 says:

      Actually Ray, no human on this earth is worth $400K at a speaking engagement…period! The only reason for a business to pay that amount would be for a “return favor”! Many politicians from both parties have been involved with this blatant rape of the people they are supposed to represent. So…that must classify me as the dumbest of deplorables…still far and above a mindless liberal!

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