Just like any good Marxist, former US “Presidente” Barack Hussein Obama is planning on cashing in on his Liberal Messiah status, like never seen before. He is taking a 6 million dollar deal for another one book in the series of his books of lies. He is planning on charging $400,000 per speech he gives to his buddies in the banking industry and to add insult to injury he’s planning on taking his $200,000 pension as former US president from the already highly overburdened American Taxpayer. God Bless the capitalism this charlatan has rained against all his life.
But let’s not forget the Republicans now fully control all branches of government. It’s being reported that Republican-led US Congress is now contemplating canceling President Obama’s pension because of the huge amount he is currently charging for his speeches. Past presidents receive a pension of $207,800 per year. Republican lawmakers are now considering passing a law that would take away that income if the former president makes more than $400,000 in annual income. If that income were to shrink below the $400k level then the pension would kick in once again. Republicans already passed a bill like this last year but then President Obama quickly vetoed it. Gee, I wonder why?Even the liberal rag called the New York Magazine Reported on this:
Even the liberal rag called the New York Magazine Reported on this:
“Last October, House Oversight Committee Chairman Jason Chaffetz was so excited about continuing to investigate Hillary Clinton in her new role as president that he couldn’t help but gush to the Washington Post. “It’s a target-rich environment,” Chaffetz said. “Even before we get to Day One, we’ve got two years’ worth of material already lined up. She has four years of history at the State Department, and it ain’t good.”
Then, of course, Donald Trump was elected and the Utah Republican found himself with very little to do. Soon Chaffetz grew restless, and last month he announced that he may leave before the end of his term. Then, a week ago, he said he actually had to leave immediately to undergo surgery for a 12-year-old foot injury, and may not return to Congress for some time.
But Chaffetz, who’s still using a wheelchair, is already back in Washington, since GOP leaders are having a hard time rounding up enough votes to gut Obamacare and its protections for people with preexisting conditions. And though he’s still recovering, Chaffetz suddenly seems fired up about presidential oversight — when it comes to Barack Obama.
The former president has taken flak for accepting $400,000 to deliver a Wall Street speech in September, and USA Today reported on Wednesday that Congress may go after Obama’s $207,800 annual pension.
“The Obama hypocrisy on this issue is revealing,” Chaffetz told the paper. “His veto was very self-serving.”
The oversight chair then tweeted out the headline and a link to the story, with the note, “Yes, it will.”
To be fair, Chaffetz has been interested in limiting benefits for former presidents for some time, and the issue has bipartisan support. In 1958, Congress passed a law giving ex-presidents a pension and money for staff and office space after Harry Truman had to take out a loan, sell property, and publish his memoirs to support himself. Thanks to the paid-speaking circuit, today no former president is at risk of going broke, and last year Congress sent President Obama legislation, sponsored by Chaffetz, that would reduce payments to former presidents once their outside income exceeds $400,000.
Obama surprised Congress by vetoing the legislation last summer. White House Press Secretary Josh Earnest explained at the time that he was worried that the bill “would immediately terminate salaries and all benefits to staffers carrying out the official duties of former presidents — leaving no time or mechanism for them to transition to another payroll.” Earnest said Obama wanted to reform presidential pensions and would sign the bill if Congress made “technical fixes.” Lawmakers didn’t submit new legislation or attempt a veto override.
President Trump hasn’t taken an official position on the issue, but during the campaign he promised to “work on” reforming benefits for former presidents.
Republican Representative Jason Chaffetz from Utah and Republican Representative from Iowa Sen. Joni Ernst are once again teaming up to reintroduce this common sense bill. It’s obvious the bill will pass and that since current President Donald Trump will quickly sign it since he isn’t even taking a salary as president.
How much longer will the American people allow themselves to be robbed by these charlatans who spend billions to get a job that only pays $400,000 a year? Barack Hussein Obama was worth 2 million dollars the day he was elected to the US presidency. On the day he left he was worth over 20 million. $400,000 x 8 years = 3.2 million dollars before taxes. Can someone explain to me how this happens?
FOLLOW us on Facebook at Freedom Daily!