A report from El Tiempo, a Colombian news outlet, states that former President Barack Obama will recieve “2 mil millones de pesos” for delivering a speech engaging in an on-stage discussion about leadership strategies at the EXMA Conference in Bogota. Obama’s fee is the equivalent of $594,000 in U.S. dollars
The Colombian news website Publicmetro.co, further reports that conference attendees who want to attend the event and take a photo with Obama will pay 11 million Colombian pesos, or about $3,267.
1. This is ick, not ethics.
But it is ick.
2. I could also argue that it constitutes the appearance of impropriety, just like the Clinton speaking fees did. But I won’t.
But I could.
3. Ex-Presidents Reagan and Ford were excoriated by liberal pundits for accepting similar fees to speak abroad. I will await the outrage from these same sources over Obama’s “cashing in.”
4. This is especially cynical conduct by a former President who once memorably lectured us by saying, “At some point, you’ve made enough money…”
Gee, I wonder what Obama thinks that point is.
5. Nothing in the world stops someone from saying, “You know, that’s just too much. You have better uses for that money, and I’d be embarrassed accepting it. Let’s agree on $150,000 and leave it at that, OK?”
Yes, I believe major corporation CEOs, actors and sports stars should take the same approach.
6. In 1960, before his final season, Ted Williams rejected the Red Sox salary offer and asked them to pay him less, because he had under-performed in 1959.
Pointer: PJ Media