- Bernie Sanders: “I wish the President would not be giving a speech like this.”
- Elizabeth Warren calls the influence of money as “a snake that slithers through Washington and that it shows up in so many different ways here in Washington.”
In 2009, newly elected Barack Hussein Obama blasted “fat-cat bankers on Wall Street” and eight years later, just three months after he left the office, Obama has agreed to a $400,000 payout for a speech to investment bank Cantor Fitzgerald in September.
When socialist Bernie Sanders ( who owns three homes ) was asked by CBS what he thought about Obama taking $400,000 for a Wall Street speech, Sanders told CBS, “I wish the President would not be giving a speech like this.”
A few days ago, Elizabeth Warren said she’s ‘troubled’ by Obama’s $400k speaking fee.
“I was troubled by that,” she said. “The influence on dollars on [Washington] is what scares me. I think it ultimately threatens democracy … we have to think about what the tools are to fight back against it.” Warren calls the influence of money as “a snake that slithers through Washington and that it shows up in so many different ways here in Washington.”
Bur don’t be fooled by Warren’s anti-bank rhetoric. She doesn’t mind getting money from them too. Elizabeth Warren receives donations from Wall Street.
The Free Beacon reported:
Warren isn’t free from the industry either. Since she ran for Congress in 2011, she has collected more than $630,000 from individuals in the securities and investment industry, making it the sixth highest industry in political donations to her campaigns.
Warren also has received major backing from lawyers and law firms that represent Wall Street interests. $2.3 million in contributions have poured from the sector to her campaign’s coffers, the second most of any industry only behind those who are retired.
Individuals who work at law firms that are in her top 15 donors provide services to financial institutions and corporations that deal with bankruptcy, corporate restructuring, securities litigation, and white-collar crime.
Brown Rudnick LLP, an international law firm that focuses on high-stakes litigation with offices in New York, London, Boston, and Washington, D.C., has employees that have given nearly $70,000 to Warren’s campaigns, enough to put them in her top ten donors.
CBS: “President Obama is going to speak at an event here in New York, a Wall Street investment bank for a $400,000 fee. You were critical of Hillary Clinton for taking money like that. What do you say about President Obama making an even larger fee?”
Bernie Sanders: “Look, President Obama is a friend of mine…I think at a time when people are so frustrated with the power of Wall Street and the big money interests, I think it is unfortunate that President Obama is doing this….Wall Street has tremendous power and I wish the President would not be giving a speech like this.”