Bowles & Simpson get $40K every time they tell America it can't afford Social Security. [View all]
Every time Erskine Bowles and Alan Simpson talk about how the United States simply cannot afford to offer their citizens a modest income in retirement, they get $40,000.
This is three times the amount that Social Security recipients actually get themselves in retirement, ANNUALLY. Bowles and Simpson get that for an hourlong talk...
Alan Simpson, by the way, gets a fat government pension in honor of his service in the Senate, as well as government-provided health care. I dont begrudge him it. Everyone should have the access to such benefits.
But theres a certain insidiousness to these two very well-off people getting up and railing against how social insurance programs bankrupt the country, and walking away with three times the amount that any senior citizen gets as their Social Security benefit in A YEAR.
We need more exposes on speaking fees. It really is the unseen currency of the elites.
http://news.firedoglake.com/2012/11/28/bowles-and-simpson-rake-in-40000-per-speaking-engagement