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In reply to the discussion: Sanders: Obama's paid Wall Street speech 'distasteful' [View all]Cha
(297,220 posts)192. Yeah, knee jerk... he should have investigated a little further..
Why Obama SHOULD Make That Speech - And Take The Paycheck For It Too
snip//
Cantor Fitzgerald survived both losing the largest single number of employees (658) of any company with offices in the World Trade Center on 9/11 and they also survived the financial crisis because they were NOT engaging in the same reckless behavior as the other financial firms (like Lehman, AIG, et al).
Moreover, Cantor Fitzgerald has done a great deal of philanthropic work in honor of their lost employees. Along with keeping a promise to use 25% of ALL profits they earned for the next 5 years to provide money to each of the original 658 families, they also promised to cover the health insurance costs for those families for 10 years. On top of this, they have continued the legacy of those lost employees, by making charitable donations to help the victims of Hurricane Sandy and of a huge tornado, as well as other acts of kindness.
So Obama, now a PRIVATE CITIZEN, is giving a speech to a firm that survived a horrible tragedy that has impacted life in America in uncountable ways ever since, and who turned their pain into positive action by not only taking care of their own, but helping others as well. They have also recovered as a company, avoided the worst behaviors that led to the 2008 financial crisis (actually profiting in a year when so many larger investment firms folded and hiring when thousands were being laid off), and continue to invest in smart ways (one current project involves connecting people with their own local mom & pop shops).
Basically, Obama is being paid to give a speech to the ONE company on Wall Street that no one should be criticizing. Oh, and by the way hes giving this speech at their annual healthcare conference a subject that Obama cares deeply about and will forever be associated with since his signature healthcare legislation has been dubbed Obamacare. Its also an issue that Cantor Fitzgerald championed even while still reeling from the losses they suffered on 9/11, by promising to cover the health care of the families of their lost employees for 10 years!!
More..
http://www.dailykos.com/story/2017/4/28/1657222/-Why-Obama-SHOULD-Make-That-Speech-And-Take-The-Paycheck-For-It-Too
snip//
Cantor Fitzgerald survived both losing the largest single number of employees (658) of any company with offices in the World Trade Center on 9/11 and they also survived the financial crisis because they were NOT engaging in the same reckless behavior as the other financial firms (like Lehman, AIG, et al).
Moreover, Cantor Fitzgerald has done a great deal of philanthropic work in honor of their lost employees. Along with keeping a promise to use 25% of ALL profits they earned for the next 5 years to provide money to each of the original 658 families, they also promised to cover the health insurance costs for those families for 10 years. On top of this, they have continued the legacy of those lost employees, by making charitable donations to help the victims of Hurricane Sandy and of a huge tornado, as well as other acts of kindness.
So Obama, now a PRIVATE CITIZEN, is giving a speech to a firm that survived a horrible tragedy that has impacted life in America in uncountable ways ever since, and who turned their pain into positive action by not only taking care of their own, but helping others as well. They have also recovered as a company, avoided the worst behaviors that led to the 2008 financial crisis (actually profiting in a year when so many larger investment firms folded and hiring when thousands were being laid off), and continue to invest in smart ways (one current project involves connecting people with their own local mom & pop shops).
Basically, Obama is being paid to give a speech to the ONE company on Wall Street that no one should be criticizing. Oh, and by the way hes giving this speech at their annual healthcare conference a subject that Obama cares deeply about and will forever be associated with since his signature healthcare legislation has been dubbed Obamacare. Its also an issue that Cantor Fitzgerald championed even while still reeling from the losses they suffered on 9/11, by promising to cover the health care of the families of their lost employees for 10 years!!
More..
http://www.dailykos.com/story/2017/4/28/1657222/-Why-Obama-SHOULD-Make-That-Speech-And-Take-The-Paycheck-For-It-Too
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Oh I want him to keep talking because like the other poster said there's a
underthematrix
Apr 2017
#197
He's taking money for a speech from the very people who are fucking the middle class over!
YOHABLO
Apr 2017
#176
You need to get it. Get the real story at the link below. Sanders and Warren owe Obama an apology.
brush
Apr 2017
#279
He wouldn't hold back. He never does. I agree that is where the media should be looking
Tom Rinaldo
Apr 2017
#20
I just have to say...I am done...won't listen to another word that comes out of his mouth.
Demsrule86
Apr 2017
#225
Get the real story of CF in the link below. Sanders and Warren owe Obama an apology.
brush
Apr 2017
#280
You're interested in hearing someone criticize one of the more popular Democratic Presidents EVER?
George II
Apr 2017
#44
No because he is a former Democratic president...and if you care about electing progressives, you
Demsrule86
Apr 2017
#228
He was president then, and no I did not agree but I did not bash him in public
Demsrule86
Apr 2017
#236
This has noting to do with primaries, but yes until we stop Trump, I am fine
Demsrule86
Apr 2017
#245
TPP is one issue - there are hundreds of issues that a President has to deal with....
George II
Apr 2017
#263
Yes, just so you know. But it did not get past the GOP, and Obama is now out of office.
Hekate
Apr 2017
#329
I think we've been thru this before. The senator needs to learn to keep it in-house
brush
Apr 2017
#283
Yeah, I can think if about 650 people who used to work for that company that would feel it's...
George II
Apr 2017
#309
Good try, I said dem base, Russians tried the similar last year ... we didn't by it then either
uponit7771
Apr 2017
#70
Where did that come from? It looks like question #70 of some poll, what were the other 69 or more..
George II
Apr 2017
#246
Pres. Obama's are higher and this criticism can only hurt Sen. Sanders in terms of
Demsrule86
Apr 2017
#237
Your post makes no sense whatsoever...the only regulation of Wall Street was passed by Pres. Obama.
Demsrule86
Apr 2017
#294
republicans and republicans in independents' clothing played a big part last year.
George II
Apr 2017
#262
Sanders and Warren owe Obama an apology. Get the real story on CF from the link below
brush
Apr 2017
#281
Excellent points, thanks for bringing that up. Not your typical "Wall Street" company.
George II
Apr 2017
#46
I was working in the Trust department of a bank on 9/11 and we would get wire transfers
Boomerproud
Apr 2017
#122
The absorption of Russian propaganda by a significant number of Sanders voters is distasteful. I was
blm
Apr 2017
#28
Funnily enough, it was Guccifer crap that opened my eyes wide about the propaganda...
bettyellen
Apr 2017
#31
Most Sanders voters went for Hillary in the general - the ones who didn't sure were vocal though. nt
Lucky Luciano
Apr 2017
#132
i think this is a problem and i would also say the loudest ones don't always have good intentions
JI7
Apr 2017
#181
BS reminds me of a houseguest who immediately moves your furniture around, criticizes the meals...
Hekate
Apr 2017
#145
Nader had his day, in which he did good work. But he changed, and I guess he decided...
Hekate
Apr 2017
#288
Oh come on, who gives a shit anymore WHAT you think about one of the most popular Presidents?
George II
Apr 2017
#38
Why? Why would he do that? What's going on in his head? What's he thinking? How...
NurseJackie
Apr 2017
#41
Someone convinced Sanders his opinion is more needed than it really is. Now he protest too much ...
uponit7771
Apr 2017
#45
Your followers thought likewise about the amount you paid for your lakefront home Bernie
Yo_Mama_Been_Loggin
Apr 2017
#48
Jesus Christ, Sanders, shut the fuck up and go away will you? Sarandon part deux.
NBachers
Apr 2017
#52
Considering the news of the past 24 hours I think Bernie should not judge others. n/t.
hrmjustin
Apr 2017
#54
There's no "however", only Sanders silly ass'd WS speech position against Obama & HRC are "however"
uponit7771
Apr 2017
#86
Hadn't seen that, thanks. So tired of wading through all the misinformation crap.
betsuni
Apr 2017
#91
They've changed the goalposts to "It's not that he's giving a speech, it's WHERE the money
betsuni
Apr 2017
#99
Sanders silly ass'd WS speech position is the can of worms not someone getting paid for work ....
uponit7771
Apr 2017
#83
Yes! That was truly disgusting and showed the man's character. Sanders never fooled me
lunamagica
Apr 2017
#157
from my understanding, that is a pretty far afield mischaracterization of what happened. nt
JCanete
Apr 2017
#211
Senators are prohibited from giving paid speeches. Have to wait till they leave government.
betsuni
Apr 2017
#135
I am proud of Pres Obama! and want him to be FREE!! to do as he wishes no matter the naysayers!
Madam45for2923
Apr 2017
#127
Yeah, this speech thing is the last establishment straw, man. I'm never voting for Obama again!11!
betsuni
Apr 2017
#148
bullshit. What will ruin those middle class lives is those self-identified holier than thou
still_one
Apr 2017
#195
Did he or Warren ask about the topic of the speech before going on the attack?
ecstatic
Apr 2017
#162
Pres. Obama is a private citizen,but your post points out an important problem...
Demsrule86
Apr 2017
#314
That spin is pretty bad.(editing out the ossoff thing, because according to Wapo he has said that).
JCanete
Apr 2017
#214
I tend to stay out of the Bernie/Hillary muck. But, THIS...THIS is just diarrhea of the mouth.
AgadorSparticus
Apr 2017
#205
"I tend to stay out of the Bernie/Hillary muck. But, THIS...THIS is just diarrhea of the mouth."
LenaBaby61
May 2017
#356
I pray all this rancor about Obama on the speaking circuit and earning a check for it goes in
mfcorey1
Apr 2017
#213
I'm sure if someone gave you 400k for a speech you'd be completely nuetral about them, right?
killbotfactory
Apr 2017
#238
changed thought mid sentance. I leave it up just so can giggle about it.
killbotfactory
Apr 2017
#265
Whatever shady shit you're totally not officially accusing Bernie of doing, doesn't excuse Obama
killbotfactory
Apr 2017
#268
there is nothing to excuse about Obama. he is getting paid for a speech . he is one of the best
JI7
Apr 2017
#344
is there a problem with Tom Perez ? a former popular president of the party will always be
JI7
Apr 2017
#343
Do you ever stop to think about what you write? Because this attempt at a point is ridiculous
stevenleser
Apr 2017
#345
No, they don't. Not about policies regarding Wall Street, and certainly not with the current adminis
stevenleser
May 2017
#357
I don't see a problem other than focusing criticism on Obama rather than the psychopath in office.
Doodley
Apr 2017
#240
It might be time...after all he is all about new blood and grass root activism and all.
Demsrule86
Apr 2017
#298
I don't understand Sanders attacking a Democratic president in the age of Trump.
Demsrule86
Apr 2017
#319