After his billionaire vacay, Obama cashes in at the speech trough

For ordinary Americans, the one way you draw a $400,000 paycheck is to do something to create value.  This is the story of very hardworking small businesses everywhere.  As one wag put it several years ago in a book title, the first $20 million is the hardest. Then there's Obama, fresh off his billionaire vacation over in Tahiti at Marlon Brando's exclusive hideaway estate, now drawing his first $400,000 paycheck for a...speech, from Wall Street firm Cantor Fitzgerald.  Cue the music: We're in the money, come on, my honey Let's spend it, lend it, send it rolling along Nice work if you can get it.  And Obama is far from the only ex-official who's done it.  The Bush family was the first group of politicians I was aware of that played this game.  My savvy auto executive uncle in Michigan explained to me as a kid that this was very likely a disguised sort of bribery. Obama has just demonstrated a capacity to take...(Read Full Post)