Right up until Gerry Ford, American presidents routinely refused any kind of directorships, paid lecture tours, or other opportunities to commercialize the office — instead, they relied upon the generous presidential pension, currently at $200k/year plus a staff and expenses.
(This is the pension that Hillary Clinton says left her and Bill “not only dead broke, but in debt” when President Bill Clinton left the White House in 2000.)
Before Ford, presidents made a big deal out of the necessity of staying out of the private sector. Here’s Truman: “I could never lend myself to any transaction, however respectable, that would commercialize on the prestige and dignity of the office of the presidency,”
#Election2016 #Clinton #Ford #Reagan #Truman
#FeelTheBern #Sanders Bernie Sanders http://boingboing.net/2016/02/08/how-americas-presidents-star.html Right up until Gerry Ford, American presidents routinely refused any kind of directorships, paid lecture tours, or other opportunities to commercialize the office — instead, they relied upon …
from WordPress https://jamiegraymusic.wordpress.com/2016/02/08/how-americas-presidents-started-cashing-out/
No comments:
Post a Comment