Is Obama Already Buckraking on Wall Street?

Zbigniew Bzdak/TNS via ZUMA

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Matt Yglesias is pissed:

Former President Barack Obama’s decision to accept a $400,000 fee to speak at a health care conference organized by the bond firm Cantor Fitzgerald is easily understood….

Wait. Obama is raking in $400 grand for a Wall Street keynote address? Really?

There’s something funny here. The report comes from Fox Business Network, and I guess it’s true. But it hasn’t been confirmed or reported by any mainstream outlet. Just lots of conservative sites, who are naturally hooting and hollering about it.

Yglesias makes lots of good points about why Obama shouldn’t do this, and normally I’d sign on. But I want to wait a bit. I wonder if there’s more going on here that we don’t know yet?

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is the first thing despots go after. An unwavering commitment to it is probably what draws you to Mother Jones' journalism. And as we're seeing in the US and the world around, authoritarians seek to poison the discourse and the way we relate to each other because they can't stand people coming together around a shared sense of the truth—it's a huge threat to them.

Which is also a pretty great way to describe Mother Jones' mission: People coming together around the truth to hold power accountable.

And right now, we need to raise about $400,000 from our online readers over the next two months to hit our annual goal and make good on that mission. Read more about the information war we find ourselves in and how people-powered, independent reporting can and must rise to the challenge—and please support our team's truth-telling journalism with a donation if you can right now.

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