GrayZoneProject.com By Ben Norton Fri., Nov. 30, 2018
Barack Obama urged bankers to thank him for helping make them so much money during his tenure as president. He also boasted of turning the US into the world’s largest oil producer, while surrounded by wealthy Republicans in tuxedos.
Obama made these appeals for elite adulation at a lavish gala hosted by former Secretary of State James Baker. His comments came just a few hours after he met with former Republican President George H. W. Bush at his home in Texas.
If there was any single event that captured Obama’s centrist, neoliberal capitalist politics, it was the former Democratic president’s oligarch lovefest in Houston on November 27.
At this sumptuous black-tie gala, Obama talked the 1,100 elite guests into raising a staggering $5.4 million, in just one night (at an average donation of nearly $5,000), for Rice University’s centrist, pro-corporate Baker Institute for Public Policy, the honorary chair of which is James Baker.
Baker quipped that Obama would be getting paid 10 percent of the $5.4 million in donations. It is unclear how much Obama raked in for this specific speech, but given the $400,000 fees the ex-president has charged Wall Street firms to speak since leaving the White House, Baker’s joke might not have been far off.
After begging for the gratitude of the ultra-rich, Obama and Baker rattled off a series of platitudes about the importance of “bipartisanship.” The Baker Institute described the event as a discussion of “political civility.”
The two did not once mention the name of President Donald Trump in their more than 30-minute discussion.
Full article here: https://grayzoneproject.com/2018/11/30/obama-wall-street-thanks-gala-james-baker/#more-1296