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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FACT:

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Today, reader support makes up about two-thirds of our budget, allows us to dig deep on stories that matter, and lets us keep our reporting free for everyone. If you value what you get from Mother Jones, please join us with a tax-deductible donation today so we can keep on doing the type of journalism 2020 demands.

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