Obama Will Be Paid $400K for Speech

Former President Barack Obama will be paid $400,000 to speak at Cantor Fitzgerald’s healthcare conference this September, the Washington Examiner reports.

Matthew Yglesias: “That’s so much cash, for so little work, that it would be extraordinarily difficult for anyone to turn it down… Indeed, to not take the money might be a problem for someone in Obama’s position. It would set a precedent… Which is exactly why he should have turned down the gig.”