by Nomad
Last month, I saw an article that I have been meaning to pass along to you.
First, here's some information about what it means, financially speaking, to be an ex-president.
The Financial Joys of Being an Ex-President
According to CNN, when a president leaves the White House he remains on the government payroll, receiving an annual pension of about $200,000, health care, paid official travel and an office. The rent on a office fit for an ex-president has to impress and therefore tends to be both swanky and pricey. (The rent on Clinton's New York City offices reportedly run at half a million.)
All of these it's probably needless to say are taxpayer-funded benefits.
Even for a person as illiterate and as bumbling as George W. Bush, apparently there are plenty of people out there that still can't get enough of the man. His last book, (in which he boasted-among other things- of authorizing torture) reportedly earned him $7 million for the first 1.5 million copies of "
Decision Points." (Without the benefit of the
conservative book selling tricks, Clinton bested Bush with his own memoirs which netted him $15 million advance.)
Then there is the speech-making circuit. It's not exactly hard work but it is an easy way to earn a year's salary in a day. George Bush, since leaving office has made a tidy fortune.
Getting Motivated!
Ok, now for the story I was telling you about.
Joseph L. Flatley, writing for
Whowhatwhy.com, learned how former president George W. Bush found another way to supplement his income since he moved out of the White House. (Although it is not particularly
new news, I thought you'd find it interesting.)