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Why Do Famous People Get Paid $250k to Give a Speech?

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Re: Why Do Famous People Get Paid $250k to Give a Speech?

#41

Earlier quoted context omitted.

> That seems reasonable? Yes it does to me. If they invite many former secretaries of state it seems reasonable to invite this one. Who cares what she's currently working on if that's not why she was invited? The article even says she hardly mentioned her candidacy. If you're desperate to get worked up about this I can see where you would find the problem, but I think a charitable interpretation is a former secretary…

" Who cares what she's currently working on if that's not why she was invited?" Because if you receive piles of money while running for president, and then pass on favours after getting it, we call that 'bribery'. I don't want to sound mean spirited, but your position is incredibly naive. That she is running for president is extremely relevant. Same for all politicos.

> Same for all politicos.

OK, so why are such articles only written for hillary? Why are you so adamantly opposed to Hillary's practices when it is so incredibly common. How much of all this is about corruption and how much is it about bullying females?

Re: Why Do Famous People Get Paid $250k to Give a Speech?

#42

Earlier quoted context omitted.

" Who cares what she's currently working on if that's not why she was invited?" Because if you receive piles of money while running for president, and then pass on favours after getting it, we call that 'bribery'. I don't want to sound mean spirited, but your position is incredibly naive. That she is running for president is extremely relevant. Same for all politicos.

> Same for all politicos. OK, so why are such articles only written for hillary? Why are you so adamantly opposed to Hillary's practices when it is so incredibly common. How much of all this is about corruption and how much is it about bullying females?

Because Hillary Clinton:

A) Is running for President B) Is married to an ex-President, and the most influential man in the world. C) Has a $500M slush-fund into which money from nefarious places is being invested - and it's not controlled by campaign spending laws. D) Money was given to her from individuals (more than 50% of them) that she was dealing with as Sec of State - which is a massive conflict of interest on it's own, and she did give many favours that we know about, and it's just the top of the iceberg. E) She was brought up in the article. F) Is probably the highest paid circuit speaker in the world, or was, up until recently.

None of the above is true for anyone else.

That's why.

As far are your 'picking on women' bit ... oh please, this kind of argument makes my skin crawl. Corruption can't hide behind panties, at least outside of campus 'safe zones' where the facts don't matter. 'But she's a girl' is not an argument.

Re: Why Do Famous People Get Paid $250k to Give a Speech?

#43
In the case of top politicians, it does look very much like a convenient legal way to pay them bribes and/or rewards for "good work".

This article does not really dispel that impression but rather strengthens it. It protests too much. Besides, there is a big difference between $225K for them and the $50K for the merely famous. Whereas $50K might well be the market rate for really inspirational and famous speakers, the additional $175K is for what exactly?

Re: Why Do Famous People Get Paid $250k to Give a Speech?

#44
I am neither a liberal nor a conservative. I'm a libertarian, so I really don't want any of the major U.S. presidential candidates to win.

But some of my political friends in both the right and left have a phrase I was reminded of while reading this article. It's "Vox-splaining"

The idea is that certain news outlets or articles exist based on the premise that those dumb voters! What they really just need is a patient voice to educate them on things. Then they would have correct political opinions. This can lead to really bad journalism where the author spends a lot of time trying to explain something that really doesn't need explaining -- all in an effort to correct misconceptions that nobody really ever had in the first place.

Why do famous people get paid a bazillion bucks to speak? Why, because they're famous, of course! I just plowed through 2,000 words that basically says this in various ways.

Yes, people pay lots of money to be near famous folks. They also pay money for access to famous folks. They pay money to influence famous folks to do things they want. There is no forced choice between these three options, and all can (and probably do) co-exist at the same time in many famous-person speaking engagements.

Every person in a 1,000 person audience probably has a different reason why an expensive speaker is worth it (or not).

My point has nothing directly to do with the Clinton campaign. I'm saying that you can't explain away an appearance of impropriety. We don't need extra education to figure out that sometimes folks pay an Apollo 13 astronaut a lot of money to have him come hang out at their annual civic club meeting. And that education doesn't paint away the glaringly obvious conclusion that when the astronaut shows up, there are all sorts of things that happen with increased access. Even if nothing unethical or illegal happens, in some situations that access doesn't look so good.

So when Bernie asked why anybody would pay that much for a speaker, he was inviting people to come up with various reasons why they would pay that much. This is only logical because after all, the folks buying the speeches and listening to them are doing the same thing. They are asking themselves: how can I make my increased access to this famous person worth it to me? And they all have different answers.

The first rule of ethics is that if it looks bad, it is bad. The reason is because it opens up discussion to people speculating like this -- and this speculation harms the institutions that the famous people represent. I believe the principle is that you are supposed to put the institution you represent above your own desires.

Re: Why Do Famous People Get Paid $250k to Give a Speech?

#45
This article is really about excusing Hillary Clinton isn't it?

By making absurd comparisons to pop-stars who can fill stadiums of paying concert goers.

America really needs to reign in its political class because it risks degenerating into a third-world country where corruption takes a big toll on the wealth of the whole society.

Selling off ambassador's posts for large sum political donations seems to be very well-documented. As is pay-to-play. And yet it seems like American media and populace are just accepting and/or ignoring this.

Re: Why Do Famous People Get Paid $250k to Give a Speech?

#46
post #36

" that’s like asking why anyone would pay Beyoncé or the Beatles a million dollars just to play a few songs " This almost feels like playing dumb. The fact that a legitimate public speaking economy exists and has a dynamic which is not based on payola does not mean that a dirtier side does not. Like other pieces of the money-in-politics puzzle there are legitimate, non-corrupt reasons to hand powerful people 6 figure…

Besides, Beyonce or the Beatles are/were either paid to perform shows (in which case, people except a large return from ticket prices), or are asked by some ultra-rich guy to perform at his party/whatever (in which case it's an extravagant spending).

Re: Why Do Famous People Get Paid $250k to Give a Speech?

#47
post #20

It's a legal way to baksheesh them! Nicolas Sarkozy then a random french president got payed over 200000 euros to give a 15mn speech at a Qatar based event. Qatar did really well in Business with the french since then. That's how it works!

Well this is exactly what fta is about. People also give this kind of money to famous non politicians.

>Well this is exactly what fta is about

No, tfa explicitly downplays this.

>People also give this kind of money to famous non politicians.

Only famous non-politicians have interesting and specific things to say (e.g. someone like Malcom Gladwell, etc). Few care what a politician has to say, after all they hear what they have to say all the time, in interviews, public statements, campaign speeches, etc.

Re: Why Do Famous People Get Paid $250k to Give a Speech?

#48
post #24

Earlier quoted context omitted.

You just reminded me of when I went to a conference and watched Daniel Libeskind talk about a work in progress. I get that famous individuals enjoy talking about their work but this was the first time I nearly suffocated from such an overbearing ego. Which I guess would've been fine if the specific work he was showing was profoundly influential or of high excellence? Instead it seemed like a certain distinct aestheti…

I've recently seen a talk from the world famous photographer chase jarvis. OMG, that was some huge amount of self promoting bullshit, interspersed with some incredibly dull lifecoaching advice. It was bad, really bad.

Heh, my experience with this guy as a consumer has been when he put out a camera app and started a community site, and after making a good buck, abandoned it all, with no updates, no handover of the app, etc.

http://www.chasejarvis.com/blog/the-best-camera-iphone-app-b...

Re: Why Do Famous People Get Paid $250k to Give a Speech?

#49

Earlier quoted context omitted.

Most of the people listed in this article aren't politicians, and so can't enact any laws. And even when they are politicians, it looks like they are almost always retired politicians, who can't enact any laws. Some of them are even counter-establishment figures like satirists and even hackers (in the security sense). Hillary Clinton is a prominent example, but the article's explanation is that she is invited as a re…

Only amateurs bribe any more. Professionals negatively bribe: They sponsor the whole show and just stop giving you money once you oppose.

You'd be surprised.

The distinction you make exists, but it's not about amateurs vs professionals, but obviously about those that can afford it (to "sponsor the whole show") and those who don't.

Smaller businesses and interest groups pay their way into laws the traditional bride way all the time.

Re: Why Do Famous People Get Paid $250k to Give a Speech?

#50

Earlier quoted context omitted.

> Same for all politicos. OK, so why are such articles only written for hillary? Why are you so adamantly opposed to Hillary's practices when it is so incredibly common. How much of all this is about corruption and how much is it about bullying females?

Because Hillary Clinton: A) Is running for President B) Is married to an ex-President, and the most influential man in the world. C) Has a $500M slush-fund into which money from nefarious places is being invested - and it's not controlled by campaign spending laws. D) Money was given to her from individuals (more than 50% of them) that she was dealing with as Sec of State - which is a massive conflict of interest on…

What is this slush fund? Who gave her money when she was Sec of State? Please substantiate these assertions.
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