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

priceonomics.com

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

#81
As someone who worked at a company that hired HRC to speak, I can speak from experience. We were not buying influence. She was there to impress attendees (e.g., prospective and existing clients) with a speech and photo opps afterward -- same as the other speakers we brought in previously and after.

It's easy to see conspiracies from afar, but the reality -- at least our reality -- was mundane.

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

#82

As someone who worked at a company that hired HRC to speak, I can speak from experience. We were not buying influence. She was there to impress attendees (e.g., prospective and existing clients) with a speech and photo opps afterward -- same as the other speakers we brought in previously and after. It's easy to see conspiracies from afar, but the reality -- at least our reality -- was mundane.

Unless you were the guy writing the check or were present for every phone call and closed door meeting, I'm not sure how you can claim this.

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

#83
post #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-…

Do I think she bends the rules to make money/protect her ass? Yes.

Do I think she bends the rules less than the other guy? I don't know. Probally not?

On a side note, I will probally vote her. Why? Because I don't think Trump will raise tariffs, or can raise tariffs enough to "Make American great again."

That said, I remember, in the 90's, Hillary made close to $100,000 on a under $1000 futures contract. It was supposedly under the "guidance" of the head attorney for Tyson foods. I was in college at the fine, but remember being floored when I heard how much she made in one year. They were middle class Americans when she made that huge amount of money. It must have been a world record at the time?

We talked about it in class, and the instructor said, "I don't think I've ever met a successful investor that didn't get insider information. He said the wealthy/politicians are given preferential treatment. I remember he said Hillary should have been required to have an account of at least $12,000 in order to even play the future's contract she won on.

Anyways, I don't know a wealthy person who didn't cheat in their lives. The ones who claim it was luck/just hard work are in denial.

(I'm personally sick of wealthy people cheating the system. I can honestly state I have never met one that was completely honest. And then again, I most likely will vote for her. I don't want to go back to no insurance, and a bunch of conservative judges. Oh, yea, I remember reading a multiple studies where Supreme Court judges cannot be expected to vote line they did in the past once on that bench. Meaning--conservative judges sometimes ve one liberal ones. So, that isn't high on my radar.)

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

#84

As someone who worked at a company that hired HRC to speak, I can speak from experience. We were not buying influence. She was there to impress attendees (e.g., prospective and existing clients) with a speech and photo opps afterward -- same as the other speakers we brought in previously and after. It's easy to see conspiracies from afar, but the reality -- at least our reality -- was mundane.

Unless you were the guy writing the check or were present for every phone call and closed door meeting, I'm not sure how you can claim this.

I can claim it because that's what my first-hand experience told me -- which is more experience than most. Even if I were in all meetings, you could say I wasn't inside the CEO's head.

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

#85

Earlier quoted context omitted.

Unless you were the guy writing the check or were present for every phone call and closed door meeting, I'm not sure how you can claim this.

I can claim it because that's what my first-hand experience told me -- which is more experience than most. Even if I were in all meetings, you could say I wasn't inside the CEO's head.

Hiring a speaker for prestige and for influence are not mutually exclusive.

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

#86

While Hillary was Secretary of State, Bill's speaking fees from foreign interests dramatically skyrocketed. http://abcnews.go.com/Politics/bill-clinton-cashed-hillary-s... One example of these appears to be related to the uranium deal with Russia, where he bagged $500K. Hillary changed direction and signed off on the deal. http://www.nytimes.com/2015/04/24/us/cash-flowed-to-clinton-... This is not the only form of pa…

Results of the book's sells aren't that shocking if the sells per new book from her past books are accounted for: http://mobile.nytimes.com/2016/09/15/us/politics/clinton-boo...

Is shocking she got 14-million, which seems really fishy to me.

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

#87

Earlier quoted context omitted.

Unless you were the guy writing the check or were present for every phone call and closed door meeting, I'm not sure how you can claim this.

I can claim it because that's what my first-hand experience told me -- which is more experience than most. Even if I were in all meetings, you could say I wasn't inside the CEO's head.

what about federal contracts that we have all been hearing about[1].

> What's more, the investigation revealed that many of the groups had federal contracts or lobbied the Clinton State Department. Some even had direct contact with Clinton or her top aides while she was secretary of state.

1. http://www.usnews.com/news/articles/2016-04-22/heres-who-pai...

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

#88

While Hillary was Secretary of State, Bill's speaking fees from foreign interests dramatically skyrocketed. http://abcnews.go.com/Politics/bill-clinton-cashed-hillary-s... One example of these appears to be related to the uranium deal with Russia, where he bagged $500K. Hillary changed direction and signed off on the deal. http://www.nytimes.com/2015/04/24/us/cash-flowed-to-clinton-... This is not the only form of pa…

Great to see partisan political commentary on HN.

There is no proof of quid pro quo in that Russia uranium deal: http://www.politifact.com/truth-o-meter/statements/2016/jun/...

Also, Clinton sold a lot more than 3000 copies that first week; more like 85000 (still not as good as her prior best sellers):

http://www.thedailybeast.com/articles/2014/06/18/what-do-hil...

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

#89

As someone who worked at a company that hired HRC to speak, I can speak from experience. We were not buying influence. She was there to impress attendees (e.g., prospective and existing clients) with a speech and photo opps afterward -- same as the other speakers we brought in previously and after. It's easy to see conspiracies from afar, but the reality -- at least our reality -- was mundane.

The point of a keynote speaker is to raise the stature of the event. That, in turn, helps fill seats with potential customers.

The clients, not the speaker, are the ones organisers are trying to influence. It stands, however, that said raising of stature comes from the implicit connection the audience is encouraged to make between the keynote speaker (in this case, a politician) and the organisers.

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

#90
My first thought was that someone didn't tell Priceonomics about how attempting to be a policitical influencer runs counter to the goal of being seen as an intelligent source of independent thought... I had thought that was their brand. They really come off as dumb and naive here.

But then I thought, maybe they're interested in getting into the Think Tank game. This might be a sort of tryout.

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