This headline sums things up nicely. Classic crony capitalism. But that is what Obama knows.
(From The American Thinker)
So now here is a summary of the Netflix-Obama relationship:
- Netflix CEO raises large amounts of money for Obama in 2012 campaign; Netflix lobbies and gets net neutrality; and then, around 16 months after Obama leaves office, the Obamas get a contract worth $50 million even though they have no experience providing content.
- Since Obama, Netflix, and others are so interested in equality, I am sure they will be glad to list all other similar contracts to the Obama’s with other men, women, blacks, Hispanics, LGBTQ members, and others. They should highlight the contracts with other people with no experience.
- It should be especially degrading to other producers and developers of content who have gone through school, worked their way up, and plied their trade their entire lives to get small contracts that all the Obamas had to do was use the husband’s powerful government-paid position to push through a regulation to get rewarded so handsomely.
I have to hand it to the Obamas. They didn’t set up a fake charity like the Clintons to take the kickbacks or have to give hundreds of speeches to greatly enrich themselves. They just signed a contract and took the money directly.