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Taxpayers Give Big Pensions to Ex-Presidents, Precisely So They Don’t Have to Sell Out
"...modern presidents expect to live in luxury after they leave office, and to people with that sense of entitlement, $200,000 a year is chump change. By comparison, the median private pension benefit of individuals age 65 and older was $9,227 a year in 2014 – for those people lucky enough to have a pension in the first place.

"Prominent business consultant Chin Ning Chu, looking back in her 1991 book on Asian business culture, wrote that the Japan speeches “demonstrated to the world that Japan has arrived….[it] put a price tag on the President of the United States.” "
money  pol 
february 2016 by warrenellis
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