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In reply to the discussion: Report: Bush's $80K phone bill [View all]SoutherDem
(2,307 posts)29. I heard about Presidential Pensions just this past Saturday
From what I understood before Truman there wasn't a pension. But, he was broke and unlike others didn't want to cheapen the office by endorsements, selling speeches, and "writing" books. Likewise, ex presidents can't go to work at the local JCPenney.
So, they created the pension, and an expense account because they are still representing the U.S.
Well, if they still felt it would cheapen the office a pension is fine. But, they don't feel that way anymore, they are making money right and left on the name of the office. We have given them a way to make millions that should be pension enough.
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He probably has a company doing robo calls for library donations and what not..
snooper2
May 2012
#6
No President should die in poverty, but they shouldn't they live as Kings, either . . .
Journeyman
May 2012
#4
Not remotely close. That would be $16 Trillion over 8 years. From the US Treasury online,
24601
May 2012
#14
Nice joke, I'm laughing. For all of Bush's faults,and there are plenty, inhibiting oil production
24601
May 2012
#38
If you adjust the numbers adding a year on each end of the timeline, Bush's annual increase was
24601
May 2012
#37
I don't think any former legislater or president should get any stipend after leaving office.
PavePusher
May 2012
#9
He could also get the cable telephone and pay 30.00 per month and have all the calls he'd
shraby
May 2012
#12
Part of the problem is that the life expectancy for ex-presidents has sky-rocketed
starroute
May 2012
#27