Bush, Clinton declared ‘fat cats’ in book

Last Updated: Monday, February 9, 2009 - 15:39

New York, Feb 09: The heat is on George W Bush and Bill Clinton to give up their precious perks.

In "Citizen-in-Chief: The Second Lives of the American Presidents," out this week, Leonard Bernardo and Jennifer Weiss claim that while early commanders-in-chief lived their later years on modest incomes, today`s ex-presidents are fat cats.

"Cashing in on the presidency has become routine," a news daily quotes both, as saying.

"Following the examples of wealthy individuals like Lee Iacocca, Michael Bloomberg and Arnold Schwarzenegger, who at times have taken a salary of a dollar a year or less, would it not behoove our former presidents who earn millions, tens of millions, even, to decline their taxpayer-funded pensions?"

They note that Jimmy Carter didn`t accept money for his staff`s benefits and Ronald Reagan refused his health-insurance policy.

In recent years, Clinton has cleaned up on the lecture circuit and as a rainmaker for billionaire Ron Burkle.

ANI



First Published: Monday, February 9, 2009 - 15:39
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