Obamas Accused of “Quid Pro Quo” in Their $65 Million Book Deal

A handful of conservative writers and social media influencers are accusing the Obamas of “quid pro quo” in their blockbuster $65 million book deal.

In a tweet that has since gone viral, Lori Hendry wrote “Obama gave Pearson Publishing $350 million to create Commoncore text and Pearson gave Obama a $65 million dollar book deal in return. Quid Pro Quo. Media silent…”

Obama’s $65 million dollar book deal was with Penguin/Random House, partially owned by Pearson.

Per Fox News, the $65 million deal for Obama memoirs, a joint agreement that also includes a book by Michelle Obama is the highest amount ever paid for a presidential memoir.

While the claims of corruption are purely speculative at this point, they warrant further looking into.

Monica Showalter writes in AmericanThinker:

As far-left Democrats yell about bribery and high crimes and misdemeanors, let’s turn to their own side of the aisle, starting with the once-penniless President Obama who left public office a very, very rich man.

He just bought a Martha’s Vineyard mansion for a cool $11.75 million, which is in addition to his Kalorama lookout post, his Chicago home, and possibly a Hawaii spread. At some point you’ve made enough…but not him.

Ostensibly, it’s mainly the work of his book deals. No bribery there, right?

Well, ahem…

According to Investment Watch (IWB), something doesn’t quite look right.

Obama gave Pearson Publishing $350 million to create Commoncore text and Pearson gave Obama a $65 million dollar book deal in return.

…and…

Pearson Publishing was paid for Commoncore but Penguin Random House Publishing did the Obama book deal. But there is commonality with the two:

From Wiki:
Penguin Random House was formed on July 1, 2013, upon the completion of a £2.4 billion transaction between Bertelsmann and Pearson to merge their respective trade publishing companies, Random House and Penguin Group. Bertelsmann and Pearson, the parent companies, owning 53% and 47%, respectively.

In July 2017, Pearson agreed to sell a 22% stake in the business to Bertelsmann, thereby retaining a 25% holding.

That sounds like a classic bribe. You give me this big contract and I’ll kick back some to you at a later date. Chicago Way. The book cash flowed to Obama in 2017. Pearson incidentally, seemed to lose money anyway, given the public distaste for Obama’s federal takeover of education via Common Core, which extended to states cutting the program.

President Trump complained about the apparent quid pro quo last summer.

It’s not the first time Obama has done things like this either. IWB notes that Obama’s net neutrality stance benefited Netflix, and surprise, surprise, he got a lucrative deal wtih them, too.

One hand washes the other.

Last month, an anonymous poster asked on Yahoo answers:

The responses are interesting.

This article first appeared on TheConservativeOpinion.com 

For more breaking news click here.