- Joined
- Apr 25, 2009
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PM Lee said that former US presidents are involved in money-spinning book and lecture tours after they step down.
"Retired US presidents go on book tours, they write books, they are paid US$10 million (S$13 million) advance, they get somebody to help them write a tome and they make a lecture tour…Every lecture (by former president) Bill Clinton: US$100,000 to US$200,000 for half an hour.
"That's the system. I think that's not a good system for us. We don't want ministers to retire and go on lecture tours."
http://www.pmo.gov.sg/content/pmosite/mediacentre/inthenews/primeminister/2011/April/Why_Obama_makes_less_than_Spore_minister.html
"Retired US presidents go on book tours, they write books, they are paid US$10 million (S$13 million) advance, they get somebody to help them write a tome and they make a lecture tour…Every lecture (by former president) Bill Clinton: US$100,000 to US$200,000 for half an hour.
"That's the system. I think that's not a good system for us. We don't want ministers to retire and go on lecture tours."
http://www.pmo.gov.sg/content/pmosite/mediacentre/inthenews/primeminister/2011/April/Why_Obama_makes_less_than_Spore_minister.html