WASHINGTON—Democratic White House hopefuls Hillary Rodham Clinton and John Edwards will be fund-raising in Chicago on Aug. 7, when they will be in the city for a presidential forum sponsored by the AFL-CIO.
The labor organization is hosting a political Superbowl—seven of the eight 2008 Democratic contenders will be skirmishing on Soldier Field with the moderator, MSNBC’s Keith Olbermann.
Edwards’ $1,000-a-person event will be at the Hyatt Regency. Clinton’s deal, at a Wilmette home, is $2,300 to be listed as co-host with a photo or just $1,000 for an individual.
Lynn Sweet is a columnist and the Washington Bureau Chief for the 
I know this blog entry is about Edwards and Clinton fundraisers, but how much do the president of the U.S. is paid again?
It states $400,000 per year plus benefits as of 2007.
Why do the contenders (especially the leaders) need over $50 million dollars to try an attain a job which pays so little? I am not being naive with the question because I know there is immense power with the position. But it only pays $400K per year.
Will someone more astute please explain this scenario, process or procedure, please?
Is this why the present Vice President & President are allowing oil companies to raise gas prices to astronomical prices to re-coup and create assets beyond our wildest dreams? It's a nice job, but for 400K a year, and the financial investment the contenders are put into acquiring it, is NOT!