Attention, Occupy Wall Street / Minnesota
By Mitch Berg
Obama still gets more money from Wall Street than all GOP candidates put together:
Despite frosty relations with the titans of Wall Street, President Obama has still managed to raise far more money this year from the financial and banking sector than Mitt Romney or any other Republican presidential candidate, according to new fundraising data.
Obama’s key advantage over the GOP field is the ability to collect bigger checks because he raises money for both his own campaign committee and for the Democratic National Committee, which will aid in his reelection effort.
As a result, Obama has brought in more money from employees of banks, hedge funds and other financial service companies than all of the GOP candidates combined, according to a Washington Post analysis of contribution data. The numbers show that Obama retains a persistent reservoir of support among Democratic financiers who have backed him since he was an underdog presidential candidate four years ago.
So – will “Occupy Wall Street” move its masses (I slay me) to DC? Or are they really just a Potemkin protest run by the Democrats?
October 20th, 2011 at 12:15 pm
Another question: Will Anderson Cooper be getting a Happy Festivus card from Debbie Wasserman-Schultz this Winter Solstice?
October 20th, 2011 at 1:13 pm
That’s another reason why I now bank at a Credit Union. There was another story yesterday that said the big donors in the financial industry are now souring on the dear leader since he told people to support the moocher mob on Wall Street.
October 20th, 2011 at 1:21 pm
Tarp2 ($350 billion) was undoubtedly pay back for the massive amount of money that Wall Street sent to the Obama campaign in ’08.
Obama personally lobbied for Tarp2 as president elect (he had voted for Tarp 1 while still junior senator from Illinois).
The house vote on Tarp 2?
Yes, 241 Dems 19 GOP
No 169 GOP, 10 Dems
The Democrat party is an arm of Wall Street.
October 20th, 2011 at 3:24 pm
Better question will CitiBank fire its shill Alec Baldwin for his promotion of OWS?
October 20th, 2011 at 3:38 pm
Citibank will use Baldwin to become the face of OWS. Socialized risk, private profit. The OWS dimwits will think they are half way to socialism instead of all in for fascism.
October 20th, 2011 at 3:47 pm
I can tell you from my days in Corp Accting the Big Corporations give money to all candidates. It is done to buy access. Now, I am a pro-business right winger so do not fault corps for doing this. It has to be done as Congress passes legislation, or doesn’t pass legislation, that make it easier or harder to conduct business. The fault isn’t Big Business being involved in government, but government being involved in Big Business.
Example? Big Minnesota retailers lobbyed Al Franken and A-Klo very hard to get the bill passed that lowered the amts banks can charge on debit card transactions.
Yes, that is correct. Liberal icon Al Franken can be bought.
October 20th, 2011 at 5:04 pm
“Liberal icon Al Franken can be bought.”
Say it ain’t so, Chuck! I can’t believe this.
Now, for my next joke…
October 20th, 2011 at 5:37 pm
“Liberal icon Al Franken can be bought.”
So now we’ll see if he’s an honest politician (i.e., he STAYS bought.)
October 21st, 2011 at 3:01 pm
it doesn’t matter, he knows he has no shot in 2014, he’s going to get as much $$$ as he can then become a lobbyist.