Occupy OFA? Obama Holds More Financial Sector Donations Than All GOP Candidates Combined
by PubliusFrom the Washington Post:
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 is his ability to collect bigger checks from fewer donors, 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 the other GOP candidates combined, according to a Washington Post analysis of contribution data.
This fundraising edge might seem counterintuitive in light of Obama’s thorny relations with business groups and Wall Street executives, who strongly opposed his financial reform law and have bristled at proposals to close corporate tax loopholes and raise income taxes on millionaires. In fact, he has raised just $3.9 million from the finance sector for his campaign committee itself, aside from the DNC, compared with Romney’s $7.5 million.
Still, Obama retains a persistent reservoir of support among a number of Democratic financiers who have backed him since he was an underdog presidential candidate. He also can draw upon the unique abilities of an incumbent president to raise money from avid supporters.
Obama’s ties to Wall Street donors could complicate Democratic plans to paint Republicans as puppets of the financial industry, particularly in light of the left-leaning “Occupy Wall Street” protests that have gone global over the past week. In response to the protests, the Obama campaign and other Democrats have stepped up their attacks on Romney and other Republicans for their opposition to Wall Street regulations.
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47 Comments
3.9 is less than 7.5. You need an editor…
The great untold and unreported incestuous relationship…..
I wonder how many staunch "o" supporters know, or believe this–?
The paramount of hypocrisy.
you can bet that the communists are sitting in a room somewhere thinking of how they can turn this occupy movement into a Demagogic talking point to help Obama win re-election.
I think I see a Rodney King Riot moment on the horizon
I think I know why Obama has so much support,he's an idiot that doesn't have a financial clue thereby he is easily manipulated.It's like being a substitute teacher,they always get taken advantage of because they don't know the students.
Sounds like the Chinese government sending a bill for a bullet to the family of a condemned and executed prisoner. Or could they be using the “Reverend” Jesse Jackson’s shakedown technique? Liberals are stupid, this just confirms it.
might have meant "billion" instead of "million".
Ah, but you forget that when it comes to Dear Leader Obama, FACTS are not to be checked!
OF COURSE the democrats get more cash from the big players on Wall Street. We don't have a capitalist system anymore, we have a CRONY capitalist system. The cronies of course support big government.
I tell you, the more I see what is happening, I'm beginning to believe that I am wrong about the 2012 election, in that for the last year I've felt it would be a replay of 1980. I think that is wrong. It will be a replay of 1968 instead. Americans don't like chaos and disorder. If this OWS thing continues, and continues to get worse (and it will, Obama is fueling it) voters are going to vote IN DROVES not necessarily because the economy sucks and Obama is a SCOAMF, but for the candidate who will RESTORE LAW AND ORDER.
People were so desperate for that in 1968 they voted in Nixon.
If only we'd gotten Barry Goldwater in 1968 instead of Nixon…
In other words, if Obama thinks that OWS will distract people from his failed economic policies and the bad economy, and that will somehow get him re-elected, he is failing to realize that people WILL vote for law and order against chaos just as they will vote for a strong economy instead of a weak one. And since he's once again running out in front of the mob to appear to be leading it, he OWNS OWS. He's married them. Which means there is ZERO chance of him being the "law and order" candidate. IE: he's taking a bad situation and making it worse!
Even better, for generations who didn't witness 1968 (including myself, I was born in 1972) it will again teach people that Democrat=unwashed anachro-leftist parasite hippie.
"Obama has brought in more money from employees of banks, hedge funds and other financial service companies than all the other GOP candidates combined"
Not to restate the obvious, but all of the anti-Wall Street, anti-Big Banks rhetoric from obama is nothing more than a ruse, and the Big democrat financiers know it. The fact is that obama has done everything possible to build up and bail out the Big financial institutions, while simultaneously, systematically destroying the small, local banks and mortgage companies. It's called a consolidation of power. I call it a consolidation of corruption.
Like him or not, Newt gave a great interview on the role that our small banks could play in fixing the mortgage crisis, if not for the federal restrictions placed on them not to lend by the Dodd-Frank law. Check it out:
http://www.newt.org/news/newt-says-small-banks-co...
Socialist O supporters know NOT what they do, nor the ramifications up the road …
UNLESS, they are already of the "Elite". Moronic idiots.
I believe it is fear that motivates these Wall Street types into making the donations they do. Additionally, they may reason that if they are nice to Obama, he will be nice to them and leave them alone and may even come around to their way of thinking. Not only that, but they may benefit from his Crony Capitalism.
How much $ in democrats accounts from Solyndra and all that?
$3.9 million from the finance sector.
Not total, just from one sector.
It sounds like the President is doing quite well, I'd hate to think we elected a shakedown artist who couldn't bring home the bacon.
Trump Still Wants Obama's Birth Certificate Analyzed 10-18-2011
http://www.youtube.com/watch?v=xEeZFhDG4_E
Didn't a guy by the name of Mussolini try that? How did that turn out?
Next up BHO after he is defeated in 2012…The Biggest Loser show because he's sucking the libs dry
this is a shakedown supreme. this bo turd props up his crony bankers and business buds, the grand quid pro quo. organized crime from the top down. potus is the flim-flam man.
Exactly. Instead of opposing his tyranny, they are taking the cowards way out and trying to appease him in the hope of being the last to be eaten.
I think you nailed it. Peer pressure. When Clinton deregulated banks (first time since the Depression) banks now own all the brokerage firms which is why you cannot earn any interest outside the stock market. These same banks participate in all big time deals i.e., IPO's, and are vulnerable to the administration's socialist agenda of nationalizing banks. I'd like to know what the banks are doing to get rid of him.
The trains ran on time?
This is the danger of creating chaos and disorder ON PURPOSE. ANYONE can step into the vacuum and a people desperate for law and order will support them.
Which is why the democrat party is bordering on TREASON in their acts.
What I am saying, though is that Obama can't possibly be the beneficiary of the chaos he, himself is fostering. Ironically. He and his people have to be extremely stupid to not realize this. If you want to benefit from setting the Reichstag on fire, you don't go on TV and ENDORSE the people setting it on fire. Which is, in effect, what his shout outs to OWS has done.
Finally. I've been making this point to the Sorobots here for weeks now, and FINALLY the Bigs are pointing this out in crystal clear fashion.
Obama raked in $15.8 million from Wall Street in the 2008 election cycle, the most by any politician in the past 20 years:
http://news.yahoo.com/obama-attacks-banks-while-r...
Add that to thee $3.8 million Obama has raked in this election cycle, and that puts Obama at almost $20 mil, compared to Romney's $7.5 million.
And Obama's first WH Chief of staff, Emanuel, made millions as an investment banker. Obama's new WH COS, Daley, worked as Midwest chairman for JP Morgan Chase.
Obama = Wall Street.
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 …
Obama has cold beers, margaritas, etc. with Wall Streeters, so it isn't a lie really, just a distortion of language.
Obama raked in $15.8 million from Wall Street in the 2008 election cycle, the most by any politician in 20 years:
http://news.yahoo.com/obama-attacks-banks-while-r...
Add that to this rlection cycle, and Obama has nearly $20 million from Wall Street, compared to Romney's $7.5 million. And Obama's first White House Chief of Staff, Emamuel, made millions as an investment banker. Daley, Obama's new WH COS, was Midwest chairman for JP Morgan Chase.
Obama promised to not have any corporate lobbyists in his administration, but jettisoned that promise as soin as he was sworn into office.
Obama, Wall Street, crony capitalism is thy name…
Kind of makes you wonder why the OWS lunkheads aren't protesting at the White House. They are so clueless they just don't get it, they will let themselves be co-opted by the left and never think about the hypocrisy of it.
LOL, o-HOLE has more campaign donations from Wall St… blah, blah, blah…. duuuhhh?
Don't tell me you've never heard of "payola"? Those donors expect to be the last man standing, and they hope
to be standing right beside oHUGO Jr. when he is declared dictator of the U.S.A. and begins to nationalize
even more industry than he already has. Look what happened to oil production in the Gulf of Mexico for an
example. Who can blame them for trying to buy their way to the inside track position? Who among us is so
principled that we would refuse to do it, if we understood in advance exactly what $0r0$ et al have planned
for this constitutional republic?
WHAT A COUNTRY!!!
.
Is it any wonder that the ruling class would like to stay the ruling class forever?
socialism keeps the rich rich.. the rich love slavery..
Yesterday, Joe Scarborough talked about what I have posted on this thread so far. About how Obama has raked in more now (total) from Wall Street than any other politician in history. Much to Mika's chagrin, no doubt.
That is documented. I don't recall the details, but apparently the Solyndra guy was an O bundler.
There are way more of us then them and when push comes to shove the numbers that come out against Obama and the democrats should be overwhelming,Obama and his handlers know this that's why they have to take this last chance at violence before the next election to try and bring down our system,time is running out for these Marxist.
I think they donate thinking Obama will probably be reelected, but secretly hope he will not be. He has already shown how he will demonize them and punish them. If he is reelected and they are on the wrong side, watch out. However, if a Republican is elected, they are not worried about new regulations, in fact, there will be a more market friendly atmosphere for them to do business in.
As an aside, I was talking to my banker yesterday when it came up that new restrictions will cause the
relatively small bank he works for to form a separate entity for mortgages, and as VP of the local branch
he is forbidden from even quoting interest rates on mortgages to his regular customers.
Many of the Community Reinvestment Act rules that only applied to huge lenders are now trickling down
to swamp the smaller independent banks.
My question is, will whomever is running the House and Senate in 2013 take immediate action to stop
all these economically destructive policies? Probably not, without TEA Party heat… as in tying them to a
stake and building a bonfire at their feet.
.
I think I heard on Levin's radio show that a third of o's 'bundlers' work on Wall Street, massive amounts.
Comical and laughable. Occupy Wall Street has been become the poster boys of useful idiots of the DNC.
"Many of the Community Reinvestment Act rules that only applied to huge lenders are now trickling down
to swamp the smaller independent banks."
That, along with Dodd-Frank are DESIGNED to hurt small, independent banks. The fact is that if you make it more onerous for banks to do business, only the "Big Banks will be able to afford to stay in business.
"My question is, will whomever is running the House and Senate in 2013 take immediate action to stop
all these economically destructive policies?"
The House and Senate is where the repeal of bad legislation happens, but we need to remember that it's the President that sets the agenda. We need to listen to our candidates to see who is the most vocal about the policies that are most destructive to us. So far, I'm only hearing this from Newt, a little from Cain, and of course with a sprinkling of crazy, Ron Paul.
Too bad the OWS'ers can't read this amazing news– all their fancy corporate-built iPhones and iPads have all been stolen by thieves that descended upon them– because they also believe in "gun control" dontchaknow! Even if they could, they would all say "Lies– all LIES" as their robot master SOROS tell them to…..
Machine kick back –
Have to pay to play
Using logic, facts and Truth to these demon-possessed mobs is a waste of time.
"Hell is a place in which there is no logic."
It's like trying to explain the theory of relativity to a drunk mule.
My point was to make it clear to all that Boehner and McConnell are being quiet as mice about
all this. Their silence is deafening. IMO it smacks of the Elite Ruling Class complicity with BIG
BIZ, which Palin has mentioned prominently recently. Newt is the most adroit tap-dancer on
the stage… and I believe he is a BIG GOV guy in his heart. It's clear that he is enamored with
the minutia of the inter-workings, and likely to believe he can fix it, rather than the slash and
burn policy I'm looking for.
None of the real candidates thus far has said CUT, CUT, CUT!!! That is what I'm waiting to hear.
Do we have to elect a lunatic to get smaller government? EeeK!!!
.
"It's like trying to explain the theory of relativity to a drunk mule." or Pelosi (I know, exact same thing, semantics)
maybe logical thought is absent here, did you get to the "however" part.
The whole OWS protest is being supported by government offices all over the country. They MUST have a permit obtain from a government office. The government office can deny those permits or limit time frames. Their job is to prevent disruption to local business. They are not doing that job. This has most definitely disrupted MANY businesses across the country. It is time government started doing their JOB! They are there to protect ALL the people, not just the protesters. My suggestion is start calling the local governments and complaining. If we start annoying the local government people enough they will pull the plug. There is NO reason for this to continue. They have had more than enough time already. Pass this along to all your friends. Let's see if we can crash some government phone systems with all the calls. Make sure and tell them the OWS group needs to pay for the cleanup. They have money now, so lets bleed them dry. Taxpayers should not have to foot the bill for these idiots.
Right now these Wall Street capitalists are great to obama because they think it's all about scratching each others backs and I don't know if they are smart enough to know that (IF) obama returns for a second episode this time he will be as an unveiled enemy of America with no mercy in mind.
US 'Misery Index' Soars to Highest Since 1983 on Inflation, High Unemployment Thursday, 20 Oct 2011 06:53 AM
http://www.moneynews.com/StreetTalk/Misery-Index-...
"The time is near at hand which must determine whether Americans are to be free men or slaves."
George Washington
While this is true, the USEFUL IDIOTS SMELLING UP OUR PARKS will still vote for obummer. They're just TOO STUPID to vote any other way!
O and the Dems historically get the vast majority of Wall Streets campaign contributions.
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