Monday, October 17, 2011

Obama Supports Occupy WallSt...and... Big Corporate Donors

Barrack Obama extended his political strategy and support of the "Occupy Wall Street", movement. However, Obama "called on them not to “ demonize” those who worked on Wall Street.

Mr. Obama, are these the same people that you say should pay their fair share, yet already pay more than their fair share?  Why not demonize them like you do?

The Financial Times story continues,  "Mr Obama said: “Dr King would want us to challenge the excesses of Wall Street without demonizing those who work there.”

When Barrack Obama starts repeating himself....listen and think about what he is saying.  He is a badly injured President and he trails Cain, Romney and Perry in the latest Polls.  He can't win on ideas, his tired Keynesian Big Government Stimulus Plans have failed and voters want nothing to do with them.

But Obama needs to play class warfare and mobilize his base while at the same time keeping up his record Corporate Financial connections.

University of California $1,648,685
Goldman Sachs $1,013,091
Harvard University $878,164
Microsoft Corp $852,167
Google Inc $814,540
JPMorgan Chase & Co $808,799
Citigroup Inc $736,771
Time Warner $624,618
Sidley Austin LLP $600,298
Stanford University $595,716
National Amusements Inc $563,798
WilmerHale LLP $550,668
Columbia University $547,852
Skadden, Arps et al $543,539
UBS AG $532,674
IBM Corp $532,372
General Electric $529,855
Morgan Stanley $512,232
Latham & Watkins $503,295

Goldman Sachs, JPMorganChase, Citigroup,UBS, Morgan Stanly...well that about covers the heaviest of hitter from Wall Street.  Quick, let's Occupy the Obama White House.

Goldman Sachs was the top corporate donor and gave 4 times as much money to Obama as they did McCain.  The Democrat versus Republican numbers are just as telling.

"According to figures dating to 1990, Goldman Sachs' PAC and employees have consistently contributed more money to Democratic rather than Republican candidates for federal office.
In the 2008 election, three out of every four dollars contributed by Goldman Sachs went to Democrats.

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