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View Diary: So That Ignorance Won't Be The Reason Why "Progressives" Are Throwing The President Under The Bus (1253 comments)

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  •  Obama and his Wall Street support (23+ / 0-)

    Financial sector's support of Obama

    President Barack Obama has relied more on well-connected Wall Street figures to fund his re-election than he did four years ago when he campaigned as an outsider and an underdog.

    One-third of the money Obama's elite fund-raising corps has raised on behalf of his re-election has come from the financial sector, according to a new Center for Responsive Politics analysis.

    Individuals who work in the finance, insurance and real estate sector are responsible for raising at least $11.8 million for Obama's campaign and the Democratic National Committee, according to the Center's research. All of Obama's bundlers have raised a minimum of $34.95 million....

    •  And? (10+ / 0-)

      They fear teapublicans even more and expect Obama to win re-election, so of course, they're greasing skids.

      A lot of that money comes from Buffett types who recognize the disaster of short-term, quarter-to-quarter unbridled greed. The numbers you cite mean nothing, since a few Warren Buffetts could fill it out. You believe that the banks like CCRA or CFPB or Elizabeth Warren?

      At the same time some bigwigs keep their line of communication to pwoer open on the D side, they will continue to pour money to Republicans to obstruct and weaken anything and everything the President tries to do.

      •  Not to mention that conveniently Rove et al don't (3+ / 0-)

        disclose who their contributors are.

        But, the totals of al the Thug candidates and SuperPACs and the Chamber of Horrors outstrips what BO (an incumber president lest you forget what that means for raising cash)has raised, by quite a bit iirc.

        So you might want to hold off on claiming 'Wall Street supports BO' until you actually look at the facts.

    •  Irrefutable (2+ / 0-)
      Recommended by:
      IndieGuy, dewley notid
      President Barack Obama has relied more on well-connected Wall Street figures to fund his re-election than he did four years ago when he campaigned as an outsider and an underdog.
      One-third of the money Obama's elite fund-raising corps has raised on behalf of his re-election has come from the financial sector, according to a new Center for Responsive Politics analysis.

      Individuals who work in the finance, insurance and real estate sector are responsible for raising at least $11.8 million for Obama's campaign and the Democratic National Committee, according to the Center's research. All of Obama's bundlers have raised a minimum of $34.95 million..


      The money speaks the truth, the rest is rationalization and spin.

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