Thread: Obama has outraised Romney on Wall Street this year by 2-1

When are the smelly stinky "Occupying" hippies going to protest in front of the White House?

Looks like President Obama is the one truly one occupying Wall St. donors.

Earlier this week a report went out suggesting that the financial sector had abandoned Obama in favor of Mitt Romney.

Turns out these numbers do not reflect the reality of the money situation.

The Washington Post took a closer look at the numbers and reports that, in fact, Obama has outraised Romney on Wall Street this year 2-1.

The Post reports that Obama raised $15.6 million from employees in the industry, Romney has raised less than half that ($7.5 million) and Perry has only managed to collect $2 million.

Here's where the confusion lies.

As President, "Obama can raise money for both his own campaign account, which can take donations up to $5,000 for the 2012 cycle, and for his party’s national committee, which can accept $30,800 per individual each calendar year. The same donors will be able to give another $30,800 to the DNC next year."

So, while Obama has only raised $3.9 million for his campaign account (Romney has pulled in $7.5 million) the DNC has raised just under $12million.

The numbers suggest that while Wall St. donors may be less than thrilled with Obama they have not abandoned the Democratic party. Additionally, under DNC rules Obama can take larger donations from fewer people.

The Post also notes that Obama's advantage will end as soon as the GOP picks a nominee and the candidate can share in the RNC fundraising.

NOT SO FAST: Turns Out Obama Has Raised Twice As Much Money From Wall St. As Romney
http://www.businessinsider.com/obama...st-dnc-2011-10

they know a winner when they seen one.

Romneys too big a marxist...he scares wall street.

Yet, OWS seems to have missed this reality........


_

Originally Posted by DonGlock26

Yet, OWS seems to have missed this reality........


_

its ok, the idiots who think the president is a marxist havent noticed it either.

...what happened to all the birthers, are they still around?

You don't hear much about the Donald these days, did the birther issue discredit him?

Originally Posted by MolonLabe2009

When are the smelly stinky "Occupying" hippies going to protest in front of the White House?



NOT SO FAST: Turns Out Obama Has Raised Twice As Much Money From Wall St. As Romney
http://www.businessinsider.com/obama...st-dnc-2011-10

Theyre lying left handed communists who demand free stuff. They dont care about reality, nor what is right....

They demand handouts, thats it...

This shouldn't surprise any sober person!

Originally Posted by MolonLabe2009

]NOT SO FAST: Turns Out Obama Has Raised Twice As Much Money From Wall St. As Romney

Banks are mostly politically agnostic.

All banks want to do is bet on a winning horse......the person that they think will be in power....because that's who their lobbyists will be trying to cajole.

This actually reflects well on Obama's chances of retaining the office of POTUS.

Originally Posted by TheLastBoyScout

Banks are mostly politically agnostic.

All banks want to do is bet on a winning horse......the person that they think will be in power....because that's who their lobbyists will be trying to cajole.

This actually reflects well on Obama's chances of retaining the office of POTUS.

Why are you ducking the fact that the protestors aren't focusing on the one politician who took more money from the evil bankers than anyone else?

Originally Posted by TheLastBoyScout

Banks are mostly politically agnostic.

All banks want to do is bet on a winning horse......the person that they think will be in power....because that's who their lobbyists will be trying to cajole.

This actually reflects well on Obama's chances of retaining the office of POTUS.

Right, the fact that he dumped planeloads of cash on them has nothing to do with it.