Does Barack Obama have a secret alliance with the financial district and the Wall Street banking sector? This discussion was very revealing. "One top banking executive who raises money for Obama, discussing fundraising efforts on the condition of anonymity, said reports of disaffection with the president are exaggerated and overblown. He said a strong contingent of financiers in New York, Chicago and California remains supportive of Obama and his economic policies, even as some have turned on him. "
Banks are generally 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. That Banks and Finance companies are still donating to Obama indicates less a secret alliance and more a sign that they think Obama will win. If there is a secret alliance, it's not all that secret....it's institutional....the lobbying system in congress is an alliance with corporate America...so much so that they are allowed to write parts of legislation and the tax code. This predates Obama by a bit.
You are correct, LNS. Barack Obama does indeed have a secret alliance with the financial district and the Wall Street banking sector! He is playing you and the other socialists in this group and the ones in the Occupy Wall Street movement like a well-tuned French harp!
Good grief an another conspiracy theory. Here's some food for thought, could the banks be the ones creating the secret alliances with any sitting US Pres.
Its important to note that many in the banking and finance sector are non-Christians. Thus when Republicans start talking about turning America into Americanistan 2.0, it scares them quite a bit. This for example is why Obama has such a huge amount of Jewish support.
Oh I get it now.Thanks for the in-depth and philosophical explanation as to Banks and Obama's close and friendly use of Wall Street fundraising { Obama set a record for most money ever received as a candidate, from Wall Street }.Nothing more coincidental than an innocent checkers game down to the Cracker Barrel.Just simply a case of winning. Winning to do what.? Obama wins to do what. Maybe like what he did with all those exemptions for companies. Like what he did so GE didn't have to pay a nickle on over $6 Billion in domestic profits.Or with Google.
You are correct, Foolardi. The TheLastBoyScout and the other socialists in this group has been duped and taken in by the very professional "Chicago Hustle". Obama pretends to be on the side of the socialists and Wall Street protesters so they will vote for him next November, while all the time he is crafting back room deals with the Wall Street bankers, wealthy financial investors and hedge fund managers! Ha-Ha!
Translation: The chances of meaningful financial reform in America are zero, whichever party is in power.
Mitt Romney has raised far more money than Mr. Obama this year from the firms that have been among Wall Streets top sources of donations for the two candidates. http://www.cnbc.com/id/44920282 Well what do you know.
Your information is now out of date. Obama has recently raised more money from Wall Street than Romney.
Interesting. They must perceive his chances at re-election are better than our conservative friends here would have us believe.
Top Contributors Senator Barack Obama 2007 - 2008 University of California.....$909,283 Goldman Sachs................$874,207 <-------Sub Prime investments Harvard University...........$717,230 Microsoft Corp...............$714,108 Google Inc...................$701,099 JPMorgan Chase & Co..........$581,460 <-------Sub Prime investments Citigroup Inc................$581,216 <-------Sub Prime investments National Amusements Inc......$543,859 Time Warner..................$508,148 Sidley Austin LLP............$492,445 Stanford University..........$481,199 Skadden, Arps et al,,,,,,,,,,$473,424 Wilmerhale Llp...............$466,679 UBS AG.......................$454,795 <-------Sub Prime investments Latham & Watkins.............$426,924 Columbia University..........$426,516 Morgan Stanley...............$425,102 <-------Sub Prime investments IBM Corp.....................$415,196 University of Chicago........$414,555 US Government................$400,819 http://www.opensecrets.org/pres08/contrib.php?cycle=2008&cid=N00009638 Look at the Wall St. Bankers who backed Obama before the bailout. No wonder he pushed for it. Can you sauy bought and paid for?
Of course, the honest representation would point out that the contribution are the employees of those organizations, not the organizations itself. But those employees knew how to pick a winner.
Yes. And most of those employees, especially the Goldman Sachs cronies are on his payroll or in his cabinet. Nice to have friends in high places.
You are very correct, Piscivorous. Obama continues to support the 1% (the most wealthy) and the socialists in this group still foolishly continue to vote for him! Sad ... Very Sad.
Funny, I could have sworn it was the Republicans who just killed a bill to raise taxes on millionaires so that hundreds of thousands of teachers, cops and firemen wouldn't lose their jobs. Not Obama.
Banks donating to a losing candidate is wasted money. It doesn't matter that much what Obama will do if he wins.......If he wins, then he is the one that banks will try to bend to their agenda. The loser will not even be in office, so there's no value in that. That they are giving money to Obama indicates that they think he will win. It's not philosophical......it's business.
Obams is a one term president and everyone knows it. The banks are simply taking out an insurance policy in the remaining months while Obama is still president.
That makes a lot of sense. With the Republicans controlling the House there is a big threat that the Obama administration could pass more banking regulations.
You are very correct, Lady Luna. The Democrats and Republicans are both owned by Wall Street investors. This is why nothing on the political landscape ever changes!
