Obama going after Wall Street dollars

[Jillian]

Interesting? Or very sad?

http://news.yahoo.com/s/ap/20070717/ap_on_el_pr/campaign_money





WASHINGTON - Democrat Barack Obama, who has decried Wall Street profits and CEO pay, has tapped a vein of donors among bankers and financiers who have given generously and helped drive his successful presidential campaign sprint for cash.



Among the firms whose employees gave the most to Obama in the second quarter of the year were Lehman Brothers, Goldman Sachs, Citigroup and JP Morgan. Their money, much of it the maximum donation allowed by law, placed Obama in competition with Sen. Hillary Rodham Clinton for high-finance dollars in her own backyard of New York.

[saracat]

1. Things that make one go HMMMM.

[MrRobotsHolyOrders]

2. But that's not even the worst part!

Most of those "small donations"? Obama volunteers seizing children on their way to school and harvesting them for nutrients! Obama contributions are people!

The financially well off donate to campaigns, and thus are courted by presidential candidates? My illusions, left dead on the bathroom floor.

[draft_mario_cuomo]

3. No surprise there. He is getting more fatcat support than anyone--including the Republicans

Of course, this begs the obvious question...

Note: The only difference is among maxed out donors where HRC has a slight lead over BO. Of course, many fatcats give less than $2,300 and he raised almost $5 million more than HRC among those giving over $200. Her almost certainly leads among those giving over $1,000.

[zulchzulu]

4. So if someone works for a company and gives money, the company gave the money?

OK. Sit down. Have some water. Let me explain in little words for you.

Look! It's Johnny. He works on Wall Street. Look! He's going into the Goldman Sachs building. Did you know he works on the 23rd floor? Impressive.

Now look at Johnny. He's pulling out a sheet of paper. It is a printout of his contribution to a political candidate! Neat!

OK. Let's fly over the building now. Look! It's the Goldman Sachs building! Cool!

Now for the big question...ready? Did Goldman Sachs, the company with little people inside the building, contribute to the political candidate that Johnny spent money on? Or was it just Johnny...

OK. Ready? That's right! Johnny and his little printout prove that...it's Johnny and NOT the company!

:crazy:

[rinsd]

8. Who do you think is contributing the max from Goldman Sachs? Hint: It ain't the janitor.

If Wall Street traders are contributing the max to Obama's campaign, how is the headline or article wrong?

[Tellurian]

5. So, Obama's going to change Washington?

What an authentic corporate hypocrite... :rofl:

[draft_mario_cuomo]

7. He has raised $40 million from "big" donors and $22+ million from maxed out donors

They are not doling out that much money for fun...what do they expect in return?

[Capn Sunshine]

10. Then your inferring Hillary will preserve the status quo?

At least that would be closer to the truth.

[draft_mario_cuomo]

11. Wall Street is not giving tons of money to Clobama for fun

They expect their interests to be protected in exchange for the lavish amounts they are funneling to the HRC and BO campaigns...

[wyldwolf]

6. anyone ever noticed that you're a corporate whore if you take corporate money... UNLESS...

...you're someone the netroots likes? Then the money doesn't come from the corporations, it comes from the employees of the corporations (at the corporation's urging.) :)

[Capn Sunshine]

9. I can't get worked up about this

flog me please. My industry gave a boatload of money to lots of candidates too. It's how things work.

Meanwhile, Murdock buys the Wall Street Journal , and no one bats an eye.