Wall Street Donors Stop Digging Deep For Democrats

[Francesca9]

Source: NPR

There was a time when some of the Democratic Party's most generous benefactors worked on Wall Street — but not this year.

As Democratic candidates and strategists face the Republican surge, they're doing it without the campaign cash that investment banks and hedge-fund investors have normally steered their way.

When Bill Clinton was president, he could talk the talk with the kings of finance, as he did at a Stamford, Conn., fundraiser in 1996. "I thank you for this money," he said. "We will invest it wisely."

And Wall Street went for President Obama in a big way. His campaign pulled in $15 million from the securities and investment sector. Goldman Sachs accounted for almost $1 million of that, according to the Center for Responsive Politics.

Read more: http://www.npr.org/templates/story/story.php?storyId=130160941

[L0oniX]

1. Yep they danced with the devil and now they are under the campaign donation buss.

Maybe if you had integrity and stood on your principles you could get re-elected. Maybe if you were willing to lose your job over doing what is right to get informed voters votes, you might not need to whore yourself out to the rich corporate pigs.

[w4rma]

2. Very good. (nt)

[girl gone mad]

3. They got their money's worth.

Now they're banking on Republican victories.

Intrade tells the story:

http://www.intrade.com/jsp/intrade/common/c_cd.jsp?conDetailID=639646&z=1285640544457

[ironrooster]

4. but .. but ... Lloyd said if the dems sucked his cock we'd go steadyt! nt/

[Autumn]

5. Doesn't bother me a bit. n/t

[scentopine]

6. You mean all that republican ass kissing and wall street trickle-down

didn't work?

Oh well, too bad for 299 million people. But those 1 million sons of bitches that fuck us over every single day - the ones who stole our pensions and rape us with outrageous health care fees? They're laughing all the way to the bank.

Way to go democrats - I have always said that the your "new democrats" will leave you at the altar. You burned every fucking bridge to the liberal base who worked to get you elected.

A perfect study in arrogance. Obama is still calculating that good will alone (as opposed to real reform) will carry him through mid-terms.

Its an outrageous gamble.

[Frank Booth]

7. Good. Maybe, eventually, after the money dries up,

the Democrats will realize they were snookered by these crooks.

[Rex]

8. Wall Street never did me one dam thing so fuck them.

They can go suckle from the GOPigs teet forever, for all I care.