Author Topic: Money and Politics  (Read 499 times)

dario73

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Money and Politics
« on: September 17, 2008, 09:55:37 AM »
There is this myth that the Republican Party is in bed with business corporations. Even when the Republicans held majority in Congress, corporate contributions were pretty even between the parties. That, however, has changed in the last few years. More and more, corporate America is looking to the left when making campaign contributions.

Can the Democrats now be considered to be in corporate America's pockets?

You be the judge:

McCain received $117,500 from Lehman Bros.
Obama received $370,524(!!) from Lehman Bros.

John McCain got $36,875 from AIG
Barack Obama raked in $75,899

Top Recipients of Fannie Mae/Freddie Mac Campaign Contributions, 1989-2008

1. Dodd, Christopher $165,400 in 15 years
2. Obama, Barack $126,349 in 3 years!!

***CHANGE WE CAN BELIEVE IN!!!


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Re: Money and Politics
« Reply #1 on: September 17, 2008, 10:01:14 AM »
Awesome observation.  The employees from these firms know the economy and banking very well.

If they're donating their hard-earned money to Obama, even in these times when they're being laid off, they must seriously believe in what he's saying.

dario73, are you working for Obama's campaign officially, or just doing what you can on the boards?

TerminalPower

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Re: Money and Politics
« Reply #2 on: September 17, 2008, 10:07:28 AM »
Awesome observation.  The employees from these firms know the economy and banking very well.

If they're donating their hard-earned money to Obama, even in these times when they're being laid off, they must seriously believe in what he's saying.

dario73, are you working for Obama's campaign officially, or just doing what you can on the boards?


To the contrary, Barak has proven he can't be trusted and is in bed with special interest more than McCain.  Barak is SUPPOSED to be running on "Change".

It is obvious to most he is "more of the same" when it comes to politicians.
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Fury

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Re: Money and Politics
« Reply #3 on: September 17, 2008, 10:11:32 AM »
Awesome observation.  The employees from these firms know the economy and banking very well.

If they're donating their hard-earned money to Obama, even in these times when they're being laid off, they must seriously believe in what he's saying.

dario73, are you working for Obama's campaign officially, or just doing what you can on the boards?


Actually, Barclay's bought just Lehman's IBD division for $2 billion, so there's a good chance the majority of those guys will keep their jobs as BarCap isn't too established in IB.

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Re: Money and Politics
« Reply #4 on: September 17, 2008, 10:12:59 AM »
Barak is SUPPOSED to be running on "Change".

Why do the vast majority of employees of these banks choose to send money to barrack?


Obama says he'll bring change.
The bank employees give to him.

Sounds like they want change.