Crony capitalism—no other way to call it.
Big Wall Street and the Democratic Party, two peas in the same pod.
Wall Street provided three of Obama’s seven biggest sources of contributors for his presidential bid. In 2007 and 2008, Goldman Sachs employees and family members gave him $994,795, Citigroup Inc. $701,290, and JPMorgan Chase & Co. $695,132.
In 2007 and 08, then candidate Barack Obama received $1 million from Goldman Sachs for his White House bid.
Goldman Sachs second only to the University of California as Pres. Obama’s biggest single source for donors in 2007 and 2008.
Gov. Palin is the only leader who has the experience in tackling and exposing corrupt politicians.
I pulled the list. It is remarkably frightening, actually.
University of California $1,591,395
Goldman Sachs $994,795
Harvard University $854,747
Microsoft Corp $833,617
Google Inc $803,436
Citigroup Inc $701,290
JPMorgan Chase & Co $695,132
Time Warner $590,084
Sidley Austin LLP $588,598
Stanford University $586,557
National Amusements Inc $551,683
UBS AG $543,219
Wilmerhale Llp $542,618
Skadden, Arps et al $530,839
IBM Corp $528,822
Columbia University $528,302
Morgan Stanley $514,881
General Electric $499,130
US Government $494,820
Latham & Watkins $493,835
What should be frightening is that the biggest influence consumers are: semi-radical universities still trying to monopolize the debate while taking the New Deal as an extreme right wing position;wall street and finance companies; and legal power brokers.
What is missing is all of the industry that makes America actually run, to the extent we still have some - you know, domestic oil, coal and gas, steel, etc.
A good study of how the US is swirling down the drain could be make from just this list alone.