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Wall Street executives turn back on Obama, start donating to Romney
The Hill ^ | 8/22/11 | Jake Interrante and Bob Cusack

Posted on 08/22/2011 2:07:53 PM PDT by EBH

The crossover donors are employed by a large number of banks, private equity firms and hedge-fund companies, including Credit Suisse, The Blackstone Group, Stanwich Group and Goldman Sachs.

One of the donors is Joshua Harris of Apollo Management, who recently bought the Philadelphia 76ers. Others include Oscar Schafer of OSS Capital Management, David Solomon of Goldman Sachs, Barry Sternlight with the Starwood Capital Group and David Blitzer of the Blackstone Group.

One Wall Street executive, who requested anonymity, said he and some of his colleagues feel betrayed by Obama...

"...Everybody I speak to is on the same boat — disappointment," said the source, who contributed to Obama three years ago and is now backing Romney.

The executive said he and others on Wall Street have taken exception to Obama's rhetoric about the wealthy, especially because the president has asked rich donors to fork over $35,800 to his reelection efforts.

"It's not healthy for rich people to feel maligned," the executive said.

(Excerpt) Read more at thehill.com ...


TOPICS: Business/Economy; Extended News; Government; Politics/Elections
KEYWORDS: mittromney; mittwit; romney
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To: mwl8787

I’m not a big Romney fan, but I am a pragmatist. I agree w/ your assertion & would maybe one up you...........A Romney/Cain ticket would be a landslide.


41 posted on 08/22/2011 3:56:31 PM PDT by Confab
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To: Tulane; Seaplaner; Second Amendment First; Tex-Con-Man; Blood of Tyrants; parisa; madison10; ...
Image and video hosting by TinyPic

42 posted on 08/22/2011 3:59:30 PM PDT by SunkenCiv (It's never a bad time to FReep this link -- https://secure.freerepublic.com/donate/)
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To: AdmSmith; AnonymousConservative; Berosus; bigheadfred; Bockscar; ColdOne; Convert from ECUSA; ...

Why I’m reversing course on John McCain
Vanity | Sept 9, 2008 | Jim Robinson
Posted on 09/08/2008 12:55:29 PM PDT by Jim Robinson
Governor Sarah Palin! Or, actually, what she signifies.
http://www.freerepublic.com/focus/news/2077563/posts


43 posted on 08/22/2011 4:01:13 PM PDT by SunkenCiv (It's never a bad time to FReep this link -- https://secure.freerepublic.com/donate/)
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To: Retired Greyhound

I would respectfully disagree. As much as it makes me want to vomit just at the mere mention, the fact is Clinton was far less dangerous to this nation than Obama.......& that’s saying something!

Clinton was about Clinton. Obama is actually trying to transform this nation into a socialist state. BIG DIFFERENCE.


44 posted on 08/22/2011 4:01:43 PM PDT by Confab
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To: SunkenCiv

That’s probably what you are good at.


45 posted on 08/22/2011 4:03:17 PM PDT by DWC (historian)
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To: Confab

I think you should re-read my post. I make the same point you’re making now.

Clinton was a dream compared to Obama. Romney would be similar to Clinton. A slick politician, rather than an ideologue.


46 posted on 08/22/2011 4:08:18 PM PDT by Retired Greyhound
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To: Retired Greyhound

My apologies, I misread. Good point.


47 posted on 08/22/2011 4:17:38 PM PDT by Confab
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To: Retired Greyhound
Clinton was a dream compared to Obama.

Clinton was the SAME as Obama

He didn't have a super majority in congress his first 2 years

He wanted Hillary Care
Gays in the Military
Had a tax increase
Appointed a left wing lesbian to attorney general
2 liberals to SCOTUS
scads of left wing federal judges
And then after 94 he had GOP congress to curb his BS but still continued with his corruption and treason--soft on terrorism--war in the Balkans --secrets to China--pardoning Puerto Rican terrorists etc etc etc

Not a BIT of difference
48 posted on 08/22/2011 4:32:34 PM PDT by uncbob
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To: Confab
Clinton was about Clinton. Obama is actually trying to transform this nation into a socialist state. BIG DIFFERENCE.

So was Clinton but he didn't have a super majority in congress and then the GOP wiped out the dems in congress in 94 --not a bit of difference
49 posted on 08/22/2011 4:35:29 PM PDT by uncbob
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To: Tulane
I live in Massachusetts and was here during Romney's governorship. Trust me, you won't be much better off with Romney than Obama.

Give me Palin, Perry, Cain, Bachmann...anybody but Romney!


50 posted on 08/22/2011 4:37:16 PM PDT by SamAdams76
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To: EBH

For all the saddened people here who now feel we will have a Romney nominee because some Wall Street folk are throwing their donations his way instead of to Obama, think about it.. These were the OBAMA donors to begin with! These were not donations that had gone to Republican politicians but Democrat political donations which are now going to the most-like-Obama-but-not-actually-Obama Republican they can find, Romney.

The typical Republican donors will be there, and the conservative donors will probably step up even more with a good, electable conservative candidate.

I don’t have any info on Sarah Palin who will most likely have good support if she runs.

As for Rick Perry, take a look at just one state, California, and the conservative-minded donors who have already stepped up to the plate:

From: http://articles.latimes.com/2011/aug/15/news/la-pn-perry-donor-20110815 (Dated: August 15, 2011)

(Sorry for the source-—gag a couple times, lol)

Excerpt:

Rick Perry assembles top California donors for campaign

(Chip Somodevilla/Getty Images)
August 15, 2011|By Tom Hamburger

An invitation has just landed in the in-boxes of California conservatives inviting them to a conference call with Texas Gov. Rick Perry on Tuesday to discuss his campaign for the GOP presidential nomination and invite their participation — particularly in the all-important realm of fundraising.

The invitation is impressive for the big-name California political and business leaders listed on it, testament to the fast work of Perry’s new but nimble California campaign supporters.

(snip)

They include: Edward Atsinger, chief executive of Salem Communications a Christian-oriented broadcasting company; Jay Hoffman, a Reagan administration veteran and international consultant; Joe Czyzyk, chief executive of Mercury Air, the worldwide aviation services company based in southern California; Michael Warder, a political commentator and a vice chancellor at Pepperdine University; Fred Sands, Los Angeles investor and developer, who has led Vintage Capital Group and Vintage Real Estate; Michael and Dean Spanos, executives with the influential Spanos construction and development companies and owners of the San Diego Chargers; Rock Zierman, ceo of the California Independent Petroleum Association; Steve Chazen, president and chief financial officer ofOccidental Petroleum.

The list also includes Shawn Steel, the former chairman of the state Republican party and his wife Michelle Park Steele, vice chair of the state Board of Equalization.

The head of California’s Independent oil producer’s organization, Rock Zierman was one of the potential donors meeting with Perry last month at a hotel in Century City. He had been impressed with the governor, his energy and job creation record.

(snip)

“I am suprised how fast people are willing to sign up and support him and pledge support at a level they hadn’t participated at before,” he said.


51 posted on 08/22/2011 4:44:47 PM PDT by casinva (If Rick Santorum kisses Romney while charging after Perry, I want my nice words about him back.)
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To: Ingtar

“Torn between two liberals. Donating like a fool...

Catchy tune.


52 posted on 08/22/2011 4:48:59 PM PDT by Cyman
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To: uncbob

I realize that he tried, but he quickly adjusted after losing the ‘94 election and moved a bit more to the center. Obama has done no such thing.

Clinton was much smarter than Obama is. In addition to being a rabid ideologue, Obama is also incompetent. A potent mix.


53 posted on 08/22/2011 4:49:31 PM PDT by Retired Greyhound
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To: Seaplaner
Romney is better than Obama, but if he wins the nomination, it prompts a third party run and Obama becomes President again anyway.

I plan to stay as far away from Romney as possible.

54 posted on 08/22/2011 4:51:07 PM PDT by comebacknewt (Sheesh. Go away and stay away Newt.)
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To: Retired Greyhound

The GOP had BOTH houses after 94

The dems still have the senate


55 posted on 08/22/2011 4:54:00 PM PDT by uncbob
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To: DWC

What?


56 posted on 08/22/2011 4:56:27 PM PDT by SunkenCiv (It's never a bad time to FReep this link -- https://secure.freerepublic.com/donate/)
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To: DWC

I will not vote for Romney under ANY circumstance.


57 posted on 08/22/2011 4:56:34 PM PDT by Jewbacca (The residents of Iroquois territory may not determine whether Jews may live in Jerusalem.)
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To: Graybeard58

Never forget, the better of two evils is still evil, Evil, EVIL!!!


58 posted on 08/22/2011 5:27:48 PM PDT by holyscroller ( Without God, America is one nation under)
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To: EBH

Any money not going to Obama is good thing even if it’s going to Romney.


59 posted on 08/22/2011 5:40:13 PM PDT by newzjunkey (Bill O'Reilly is vile.)
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To: EBH

60 posted on 08/22/2011 7:00:21 PM PDT by Donald Rumsfeld Fan ("Science is the belief in the ignorance of experts." Richard Feynman father of Quantum Physics)
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