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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: Jewbacca

Remember that I would like sarh or perry, but compare a businessman who was governor to a political activist who was in the right place at the right time and has done a terrible job. But it’s your vote and your call, I don’t want to cut off my nose to spite my face. Hope we get a strong candidate.


61 posted on 08/22/2011 7:37:09 PM PDT by DWC (historian)
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To: Jewbacca

“I will not vote for Romney under ANY circumstance.”

Rest well w/ the long term consequences then. McCain was a miserable choice against Obama as well. I hated voting for McCain! But, as bad as McCain would have been, he wouldn’t have put Sotomayor & Kagen up for the Supreme Court w/ LIFETIME appointments!

Again, I’m no big Romney fan. However, I’m pragmatic enough to look at the big picture. These federal judges are a big deal b/c they’re lifetime appointments. Four more years of Obama could be ruinous to our nation for decades to come because of those appointments & the legal decisions they would render. Unlike elected officials, where we can un-ring the bell every 2-6 years, these judges have no such restrictions.

Let’s do whatever we can to get a real Conservative in there. But if that doesn’t work, let’s work w/ what we got for crying out loud. Are you “all or nothing” types better off today than you were 3 years ago after having stayed home rather than vote for McCain? Is the nation better off? Think it will get better w/ 4 more years of Obama? Will you feel that much better sitting w/ the carnage all around you & your family as you smugly tell anyone who will listen about your convictions?

I hear where you’re coming from, but think long term my man without the momentary emotional lapses in long term judgement. Keep up the good fight. Just remember, the war isn’t won overnight. The Reagan revolution started years before it’s eventual win.


62 posted on 08/22/2011 7:38:35 PM PDT by Confab
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To: EBH

Waste Wallstreeters, your boy Romney will not get elected.


63 posted on 08/22/2011 7:38:35 PM PDT by Revolting cat! (Let us prey!)
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To: Jewbacca

I also will not vote fro Romney under ANY circumstance.


64 posted on 08/22/2011 7:40:56 PM PDT by jjotto ("Ya could look it up!")
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To: Tulane
The choice of Romney or oboma is the choice of a quick painful death or a slightly slower but quick painful death. Our only hope would be a very conservative house. If not then I will vote my heart and soul which would be third party! If we can't fix the republic then we need to break it faster. Who wants to prolong the pain?
65 posted on 08/22/2011 7:50:27 PM PDT by Free_in_Alabama (The average citizen is to lazy to steal from you, instead they are asking the government to do it)
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To: EBH
One Wall Street executive, who requested anonymity, said he and some of his colleagues feel betrayed by Obama...

Why did they support Obama in the first place, and why do they feel betrayed now?

Why would people with money vote for a Socialist/Marxist?

Simple... They all thought they would get even richer sucking off the government teat. It's much easier, and more profitable, to get handouts from the government than is is to compete in the marketplace.

66 posted on 08/23/2011 12:59:34 AM PDT by Cowboy Bob (Greed + Envy = Liberalism)
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To: Tulane

Never.


67 posted on 08/23/2011 1:08:09 AM PDT by LowOiL ("Abomination" sure sounds like "ObamaNation" to me.)
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To: Jewbacca

What makes you believe that Obama has a ‘moral compass’?


68 posted on 08/23/2011 6:11:34 AM PDT by doberville
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To: doberville

He actions and his words. They all point in one direction.

The WRONG direction, mind you. But a direction. He THINKS he is doing good with his racist, socialist, policies.

It doesn’t make him “good,” mind you. He’s evil.

But he has internal morals.


69 posted on 08/23/2011 8:02:26 AM PDT by Jewbacca (The residents of Iroquois territory may not determine whether Jews may live in Jerusalem.)
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To: Confab

“Rest well w/ the long term consequences then.”

I will.

I guess you need to make sure a RINO isn’t the nominee.

I’m doing my part.


70 posted on 08/23/2011 8:12:06 AM PDT by Jewbacca (The residents of Iroquois territory may not determine whether Jews may live in Jerusalem.)
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