Posted on 09/27/2011 2:18:49 PM PDT by E. Pluribus Unum
President Obama's rhetorical war against Wall Street "fat cats" and his efforts to enact sweeping reforms of the financial sector haven't exactly endeared him to top financial industry executives.
Now it appears the Wall Street donors who helped fund Obama's successful 2008 bid are shifting their campaign cash elsewhere.
Per Bloomberg's Jonathan Salant, at least 100 donors who previously supported Obama in 2008 haven't written a check to his re-election campaign and are instead supporting Mitt Romney's 2012 bid. The shift has helped Romney raise more than twice as much from Wall Street as Obama has so far this election cycle.
Democrats close to the Obama campaign downplay the shift, insisting it's no surprise that Romney, a former finance executive, has outraised Obama among Wall Street donors. The shift in giving also insulates Obama from the idea that he's Wall Street's favorite candidate—a distinction that might not sit well with the president's progressive supporters, who have already complained about Obama's ties to the financial industry.
But it's something that the Obama campaign appears to be worried about. Over the summer, Obama held a sit down with top Wall Street executives, many of them donors, as a way of offering an olive branch to the industry.
There's a reason Obama might want to make nice: According to the Center for Responsive Politics, he raised nearly $15 million from the securities and investment industry in 2008, which ranked as one of the top 5 industry donors to his campaign.
But Obama hasn't had nearly as much success with Wall Street this year. According to CRP, Obama has raised just $857,362 from donors linked to the securities and investment sector, compared to Romney's more than $2.3 million.
(Excerpt) Read more at news.yahoo.com ...
finance for a socialist progressive,
vs
finance for a rino progressive.
If money was everything in politics where are president Rockefeller, senator Whitman, President Perot? They all had
plenty of money. Trump has more money than any candidate running in 2012 including 0Bama’s campaign war chest. You won’t see Trump in the white House also, unless Romney is the nominee and Trump runs as 3rd party, he may have a chance.
I see this as good news.
Obama doesn’t get the money and the money that Romney gets won’t do him any good, because he will not win the nomination.
Enter Mama Grizzly...... the Barracuda.... the next “real” President of the United States, Sarah Palin.
Like him or not, he may be our best choice:
Sarah? She’s been on the sidelines a little too long, and
her recent publicity ventures have not helped her.
Perry has fumbled.
Cain? I’m still on the fence but can’t get past what I regard a serious deficiency: no direct political experience. Let’s face it, Washington is a Hell-hole of back-stabbers and it takes a particular sort of man to deal with it. I’m not sure he knows that world well enough.
Romney projects an image that appeals. That’s all we need, if we have a decent congress behind him.
What the ‘pubs really need is “that vision thing”— the “city on the hill” that Reagan was able to convey.
May a pox fall on your house and the Viking Kitta strike you.
You're so full of Macaca the whites of your eyes are brown.
The RINO Cowboy is finished.
Sarah has been running for four years, playing rope-a-dope with the GOP ruling class and state-controlled media.
She'll officially declare when it is to her strategic advantage.
Believe it or not, she hasn't been preparing all this time so she could crown your chosen Bozo King.
But my yard is green and lush
Sarah has been running for four years, playing rope-a-dope with the GOP ruling class...
You know, that's what I've been doing! I suffered a setback when HBO declined my script for my proposed "Me and my Mutts" series. Not only did my campaign suffer, America lost its chance meet my darling family...
She'll officially declare when it is to her strategic advantage
If Madam considers South Carolina to be advantageous, she'd better get her paperwork done.
I've gotten tired of Sarah and the Palinites and the endless "Wiil she or won't she?" speculation. Who does she think she is, Juan McCain?
Thanks, but I've got plenty of pox already--
it's name is Obama
Bookmarked.
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