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Obama Wins 8 of the Nation’s 10 Wealthiest Counties
CNBC ^ | November 7, 2012 | Paul Toscano

Posted on 11/07/2012 6:24:30 PM PST by grundle

In an election that often focused on debates about class warfare, President Barack Obama was favored over multimillionaire businessman Mitt Romney in eight of the nation’s 10 wealthiest counties.

And his margin of victory in all eight counties was greater than that of the national vote, in which Obama was leading by 50 percent to 48 percent with 97 percent of precincts reporting.

The findings are based on a CNBC.com analysis of Census Bureau numbers on average annual household income from 2006-2011 and results from Tuesday’s elections.

The 10 richest counties accounted for 1,337,700 votes, or about 1.1 percent of the national popular vote.

In the richest, Massachusetts’ Nantucket County, where average annual household income is over $137,000, Obama won by 63 percent to Romney’s 36 percent with all precincts reporting. The richest county in Romney’s home state is also where, just prior to accepting the Republican nomination, the former Massachusetts governor held a $75,000-per-person dinner fundraiser.

In none of the richest counties was the margin of victory wider than in California’s Marin County, just north of San Francisco, where the president won by 74 percent to 23 percent, with all precincts reporting. In Marin, the average annual household income is $128,544.

The two richest counties where Romney won were in New Jersey: adjacent Hunterdon and Morris counties in the northern part of the state. Romney won in Morris by 55 percent to 44 percent and in Hunterdon by 59 percent to 40 percent. However, Somerset County, which abuts Hunterdon and Morris, went to Obama by 53 percent to 47 percent.



TOPICS: Miscellaneous; US: California; US: Massachusetts; US: New Jersey
KEYWORDS: 2012analysis; 2012electionanalysis; 2012obamafraud
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1 posted on 11/07/2012 6:24:35 PM PST by grundle
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To: grundle

Hey, at least there is hope if there are successful people voting for Obama. I thought it was only welfare queens and moochers!


2 posted on 11/07/2012 6:26:45 PM PST by sagar
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To: grundle

Lenin had it right. The capitalist would sell the Reds the ropes with which to hang them. Without the money and brains of highly successful people the Dem party would be dead. The SEIU can’t run it on their stupid own.


3 posted on 11/07/2012 6:27:38 PM PST by all the best (`~!)
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To: grundle

Again, wealth and power bring corruption. I can say honestly that Romney didn’t just lose the poor, the real wealthy elites in America were also a point of losing for him. For a little clue, the libs pretty much dominate, statistically speaking the extreme ends on the spectrum. If you took a look at the wealthiest Americans in say, Forbes magazine, you would find that the Democrats have a majority of net worths behind them. Again, it’s an old story, but the Democrats have been in bed with the wealthy and powerful out there for a long, long, time.


4 posted on 11/07/2012 6:29:17 PM PST by Morpheus2009
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To: grundle
They are the super rich, they can afford it.

These are the “too big to fail” group

The small businessman can't

5 posted on 11/07/2012 6:32:06 PM PST by RedMonqey (America: It was a good run. Last conservative, Please turn off the lights...)
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To: sagar

Old money, trust funders, media elite, finance people. Did somebody say “productive”?


6 posted on 11/07/2012 6:34:14 PM PST by LifeComesFirst (http://rw-rebirth.blogspot.com/)
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To: Morpheus2009

but isn’t it funny how it is the republican who is demonized for his wealth?


7 posted on 11/07/2012 6:35:58 PM PST by EBH (0bama is guilty of willful neglect of duty.)
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To: grundle

Let’s see how they like it when they are forced to spread the wealth.


8 posted on 11/07/2012 6:37:08 PM PST by matt04
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To: matt04

I think I’m going to get in line with my hand out. I want me some of that wealth spreading since a majority of Americans voted for it. Yep, we all need to get our slice of the pie too.


9 posted on 11/07/2012 6:42:03 PM PST by Catsrus (WANT)
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To: EBH

Not really, when you consider that the vast majority of those involved in private equity are Democrat, and Romney is an exception, it’s not far-fetched for them to despise him for it, and running as opposed to being an Obama campaign donor.


10 posted on 11/07/2012 6:42:07 PM PST by Morpheus2009
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To: randita

VA and PA ping


11 posted on 11/07/2012 6:43:07 PM PST by Perdogg
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To: grundle

Hehe, and people find this surprising. Socialism, fascism/marxism/communism, are just a re-packaged form of monarchy. The only variation is who gets to call the shots, and who can take the gold. The old line wealth learned this long ago, and the new line wealth just figured this out. If they know that their industries will be nationalized, they’ll get into bed with the dictator, hoping that they get screwed last, or at least curry favor.


12 posted on 11/07/2012 6:43:34 PM PST by factoryrat (We are the producers, the creators. Grow it, mine it, build it.)
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To: grundle

Good and I hope they get taxed up the wazoo..........they own it but they will probably cry like babies when they get taxed.


13 posted on 11/07/2012 6:45:20 PM PST by proudCArepublican
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To: matt04

You have to understand that redistribution is partisan, and plenty of statements are strictly for show. Obama and his policies have yet to really amount to any serious criticism of a wall street banker. In fact, most of it has been an act to make it look like he cares. Where’s all the arrests of evil AIG, or Goldman-Sachs? or How about the bailed out Bank of America? The left enjoys doing exactly what they accuse others of doing? They don’t despise it: They revel in it.


14 posted on 11/07/2012 6:45:54 PM PST by Morpheus2009
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To: sagar

I could be wrong...I have been before, but my opinion is there is a huge difference in people that earn their money and those that inherited it...


15 posted on 11/07/2012 6:46:25 PM PST by Tammy8 (~Secure the border and deport all illegals- do it now! ~ Support our Troops!~)
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Comment #16 Removed by Moderator

To: grundle

Fairfax and to a lesser extent Loudoun counties get their wealth from defense work. That’s why it is critically important to sequester and cut off that gravy train. Many other blue counties will suffer as well. The next thing that will happen is Feinstein will go visit dirty Harry and tell him to call Boner and cut a deal on taxes. If Harry dithers she will throw him across the room. Once senate dems fall in line on a tax deal, Obama will simply sign it.


17 posted on 11/07/2012 6:48:32 PM PST by palmer (Jim, please bill me 50 cents for this completely useless post)
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To: grundle

I have some very wealthy family members and they are all far left liberals.

1. They believe the Federal Government should help people. NOT them. Not their time, talent or money. But somebody else should do it. They support every big/all government programs as it helps their guilt for having so much.

2. NONE of them believe that ANY of these programs will affect them. Wait in line for a doctor? Not a chance in hell. Section 8 housing? Not in their neighborhood. Private schools for all their children. Government programs are for the little people.

3. Taxes? They have armies of accountants and lawyers and shield nearly all of their assets and income. Taxes are for the little people.

4. They honestly believe they are doing God’s working supporting Obama.


18 posted on 11/07/2012 6:49:05 PM PST by 2banana (My common ground with terrorists - they want to die for islam and we want to kill them)
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To: grundle
when you serve the ultra rich and the poor, you know where it leaves the middle, working class....

I've always said that "taxing the rich" is really code for "taxing the middle"....in some way, somehow, they'll figure it out..

19 posted on 11/07/2012 6:51:22 PM PST by cherry
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To: grundle

I hope they are taxed so freaking hard that they will be on EBT cards come 2014.


20 posted on 11/07/2012 6:52:20 PM PST by My Favorite Headache (In a world where I feel so small, I can't stop thinking big.)
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