Occupy Obama
He's just another politician, really he is. Dan Eggen and T.W. Farnam write at the WaPo:
Despite frosty relations with the titans of Wall Street, President Obama has still managed to raise far more money this year from the financial and banking sector than Mitt Romney or any other Republican presidential candidate, according to new fundraising data.Obama's key advantage over the GOP field is the ability to collect bigger checks because he raises money for both his own campaign committee and for the Democratic National Committee, which will aid in his reelection effort.
As a result, Obama has brought in more money from employees of banks, hedge funds and other financial service companies than all of the GOP candidates combined, according to a Washington Post analysis of contribution data. The numbers show that Obama retains a persistent reservoir of support among Democratic financiers who have backed him since he was an underdog presidential candidate four years ago.
...Obama's ties to Wall Street donors could complicate Democratic plans to paint Republicans as puppets of the financial industry, particularly in light of the Occupy Wall Street protests that have gone global over the past week.







When was he an underdog?
People were praising him like the second coming of Jesus before he even won the nomination.
He SHOULD HAVE BEEN an underdog, because he is so UNDER qualified. But he wasn't to my recollection.
Robert at October 20, 2011 2:29 AM
Never forget that to those backers, what he's doing is JUST DANDY.
Radwaste at October 20, 2011 2:42 AM
Great of you to post this. I was about to link it in the free swim
Crid [CridComment at gmail] at October 20, 2011 3:26 AM
Obama's ties to Wall Street donors could complicate Democratic plans if the press would ever acknowledge them, but since that's not going to happen he has nothing to worry about.
koko at October 20, 2011 7:03 AM
I'll have to find it again, but I saw something today where a Wall Streeter made it clear that he was going to make a large donation to Obama expressly to curry favor. His firm is very concerned about the thousands of pages of regulations that Dodd-Frank authorizes, which have yet to be written.
Cousin Dave at October 20, 2011 7:14 PM
Yep, he is just another politician. I've never been blind about that even when voting for him. Just think that, as "electable" (i.e. corrupt) politicians go, he's closer to my views than most. Which is the trade-off I think most smart people make.
LYT at October 20, 2011 8:06 PM
LYT, he's repugnant. Don't pretend this was the best available representative for your deepest beliefs... You mock yourself.
Crid [CridComment at gmail] at October 20, 2011 11:24 PM
Amy Alkon
https://www.advicegoddess.com/archives/2011/10/occupy-obama.html#comment-2680979">comment from Crid [CridComment at gmail]LYT, how could you look at a guy who was best known for his accomplishment as a serial "present" voter in the Senate and find him a qualified candidate for President, not to mention one who reflected your beliefs?
Is your strongest belief a belief in sometimes showing up and saying you've done so?
Amy Alkon
at October 20, 2011 11:39 PM
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