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View Full Version : Barack Obama And Wall Street: 6 Prominent Bankers And Their 'Unholy Alliance'




bobbyw24
11-13-2010, 12:21 PM
Conventional wisdom has it that Wall Street is the ultimate bastion of free-market capitalism and that the big bankers are, of course, diehard Republicans, red to the core. But the truth is far from that: Many of the leaders of the world's financial firms are as liberal as they come. As attorney and political strategist Jack Burkman explains, "People tend to associate Republicans with Wall Street, but the truth is, it's the Democrats that are in bed with the Street. And that's certainly true with Obama. He's been in bed [with them] from the beginning. And that was crucial to his victory. Without Wall Street's initial support he doesn't have credibility ... No doubt about it. Without Wall Street, Obama would not be in power today."

Maybe it's just to score points on the Manhattan cocktail circuit, but these six bankers break the mold and bleed Obama blue; what's more they all gave eye-popping amounts of green in the last election cycle to help elect a president they truly bought and paid for. Combined, these six alone gave $282,100 in the last cycle to the Democrats; their combined donations to Republicans: $7,650. That would be almost 37 times as much money going to the left as to the right. For more, see my just-released book, "Bought and Paid For: The Unholy Alliance Between Barack Obama and Wall Street."

http://www.huffingtonpost.com/charles-gasparino/barack-obama-wall-street_b_755845.html#s153049

Brian4Liberty
11-13-2010, 12:52 PM
It's a good book. Really reveals the dirt behind the banker/government collusion against the taxpayer. The banksters push debt like drug dealers. They love deficit spending and gov bonds. They make money by underwriting, selling, bundling, and reselling government debt at all levels. Corrupt politicians from both sides go along with it because it makes them look good in the short run, all at the expense of current and future taxpayers. It's the same reason the banksters secretly back Cap and Trade. They stand to make billions on distributing and reselling carbon credits.

And it reveals the big secret that Obama has been their tool from day one. I would ask Charlie why he waited until now to let the cat out if the bag. It's like Bush and his neo-con/PNAC handlers: many people in the mainstream media knew, but they didn't say anything until after the election.

HOLLYWOOD
11-13-2010, 01:17 PM
US Senator Charles Schumer of New York has such an alliance and abundence of campaign donations from Wall Street and a huge war chest, that he has stopped accepting anymore from the Bankers/Wall streeters.

Gasparino goes into detail of the left and liberals running the Banks Wall Street:

http://ecx.images-amazon.com/images/I/51DtKaSjnfL._SL500_SL500_.jpg

Brian4Liberty
11-13-2010, 04:17 PM
Haven't gotten to the part about Schumer yet. Should be good.

Brian4Liberty
11-15-2010, 11:23 AM
Will Wall St. get Bloomberg to run?



By CHARLES GASPARINO
...
And barring an independent run by Mr. Bloomberg (which even his most optimistic Wall Street supporters concede is a long shot), the big bankers are planning once again to return to Mr. Obama's side for 2012. Maybe not to the same degree as in 2008, when Goldman Sachs employees gave more donations to the Obama campaign than any other organization except the University of California. But enough to give the president a decent advantage in his bid for re-election.

The reasons to expect this about-face are partly ideological: People like Larry Fink at BlackRock, Jamie Dimon at J.P. Morgan Chase, Brian Moynihan at Bank of America, and Lloyd Blankfein and Gary Cohn at Goldman Sachs are all social liberals who largely support the president's agenda on health care, taxes and the environment. That's why they like Mr. Bloomberg so much—he's Mr. Obama without the rhetoric of class warfare.
...
http://online.wsj.com/article/SB10001424052702303362404575580564099427490.html