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Obama TOP donors

Discussion in 'Political Discussion' started by NEPatriot, Jul 18, 2009.

  1. NEPatriot

    NEPatriot Banned

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    Top Contributors to Barack Obama | OpenSecrets

    :singing::singing::singing::singing::singing::singing:
     
    Last edited: Jul 18, 2009
  2. Harry Boy

    Harry Boy Look Up, It's Amazing PatsFans.com Supporter

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    I thought liberals didn't like these people, will President Prince Barry Big Ears give them the shaft too along with his anti war pals...........:singing:
     
  3. mikey

    mikey In the Starting Line-Up

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    It is no surprise that Obama's top donors: Goldman Sachs, JP Morgan Chase, Citgroup, and Morgan Stanley received unprecedented government assistance and are now earning boffo profits in the midst of a recession with millions of unemployed Americans.

    In contrast, the non-donors - Lehman Brothers and Bears Stearns -- were forced into bankruptcy without any government assistance.

    This is Obama's crony capitalism at work.

    .
     
  4. DarrylS

    DarrylS PatsFans.com Supporter PatsFans.com Supporter

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    From the same source...

    319,000 people gave $345,650,000 millions to Obama for an average donation of $1084
    140,000 people gave $162,900,000 millions to McCain for an average donation of $1164

    If McCain worked harder and appealed to more people then he would have raised more money.. :D:D
     
  5. Patsfanin Philly

    Patsfanin Philly Experienced Starter w/First Big Contract

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    #95 Jersey

    Or if he didn't have unions like SEIU spending tens of millions of dollars both for Obama and against McCain......

    FEC Disclosure Report Search Results
     
  6. Patters

    Patters Moderator Staff Member PatsFans.com Supporter

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    The only way to change campaign finance is through a Constitutional amendment. Until that happens, political parties will have to whore themselves to whoever they can. That said, at least Obama's list includes some Universities, and he got record number of small donations, more than 3 millions, so perhaps that's why he's fighting for things like national health care, that will benefit the little guy more than the big corporations.

    Here are McCain's top donors from the same source:


    Merrill Lynch $373,595
    Citigroup Inc $322,051
    Morgan Stanley $273,452
    Goldman Sachs $230,095
    JPMorgan Chase & Co $228,107
    US Government $208,379
    AT&T Inc $202,438
    Wachovia Corp $195,063
    Credit Suisse Group $183,353
    UBS AG $183,079
    PricewaterhouseCoopers $167,900
    Bank of America $166,026
    US Army $165,370
    Gibson, Dunn & Crutcher $159,596
    Blank Rome LLP $154,226
    Greenberg Traurig LLP $146,437
    US Dept of Defense $143,605
    FedEx Corp $131,974
    Lehman Brothers $126,057
    Bear Stearns $117,498
     
  7. Patters

    Patters Moderator Staff Member PatsFans.com Supporter

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    It's great that groups representing tens of thousands of working people helped Obama get elected. After all, it's thanks to unions that we have things like the 40 hour work week, vacation pay, health insurance, sick leave, safe working conditions, etc. Let's hope unions return to greater power so that the minimum wage goes up and work day gets shorter.
     
  8. mikey

    mikey In the Starting Line-Up

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    Lehman Brothers and Bear Stearns were McCain donors, but not Obama's. So they were promptly eliminated.

    Bank of America and Merrill Lynch were McCain donors but not Obama's. So Treasury forced Bank of American to buy out the toxic Merill Lynch in the hope that both companies will be eliminated.

    All these things make perfect sense to me.

    This is called Obama's crony capitalism.

    .
     
  9. NEPatriot

    NEPatriot Banned

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  10. Patsfanin Philly

    Patsfanin Philly Experienced Starter w/First Big Contract

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    #95 Jersey


    No they have themselves to thank for institutional bureaucracy. How has that worked out with a bloated public service sector in California...oh they're bankrupt nearly....What about the UAW and General Motors....??? Admit it, the unions are the flip side of corporate America donating money to protect their own special interests, no different than corporations or lobbyists.
    As for raising the minimum wage and a shorter work week? That will make us real competitive in a global economy. I love it how people who have never signed the front a paycheck are experts on running businesses. Now that the unions are owning GM, let's see how that works out...
     
  11. Patters

    Patters Moderator Staff Member PatsFans.com Supporter

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    The conservatives blocked CA from raising taxes. It was completely irresponsible of them. The massive disparity in income eventually came to bite companies like GM. If not for Reaganomics, then we would have seen working man's salaries continue to grow so that the UAW wages would have been sustainable. The great economic disparity brought on by Reaganomics basically shifted billions upon billions from the middle class to the wealthy, but some people in the middle class have a love affair with the wealthy so would rather blame working people

    Of course, that's one of the reasons unions exist to counterbalance the enormous influence of corporate lobbyists, Chambers of commerce, and others. Without unions doing that, working people would be even worse off than they are now.

    We won't see a shorter work week now. Obama's needs to continue to straighten out the economy so it benefits working people more than the lazy rich. We had that kind of economy up until the 70s and it was very good. Had Carter stuck to his guns and raised taxes instead of cutting them, the middle class would be better off in this country. But, Carter cut taxes and the economy's spiral continued until Reagan started engaging in what at that time record deficit spending.
     
  12. DarrylS

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    McCain does not appeal to the working man or his unions.. this party tends to side with management and big business, more than the working man, except Joe the Plumber.. what do you expect??? Big cash to McCain..

    All of us Union Folks remember PATCO......
     
    Last edited: Jul 18, 2009
  13. Patters

    Patters Moderator Staff Member PatsFans.com Supporter

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    Obama is a liberal corporate Democrat. I don't think we've ever done any better than that ever. But, to his credit, he is basically trying to change our culture to one in which worker's compensation is more emphasized than the compensation of those who merely look at their stock portfolios. I think he'll have some success. Prior to Reagan, working people were doing better and better and Wall Street investors were doing okay, but not great. Although I want my 401K to climb, I do believe that workers deserve better treatment than the lazy, whether they're rich or poor.
     
  14. mikey

    mikey In the Starting Line-Up

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    Obama is a product of preferential treatment.

    Without affirmative action, he was not going to transfer from Occidental College to Columbia University.

    Without affirmative action, he was not going to Harvard Law School.

    Without preferential treatment from MSNBC, CNN, ABC, CBS, NBC, NYTimes, Washington Post, he was not going to be the President of the United States.

    He is now showing preferential treatment to his corporate cronies, starting with the biggest beneficiary: Goldman Sach, whose employees stand to get millions in bonus while millions of Americans are unemployed.

    .
     
  15. Patsfanin Philly

    Patsfanin Philly Experienced Starter w/First Big Contract

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    #95 Jersey



    California has the 6th highest
    The Tax Foundation - State and Local Tax Burdens: All Years, One State, 1977-2008

    tax burden in the country. It wasn't raising taxes, it was NOT cutting spending or the lack of budgetary restraint that got California into the mess it's in. And when they tried to show some budgetary restraint with cutbacks recently, SEIU calls their friends in the White House to threaten no stimulus money if they followed thru with it......


    SEIU may be linked to ultimatum on withholding stimulus funds - Los Angeles Times
     
    Last edited: Jul 18, 2009
  16. tanked_as_usual

    tanked_as_usual Banned

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    why is it unions are closely tied to the biggest failing industries in american history(steel, autos)? you do understand that the UAW destroyed the american auto????
     
  17. scott c

    scott c On the Game Day Roster

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    I agree...have lots of friends always rubbing it in my face about the paid holidays,sick days,and other benifits...the problem being ive worked with a lot of these guys and they couldnt hold down a real job on the outside if they had to.....they call it the gravy train.....how long can it last???Good question...:)
     
  18. Patters

    Patters Moderator Staff Member PatsFans.com Supporter

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    What about banking and lending? Who do you blame when you don't have unions to blame?

    American cars were never more expensive than foreign ones, and if they had been designed better they would have sold more of them. Maybe there's an auto designers union you can go after, or an engineering union that caused American cars to be less reliable than some foreign cars.
     

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