I caught a bit of John Stossel this morning and saw a chart fleeting by on the screen showing that it is President Obama who by far has benefited the most from campaign contributions from Wall Street “fat cats.” I tried to find the chart and couldn’t, but did see this article at The Daily Caller last Monday which says the same thing (posted here in case you didn’t see it).
I wonder do those guys pooping on police cars in New York, know this?
No comment from the White House!
Despite his rhetorical attacks on Wall Street, a study by the Sunlight Foundation’s Influence Project shows that President Barack Obama has received more money from Wall Street than any other politician over the past 20 years, including former President George W. Bush.
In 2008, Wall Street’s largesse accounted for 20 percent of Obama’s total take, according to Reuters.
When asked by The Daily Caller to comment about President Obama’s credibility when it comes to criticizing Wall Street, the White House declined to reply.
Then do you remember the outrage from Obama last week about those Bank of America debit card fees?
Being Wall Street’s campaign cash king is hardly the image President Obama has been trying to project in public, where he has been setting himself up as the champion of the progressive Occupy Wall Street movement and as the avenger of jilted Bank of America customers.
“Banks can make money,” Obama said last week, responding to questions during an interview with ABC News about Bank of America’s decision to levy a $5 monthly fee on debit card users. “They can succeed, the old-fashioned way, by earning it.”
In fact, the Sunlight Foundation, a nonpartisan watchdog group that tracks lobbyist spending and influence in both parties, found that President Obama has received more money from Bank of America than any other candidate dating back to 1991.
But, those Wall Street protesters (defecating on cars) are not likely to be swayed by the facts.