July 17, 2011

Cracks, Part II

"THE POUTUS (courtesy of Big Hairy News)

SISTER TOLDJA MOMENT: So soon? News breaking courtesy of Bloomberg via Hot Air headlines (emphasis added):

A year after President Barack Obama signed into law the most extensive financial regulations since the Great Depression, Wall Street so far is putting its political money elsewhere.

Employees of Goldman Sachs Group gave Republican presidential candidate Mitt Romney $238,250 in the last three months, more than workers at any other company, according to a computer-assisted analysis of Federal Election Commission data. Obama took in $10,113.

Four years ago, employees of New York-based Goldman gave $994,795 to Obama and $234,275 to Romney, according to the Center for Responsive Politics, a Washington-based research group. For both candidates, it was more than any other company’s employees.

I know it's not much and I know Obama's fund raising has raked in $86 millions to date, but it is a shift in the paradigm and the GOP candidates are totally unfocused and in contention with each other. But I am -- at the moment -- an A.B.O. (Anyone But Obama) and if Romney can drive a lance through his re-election bid's heart, then I am backing that horse.

Funny thing though, you get the whiny pissant spokesman trying to defuse this:

"It’s telling that they would make Governor Romney’s support for rolling back Wall Street oversight -- protections put in place to ensure that the financial crisis doesn’t reoccur -- part of their fundraising pitch,” said Ben LaBolt, an Obama campaign spokesman.

Yeah, whatever. They report how you guys are going after small contributions and staying away big interests -- or at least you say you are -- but recently Obama released a list of "bundlers" who contributed funds to the campaign:

Obama announced his fundraising totals on Wednesday, saying that the campaign and the party took in more than $86 million between them. The Democratic National Committee will spend most of its money to re-elect the president.

The president on Friday released a list of 244 people who raised at least $50,000 for his re-election campaign by donation bundling, the practice of soliciting friends and associates to make donations to the campaign.

..and whose to say that the "small contributors" to The Pantload's campaign are union members who have been shown the light of day by their bosses?

For now, Obama's machine owns fund raising (he's doing a lot of it on our dime) but it will be instructive to see what happens to donations to the GOP candidates as the field adds the likes Perry of Texas or even Sarah Palin.


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