Is it a radical statement to say the president should have issued this statement long-ago in regards to Occupy Wall Street? Because he hasn’t. I’d like to take this moment to point out how much Wall St. gave Barack Obama in 2008…
- Goldman Sachs: $1,013,091
- JPMorgan Chase & Co: $808,799
- Citigroup Inc: $736,771
- UBS AG: $532,674
- General Electric: $529,855
- Morgan Stanley: $512,232
- Latham & Watkins: $503,295
- Total: $4,636,717
Here’s the top two recipients of donations from the financial/securities and investment sector since 2012:
As far as Wall Street, Obama’s already received over a third of what they donated in 2008 for the entire cycle. Though we can see who Wall Street’s favorite is for the GOP side. I don’t think it’s possible to deny the influence of corporate Wall Street dollars in our elections.
Let’s take Goldman Sachs as an example. Here’s their break down for 2012: They’ve donated a total of $1,858,958 thus far, $508,609 to Democrats and $1,350,349 to Republicans, for a 27%/73% split.
Compare to 2008. By the end of the election cycle, Goldman Sachs donated $6,025,681. Of that, $4,489,893 went to Democrats, and $1,525,448 went to Republicans for a 75%/25% split.
This is why I laugh nearly uncontrollably when I hear Fox News talking about Obama’s occupiers. He’s not on our side, guys.
Essentially, we’re supposed to support democratic movements elsewhere, not here at home. God forbid you actually participate.
Gotcha.
