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.