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Longtime Democrat and Obama Contributor Allegedly Defects to Romney Camp
The Blaze ^ | September 28, 2011 | Becket Adams

Posted on 09/29/2011 12:43:42 AM PDT by Watchdog85

Jamie Dimon, a JP Morgan CEO and once financial supporter of President Obama, has allegedly defected to the Mitt Romney camp.

Dimon, a longtime Democrat who was once rumored to be on the “short list” for treasury secretary before Tim Geithner got the job, met privately with Romney on Tuesday morning before a fund-raiser at Brasserie 8¹/2 hosted by Highbridge Capital—a JPMorgan-owned hedge fund.

Dimon, who was spotted “in a discreet one-on-one” discussion with Romney, cannot legally publicly endorse a candidate because of his position on the board of the Federal Reserve Bank of New York. (But he still donated to Democratic candidates in 2008.)

While Dimon’s spokesman declined to give The New York Post a comment, a JP Morgan insider told them that Dimon has not attended an Obama fund-raiser and has not contributed to his campaign during this election cycle. What is even more interesting is that Dimon has met privately with many of the Republican presidential candidates.

“Dimon will continue to look bipartisan, then work behind the scenes to get a Republican elected,” says New York Magazine.

Political insiders are speculating that Dimon’s defection signals a massive rift between Obama and his former Wall Street supporters.

Calling them “fat Cats” in 2009 probably did not help.

“I don’t think the president of the United States should paint everyone with the same brush,” Dimon said in reference to the perceived hostility from the Obama administration.

One insider said, “There is not a person on Wall Street, with the exception of the genetic Democrats, who would get anywhere near supporting Obama. The hostility to the administration is huge.”

Romney has so far raised twice as much money as Obama from Wall Street, with at least 100 donors who backed the president in 2008 switching sides, reports Salon.

“It’s never fair to punish everybody regardless of their behavior,” Salon quotes Dimon of having said last year about Obama’s anti-Wall Street push. “There are good banks and bad banks just like there are good politicians and bad politicians, and I’m not going to sit here and accept that somehow it’s OK.”


TOPICS: News/Current Events; Politics/Elections
KEYWORDS: obama; rino; romney
Romney=Obama and Romney=RHINO
1 posted on 09/29/2011 12:43:47 AM PDT by Watchdog85
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To: Watchdog85

The Wall Street bankers have their guy picked out.


2 posted on 09/29/2011 12:52:19 AM PDT by Hugin ("A man'll usually tell you his bad intentions if you listen and let yourself hear it"--- Open Range)
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To: Watchdog85

I wouldn’t read too much into this.

Wall Street tends to support the party or people that are in best position to help them.

That’s all this means.


3 posted on 09/29/2011 12:52:46 AM PDT by Jonty30
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To: Hugin

This tells ya everything you need to know about Mitt Romney.


4 posted on 09/29/2011 12:53:16 AM PDT by sklar
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To: Watchdog85

>Jamie Dimon, a JP Morgan CEO and once financial supporter of President Obama, has allegedly defected to the Mitt Romney camp.

isn’t that racist?


5 posted on 09/29/2011 12:59:20 AM PDT by SF_Redux (Sarah stands for accountablility and personal responsiblity, democrats can't live with that)
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To: Watchdog85

A rat’s tail helps him maintain balance as he jumps from one sinking ship to another.


6 posted on 09/29/2011 1:06:38 AM PDT by cynwoody
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To: Watchdog85
At least he won't have to make any ideological compromises.
7 posted on 09/29/2011 1:14:38 AM PDT by shibumi (Goi! Rode, Goi!)
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To: Watchdog85

Wall Street people usually support a candidate who (1) they think has good chance of winning and (2) will not bite them once he/she gets elected. They failed to follow their own counsel in 2008. I don’t think it has anything to do with being RINO or not. I somehow doubt Palin, Cain or any candidate would decline any support from them.


8 posted on 09/29/2011 1:40:12 AM PDT by paudio (0bama is like a bad mechanic who couldn't fix your car; he just makes it worse. Get somebody else!)
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To: paudio

“I don’t think it has anything to do with being RINO or not. I somehow doubt Palin, Cain or any candidate would decline any support from them.”

Well put.


9 posted on 09/29/2011 1:44:45 AM PDT by MplsSteve (Amy Klobuchar is no moderate. She's Al Franken with a nicer smile.)
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To: Watchdog85

“Jamie Dimon, a JP Morgan CEO and once financial supporter of President Obama, has allegedly defected to the Mitt Romney camp. “

I don’t think I would call this a “defection”...enlightenment would probably be a better word.


10 posted on 09/29/2011 1:46:03 AM PDT by Wpin ("I Have Sworn Upon the Altar of God eternal hostility against every form of tyranny...")
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To: shibumi
At least he won't have to make any ideological compromises.

Wish I could give this a thumbs up or a vote or something.

11 posted on 09/29/2011 2:22:45 AM PDT by BinaryBoy (Stuck with a local RINO? Regardless of who you vote for, donate $$$ to a different district.)
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To: BinaryBoy

So what’s the difference in those two? Both are losers.

Our country is so screwed!


12 posted on 09/29/2011 3:02:23 AM PDT by DaveA37
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To: Watchdog85

Romney is definitely the “acceptable” alternative to Obama in NYC, from financiers on down.


13 posted on 09/29/2011 3:08:16 AM PDT by 9YearLurker
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To: shibumi
At least he won't have to make any ideological compromises.

I wish everybody posted in bold, it makes it easier to read but then what would we do for emphasis?

Wait, I know! We can always underline. Yer right about the rat not having to make any ideological compromises too.


14 posted on 09/29/2011 4:08:33 AM PDT by Graybeard58
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To: 9YearLurker

Yeah, Romney is more of the same establishment garbage that has brought our country to the brink. I’ll take a crippled do nothing Obama for 4 more years over 8 years of Romney. Either way the country won’t survive.


15 posted on 09/29/2011 4:10:29 AM PDT by freedomfiter2 (Brutal acts of commission and yawning acts of omission both strengthen the hand of the devil.)
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To: freedomfiter2

There is something to be said for a squishy GOP Congress at least opposing the statist initiatives of a Democrat president—they’d be all in behind all the big-government ideas of of Republican one.


16 posted on 09/29/2011 4:13:59 AM PDT by 9YearLurker
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To: Watchdog85

It’s just a small indication that “the fix is in” and the GOP/RINOs are doing all they can to bolster their “boy’s” selection process.

Even Democrat supporters are already “greasing the political wheels” in advance of awaiting their favors from the “anointed” GOP member’s club.

The GOP establishment will do everything in their power to place Romney into the presidential office. After all...he is a lifetime member of “the good ole boys” club.


17 posted on 09/29/2011 4:55:33 AM PDT by DH (Once the tainted finger of government touches anything the rot begins)
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To: Watchdog85

How could he defect when they are on the same side?


18 posted on 09/29/2011 5:18:12 AM PDT by Raycpa
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To: Watchdog85

Mr. Dimon can expect a visit from the IRS shortly.


19 posted on 09/29/2011 5:49:12 AM PDT by bjorn14 (Woe to those who call good evil and evil good. Isaiah 5:20)
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To: Graybeard58
But - I don't ~always~ post in bold.
20 posted on 09/29/2011 7:42:28 AM PDT by shibumi (Goi! Rode, Goi!)
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