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(Free-Market, Job-Creating) Wall Street ditches Obama, backs Romney
cnn money ^ | 5/29/2012 | Charles Riley

Posted on 05/29/2012 3:26:32 AM PDT by tobyhill

Hell hath no fury like a woman scorned -- but what about a Wall Street titan?

Deep-pocketed financiers have abandoned President Obama and are flocking to Mitt Romney in droves, providing more donations to his campaign than any other industry except retired workers. (And that's not really an industry.)

Individuals who work in the securities and investment industry have given the Romney campaign $8.5 million through the end of April, according to data from the Center for Responsive Politics.

Over the same time period, Obama has brought in only $3 million from securities and investment workers, and the industry is only the campaign's fifth largest source of funds.

"They have basically ditched Obama," said John Dunbar, the managing editor for politics at the Center for Public Integrity. "Romney is just a much friendlier candidate if you are a banker."

(Excerpt) Read more at money.cnn.com ...


TOPICS: Business/Economy; Extended News; News/Current Events; Politics/Elections
KEYWORDS:

1 posted on 05/29/2012 3:26:37 AM PDT by tobyhill
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To: tobyhill

The MSM is FOCUSED on Wall St. as the enemy.

The panderer-shapeshifter, Milt, fills the bill.
Romney has NO CHANCE.


2 posted on 05/29/2012 3:30:55 AM PDT by Diogenesis ("Freedom is never more than one generation away from extinction. " Pres. Ronald Reagan)
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To: tobyhill

Time for Obama to re-deploy his Occupy Wall Street thugs as a second warning to the robber barons.


3 posted on 05/29/2012 3:31:40 AM PDT by Dr. Thorne (Don't vote for anyone who worked for Goldman Sachs)
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To: tobyhill

Is there a shortage of coke on the street?


4 posted on 05/29/2012 3:35:21 AM PDT by monocle
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To: Dr. Thorne

That’s exactly what this article is trying to do but it won’t work.


5 posted on 05/29/2012 3:36:10 AM PDT by tobyhill (Conservatives are proud of themselves, Liberals lie about themselves)
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To: tobyhill

Wall Street ditches Obama, backs Romney

You boys had better make sure Romney wins, or President Barack Hussein Mountain Dew Obama Comacho will be coming after you...


6 posted on 05/29/2012 3:57:48 AM PDT by Common Sense 101 (Hey libs... If your theories fly in the face of reality, it's not reality that's wrong.)
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To: tobyhill

The question is why would ANYONE even remotely connected with Wall St back n0bama in the first place?


7 posted on 05/29/2012 4:02:51 AM PDT by YankeeReb
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To: YankeeReb

That truly is the question.
\Why would anyone who isn’t on welfare or unemployment back Obama.


8 posted on 05/29/2012 4:07:00 AM PDT by Venturer
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To: YankeeReb

They live in a sea of liberal media brainwashing and political correctness.

It still doesn’t completely explain it.


9 posted on 05/29/2012 4:07:09 AM PDT by FreedomPoster (Islam delenda est)
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To: tobyhill

the media is freaking out because Romney super-PACs are running ads tying OBAMA to Wall St., which is 100% true.


10 posted on 05/29/2012 4:11:22 AM PDT by montag813
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To: YankeeReb
Many of the power brokers are rabid dims... some of them are true believers and believe in the same things that obamao believes in... and wall street is NOT without blame. Billions of tax dollars have been stolen and obamao spread our future wealth to them. Not all of wall street is bad... not by a long shot... but evil sits in seats of power there. I am not OWS... I believe that group is a disease but I also know how much money has been pissed away there since the bail out. Wait until the EU folds and we start to see how corrupt and entangled certain WS institutions are with them... they will beg and plead for more chicom dollars to be given to them. What will Uncle Sugar say to them?

LLS

11 posted on 05/29/2012 4:13:24 AM PDT by LibLieSlayer (Don't Tread On Me)
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To: montag813

This article is an attempt to resurrect OWS but I think even most of them are realizing that it’s Wall Street that allows investors to grow companies and in turn hire people.


12 posted on 05/29/2012 4:14:31 AM PDT by tobyhill (Conservatives are proud of themselves, Liberals lie about themselves)
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To: YankeeReb

If you look a bit deeper, you find that ‘they’ [most of big business/Wall street, etc.] actually give to both sides.

Sort of greasing the skids for whomever might win.


13 posted on 05/29/2012 4:15:12 AM PDT by TomGuy
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To: YankeeReb

The question is why would ANYONE even remotely connected with Wall St back n0bama in the first place?

Like Obama, Wall street is about crony capitalism and special privileges.


14 posted on 05/29/2012 4:15:33 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
... Like Obama, Wall street is about crony capitalism and special privileges.

Bingo. It only took 14 posts.
15 posted on 05/29/2012 5:44:18 AM PDT by khelus
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To: tobyhill

Is this a good thing or a bad thing?

Is it a good or bad thing that the same people who wanted Obama to give them a bailout and hand them some cash on Wall Street are behind Romney now?

What do they want? And how do they view Romney?


16 posted on 05/29/2012 6:42:46 AM PDT by Mozilla (Constitution Party 2012)
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To: tobyhill

You know Wall Street has nobody but themselves to blame for Obama. They backed him and supported him knowing full well what he was in 08.


17 posted on 05/29/2012 6:47:07 AM PDT by Mozilla (Constitution Party 2012)
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To: montag813

“the media is freaking out because Romney super-PACs are running ads tying OBAMA to Wall St., which is 100% true.”

Considering the situation we are in now...I think that is a good move. Tie Obama to the policies he is allegedly against because they guy actually was for it in 2007-09. he was courting Wall Street in his first presidential run and his first year in the White House.


18 posted on 05/29/2012 6:53:19 AM PDT by Mozilla (Constitution Party 2012)
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To: tobyhill

Obama’s Wall Street
http://www.youtube.com/watch?v=zt3vwWfP-EA

Justice for Sale
http://www.youtube.com/watch?v=QEGjc46RoCQ

GSA
http://www.youtube.com/watch?v=GFOiOzxVezQ

Crossroads GPS: Obama’s Promise
http://www.youtube.com/watch?v=NT8xAlxKV-w


19 posted on 05/29/2012 8:26:57 AM PDT by Mozilla (Constitution Party 2012)
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To: tobyhill

Crossroads GPS: Shovel Ready
http://www.youtube.com/watch?v=OvnAE8olUxU

Carter-Obama Ad:
http://www.youtube.com/watch?v=40UqzNa4FEY

Crossroads GPS: “2 Presidents”
http://www.youtube.com/watch?v=xr7HzKug5YM

Crossroads GPS- Obama & Gas Prices
http://www.youtube.com/watch?v=yAqJkvfHrQc

Obamacare Fact Check: Two Years Later
http://www.youtube.com/watch?v=ueMirhybNQs


20 posted on 05/29/2012 9:21:10 AM PDT by Mozilla (Constitution Party 2012)
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