Posted on 08/29/2012 6:42:27 AM PDT by SeekAndFind
As Mitt Romney accepts the Republican Party’s presidential nomination this week, he will try to convince voters across the nation that he has the executive experience and business savvy needed to strengthen its economy – and that he’s the best person to lead the country.
Americans may be evenly divided on that question – Romney leads President Obama 47 percent to 46 percent in a new Washington Post/ABC News poll of registered voters – but Wall Street has already made its presidential preference clear. After supporting Obama in 2008, financial firms and the people who work at them have lined up squarely behind Romney, the man from Bain Capital, this year. So far this election cycle, workers in the securities and investment industries have donated $11.5 million to Romney compared with $4.2 million to Obama, according to the Center for Responsive Politics. As of August 21, the five largest contributors to the Romney campaign's war chest have all been big financial institutions (see chart below).
Overall, the securities and investment industries have given more than $67 million to Republican campaigns and less than $40 million to Democrats. That excludes contributions to Super PACs, where the balance of Wall Street donations has been even more skewed toward Romney and conservative groups. Donors in the securities and investment industries have given nearly $51 million to outside groups this election cycle, with nearly $44 million of that going to conservative groups, according to the Center for Responsive Politics.
(Excerpt) Read more at thefiscaltimes.com ...
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Top Contributors to the Presidential Candidates
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| Barack Obama |
Mitt Romney |
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| University of California | $491,868 | Goldman Sachs | $676,080 | |||
| Microsoft Corp. | $443,748 | JPMorgan Chase & Co | $520,299 | |||
| Google Inc. | $357,382 | Morgan Stanley | $513,647 | |||
| DLA Piper | $331,715 | Bank of America | $510,728 | |||
| Harvard University | $317,516 | Credit Suisse Group | $427,560 | |||
| Source: Center for Responsive Politics; Data as of 8/21/2012 | ||||||
Whew, for a minute there I thought we might end up with a President who wasn’t bought and paid for by Wall Street.
Eventually dawned on them that communism might be bad for business.
Trust me.. Wall Street is running from OBAMA!
They know they have milked Obama dry and are starting to worry he might be out on the sidewalk after the election anyway.
So now they’ll try to scam the other side.
No, they’re just spreading their bets.
well, it frees Obama to drop all pretense and run as a flat-out Socialist
You will know where Obama stands when CNN and MSNBC proudly state that Bank of America field, where Obama will be coronated is being called something else.
Maybe I am crazy, but how in the world can a public university donate to ANY political candidate?
I don’t think it really matters. Both parties rake in a ton from Wall Street. I just think touting “hey, our guy is knee deep in the filthy lucre” might not be the best strategy.
Except for Harvard where they train as many to be communists as they can
No, Wall St. in rebellion.
Maybe I am crazy, but how in the world can a public university donate to ANY political candidate?
They are all PACS, bundled individual donations, not actually a donation from the school. That’s my guess, anyway. Most of the big companies do it that way, also. They might hide a corporate donation in that bundle if the rules permit. I know that is the way some of the oil companies operate.
Needs some editing...
So now they’ll try to scam THEY"VE BOUGHT the other side.
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