The Rude News

Wall Street & Barack Obama

September 25th, 2008

Change you can believe in.

Securities & Investment: Money to Congress

 

Top Contributors

 

Barack Obama’s #1 Donating Industry

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Here is a great post from Strategic_Thought, where the New York Times defends President Bush trying to reform Fannie Mae and Freddie Mac, and Barney Frank and Mel Watt, lead the Democrats in defeating that reform.

  • ”These two entities — Fannie Mae and Freddie Mac — are not facing any kind of financial crisis,” - Barney Frank 

 

Here is Citzen Wells on the Federal Housing Enterprise Regulatory Reform Act of 2005, the Republican reform act.

Even more on that Act from the SacUnion.

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Now that you have some perspective, read Stanley Kurtz’s bit of recent news on Barack Obama’s past.

Now go vote for McCain.

2 Responses to “Wall Street & Barack Obama”

  1. DMG

    That’s misleading Rude, because at the botton of the website it says PACS and individuals. It’s well known that

    That’s misleading.

    Obama Lifetime contributions:
    Individual Contributions $391,163,341 (94%)
    PAC Contributions $1,328,223 (0%)
    Candidate self-financing $10,500 (0%)
    Other $25,716,683 (6%)

    McCain Lifetime contributions (this is not equivalent because McCain has had a longer career):
    Individual Contributions $182,964,544 (74%)
    PAC Contributions $4,948,608 (2%)
    Candidate self-financing $3,000 (0%)
    Other $45,779,580 (18%)

    McCain top 5 Contributers:
    Merrill Lynch $306,813
    Citigroup Inc $277,251
    Goldman Sachs $234,345
    Morgan Stanley $234,272
    AT&T Inc $192,557

    That ain’t chump change.

    But you get my point, right? You are barking (no pun intended) up the wrong tree here. They both take money. You couldn’t run in a Presidential Election, without taking big name contributions. Period. Can we get back to important subjects?

  2. The Rude Dog

    It’s PACS and individuals in the industry. Not invidual citizens outside the industry.

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