TeeJaw Blog

Wall Street Loves Obama

Posted in Government and Politics by TeeJaw on Wednesday, October 19, 2011, 11: 53 PM

Well, I looks like they do.  Consider this headline from the Washington Post:

Obama still flush with cash from financial sector despite frosty relations

Despite frosty relations with the titans of Wall Street, President Obama has still managed to raise far more money this year from the financial and banking sector than Mitt Romney or any other Republican presidential candidate, according to new fundraising data.

I wonder if they are showering him with money because they love him…or because they’re afraid of him.  Machiavelli said it is better to be feared than loved.

Considering how Obama is trashing Wall Street and the things he’s trying to do to them, maybe they’re just dumb.  Or trying to buy their way out of the jam he wants to put them in.  Nah, they know he’s just playing the class warfare card because he can’t run on his miserable record and he’s desperate to get reelected.

It’s not wonderful that Obama is raising more money from Wall Street than Republicans.  Frosty relations?  That’s BS.  There are no Republicans on Wall Street.  Main street is where Republicans are found.  The plutocrats on Wall Street are very liberal Democrats.  They give there money to Democrats, and then Democrats demonize Wall Street.  It’s just a political ploy, and it’s effective.

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