Saturday, July 16, 2011

ROMNEY leads Obama big on Wall Street

Hi All
I'm mulling over the impact of the following , but it is obvious that Wall Street and the American investment community are clearly moving towards Mitt for 2012. I guess I couldn't say the same for Hollywood

Goldman Favors Romney Over Obama in Race for Wall Street Funds


A year after President Barack Obama signed into law the most extensive financial regulations since the Great Depression, Wall Street so far is putting its political money elsewhere.

Employees of Goldman Sachs Group gave Republican presidential candidate Mitt Romney $238,250 in the last three months, more than workers at any other company, according to a computer-assisted analysis of Federal Election Commission data. Obama took in $10,113.

Four years ago, employees of New York-based Goldman gave $994,795 to Obama and $234,275 to Romney, according to the Center for Responsive Politics, a Washington-based research group. For both candidates, it was more than any other company’s employees.

In addition, Romney took in $2.1 million from donors reporting a New York state address, where the financial industry is headquartered, FEC data shows. Obama raised $1.3 million during the same period. For the 2008 election, Obama raised $50.5 million in the state; Romney raised $2.8 million, according to the center.

Romney and Obama were among the candidates offering the first looks at their presidential fundraising. Their FEC reports cover donations through June 30.



Dave said...

This is really good news. Romney SHOULD be a hit on Wall one else can jumpstart the economy and get the country back on the right least, not as well.

Right Wingnut said...

Good for Mitt, but this isn't usually seen in a positive light among the rank and file. It reeks of chrony capitalism.

I doubt Mitt would run around touting this publically.

Massachusetts Conservative said...

Keep beating the "crony capitalist" drum against Mitt.

It is unsubstantiated and demonstrably false.

In fact, Mitt fought hard to end crony capitalism in Massachusetts, closing over $400 billion in loopholes for special interests in 4 years.

Right Wingnut said...

Mass Con,

C'mon man. You missed my point completely.

Bragging about how much money your campaign is raking in from Goldman Sachs is not a winning strategy. So far, I haven't heard anything about it from Romney, and I suspect we won't.

I was commenting on the rationale for the post more than the contributions themselves.

Anonymous said...

The point is that Wall Street realizes the damage Obama's policies are doing to businesses. They.......for WHATEVER reason....bought Obama's "hope and change" charade. I don't trust Goldman/Sachs. There are too businesses ---and individuals--in this country that are greedy before anything else.

But Goldman and other Wall Streets.....ooh....don't they create JOBS??...see the danger of Obama.