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More Payback By The GOP to their Corporate Masters
#6
RE: More Payback By The GOP to their Corporate Masters
And Min, as good as you are at pointing out the corporatism in the Republican Party I can't help but notice you haven't picked up on stuff like this;

Quote:The Obama campaign, in a joint effort with the Democratic National Committee, earlier this year asked about 450 leading fundraisers to bring in $350,000 each by the end of this year. iWatch News has learned that the bundlers were also told they were expected to pull in the same amount next year— an extraordinary $700,000 per bundler over the course of the president’s re-election effort.

And the bundlers have responded. Two fundraisers confirmed to iWatch News that when the Obama campaign releases its list of bundlers on Friday, a number of individuals will be listed as having already raised more than $500,000.

Some of these bundlers are going even further. At least two fundraisers, Hollywood mogul Jeffrey Katzenberg and hedge fund executive Orin Kramer, who raised over $500,000 each in 2008, have also been working to raise unlimited donations for two outside groups that were created earlier this year by a pair of ex-White House aides to help the President win re-election. (The outside groups are Priorities USA and Priorities USA Action which raised between $4 million and $5 million in their first two months of operation enroute to a goal of $100 million).

The early and aggressive fundraising by the Obama campaign, the DNC and outside groups underscores how the money chase for the next election is expected to far outpace the fundraising frenzy of 2010.

Or this;

Quote:The Wall Street gamblers that Obama and his wife carped about on the campaign trail were shoveling money to his campaign hand over fist. According to the Center for Responsive Politics, hedge funds and private equity firms donated $2,992,456 to the Obama campaign in the 2008 cycle. Obama, erstwhile critic of the campaign finance practice known as “bundling,” happily accepted more than $200,000 in bundled contributions from billionaire hedge-fund manager James Torrey, more than $100,000 in bundled contributions from billionaire hedge-fund manager Paul Tudor Jones and more than $50,000 in bundled contributions from billionaire hedge-fund manager Kenneth C. Griffin, chief executive officer of Citadel Investment Group in Chicago.

By comparison, multi-house dweller and Evil Republican Rich Guy John McCain received $1,699,525 from the industry—that’s more than forty percent less than Obama took.

Or this;

Quote:And internal Democratic National Committee documents acquired by the Times reveal that “high-dollar fundraisers have been promised access to senior White House officials in exchange for pledges to donate $30,400 personally or to bundle $300,000 in contributions ahead of the 2010 midterm elections.” Yup, they’re just haggling over the price.

And you're saying the likes of Ron Paul are the ones who the corporations want in power...

Quote:Top 5 Industries, 2009-2010, Campaign Cmte

Industry Total Indivs PACs
Real Estate $21,650 $11,650 $10,000
Health Professionals $15,100 $12,100 $3,000
Retired $12,540 $12,540 $0
Oil & Gas $9,350 $7,350 $2,000
Misc Finance $8,600 $8,600 $0
.
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Messages In This Thread
RE: More Payback By The GOP to their Corporate Masters - by theVOID - July 17, 2011 at 12:08 am

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