Obama’s risky embrace of Occupy Wall Street

President Obama’s awkward, unreturned embrace of Occupy Wall Street is among the strangest developments of the 2012 campaign.

The tie-dyed T-shirt doesn’t fit. Obama has been the unrivaled leader in fundraising from the financial sector in recent years. Senior staffers with Wall Street connections have occupied the White House for some time now. Banks and financial-service firms have been some of the main direct beneficiaries of Obama’s economic policies.

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One Response to Obama’s risky embrace of Occupy Wall Street

  1. ucpanda says:

    The massive corporate campaign contributions given to Barack Obama, as well as other Democrats, is an interesting little factoid that has mostly been ignored by the midstream media as liberals have embraced the Occupy Wall Street rabble. Why? And how stupid are these imbecile protestors, most of whom voted for Obama?

    What legislation currently polices the banking industry? That would be Dodd-Frank – named for Democrats, Christopher Dodd and Bawney Fwank.

    Who did Obama help bail out? CORPORATIONS, like General Motors and Chrysler, among others.

    For that matter, Solyndra was a corporation too, until it went bellyup.

    http://news.yahoo.com/obama-attacks-banks-while-raking-wall-street-dough-044804642.html;_ylc=X3oDMTNra2JjaWE0BF9TAzc2NjUxNDUEYWN0A21haWxfY2IEY3QDYQRpbnRsA3VzBGxhbmcDZW4tVVMEcGtnA2Q1YTQyYWE2LTY1YTQtMzNhNi1iZjEyLTJmZDM0MzVkODI4OARzZWMDbWl0X3NoYXJlBHNsawNtYWlsBHRlc3QD;_ylv=3

    Despite his rhetorical attacks on Wall Street, a study by the Sunlight Foundation’s Influence Project shows that President Barack Obama has received more money from Wall Street than any other politician over the past 20 years, including former President George W. Bush.

    In 2008, Wall Street’s largesse accounted for 20 percent of Obama’s total take, according to Reuters.

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