Liverpool It’s easy to see who Republican presidential candidate Mitt Romney is. He’s a fat cat. He’s a rich kid born sucking on a silver spoon. As a former executive for Bain & Co., he’s a tool of big business.
President Barack Obama Jr., a Democrat, is nowhere near as transparent.
Often accused of being a “socialist,” Obama clearly has leftist leanings nurtured in Hawaii by an early tutor, crackpot unionist Frank Davis Marshall and continued by Saul Alinsky, a Chicago-based community organizer who wrote “Rules for Radicals.”
On the surface, Obama looks like a licentious liberal, but take a gander at his campaign contributors, and you’ll see a president beholden not to the little people but to big bucks.
Of the top 10 companies with employees donating money to Obama’s campaign, three are big banks: JPMorgan Chase, Citigroup and Goldman Sachs, according to the Center for Responsive Politics. The president’s other major contributors include employees from big companies such as Microsoft and Google.
Obama clearly favors Wall Street over Main Street.
Fraud goes unpunished
After Obama was elected in 2008, vanquished Green Party presidential candidate Ralph Nader pointed out that big businesses invested in Obama because he supported nuclear power, coal plants, offshore oil drilling and corporate subsidies. Nader predicted the administration would neglect to crack down on corporate crime and would allow the multi-billion-dollar military budget to grow.
Sadly, Nader’s foresight was right on.
Prosecution for financial fraud reached a 20-year low during Obama’s four years in the White House. In fact, the Wall Street banks whose malfeasance callously threw our country into its worst depression since the 1930s have gotten off scot free on Obama’s watch. And, instead of investigating Timothy Geithner’s criminal culpability in that whole mess, Obama appointed the former president of the Federal Reserve Bank of New York as — can you believe it? — Secretary of the Treasury!