Let's Face It, Right Now
President Obama Cares Little For The Hourly Worker

by James Glaser
March 29, 2010

Here is a headline from Yesterday.

President Plans Spring Offensive: Targets Wall Street, Schools, Campaign Finance, Energy...

What happened to "Jobs Being Job one in Washington"? Really, if you think about it, why should President Obama care about the American worker today? Obama doesn't have to worry about his next election for almost three years. By then he can come up with something that will mollify his Democrat base.

Neither should we forget where Barack Obama got the majority of his election campaign funding. It was from Wall Street, Corporate America, and a few big universities. He owes them, and he is going to pay them back first. Here is a list of Obama's top contributors in his 2008 election. This comes from the Center For Responsive Politics, and was posted on their web site, www.opensecrets.org
www.opensecrets.org/pres08/contrib.php?cycle=2008&cid=N00009638

Barack Obama (D)
Top Contributors

This table lists the top donors to this candidate in the 2008 election cycle. The organizations themselves did not donate , rather the money came from the organization's PAC, its individual members or employees or owners, and those individuals' immediate families. Organization totals include subsidiaries and affiliates.

University of California$1,591,395
Goldman Sachs$994,795
Harvard University$854,747
Microsoft Corp$833,617
Google Inc$803,436
Citigroup Inc$701,290
JPMorgan Chase & Co$695,132
Time Warner$590,084
Sidley Austin LLP$588,598
Stanford University$586,557
National Amusements Inc   $551,683
UBS AG$543,219
Wilmerhale Llp$542,618
Skadden, Arps et al$530,839
IBM Corp$528,822
Columbia University$528,302
Morgan Stanley$514,881
General Electric$499,130
US Government$494,820
Latham & Watkins$493,835

Black America? Yes, they have lost the most in this recession, but President Obama knows he will be the only black candidate in his next election again, so where can their vote go? He also knows where the real money comes from, and two hundred and fifty thousand dollar contributors have a lot more pull than those who gave twenty five dollars.

I'm sorry if you don't like that, but that is how all politics in America work. The more you give, the more you get. Look at that donor list, and then think about whom President Obama is going to help. It sure isn't you or me, the average Joe, American middle class or hourly worker.




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