Obama's Trying To Put Controls On Wall Street Is A Joke On Us
by James Glaser
April 20, 2010

The following is a list of President Obama's biggest campaign contributors. It was compiled by open secrets.com, the web site for the Center For Responsive Politics.

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

So, we can see that Wall Street is well represented, with Goldman Sachs, Citigroup, JPMorgan Chase & Co, and Morgan Stanley. Now these top donors to President Obama's campaign didn't just donate to Barack Obama. I am sure that each of them gave to John McCain, too. Also, I am equally sure that they gave to every candidate in Congress who has membership on any committee that has a say in their particular industry.

Americans have to understand that our politicians in Washington are bought and paid for. So, if they do make some sort of attempt to rein in Wall Street or any other industry, you know those industries are going to be sitting at the table when any new law is written up.

There have been many reports that health care industry lobbyists wrote most, if not all, of the Health Care Bill that the Democrats passed this past month. Don't kid yourself, the same thing happens when the Republicans are in charge.

The only group that doesn't have a place at the table when Washington is writing up new rules is the American people. Everyday Middle Class Americans are kept in the dark about who really controls our government. When Washington says it is going to clean something up or do something to help us out, it is pretty much an inside joke for the people we elect.

Right now the joke is on us, and the only way we will ever change that is at the ballot box. If the masses decided not to vote for any incumbent politician, then the joke would be on them.

Post Script:

Wanda wanted me to say about not voting for incumbents, "Except for Ron Paul."

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