Discussion in 'Congress' started by midcan5, Jul 2, 2008.
We give to obama because we think he will work for the people. Corporate America gives more to mccain because he will work less for us and more for them.
Obama will be fair to corporations but mccain won't be fair to us.
The New York Times > Log In
Mr. Obamas hedge fund contributors include:
John Griffin, the founder of Blue Ridge Capital, who made $625 million in 2007, according to Alpha. Mr. Griffin is backing Mr. Obama after initially supporting Mitt Romney.
Kenneth C. Griffin (no relation) of the Citadel Investment Group in Chicago, who earned $1.5 billion. He contributed to the Obama campaign after the senator came to his office last year.
Stephen Mandel of Lone Pine Capital, who took home $710 million last year.
And, of course, George Soros, who earned almost $3 billion last year. It is no surprise that Mr. Soros, a Democratic stalwart, is backing Mr. Obama. Mr. Soros campaigned against President Bush in 2004, and Moveon.org, which the billionaire investor has plied with tens of millions of dollars, endorsed Mr. Obama in February.
Of course, not every Richie Rich is backing Mr. Obama.
James H. Simons, the mathematician who runs Renaissance Technologies, who made $2.8 billion last year, has donated to Mrs. Clinton.
And Steven Cohen of SAC Capital, whose take home pay was $900 million, is splitting his money down the middle: He donated $28,500 to both the Democratic and Republican Senatorial Campaign Committee. (He had given money to John E. Sununu and Christopher J. Dodd.)
John Paulson of Paulson & Company, the top earner, with $3.7 billion last year, doesnt appear to have a financial dog left in the hunt: He gave to Mitt Romney and Rudolph Giuliani.
Philip Falcone, who founded Harbinger Partners and made $1.7 billion last year, has given to the Republican National Committee, but to no individual candidate. (His firm may have bought itself influence in another way: It recently won agreement from The New York Times Company to add two members to its board.)
Timothy Barakett of Atticus Capital, who made $750 million, and O. Andreas Halvorsen of Viking Global Investors, who earned $520 million, dont appear to have given money to either side.
By the way, just so we dont forget: these guys are not like you and me. The median American family earned $60,500 last year.
So why is Mr. Obama such a popular choice among the hedge fund crowd?
In a word, access. Unlike Mr. McCain and Mrs. Clinton, Mr. Obama is relatively new to national politics and is therefore open to bringing new people and new money into the tent. For money types who want a table, or at least to look involved and get an invitation to the right parties, Mr. Obama is the candidate.
Earned! Earned? Someone would need to cure cancer to have earned a billion dollars in a single year, siphoned or awarded oneself the money is a more accurate term. High level executives and business people do not earn they take and because they occupy that position their taking is legal.
Corporate Greed Condemns America
In the 1950s the American Dream became a reality. This was a time when a working man could support a family, own a house and maybe a new car, and send his kids to college. This was the dream of American GIs, the people who risked their lives in World War II and saved the world for Democracy. It was what they thought about when they were spending those long, terrifying nights in muddy foxholes.
This was a time of economic balance in the country. Workers salaries were miniscule compared with todays compensation packages, but a salary of less than $100 a week was enough for a person to buy a home and take care of his family. The house was probably a tract home, with four bedrooms, two baths, a yard and attached garage nothing fancy, but a place the family could call home. It probably cost around $12,000 and the mere fact that you had a job meant you could qualify for a loan.
Corporate Greed vs. Public Good, Where America Sho
Corporate greed, corruption, and the coming collapse of America as we know it
Dishonesty, Greed and Hypocrisy in Corporate America
I didn't say what you quoted....So do me a favor earn yourself a trip on the little bus and come back when you can read...
I'm sorry you took the time to explain to that idiot. Your post was very well written and he totally blew of your points.
sometimes I think maybe i'm not explaining myself well but after reading your post and then his reply, I know now they aren't even listening.
they don't care. they feel like conservanomics works for them. even if they were affected, they are so conservative they still wouldn't put blame where it belongs.
I don't defend everything the democrats do, but I do seriously object to everything the gop has done for the last 8 yrs. time to go.
I'm sure you don't have a problem with quoting something that a person never said.....you are a skitzo afterall....
Go back through the thread jackass I never stated what Midcan, quoted me as saying....
I was railing against the use of the word. Stop crying.
The Conservative Nanny State
A vote for John McCain is a vote against the fundamental principle of America, the right of the individual to lead their life privately without the government interfering.
Separate names with a comma.