boedicca
Uppity Water Nymph from the Land of Funk
- Feb 12, 2007
- 59,439
- 24,109
- 2,290
Bush was highly criticized for receiving approximately $150K of inflation adjusted campaign contributions from Enron executives and employees.
Obama has received over $1M of equivalent contributions from Goldman Sachs.
But the mere $151,722.42 (inflation adjusted) in contributions from Enron-affiliated executives, employees, and PACs to Bush hardly add up to Obama's $1,007,370.85 (inflation adjusted) from Goldman-affiliated executives and employees. That's also not taking into account how much Goldman contributed to Obama cabinet member Hillary Clinton ($415,595.63 inflation adjusted), which was itself almost three times as much as Bush received as well.
It would be fair to say that the total amount the Obama administration has received from those affiliated with Goldman Sachs is ten times that of what Bush received from Enron.
Is Goldman Obama's Enron? No, it's worse (Updated) | Washington Examiner
There's also a very interesting twist: Goldman Sachs is actually advocating for the financial reform:
A powerful alumni network plus bundles of campaign cash mean Goldman will get what it wants -- and contrary to the media narrative, what Goldman wants is not laissez-faire.
Politico quoted a Goldman lobbyist Monday saying, "We're not against regulation. We're for regulation. We partner with regulators." At least three times in Goldman's conference call Tuesday, spokesmen trumpeted the firm's support for more federal control.
Goldman Sachs wants regulation, not laissez-faire | Washington Examiner
Actually, this isn't Obama's Enron - it's much, much worse. Bush allowed Enron executives to be prosecuted. Goldman Sachs has served up a low level 30 year old sacrificial lamb on the altars of getting the government to do its dirty work of rigging the rules in their favor.
Obama has received over $1M of equivalent contributions from Goldman Sachs.
But the mere $151,722.42 (inflation adjusted) in contributions from Enron-affiliated executives, employees, and PACs to Bush hardly add up to Obama's $1,007,370.85 (inflation adjusted) from Goldman-affiliated executives and employees. That's also not taking into account how much Goldman contributed to Obama cabinet member Hillary Clinton ($415,595.63 inflation adjusted), which was itself almost three times as much as Bush received as well.
It would be fair to say that the total amount the Obama administration has received from those affiliated with Goldman Sachs is ten times that of what Bush received from Enron.
Is Goldman Obama's Enron? No, it's worse (Updated) | Washington Examiner
There's also a very interesting twist: Goldman Sachs is actually advocating for the financial reform:
A powerful alumni network plus bundles of campaign cash mean Goldman will get what it wants -- and contrary to the media narrative, what Goldman wants is not laissez-faire.
Politico quoted a Goldman lobbyist Monday saying, "We're not against regulation. We're for regulation. We partner with regulators." At least three times in Goldman's conference call Tuesday, spokesmen trumpeted the firm's support for more federal control.
Goldman Sachs wants regulation, not laissez-faire | Washington Examiner
Actually, this isn't Obama's Enron - it's much, much worse. Bush allowed Enron executives to be prosecuted. Goldman Sachs has served up a low level 30 year old sacrificial lamb on the altars of getting the government to do its dirty work of rigging the rules in their favor.