Here is a biased but interesting read about Obama’s campaign finances and supporters: Establishment Messiah.
If we look at the list of contributors to Obama’s presidential campaign, we can see that he is, for all intents and purposes, a wholly-owned subsidiary of Lehman Bros., not to mention J.P. Morgan, Citibank, real-estate holding companies, and a veritable Who’s Who of the sub-prime mortgage lenders who are now being bailed out at a cost to the taxpayers—so far—of $700 billion.
Obama’s campaign would have us believe that he’s the anti-corporate candidate, a populist “man of the people” whose race for the White House is being funded by tens and twenties sent in by ordinary folks who can’t wait to see him crack down on Wall Street abuses. What they don’t want you to know is that, out of the two and a half million donors to the Obama campaign, around 180,000 top dogs account for almost 60% of his campaign treasury.
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The Center For Responsive Politics informs us that of the top 20 sources of campaign cash for Obama, 11 were from either investment banks or law firms closely tied to these financial institutions, and the list of big corporate donors – especially the bundlers – is truly awe-inspiring. They include: John W. Roberts, of Ariel Capital Management (over $500,000), Jim Torrey, Founder of the Torrey Hedge Funds over $500,000), Charles Lewis,Vice Chairman of Merrill Lynch, Richard Leweke, Vice Chairman of Washington Mutual Card Services, Seth Waugh, CEO of Deutsche Bank. Over $200,000: Louis Susman, of Citi Investment Banking, J. Michael Schell, managing director at Citigroup, David Heller and Bruce Heyman, both managing directors at Goldman Sachs, Michael Froman, managing director at Citigroup. Francisco Borges, chairman of Landmark Partners a private equity real estate firm, bundled $50,000 for Obama, as did Todd Williams, a managing director at Goldman Sachs and the Real Estate Council.
Obama’s backers in the world of high finance—platoons of top execs from Lehman Brothers, Wachovia, Washington Mutual, Citigroup, Deutsche Bank, Merrill Lynch, Goldman Sachs, Bank of America, JP Morgan, Chase, Morgan Stanley, Countrywide—were all intimately involved in the mortgage fiasco. They profited, bigtime, from the Greenspan Bubble, and now they expect their bought-and-paid-for presidential candidate to bail them out – and he hasn’t disappointed them.




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Earlier blogs on the web stated Obama’s start and sustaining money came from a Jewish matron and family in Chicago. Other allegations have suggested his meteoric rise has been financed by the Jewish lobby, even perhaps from Irael itself. Perhaps this is the reason he seems to be so staunch in support of Israel (even in the wake of the Gaza bashing) and the support of Wall Street and its COWS (criminals of wall street). The next thing we’ll hear is that he is being financed by little green men from flying yarmulkes.
By: Peter Reibel on February 15 2009
at 13:29