FACT:

April 1, 2008

FACT:

Obama's presidential campaign has received nearly $5 million dollars from securities and investment firms and $866,000 from commercial banks through October of 2007. Obama's top contributor so far is Goldman Sachs (provider of $369,078 to Obama), identified by Center for Responsive Politics (CRP) investigators as "a major proponent of privatizing Social Security as well as legislation that would essentially deregulate the investment banking/securities industry."

Eight of Obama's top twenty election investors are securities and investment firms: Goldman Sachs, Lehman Bros. (number 2 at $229,090), J.P. Morgan Chase and Co. (# 4 at $216,759), Citadel Investment Group (#7 at 4166,608), UBS AG ($146,150), UBS-America ($106,680), Morgan Stanley ($104,421), and Credit Suisse Group ($92,300). The last two firms are also known to be leading privatization advocates (Center for Responsive Politics 2007a).
Senator Obama has made the following statement," I don't take money from oil and gas companies and I don't take money from lobbyists." From the Center for Responsive Politics he accepted $160,000.00 from major oil companies, Exxon, Shell, Chevron, BP and others. Two of his top bundlers George Kaiser and Robert Cavnar are CEO's for major oil companies. Last month, Obama accepted another $8400.00 from ExxonMobile, $12,370.00 from Chevron and $6500.00 from British Petroleum.. These are the funds and contributors for 2008 Finance/Insurance $15,087,469.00, $7,035,249 Communications, $6,715,680.00 Securities, $5,069,186.00 $10,261,541.00 Education there is a little more than $8,000,000.00 undisclosed. This from our candidate for change, of honesty and integrity; the one that will always be truthful. Right!!!

Posted at 1:49 PM - Permalink

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