Will Obama Give Back the $994,795 from Goldman Sachs or Keep $’s from Company He Sues Claiming Fraud?
Hmm … Will Barack Hussein Obama give back the campaign contributions of $994,795 to Goldman Sachs? Show us the money.
Now that it’s been disclosed that the SEC commissioner’s vote to sue Goldman Sachs for fraud came down to a party line vote, the action takes on the appearance of a vehicle to advance a political agenda. But there is a lot more to this story than just that. As Felix Salmon noted, Goldman should have seen this coming. Granted, Goldman poured a ton of money into the Democrat’s coffers during the past decade but apparently they weren’t paying much attention to what their money was buying during the past sixteen months.
Right, wrong, Left or indifferent … It would seem that if Obama’s Administration thinks Goldman Sachs did some thing illegal, would not it be the “hope and change” thing to do to return the money? If The One is going to rail about Wall Street Finance reform, the least he could do is put his wallet where his mouth is.
Show us the money Barack!
UPDATE I: Goldman Sachs hires ex-Obama White House counsel Gregory Craig. Of course it is just a coincidence that the charges were leveled against Goldman Sachs at the same time Obama begins his Finance reform. Just like with the health care reform bill, there is never any politics involved with this stuff, Obama is just doing it for the People.
UPDATE II: Is Goldman Sachs Obama’s ENRON?
Interesting question, what’s bad for the RIGHT, should be bad for the LEFT. Too bad there was not an honest media to report.
Campaign contributions from Goldman Sachs employees to President Obama are nearly seven times as much as President Bush received from Enron workers, according to numbers on OpenSecrets.org.
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.
How does the “Hope & Change” President keep campaign money from a company that his Administration sues? Is he going to act all indignant and demonize Goldman Sachs and Wall Street and then keep their money? We shall see …
If we thought the timing of the law suit was suspect with regards to the Obama Finance reform bill, how about the fact that Obama is using the issue to also raise money. I guess he will have to supplement the coffers to pay back Goldman Sachs. Yes, this is a disgrace.