Assessing Blame | Bill O'Reilly
Did Eric Holder Lie Under Oath? | Katie Pavlich
DNC: Republicans Doctored Emails and Are Making Up These Scandals or Something | Katie Pavlich
Fox News' Roger Ailes: Administration's Excuses Won't Work, Americans Died For Press Freedom | Katie Pavlich
John McCain And Marco Rubio's "Let’s End Conservatism In America Amnesty Bill" | John Hawkins
Surprise: Vast Majority of 2013 College Graduation Speakers Are Liberals | Daniel Doherty
Obama's Bloody Recipe for More Benghazis | Michelle Malkin
BREAKING: DOJ Confirms Holder Personally "Vetted" Rosen Warrant | Guy Benson
The good ol' days seem to be over for President Obama as some of his biggest Wall Street donors are choosing to give their 1 percent dollars to rival Mitt Romney this election cycle.
Individuals who work in the securities and investment industry have given the Romney campaign $8.5 million through the end of April, according to data from the Center for Responsive Politics.
Over the same time period, Obama has brought in only $3 million from securities and investment workers, and the industry is only the campaign's fifth largest source of funds.
"They have basically ditched Obama," said John Dunbar, the managing editor for politics at the Center for Public Integrity. "Romney is just a much friendlier candidate if you are a banker."
The absence of Wall Street love is a departure from the norm for the Obama campaign. In 2008, then-Senator Obama raised almost $16 million from Wall Street. John McCain, the Republican nominee, received donations totaling only $9 million.
Considering President Obama has done nothing to kick start the economy throughout the past four years while slamming the "rich" and repeatedly sounding the bells of class warfare by calling on Wall Street to "pay their fair share," this shift isn't surprising. Not to mention, Romney is a business guy, something he and Wall Street workers have in common.
On the money front, this is bad news for President Obama. Not only did his campaign spend more than it took in last month, Romney is crushing him in Super PAC fundraising.
Katie Pavlich
Follow @twitterapi
| Katie Pavlich is the News Editor at Townhall.com. Follow her on Twitter @katiepavlich. She is also the author of Fast and Furious: Barack Obama's Bloodiest Scandal and the Shameless Cover-Up.
“ABSOLUTELY DEVASTATING! Intrepid investigative journalist Katie Pavlich rips the lid off Team Obama’s murderous corruption and anti-Second Amendment zealotry" says Michelle Malkin. "Katie Pavlich draws back the curtain on a radical administration that put Mexican and American lives at risk for no discernible reason other than to advance an ideological agenda." - David Limbaugh Buy Katie's book today and help us keep the pressure on Obama and his attorney general Eric Holder and expose the cover-up. |
