Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Evergreen Emerald

(13,069 posts)
Mon Feb 16, 2015, 04:01 PM Feb 2015

Goldman Sachs was top Obama donor

http://edition.cnn.com/2010/POLITICS/04/20/obama.goldman.donations/

According to Federal Election Commission figures compiled by the Center for Responsive Politics, Goldman Sachs' political action committee and individual contributors who listed the company as their employer donated $994,795 during 2007 and 2008 to Obama's presidential campaign, the second-highest contribution from a company PAC and company employees.

According to figures dating to 1990, Goldman Sachs' PAC and employees have consistently contributed more money to Democratic rather than Republican candidates for federal office.

In the 2008 election, three out of every four dollars contributed by Goldman Sachs went to Democrats.


30 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Goldman Sachs was top Obama donor (Original Post) Evergreen Emerald Feb 2015 OP
uh oh time for more negative comments about hillary being the goldman-sachs candidate lol nt msongs Feb 2015 #1
Are people under the impression that... vi5 Feb 2015 #3
I sense a group of what I sometimes refer to as unconditional party loyalists, merrily Feb 2015 #14
There are definitely some of those.... vi5 Feb 2015 #23
Whether they admit it or not, I am sure many know that. It's sure been posted enough times. merrily Feb 2015 #26
According to some other post... Whiskeytide Feb 2015 #2
I meant to vote for McCain or Romney instead, but forgot that while I was in the voting booth. merrily Feb 2015 #15
It dropped significantly in 2012 -- flipped to GOP. cheapdate Feb 2015 #4
The University of California, which donated more than $1.5 million, topped Goldman Sachs. GeorgeGist Feb 2015 #5
And, we're supposed to give Hillary a pass for getting money from G&S? Tierra_y_Libertad Feb 2015 #6
Oh no...everyone gets a pass But Hillary n/t Evergreen Emerald Feb 2015 #7
Everyone does it is a piss poor excuse for selling out to the corporations. Tierra_y_Libertad Feb 2015 #8
For some reason Clinton is held to a higher standard Evergreen Emerald Feb 2015 #9
Clinton is obviously running for president. Don't you think she should be scrutinized? Tierra_y_Libertad Feb 2015 #16
Please you are denying the obvious Evergreen Emerald Feb 2015 #18
No, I'm not. She's unfit to hold public office. Obviously. Tierra_y_Libertad Feb 2015 #21
Your unwarranted dehumanization (obviously) of an Evergreen Emerald Feb 2015 #27
Where's the "dehumanizing" part? Tierra_y_Libertad Feb 2015 #30
"Obama's wallstreet ties have never been the subject of the constant attacks" vi5 Feb 2015 #25
How much of this money is from Chad in Marketing and Susan in Accounting Arkana Feb 2015 #10
Can't believe how many believe in Fairy Tales ... one billion dollars doesn't grow on trees. Really libdem4life Feb 2015 #11
It's OK, they expected nothing in return except the Lily Ledbetter law ... Scuba Feb 2015 #12
Hillary-Obama, all over again! dissentient Feb 2015 #13
Is Obama running again? Or are we still re-litigating the 2008 primary? merrily Feb 2015 #17
The point is that the standards here on DU Evergreen Emerald Feb 2015 #19
Unlike you, I have read on DU comments about Obama's Wall Street donations. merrily Feb 2015 #22
The ugliness leveled at Ms. Clinton Evergreen Emerald Feb 2015 #28
It certainly shows. Octafish Feb 2015 #20
That's not what happened in 2012. Rex Feb 2015 #24
JPMorgan Employees Join Goldman Sachs Among Top Obama Donors (2012) Evergreen Emerald Feb 2015 #29
 

vi5

(13,305 posts)
3. Are people under the impression that...
Mon Feb 16, 2015, 04:10 PM
Feb 2015

The folks who are adamantly anti-Hillary as the candidate in 2016 are also Obama cheerleaders/defenders?

Because I'm firmly in the former camp, but not even close to the latter camp. In fact I don't want Hillary precisely because I don't want more of the same. I don't want Hillary because I don't want us going further down this road of foreign policy hawkishness and velvet gloved handling of big banks and the financial sector.

merrily

(45,251 posts)
14. I sense a group of what I sometimes refer to as unconditional party loyalists,
Mon Feb 16, 2015, 04:46 PM
Feb 2015

for whom it is not necessarily first and foremost about Obama or Hillary.

 

vi5

(13,305 posts)
23. There are definitely some of those....
Mon Feb 16, 2015, 05:28 PM
Feb 2015

But there's also a large segment of Hillary supporters who I don't think have ever gotten over Obama defeating her in the primaries in 2008. I think those folks believe that it's Obama supporters who don't want Hillary in 2016. And there may be some of those, but I think the most vocal anti-Hillary folks are probably the same ones who are dissapointed in and/or fed up with Obama for the very same reason they don't like Hillary.

However it's the same mindset of both camps that have to make it about the person. Thus, those of us who are dissapointed in Obama are "Obama haters" and those of use who don't want more of the same (or worse) with Hillary are "Hillary haters".

The reality is most of us just don't think more corporatism, more Wall Street favoritism, more bombing, more hawkishness more "bipartisanship" are the solutions to any of our problems.

merrily

(45,251 posts)
26. Whether they admit it or not, I am sure many know that. It's sure been posted enough times.
Mon Feb 16, 2015, 05:32 PM
Feb 2015

Propaganda is sometimes true and sometimes false, but propaganda doesn't always care if it's true or not.

Whiskeytide

(4,462 posts)
2. According to some other post...
Mon Feb 16, 2015, 04:05 PM
Feb 2015

... I think that means if you voted for Obama, you supported the bank fraud GS engaged in?

merrily

(45,251 posts)
15. I meant to vote for McCain or Romney instead, but forgot that while I was in the voting booth.
Mon Feb 16, 2015, 04:50 PM
Feb 2015

So I guess I ended up supporting bank fraud, despite my good intentions.

 

Tierra_y_Libertad

(50,414 posts)
6. And, we're supposed to give Hillary a pass for getting money from G&S?
Mon Feb 16, 2015, 04:13 PM
Feb 2015

Or, are we not the people who want money out of politics?

 

Tierra_y_Libertad

(50,414 posts)
8. Everyone does it is a piss poor excuse for selling out to the corporations.
Mon Feb 16, 2015, 04:17 PM
Feb 2015

And, Obama certainly didn't get a pass among progressives for his corporate coddling appointments and you might notice how popular TPP is around here.

Evergreen Emerald

(13,069 posts)
9. For some reason Clinton is held to a higher standard
Mon Feb 16, 2015, 04:36 PM
Feb 2015

with much more ugly negative distortions about the record many of you create out of whole cloth, or regurgitate from RW websites. Obama's wallstreet ties have never been the subject of the constant attacks.

 

Tierra_y_Libertad

(50,414 posts)
16. Clinton is obviously running for president. Don't you think she should be scrutinized?
Mon Feb 16, 2015, 04:55 PM
Feb 2015

Obama certainly was in 2008.

Obama's wallstreet ties have never been the subject of the constant attacks.


You must have missed all the (well justified) attacks on Obama's Wall Street appointees and many of his economic policies.

Evergreen Emerald

(13,069 posts)
27. Your unwarranted dehumanization (obviously) of an
Mon Feb 16, 2015, 05:37 PM
Feb 2015

intelligent, progressive, fighting democrat is stunning to me.

 

Tierra_y_Libertad

(50,414 posts)
30. Where's the "dehumanizing" part?
Mon Feb 16, 2015, 07:42 PM
Feb 2015

She signed off on Bush's wars which killed 10s of thousands of people because she's either monumentally stupid or regards advancing her political career more than thousands of lives. That's what dehumanizing is.

 

vi5

(13,305 posts)
25. "Obama's wallstreet ties have never been the subject of the constant attacks"
Mon Feb 16, 2015, 05:29 PM
Feb 2015

What color is the sky in your world? Is the weather nice?

Arkana

(24,347 posts)
10. How much of this money is from Chad in Marketing and Susan in Accounting
Mon Feb 16, 2015, 04:39 PM
Feb 2015

who supported Obama and donated to his campaign?

That's what these numbers do not tell you. During 2008 I worked for an insurance giant, and I donated over $1200 to Obama. Does that make me a bad person?

 

libdem4life

(13,877 posts)
11. Can't believe how many believe in Fairy Tales ... one billion dollars doesn't grow on trees. Really
Mon Feb 16, 2015, 04:43 PM
Feb 2015

And wishing it would go away, or wishing for a phantom candidate who isn't smart enough to realize the realities, and the personal and family cost, and can afford not to work a "real job" etc. doesn't work either. Not likely anytime soon, IMHO.

After Cory Booker won, just happened on to the donor sheet...and he had 10 times the corporate donors the other candidate had.

And Citizen's United was the final nail in the coffin of public-supported politics. Imagine what another Bush appointees in there could accomplish.


 

Scuba

(53,475 posts)
12. It's OK, they expected nothing in return except the Lily Ledbetter law ...
Mon Feb 16, 2015, 04:43 PM
Feb 2015

... and an end to banking regulation and immunity from prosecution for their crimes. And bailouts, big bailouts, with no strings attached regarding their bonuses.

merrily

(45,251 posts)
17. Is Obama running again? Or are we still re-litigating the 2008 primary?
Mon Feb 16, 2015, 04:56 PM
Feb 2015

What is the point of discussing Obama's donors two years before Obama leaves office forever?

merrily

(45,251 posts)
22. Unlike you, I have read on DU comments about Obama's Wall Street donations.
Mon Feb 16, 2015, 05:28 PM
Feb 2015

So, from the jump, I disagree that the standard is all that double. And some of Obama's biggest fans think a lot of the comments here are related to race. So, who knows?

However, apart from campaign donations, who would you say benefited more from Wall Street, banksters and big business before he or she ever ran for President, Obama or Hillary?

If indeed Hillary's big business ties are stressed more--and I don't agree that they are--the answer to that question may explain why, at least partially. Or, you could believe that female leftist DUers like me, sabrina, djean, Koko, woomewithscience and so many more are governed by ignorance and sexism. I think itself would be an ignorant, baseless assumption, but everyone is entitled to his or her opinion.

Evergreen Emerald

(13,069 posts)
28. The ugliness leveled at Ms. Clinton
Mon Feb 16, 2015, 05:43 PM
Feb 2015

is apparently reserved for her. Disagreement on certain of Obama's policies is one thing... the dehumanization of Clinton and disrespect shown to her on this board is a totally different realm.

Octafish

(55,745 posts)
20. It certainly shows.
Mon Feb 16, 2015, 05:22 PM
Feb 2015

Banksters in Jail = Zero

Homeowners tossed out of Homes = Millions

Tim Geithner sacrificed homeowners to ''foam the runway'' for the banks.

Is great phrase:

Neil Barofsky, the former special inspector general for the Troubled Asset Relief Program, has published a new book, “Bailout: An Inside Account of How Washington Abandoned Main Street While Rescuing Wall Street.” It presents a damning indictment of the Obama administration’s execution of the TARP program generally, and of HAMP in particular.

By delaying millions of foreclosures, HAMP gave bailed-out banks more time to absorb housing-related losses while other parts of Obama’s bailout plan repaired holes in the banks’ balance sheets. According to Barofsky, Treasury Secretary Tim Geithner even had a term for it. HAMP borrowers would “foam the runway” for the distressed banks looking for a safe landing. It is nice to know what Geithner really thinks of those Americans who were busy losing their homes in hard times.

CONTINUED w VIDEO and links and more letters...

http://washingtonexaminer.com/video-geithner-sacrificed-homeowners-to-foam-the-runway-for-the-banks/article/2502982

 

Rex

(65,616 posts)
24. That's not what happened in 2012.
Mon Feb 16, 2015, 05:28 PM
Feb 2015

Barack Obama (D)
1 University of California $1,212,245
2 Microsoft Corp $814,645
3 Google Inc $801,770
4 US Government $728,647
5 Harvard University $668,368

Mitt Romney (R)
1 Goldman Sachs $1,033,204
2 Bank of America $1,013,402
3 Morgan Stanley $911,305
4 JPMorgan Chase & Co $834,096
5 Wells Fargo $677,076


Sorry, but it was actually Mittens that got money from GS in 2012.

https://www.opensecrets.org/pres12/

As a matter of fact, Obama is no where near as corporate a HRC. Gee...what a list for Mittens...all the assholes that crashed the economy in 2008.

Obama...nope nothing there.

Evergreen Emerald

(13,069 posts)
29. JPMorgan Employees Join Goldman Sachs Among Top Obama Donors (2012)
Mon Feb 16, 2015, 05:47 PM
Feb 2015
http://www.bloomberg.com/news/articles/2012-03-20/jpmorgan-employees-join-goldman-sachs-among-top-obama-donors

March 21 (Bloomberg) -- President Barack Obama’s largest campaign donors last month included employees of Wells Fargo & Co., JPMorgan Chase & Co. and Goldman Sachs Group Inc., according to an analysis of Federal Election Commission records.

Their support indicates that Wall Street, which gave Obama $16 million for his successful 2008 White House run, is opening its checkbook again for the president. The contributions helped Obama raise $21 million in February, including $6.5 million transferred from a joint fundraising committee with the Democratic National Committee. (snip)

Obama has raised $161 million for his re-election and entered March with $84.7 million in the bank. Four years ago, engaged in a primary battle with Hillary Clinton for the Democratic nomination, he had raised $197 million by the end of February and had close to $40 million in cash.

The incumbent has raised twice as much as Republican front-runner Mitt Romney, who has brought in $75.6 million, including $12 million last month. Obama’s campaign bank account entering March was more than 11 times greater than Romney’s.

Latest Discussions»General Discussion»Goldman Sachs was top Oba...