MSNBC: Obama's Meeting with Edwards is Off

Edwards' house has been staked out by television crews all day after news of a meeting leaked.. And one aide to Obama cited that as a reason not to meet today.

Follow the money. 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).

Meanwhile, Obama's presidential run has been "assisted" by more than $2 million from the health care sector and nearly $400,000 from the insurance industry through October of 2007 (Center for Responsive Politics 2007b). Obama received $708,000 from medical and insurance interests between 2001 and 2006 (Center for Responsive Politics 2007c). His wife Michelle, a fellow Harvard Law graduate, was until a recently a Vice President for Community and External Affairs at the University of Chicago Hospitals, a position that paid her $273, 618 in 2006 (Sweet 2007).

And Obama's sixth largest contributor is Exelon, the proud Chicago-based owner and operator of more nuclear power plants than any entity on earth (Center for Responsive Politics 2007a).

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As for his "lobbyist ban," last August the Los Angeles Times reported that Obama "raised more than $1 million in the first three months of his presidential campaign from law firms and companies that have major lobbying operations in the nation's capital." Campaign finance expert Stephen Weissman observed that this raised troubling questions about the practical relevance of Obama's much-ballyhooed pledge to turn down donations from "federal lobbyists."