"Tough to say. Obama raised a very large percentage of his money for the 2008 campaign in small dollar donations, far more than any one before had. "
While Obama may have had more small donors than anyone before him, contributions from big business to the Democrats in 2010 were large and telling. From opensecrets on 2010 election giving: Defense Contractors: 55% Democrat, 44% Republican ($18 million) Securities & Investment: 53% Democrat, 46% Republican ($8.2 million) Hedge Funds: 53% Democrat, 46% Republican ($6.8 million total) Venture Capital: 64% Democrat, 36% Republican ($6.4 million) Private Equity: 56% Democrat, 43% Republican ($4.6 million) HMO/Health services: 58% Democrats, 40% Republicans ($9.4 million) Pharmaceutical Manufacturing: 51% Democrats, 48% Republicans ($10.4 million) Medical Supply: 57% Democrats, 42% Republicans ($4.4 million) Hospitals/Nursing Homes: 63% Democrat, 36% Republican ($14.9 million) Lobbyists: 65% Democrat, 34% Republican ($23.5 million) >From what I see, it looks like Obama is reaching out to Wall Street for the next election. "As corporate income has risen sharply amongst large corporations, individual income and government revenues have fallen and our economy is more fragile than ever. Economic power has solidified in the hands of fewer and fewer large corporations to the detriment of the broader economy and the well being of the average citizen." Which is exactly why government does not need to help pick winners and losers in the business world. The large corporations always seem the beneficiary. Stay out of it and let businesses live or die by their own merit. A new government motto could be: Survival of the fittest is great in the classroom but not in the business world. "Well, I was actually thinking more about the small and medium sized corporations...the one that employ most of us and do more to fuel our economy and entrepreneurship. Has Obama been good or bad for these companies? " Read " Carter: Economic Stagnation Explained, at 30,000 Feet" and then decide if the business owner is typical or atypical. link: http://www.bloomberg.com/news/2011-05-26/carter-economic-stagnation-explained-at-30-000-feet.html "Is Exelon the new Haliburton in terms of evil corporations?" No, because it is not associated with Republicans. J - Ninety percent of politicians give the other ten percent a bad reputation. - Henry Kissinger Politicians are people who, when they see light at the end of the tunnel, go out and buy some more tunnel. - John Quinton ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Order the Adobe Coldfusion Anthology now! http://www.amazon.com/Adobe-Coldfusion-Anthology/dp/1430272155/?tag=houseoffusion Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:338891 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/groups/cf-community/unsubscribe.cfm
