New financial regulations are pending in Congress, but both political parties get a lot of campaign contributions from the people they intend to regulate — Wall Street.
The financial sector donates millions to both Republican and Democratic candidates. And during the last couple of election cycles, Democrats have outstripped Republicans, who have traditionally been thought of as more business friendly. Those political realities have made for interesting dynamics as the negotiations on financial regulation continue.
Obama lies through his teeth about his donors….
President Barack Obama answered questions on this topic in an interview with CNBC’s John Harwood on April 21, 2010.
“In the 2008 campaign, you got a lot of money, about $1 million from employees of Goldman Sachs,” Harwood said. “Your former White House counsel Greg Craig is apparently going to represent Goldman Sachs. In light of this case, do either of those things embarrass you?”
“No,” Obama said. “First of all, I got a lot of money from a lot of people. And the vast majority of the money I got was from small donors all across the country. And moreover, anybody who gave me money during the course of my campaign knew that I was on record again in 2007, and 2008, pushing very strongly that we needed to reform how Wall Street did business. And so, nobody should be surprised in the position that I’m taking now because it is one that I was very clear about in the course of the campaign.”
What jumped out at us in this exchange was Obama’s statement, “the vast majority of the money I got was from small donors all across the country.” We’ve seen that statement repeated elsewhere, but the evidence doesn’t back it up.
Read More: PolitiFact
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It was Ron Paul who said "the money I got was from small donors all across the country". And it was true when Ron Paul said it. As a matter of fact, Ron paul raised money TWICE exactly that way.
Obama is and always has been a liar.
Sure he got lots of small donations, Mickey Mouse, Donald Duck, Ronald McDonald etc. He also got large foreign donations, which I thought was not allowed. He also received donations that he never submitted names for. He was to account for all and never did. He received a donation from his aunt in Boston that was here illegally from Kenya. He claims he didn't even know she was here. But she found Boston and public subsidized housing for her.
Obama stepped out of the normal channels for contributions. what I can't understand is how he can look you right in the eye and LIE. This man has no conscience or morals. I pray to God that the people will get fed up of his lies and get hinm out of office.
TRUTH: He does not know the meaning. LIE< LIE< LIE
Obama is an arrogant pathological narcissist. They lie to further their adenda and have no qualms about doing so. This man is not trustworthy and it shows in his refusal to show his birth certificate: the one that shows date, time and place of birth, with witnesses, including the Doctor who delivered him. Too many unanswered questions surround his history that he is covering up.
Let's give him the benefit of the doubt … suppose most of his money came from small donors …. ugh … wouldn't that be government assisted flow of money!!!! My guess is that a large number of support (money or not) came from people who wanted him to keep the paychecks coming … they get more from him that he gives to them.
opps …. mistake … "they get more from him that they give to him"
One thing that is amazing is the number of people that lie just like him. When I was younger I married a woman just like that and because I trusted her from the get go I was totally destroyed when I had an in your face moment when I caught he with a man in the bedroom one day when I came home from work early. Once I started looking at everything I discovered her entire life was a lie. I don't need to say it but the first thing she did was empty my savings account and then call the police to claim I had abused her. I couldn't get away fast enough. This liar and his pals are doing the same thing, ripping us off and then they will turn on us when they finally get caught in the lie that he is eligible and has good intentions. Wait until his school records come out and everything begins to fit. I won't be surprized because I have been on top of every investigation since he started toward the whitehouse. Once you've seen one of these people up close you recognize the pattern of promises and speaking without commitment as if backing out of everything was a plan.
this man has a terrific problem. I have stated from begininng he s bipolar. all symtoms contantly. Yet he is destroying country and none is doing anything to stop him
yes he can push everything down our throat andjust keep on lieing..when the govner of aroinza passes a law for witch all of us sould back her 110% . at least she has the guts to do it .and now obuma is crying about it .i back her we sould stop ills comeing in to the U>S>A because the goverment will not .we are the govement we sould have the last say in anything that does with the people of the U>S>A>.but it seams every one is sceard ,,,,.,tell me diffent????
obumer is now lieing about telling lies it sould be olier insted of obumer
the question now is not if he is lying…. it's has he EVER told a truth ?
That man has lied so long it has become second nature to him.
THE 800 MILLION OF CAMPAIGN MONEY CAME FROM OTHER COUNTRIES ON PRE PAID CREDIT CARDS SO THEY DIDN'T HAVE TO PUT A NAME ON THE CONTRIBUTION, HE IS AN EXPERT OF CORRUPTION IF I EVER SAW ONE, HE WAS TAUGHT WEEL AND I THINK THE CORUPTION PART OF HIS EDUCATION WAS THE ONLYHING HE GOT OUT OF HIS SO CALLED EDUCATION. HE'S A SICK MAN WITH A PERCHED HEAD OF SUCCESS WHICH HE TALKED ABOUT FROM A SMALL CHILD, HE WANTED TO BE TOP MAN IN AMERICA AND DON'T ASK ME HOW BUT HE MADE IT THROUGH STUPID VOTERS. I THINK ALL THESE IMMIGRANTS SHOULD HAVE TO BE IN AMERICA 2 YEARS BEFORE THEY ARE ALLOWED TO VOTE THAT WAY THEY WOULD KNOW WHERE THEIR AT, AND NOT JUST PUT A CHECK MARK IN A BOX WHERE THEY ARE TOLD BY THE DEMOCRATS, OUR VOTING RULES AND MORALS ARE A LOST CAUSE. TH LOOK AT VOTING IN 2008.
TO FINISH MY COMMENT:
THERE WAS CORRUPTION IN 17 OF OUR AMERICAN STATES THAT ACORN CORRUPTED THE VOTING AND NO ONE DID ANYTHING ABOUT IT. I DO NOT BELIEVE HE EVEN WON THE ELECTION IF THEY TOOK TIME TO VOTE RIGHT, THE VOTING SHOULD HAVE BEEN STOPPED THAT DAY AND NOTHING COUNTED AND HAD A DIFFERENT DAY TO VOTE ALL OVER AGAIN AND DO IT RIGHT AND LOCK ACORN UP SOMEPLACE. OBAMA IS SUCH A PART OF ACORN, HE COLLECTED AND MAYBE STILL DOES A 6 FIGURE KICKBACK FROM ACORN (OUR TAXPAYERS MONEY), HE WAS A SECOND PLACE COLLECTOR AND SENATOR DODDS WAS IN FIRST PLACE. OUR GREEDY GOVERNMENT IS SHOT AND OBAMA IS MAKING IT WORSE. HEARD ON FOXNEWS TODAY FROM AN OFFICIAL THAT THERE IS CLOSE TO A BILLION DOLLARS OF UNPAID TAXES BY 748 GOVERNMENT WORKERS, NOW WHERE IS OUR GREAT IRS INVESTIGATORS, YOU TRY THAT! SICK SICK SICK