Obama’s Lobbyist Money

From: Booman Tribune

It’s no secret that Barack Obama is one of the top recipients of corporate campaign contributions in this election — in fact, he’s number two in the U.S. Senate behind Hillary Clinton for payoff money from the health insurance and pharmaceutical industries (which explains his successful gutting of health care reform while “serving” in the Illinois state senate).
But the blatant dishonesty and hypocrisy go a bit deeper than that. …

What Obama has done is pull a sleight-of-hand trick.  By avoiding direct contributions, he manages to appear as though he is keeping his promise not to accept money from federal lobbyists.  But in actuality, he is still taking it from the lobbying firms.  He gets away with it by claiming that he is taking individual contributions from those not registered as lobbyists.  Technically true, but it’s a cheat: the money is instead going through middle men, employees of lobbying firms who can operate under the proverbial radar.

BARACK OBAMA (D)
Top Contributors

Goldman Sachs — $421,763
Ubs Ag — $296,670
Lehman Brothers — $250,630
National Amusements Inc — $245,843
JP Morgan Chase & Co — $243,848
Sidley Austin LLP — 226,491
Citigroup Inc — 221,578
Exelon Corp — 221,517
Skadden, Arps Et Al — $196,420
Jones Day — $181,996
Harvard University — $172,324
Citadel Investment Group — $171,798
Time Warner — $155,383
Morgan Stanley — $155,196
Google Inc — $152,802
University of California — $143,029
Jenner & Block — $136,565
Kirkland & Ellis — $134,738
Wilmerhale Llp — $119,245
Credit Suisse Group — $118,250

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