Wednesday, February 1, 2012

Master of the Obvious


Rich patrons are a major source of Romney's cash, are you serious? That's like reporting that the Japanese Tsuanmi did a lot of damage when the huge wave rolled over its beaches. I didn't check, but I'm guessing the NYTimes doesn't have a "Master of the Obvious" category for their news. It goes without saying that a party that, for the past year or so, has done nothing but try to convince everyone that taxing the wealthy is a bad idea would have very wealthy patrons funding their campaign. At least here in the good old US of A where wealthy individuals and corporations have full access to donate whatever money they want to influence the American public as part of the election process.

Anyway, here's part of the role call:

All told, the group, Restore Our Future, raised about $18 million from just 200 donors in the second half of 2011.
Millions of dollars came from financial industry executives, including Mr. Romney’s former colleagues at Bain Capital, who contributed a total of $750,000; senior executives at Goldman Sachs, who contributed $385,000; and some of the most prominent and politically active Republicans in the hedge fund world, three of whom gave $1 million each: Robert Mercer of Renaissance Technologies; Paul Singer of Elliott Management, and Julian Robertson of Tiger Management.
Not to be out done, the other half of our one party system has also raised a huge sum of money.

But as Mr. Romney sailed to an overwhelming victory in Florida’s primary on Tuesday night, fund-raising documents filed by President Obama showed the kind of financial juggernaut he will face if he becomes his party’s nominee: Mr. Obama reported raising a total of $140 million in 2011, far eclipsing the $57 million Mr. Romney raised for his campaign for the year.
So between the two front runners for dictator there has been a total of $197 million dollars raised. $197 million to do what? Influence the American public to allow those who are in power to remain in power so the status quo doesn't shift. I can think of lots of things that would be a more worth-while use of those funds. Like paying for health care for millions of Americans or improving our education system, but I guess those aren't worthy causes or, better yet, good investments.





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