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Obamas Biggest Supporters Are Wall Street (Democrat)
Billionaires
original article written by Net Advisor
WASHINGTON DC. As we predicted, President Barack Obama has made income inequality a theme this year.
What some do not seem to grasp, is many of Americas wealthiest people and who supported Obamas 2012
campaign are not only Democrats, they also made their money from Wall Street.
Obamas Biggest Supporters: Wall Street (Democrat) Billionaires (short-list):
1. Billionaire S. Daniel Abraham (Slimfast).
2. Billionaire Warren Buffett (Berkshire Hathaway).
3. Billionaire Bill Gates (Microsoft).
4. Billionaire David Geffen (director/ filmmaker).
5. Billionaire William Randolph Hearst III (media/ publishing).
6. Billionaire Chris Hughes (co-founder, Facebook).
7. Billionaire Irwin Mark Jacobs (Qualcomm).
8. Billionaire George Kaiser (Kaiser Insurance/ Health Care).
9. Billionaire Sheryl Sandberg (COO, Facebook).
10. Billionaire Eric Schmidt (Google).
11. Billionaire Steven Spielberg (director/ filmmaker).
12. Billionaire George Soros (who is not a U.S. citizen).
13. Billionaire Oprah Winfrey (TV/ media).
Some left groups like to blame Wall Street firm, Goldman Sachs for one thing or another. What they may not know is
Goldman Sachs former CEO, Multi-Millionaire Jon Corzine, Michael Anders ($50,000) Michelle Car ($100,000) all
have been large Obama donors.
Other Wall Street money that contributed to Obamas campaign(s) include, but are not limited to (sample of
randomly selected larger donors):
Brian Benjamin of Benjamic Capital Solutions ($100,000+).
Marissa Mayer of Google ($100,000+).
Kathryn Brown and David Hill, both of Verizon Communications ($200,000+ each).
Frank P. Brosens of Taconic Capital ($200,000+).
Jonathan Burgstone of Symbol Capital LLP ($200,000+).
Larry Fish of the Royal Bank of Scotland ($200,000).
Carol B. Fulp of John Hancock Financial Services ($200,000+).
Paul Horning of Morgan Stanley ($200,000+).
Neil G. Bluhm of Walton Street Capital ($500,000+).
Mark D. Gilbert of Lehman Brothers ($500,000+).
Hamilton James of Blackstone Group (private equity/ hedge funds) ($500,000+).
Wayne Jordan of Jordan R.E. Investments ($500,000+).
Jeffrey Katzenberg of Dreamworks SKG ($500,000).
George and Judi Krupp, of Berkshire (Real Estate) Group ($500,000+ each).
Greg McCurdy ($200,000+) and John Frank ($500,000+) of Microsoft.
Robert Wolf of UBS Americas ($500,000+) to name a few.
As for Big Oil, British Petroleum (BP) and some employees contributed to both parties, however the largest
amount of cash went to the Obama campaign. The Obama campaign denied receiving oil money, but Obama took
BP oil money as far back when he was Senator of Illinois. BP also spent $15.9 Million on lobbying efforts just in 2009
according to Politico.
At least one Wall Street corporation Level 3 Communications, reportedly received $13.8 Million of Obama
(taxpayer) stimulus money after company officials raised at least $650,000 for the Obama 2012 campaign.
Some on the political left have this apparent obsession about William Koch and his Republican political contributions.
In the 2012 election cycle, Mr. William Koch was actually contributed only $3 Million to the Romney campaign.
There were four others who were bigger Republican contributors including Sheldon Adelson who reportedly donated
directly and or via PACs some $34.2 Million to the Romney campaign according to The Blaze.
In fact, in terms of dollars, large contributions accounted for more than double verses small contributions Obama and
Romney 2012 campaigns. One person stood out from Texas. Naomi D. Aberly classified herself as a Homemaker
and managed to contribute at least $500,000 to the Obama 2012 campaign. After a closer look at this homemaker,
we found that Ms. Aberly is reportedly a former Director at North Texas Public Broadcasting, Inc. and is the Director of
the Lebowitz-Aberly Family Foundation. This doesnt exactly sound like someone baking cookies and changing
diapers.
This is not to say any of these people are bad for achieving great success, nor does this imply that there was any
wrong doing. This is what campaigns of all parties do raise lots of money. Barack Obama out raised Mitt Romney
by $269,542 Million+ and out spent Romney by $250,265+ in 2012 election cycle according to OpenSecrets.org.
Article: How Did The Democrats Become The Party Of The Rich? (Forbes)
Putting politics aside, all of these people worked very hard and they profited from that hard work via a capitalist not
a socialist system. While political progressives seek to blame Wall Street, or Big Oil for greed and economic
problems that ever occurred, lets just not pretend that Wall Street millionaires and billionaires arent huge Democrat
contributors too.
So if we can just end the argument now that Progressive Democrats are for the poor and middle-class when they
spend most of their time hob-nobbling with the jet-set. We dont see too many poor people working in Obamas White
House do we? Again, there is nothing wrong with this, its how campaigns go. Lets just call it like it is.
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Related Article: Obamas Green Energy Grave Yard
Obama photo source not cited. Please advise for credit.
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markets, personal finance and analysis with a transparent look into U.S. public policy. We also perform and report on
financial investigations to help protect the public interest. Read More.
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