A protester affiliated with the "Occupy Wall Street" protests stands with a US dollar bill taped over his mouth in Zuccotti Park in New York, on Monday, Oct. 10, 2011. (AP Photo/Andrew Burton)
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This isn't exactly surprising news, but nevertheless worth pointing out:
President Barack Obama’s largest campaign donors last month included employees of Wells Fargo & Co., JPMorgan Chase & Co. and Goldman Sachs Group Inc., according to an analysis of Federal Election Commission records.Their support indicates that Wall Street, which gave Obama $16 million for his successful 2008 White House run, is opening its checkbook again for the president. The contributions helped Obama raise $21 million in February, including $6.5 million transferred from a joint fundraising committee with the Democratic National Committee.
I'd really like to hear what the Obama-loving Occupy crowd thinks about this...
Despite his sagging approval numbers, the Obama campaign machine's fundraising is dwarfing that of GOP frontrunner Mitt Romney:
Obama has raised $161 million for his re-election and entered March with $84.7 million in the bank. Four years ago, engaged in a primary battle with Hillary Clinton for the Democratic nomination, he had raised $197 million by the end of February and had close to $40 million in cash.The incumbent has raised twice as much as Republican front- runner Mitt Romney, who has brought in $75.6 million, including $12 million last month. Obama’s campaign bank account entering March was more than 11 times greater than Romney’s.
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