Humm, I am starting to notice a pattern here. It looks like so many of the companies that have caused America so much grief lately were all top donors to the Obama campaign.
First we have Freddy Mac, who played all kinds of accounting games to enrich their bonuses and finally had to be bailed out. Obama was their second highest recipient of campaign contributions.
Next up, Goldman Sachs, this company plays fast and loose on Wall Street and somehow always seems to land on their feet. They also seem to have an exceptionally high number of former employees working in the administration. Goldman Sachs was Obama’s second highest corporate donor.
Finally we have BP, who according to the administration is solely responsible for possibly the worst environmental disaster in the nation’s history. Today we learn that they too gave big bucks to the Obama.
Politico: […] BP and its employees have given more than $3.5 million to federal candidates over the past 20 years, with the largest chunk of their money going to Obama, according to the Center for Responsive Politics. Donations come from a mix of employees and the company’s political action committees — $2.89 million flowed to campaigns from BP-related PACs and about $638,000 came from individuals.
On top of that, the oil giant has spent millions each year on lobbying — including $15.9 million last year alone — as it has tried to influence energy policy.
During his time in the Senate and while running for president, Obama received a total of $77,051 from the oil giant and is the top recipient of BP PAC and individual money over the past 20 years, according to financial disclosure records.[…]
Boy, all that Hopey and Changey stuff sure was expensive!
Via: Open Secrets