Hypocrite: Obama Has Received More Contributions From Wall Street Than Any Politician In The Last 20 Years
President Obama is fond of trashing Wall Street as part of his class warfare politics, and he’s even had some nice things to say about the “Occupy Wall Street” protesters, but the truth is that Obama has gotten in bed with Wall Street to a greater extent than any other President in a generation.
Despite his rhetorical attacks on Wall Street, a study by the Sunlight Foundation’s Influence Project shows that President Barack Obama has received more money from Wall Street than any other politician over the past 20 years, including former President George W. Bush.
In 2008, Wall Street’s largesse accounted for 20 percent of Obama’s total take, according to Reuters.
When asked by The Daily Caller to comment about President Obama’s credibility when it comes to criticizing Wall Street, the White House declined to reply.
Former White House Press Secretary Ari Fleischer says the distance between the president’s rhetoric and actions makes him look hypocritical.
“It’s almost as if President Obama won’t cross across a Wall Street picket line except to get inside with [his] hand out, so he can raise money,” Fleischer told TheDC, referring to the Occupy Wall Street demonstrators who the president has been encouraging over the past week. “That sort of support causes him to look hypocritical.”
It’s beyond hypocritical. We’ve got the guy who bailed out General Motors, and who got in bed with his cronies at Solyndra, lecturing us about the evils of Wall Street.
Give me a break.Tags: Barack Obama, crony capitalism, wall street