There’s an old expression… Don’t crap where you eat.
Barack Obama attacked banks today in his latest push to raise taxes.
Business Insider reported:
One-third of the Obama re-election campaign’s record-breaking second-quarter fundraising came from sources associated with the financial sector, the Washington Post reports.
That percentage is up from the 20% of donations that came from Wall Street donors in 2008, and contradicts reports that a growing Wall Street animosity towards the Obama administration may jeopardize his re-election bid.
Advertisement - story continues below
Obama’s $86 million haul set a record for incumbent fundraising at this point in an election campaign. While the campaign has downplayed the larger donations by emphasizing that the average donation was $69, it also released a list of contributions by “bundlers;” those who can “bundle” more than $50,000 in contributions from friends, relatives and business associates.
No wonder his fundraiser last week in New York City was a bust.