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murky303 asked in Politics & GovernmentPolitics · 1 decade ago

Why is Barack Obama considered a man of the people?

when he's taken so much money from Big, Big Business?

It seems that at least some conservatives, libertarians and a few leftists (such as Counterpunch's Pam Martens) (1, 2) were on the real story with Obama - those of us who noted Geoge Soros' and Warren Buffett's generosity to his Presidential campaign, or that Obama got more money from Freddie Mac and Fannie Mae than any other Member of Congress. Interestingly, executives and employees of Wall Street law firms and lobbyists were Obama's largest donors, among them Jack Abramoff's Greenberg Traurig ($70,000).

When the investment banks and bankers peel off the big bucks to get you into office and keep you there, and send major executives (like Perseus Group's Jim Johnson - Soros owns Perseus Group) to help you run your campaign, it's not because they like your speaking style. It's because they expect you to share the nation's wealth with THEM somewhere down the line.

To quote Pam Martens (back in March, 2008):

"We are asked to believe that those white executives at all the biggest Wall Street firms, which rank in the top 20 donors to the Obama presidential campaign, after failing to achieve more than 3.5 per cent black stockbrokers over 30 years, now want a black populist president because they crave a level playing field for the American people.

The number one industry supporting the Obama presidential bid, according to the widely respected, nonpartisan Center for Responsive Politics, is "lawyers/law firms" (most on Wall Street's payroll), giving a total of $11,246,596. They say:

"Other leading presidential candidates are taking money from lawyers/law firms/lobbyists, but Senator Obama is the only one rallying with the populist cry that he isn't."

This presents three unique credibility problems for the yes-we-can, little-choo-choo-that-could campaign: (1) these are not just "lawyers/law firms"; the vast majority of these firms are also registered lobbyists at the Federal level; (2) Senator Obama has made it a core tenet of his campaign platform that the way he is gong to bring the country hope and change is not taking money from federal lobbyists; and (3) with the past seven ignoble years of lies and distortions fresh in the minds of voters, building a candidacy based on half-truths is not a sustainable strategy to secure the west wing from the right wing.

Yes, the other leading presidential candidates are taking money from lawyers/law firms/lobbyists, but Senator Obama is the only one rallying with the populist cry that he isn't. That makes it not only a legitimate but a necessary line of inquiry....

...Why do Wall Street and the corporate law firms think they will find a President Obama to be accommodating? As the Black Agenda Report notes, "Evidently, the giant insurance companies, the airlines, oil companies, Wall Street, military contractors and others had closely examined and vetted Barack Obama and found him pleasing."

Pardon the Joel Chandler Harris analogy, but Barack Obama was Big Business' Briar Patch - they pleaded faintly for the American people not to elect a guy who they found perfectly willing to accept their money in great big lots. What the Democratic Party accuses John McCain and Joe Lieberman of being, Obama IS.

Sources:

1) http://www.counterpunch.org/martens05052008.html

2) http://carolynbaker.net/site/content/view/360/

9 Answers

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  • Anonymous
    1 decade ago
    Favorite Answer

    He was put into power by Wall Street, for Wall Street. His cabinet if packed full of Wall Street executives. That is not by accident.

    Here's another good read.....

    http://www.rollingstone.com/politics/story/3123464...

  • ?
    Lv 4
    5 years ago

    exciting question. you're authentic that the assumption of pondering somebody black in spite of in the event that they're only partly black has its origins in prejudice. For some reason, in a sort of cultures around the globe (not merely North American and African people) the historic social hierarchy corresponds to the lightness of one's epidermis. darkish skinned people around the globe (south u . s . a . of america, even between communities devoid of African ancestry, India, the Phillipenes, etc.) there's a e book called "international on hearth" that is going into this in great component and this is quite exciting. The reasoning for pondering Barack properly worth of compliment for being the 1st black President (even however he's barely 0.5) is b/c of the thought the racism and hatred that he confronted advance into merely like if he'd been one hundred% black, pondering how racist people evaluate somebody black in spite of in the event that they're partly black. Your argument that he does not have been elected if he have been one hundred% black speaks to the thought epidermis colorations be counted too. i think of you're authentic to an quantity -- Barack advance into raised by ability of a white mom and grandma and due to that he's probable continually felt completely delicate around white people. i think of being biracial supplies him a distinctive ability in that section that different persons (white people and black people) lack. So i might say that better than his epidermis colour, what has quite helped him is that he can see the racial themes that our usa faces from the two perspectives. In a feeling he has probable not at all felt completely at living house around white people or black people, and so he's had to be certain who he advance into as a man or woman, and the thank you to communicate effectively with the two communities. he's likewise had to conquer prejudice and win countless people over who not at all theory there may well be a black or a nil.5 black president.

  • Anonymous
    1 decade ago

    http://www.rollingstone.com/politics/story/3123464...

    Obama's Big Sellout

    "What's taken place in the year since Obama won the presidency has turned out to be one of the most dramatic political about-faces in our history. Elected in the midst of a crushing economic crisis brought on by a decade of orgiastic deregulation and unchecked greed, Obama had a clear mandate to rein in Wall Street and remake the entire structure of the American economy. What he did instead was ship even his most marginally progressive campaign advisers off to various bureaucratic Siberias, while packing the key economic positions in his White House with the very people who caused the crisis in the first place."

  • 6 years ago

    Obama is a man of the people because,, he is at least concerned about us. He has ties to Wall Street,just like all of the other Politicians

  • 1 decade ago

    He's not. He's the black George Bush.

    Obama is the man of fat cats on Wall Street and people who want to continue the war.

    Source(s): independent
  • Anonymous
    1 decade ago

    He is not racist and he is bringing CHANGE and HOPE to Americans.

    He also brought our troops home and has slashed government spending like Bush used to do.

    Thank goodness for CHANGE!

  • Bob S
    Lv 6
    1 decade ago

    Can't have a "People's Republic" without a "People's Leader".

  • Anonymous
    1 decade ago

    Big government and Big corporate America go hand in hand.

    Obama: for special interests by special interests.

  • 1 decade ago

    Depends on the people you are talking about, it's definitely NOT with Americans, maybe Chinese or some other Communist country*************************************************************************

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