Goldman Sachs, one of Wall Street’s most prestigious investment banks, was also among the many banks in 2008 and 2009 to receive billions of dollars in taxpayer money to help it stay afloat. Like others in the securities industry, Goldman Sachs advises and invests in nearly every industry affected by federal legislation. The firm closely monitors issues including economic policy, trade and nearly all legislation that governs the financial sector. It has been a major proponent of privatizing Social Security as well as legislation that would essentially deregulate the investment banking/securities industry. The firm tends to give most of its money to Democrats. A number of high-ranking government officials in recent years have spent part of their careers at Goldman Sachs.
From http://www.opensecrets.org/orgs/summary.php?id=D000000085
I should instead say 'high level executives' in the finance and hi-tech industries instead.
I think the Business Roundtable gave more to Obama than McCain. But perhaps not. Here's another.
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Barack Obama has collected nearly twice as much money as John McCain
BY David Saltonstall
DAILY NEWS SENIOR CORRESPONDENT
Updated Tuesday, July 1st 2008, 4:23 AM
Zurga/BloombergWall Street firms have chipped in more than $9 million to Barack Obama. Related ArticlesArticles
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Wall Street is investing heavily in Barack Obama.
Although the Democratic presidential hopeful has vowed to raise capital gains and corporate taxes, financial industry bigs have contributed almost twice as much to Obama as to GOP rival John McCain, a Daily News analysis of campaign records shows.
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Its not as clear as I'd like. I think what is going on is that some of the biz leaders are taking cultural cues from the other members of the Elite Establishment, and also there is a large measure of An Active Gov't Favors the Rich (who can afford to bribe the governors).
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I don't think its going to come to a civil war. I think the Blue side is going to get crushed electorally.