How much “change” do you think the top contributors to Barack Obama really want?
Among the top donors to Obama’s campaign, we find:
1. Goldman Sachs $739,521
4. Citigroup Inc $492,548
6. JPMorgan Chase & Co $475,112
7. National Amusements Inc (CBS, Viacom, MTV, BET, Paramount Pictures, DreamWorks, and more) $432,169
8. Microsoft Corp $429,656
9. UBS AG $419,550
10. Lehman Brothers $391,774
12. Time Warner $375,063
16. Morgan Stanley $341,380
Note that some of the major players in the global financial meltdown — Goldman Sachs, et al — have kicked in nearly $3 million to elect Barack Obama. What kind of return do you think they expect on their investment?
Now, the corporations listed above did not contribute directly to Barack Obama; the money came from the organization’s PAC, its individual members or employees or owners, and those individuals’ immediate families. And when you consider that Sen. Obama has raised $460 million for his campaign (an astounding amount of money for a man who spent one unremarkable year in the U.S. Senate before announcing his candidacy for president), the $3 million is a drop in the bucket. It should also be noted the people connected to the same financial corporations are the top donors to John McCain’s campaign (though in much smaller amounts).
My point is not to slam Barack Obama. It’s this: neither one of the major candidates for president is likely to bring meaningful change to the White House. It’s just going to be more of a surprise to Obama supporters than those who vote for McCain.