Wednesday, April 21, 2010

Goldman Sachs is to Obama as Enron was to Bush?

"...Campaign contributions from Goldman Sachs employees to President Obama are nearly seven times as much as President Bush received from Enron workers, according to numbers on OpenSecrets.org.

In 2002, the New York Times wrote: "President Bush is seeking to play down his relationship with Enron's embattled chairman, Kenneth L. Lay. But their ties are broad and deep and go back many years, and the relationship has been beneficial to both." (h/t Lachlan Markey)

But the mere $151,722.42 (inflation adjusted) in contributions from Enron-affiliated executives, employees, and PACs to Bush hardly add up to Obama's $1,007,370.85 (inflation adjusted) from Goldman-affiliated executives and employees. That's also not taking into account how much Goldman contributed to Obama cabinet member Hillary Clinton ($415,595.63 inflation adjusted), which was itself almost three times as much as Bush received as well.

It would be fair to say that the total amount the Obama administration has received from those affiliated with Goldman Sachs is ten times that of what Bush received from Enron..." (source)

Why are stories like this always in an OpEd section? Where are the journalists? How many times do we have to hear (from a very select few news outlets) all the things the Obama administration is currently doing that they accused the Bush administration of doing before the MSM realizes they are being remiss in ignoring the facts?!

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