Why “Fat Cat Bankers” Are Swinging Their Support and Money to Republicans

It's being called an "unheard of shift in party preference." A swing of support - and financial backing - that dwarfs anything seen in nearly a quarter of a century. According to the latest campaign finance analysis from the Center for Responsive Politics OpenSecrets.org, a majority of the nation's top corporate donors have turned from blue to red, so to speak, and are now contributing more to Republicans than Democrats. That's the exact opposite of what they did in 2008, and as the Bloomberg points out, nowhere is the trend more pronounced than on Wall Street.

While Mitt Romney's campaign has won the fundraising derby on a national level for the past 3 months, the change of sentiment among big business begs closer scrutiny. As my co-host Jeff Macke and I discuss in the attached video, if you had to boil the issue down, one overriding theme or reason jumps to the fore, uncertainty.

Whether it's uncertainty over regulation, uncertainty over taxes and the budget, or uncertainty over healthcare, it's not only eroding corporate confidence buy the cash outlays that normally go with it.

Let's use Goldman Sachs (GS) as an example. Data shows in 2008, Goldman employees topped all other corporate donors by contributing $6.1 million dollars, three-quarters of which went to Democrats. Today, 70% of their giving is going to Republicans. And they're not alone, party swings have also happened at JPMorgan (JPM), Citigroup (C), Morgan Stanley (MS) and UBS (UBS).

http://finance.yahoo.com/blogs/br...25z;_ylv=3


Remember whoever you vote for is a vote for the "rich bankers"

Since Obama turned out to be a ball-less wonder, wonder who will finally have the balls to take on the corrupt bankers..
When you are getting no love from them, and still not be willing to take them on, that makes one ball-less

http://finance.yahoo.com/blogs/br...25z;_ylv=3


Remember whoever you vote for is a vote for the "rich bankers"

Since Obama turned out to be a ball-less wonder, wonder who will finally have the balls to take on the corrupt bankers..
When you are getting no love from them, and still not be willing to take them on, that makes one ball-less

Well, they "invested" plenty in Obama in 2008, which has paid nice dividends for them. Throwing him some change now will just keep him in their pocket!

Now they have to buy Romney as well, since he's semi-unknown and if the Reps win the Senate too, well theres a slight chance something useful might happen for once and the banks might get knocked off their high horse.

Obama has already delivered for the price he was paid, now we just have to see if Romney is any different.

Now they have to buy Romney as well,

Just another example why Ron Paul is the best man for the job.

"In order to get money out of politics, you must first get politics out of money"

Yet the sheeple still think they are being given an option. Truly pathetic.

http://www.opensecrets.org/pres08...=N00009638

President Obama's top donors in 2008.