Big banks have picked their candidate, and it's Romney

[FreakinDJ]

Andrew Dunn | Charlotte Observer

CHARLOTTE, N.C. — The country's biggest banks are overwhelmingly supporting Mitt Romney's bid for the Republican presidential nomination, an analysis of federal campaign contributions shows.

Employees at the five largest U.S. banks by assets, including Bank of America Corp. and Wells Fargo & Co., had given Romney about $600,000 through the first three quarters of 2011, according to the most recent filings available from the Federal Election Commission.

The second-largest recipient of bank employee contributions, President Barack Obama, had far less, about $200,000, the analysis showed. The Republican presidential hopeful with the second-highest total, former Minnesota Gov. Tim Pawlenty, dropped out of the race in mid-August.

Romney received more from employees of those top five banks than all the other candidates combined, helping make the former Massachusetts governor the best-financed candidate in the Republican nomination battle, which is heating up in South Carolina ahead of Saturday's primary.

Read more here: http://www.mcclatchydc.com/2012/01/15/135945/big-banks-have-picked-their-candidate.html#storylink=omni_popular#storylink=cpy

[CrispyQ]

1. I network with a group of small business owners.

One is a financial advisor with a major brokerage company. About a month ago, he said that Wall St. wants Romney.

[sarcasmo]

2. It's not just big banks. Corporations and the billonaires that run said corporations

also back Romney, which is why he will get the nomination.

[Hawkowl]

3. The Nerve!

It is outrageous that after all the boot licking, kowtowing, and abject prostration at the foot of the almighty dollar, that Obama is getting this treatment by the banksters!

What more do they want? They got TARP. They have gone unprosecuted. They got their Obama tax cuts extended. They Treasury is run by their man Geithner. Here Obama is a good ole Goldwater Republican and he still can't get any respect from his corporate masters!

The banksters are doing this because they want it all. They want no minimum wage, no taxes, no regulations whatsoever. And Obama has made it absolutely clear that there will NEVER be any consequences to anyone with money.

[alfredo]

6. He said somethings the banks saw as unkind. How dare he suggest the banks should be regulated.

Regulation = law enforcement.

[Zoeisright]

4. In typical criminal fashion, they do band together.

We call them "banksters" for a reason.

[Rosa Luxemburg]

5. Romney - the icon of greed

Mr. 0.5%

[center rising]

7. Is this a surprise to anyone??

Not to me it isn't.

[gulliver]

8. Romney should do a centerfold for the Wall Street Journal

It would fly off the shelves.

[oldhippydude]

9. why does this suprise anybody

the recess appointment of Richard Cordray pretty much should put the fear of Gawd in to them.. not to mention the effect of Elizabeth Warren, likely kicking Scott Brown's butt..

[spanone]

10. gordon gekko for president

[ChadwickHenryWard]

11. That's a little ungrateful, don't you think?

He gave them billions in super-cheap loans, when he could have seized and liquidated their assets, like the government normally does with failed banks. What exactly has he done to offend them so grievously?

Anyway, this is a real problem for Obama. The candidate with more money tends to win the election, and the bans went a long way towards helping Obama win the first time.

[RBInMaine]

12. Oh but c'mon. Obama is just like a Republican, right? So, um, why doesn't he have at least half of

the banks???? Or maybe he's NOT a "Republican" after all. Gee whiz.

[dmosh42]

13. The drive for Fascism is out in the open now!

[sinkingfeeling]

14. Just that headline tells us President Obama is on the right track!

[JDPriestly]

15. I hope that if Obama is not re-elected,

the DLC shuts its corporate mouth, tucks its tail between its legs and crawls in a hole to hide away for a long, long time. Forever would not be too long.

Democratic candidates have to realize that they cannot fatten themselves at the corporate table and then pretend to represent "the people."

The Democrats who look to corporations for their campaign funds are like the young women who think that just because a guy takes her to a nice restaurant, he loves her for life.

We have to stop selling ourselves cheap.

[russspeakeasy]

16. Well said JD.