Last quarter, Republican front-runner Mitt Romney raised 18 million dollars for his campaign. Romney took in more than half a million dollars from registered lobbyists. One of Mitt Romney’s biggest fundraisers has been lobbying for a foreclosure firm while foreclosure fraud is still going on at an alarming rate. Some are suggesting that Goldman Sachs may have switched allegiances, as they gave a quarter of a million to Mitt Romney and just ,000 to Obama. Obama has had a very corporate friendly presidency to say the least (and his administration, along with the last several, have been very friendly to Goldman Sachs), but this is evidently not enough for the behemoths on Wall Street.
A Mitt Romney Super-PAC (called Restore Our Future) has raised 12.2 million dollars for him so far this year. The PAC is run by ex-Romney officials from his previous presidential run. Not a single contributor to the PAC gave less than 00, and 4 contributors gave more than a million dollars. Politico reports that it is unclear who is making these donations, but John Paulson (a billionaire hedge fund manager who bet that the housing market would collapse, making him wealthy off of others’ misfortune) did reveal his name.
This guy makes Obama look good.