Tuesday, April 20, 2010

Bailouts = Payola

Goldman Employees Donated $1 MILLION to Obama Campaign

U.S. Senate candidate Alexi Giannoulias pushed his Republican opponent in Illinois to give back donations from Goldman Sachs Group Inc. without saying whether President Barack Obama should return almost $1 million that bank employees contributed to his White House bid.

Obama, a political mentor and basketball buddy to Giannoulias, received the money from employees and their family members, making Goldman Sachs second only to the University of California as his biggest single source for donors in 2007 and 2008, according to the Center for Responsive Politics.

Mark Kirk, the congressman competing against Giannoulias for the seat once held by Obama, ranks sixth for donations from Goldman employees, the center’s data shows. The top five are Democratic Congressman Michael McMahon of New York, Republican Senator Richard Shelby of Alabama, and three other New York Democrats: Senator Kirsten Gillibrand, Representative Scott Murphy and Senator Charles Schumer.[More]

Crooks all. Republicans and Democrats alike. Give back the money NOW and keep your grubby hands out of the financial market. Whatever legislation they pass will do absolutely NOTHING to keep them from getting their hands greased again and again.

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