Monday, October 10, 2011

Playing Both Sides of the Street (i.e., Wall St.)

This may not be news to many, but the Daily Caller reports that President Obama has been encouraging the Occupy Wall Street demonstrators while raking in enormous amounts of cash from the tycoons he has showered with bailout money.

Despite his rhetorical attacks on Wall Street, a study by the Sunlight Foundation’s Influence Project shows that President Barack Obama has received more money from Wall Street than any other politician over the past 20 years, including former President George W. Bush.

In 2008, Wall Street’s largesse accounted for 20 percent of Obama’s total take, according to Reuters.

When asked by The Daily Caller to comment about President Obama’s credibility when it comes to criticizing Wall Street, the White House declined to reply....

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