Obama and Wall Street

A quick update to the recent posts on Occupy Wall Street:  the Daily Caller again reminds everyone about this interesting fact:

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.

 And they also note this aside on Bank of America:

“Banks can make money,” Obama said last week, responding to questions during an interview with ABC News about Bank of America’s decision to levy a $5 monthly fee on debit card users. “They can succeed, the old-fashioned way, by earning it.”

In fact, the Sunlight Foundation, a nonpartisan watchdog group that tracks lobbyist spending and influence in both parties, found that President Obama has received more money from Bank of America than any other candidate dating back to 1991.

There is nothing wrong, of course, with Obama receiving money from Wall Street or Bank of America.  The problem lies when you have a president playing up class warfare at the expense of solving real problems. When will the Occupy the White House demonstrations start?