Monday, September 15, 2008

Obama - One More Sugar Daddy Bites The Dust

While Democrats are back slapping themselves over the tremendous amount of money Obama is raising they have failed to ask themselves a couple of questions. Where is all this money coming from? Who is really dumping all this cash in this race?

While in the early days the Obama machine relied on appealing to small private donors who chipped in the five, ten, and twenty bucks to start him rolling was noble. While that appeal still continues it just does not add up to over 350 million dollars.

Obama introduced a new angle to the fund raising scene this election. Instead of taking money from companies, via their lobbyist he is taking the checks directly from the executives and their cohorts. This allowed him to embellish the number of contributors and hide where the money was coming from.

So who is this hour’s Obama sugar daddy to bight the dust? Well sadly it looks like Washington Mutual is in deep trouble. It is unknown at this hour if they will survive or not.

To demonstrate how screwed up Washington Mutual is to look who the top brass and the other members of the band mainly supported. Sen. Chris Dodd, a democrat, was in and out of the race almost as fast as Joe Biden.

Now Washington Mutual was not flush with cash, now we know why, they still lined the campaign coffers of the Democrats, the best they could. Dodd hauled down 35% of the $66,000 plus they sent out.

Behind Dodd was Obama with a 25% share and Hillary Clinton scooped up 15%. John McCain managed to make off with less then 2% of the flash money.

I have figured out a new way to play the stock market and win. Find out who did not overload Obama’s and Clinton’s coffers and buy their stock. If Obama and Clinton show up as top picks of political money then you best pass it by.

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