The Big Wall Street Banks Are Already Trying To Buy The 2012 Election

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We are never going to restore legitimacy to our political system until we get the money out of politics.  Typically, in federal elections the candidate that raises the most money wins about 90 percent of the time.  In 2008, Barack Obama raised almost twice as much money as John McCain did.  3 of the top 7 donors to Obama’s campaign were big Wall Street banks (Goldman Sachs, JPMorgan Chase and Citigroup).  Now Wall Street is doing it again.  The big Wall Street banks are already trying to buy the 2012 election.  So who do they want to win in 2012?  Based on contribution patterns so far, the overwhelming favorite of the Wall Street banks to win in 2012 is Mitt Romney.  The big Wall Street banks have given to Romney as pile of money that is more than 4 times larger than they have given to anyone else.  Even though most Republicans really don’t want him, if history is any indication this means that Mitt Romney is going to be the Republican nominee for president in 2012.  So why aren’t more people talking about this?


Posted below are numbers from a recent analysis done by the Center for Responsive Politics.  These numbers reflect monetary donations to presidential candidates by employees of these big Wall Street banks (and their wives) between January and September 2011.

As you can see, somehow Mitt Romney is at the top of each list by a wide margin.  Clearly there is a “consensus” (some would call it a conspiracy) among the Wall Street elite that Romney is the man for the job.

When you want to find out what is really going on in American politics, just follow the money.  If Mitt Romney does not win the Republican nomination, it is going to be a massive upset.  History tells us that it is incredibly difficult to overcome the kind of monetary advantage that Romney is piling up.

Once again, the following numbers were put together by the Center for Responsive Politics.  As you can see, Wall Street is once again trying to buy an election, and they very clearly want Mitt Romney to win the Republican nomination….

Goldman Sachs

Mitt Romney: $352,200
Barack Obama: $49,124
Tim Pawlenty: $25,000
Jon Huntsman: $6,750
Rick Perry: $5,500
Ron Paul: $2,500

Morgan Stanley

Mitt Romney: $184,800
Tim Pawlenty: $41,715
Barack Obama: $28,225
Rick Perry: $20,750
Jon Huntsman: $9,750
Newt Gingrich: $1,000
Ron Paul: $1,000
Herman Cain: $500

Bank of America

Mitt Romney: $112,500
Barack Obama: $46,699
Tim Pawlenty: $12,750
Jon Huntsman: $4,250
Ron Paul: $3,451
Rick Perry: $2,600
Thad McCotter: $2,000
Herman Cain: $750
Michele Bachmann: $500
Newt Gingrich: $250

JPMorgan Chase

Mitt Romney: $107,250
Barack Obama: $38,039
Rick Perry: $27,050
Tim Pawlenty: $16,750
Jon Huntsman: $7,500
Ron Paul: $5,451


Mitt Romney: $56,550
Barack Obama: $36,887
Tim Pawlenty: $5,300
Rick Perry: $3,000
Herman Cain: $1,465
Michele Bachmann: $1,000
Ron Paul: $702

As you can see, no other Republican candidate even comes close to Romney at any of these big Wall Street banks.

In fact, of the candidates that are left in the Republican race, Mitt Romney has raised 13 times as much Wall Street money as anyone else has.

The following are the overall donation numbers from employees of the big Wall Street banks and their wives….

Mitt Romney: $813,300
Barack Obama: $198,874
Tim Pawlenty: $101,515
Rick Perry: $58,900
Jon Huntsman: $28,250
Ron Paul: $13,104
Herman Cain: $2,715
Michelle Bachmann: $1,500
Newt Gingrich: $1,250

These numbers paint a very disturbing picture.  Even though Romney’s poll numbers are in the mid to low 20s most of the time, employees of the big Wall Street banks gave him $813,300 during the first 9 months of this year and they only gave $105,719 to the rest of the Republican candidates combined.

Hopefully the American people will wake up and will think for themselves.

But we have seen this story play out time after time after time before.

The candidate with the most money almost always wins.  The establishment is almost always able to pick the candidates that they want, and the rest of us are often left with trying to choose between “the lesser of two evils”.

A while back, Dylan Ratigan absolutely lost in on air during a panel discussion on MSNBC.  This epic rant about money in politics is not something that you will often see in the mainstream media, and it contains a lot of truth….

Ratigan is right about this issue.  We do have a bought Congress.  We also have a bought president.

If Mitt Romney wins the Republican nomination and the general election in 2012, we will have yet another bought president.

Until we get the money out of politics, we will continue to have a situation where it seems like nothing ever changes no matter who we send to Washington D.C.

The way that election laws are written right now, the big Wall Street banks and the ultra-wealthy are able to have a much greater say in who gets elected than the rest of us do.

It is fundamentally wrong and it has turned our political process into a giant farce.  Instead of being “elected”, most of the time our politicians are “selected” for us by the establishment.

Please share this information with as many people as you can.  The American people need to understand how things really work in the political world.  Perhaps if they begin to understand how our candidates are “bought”, then perhaps they will start demanding real change.

  • PaulF

    Michael, this is a great ‘find’. I have not seen this reported anywhere else, in the MS or other media.

    You know me – I’m a pessimist on this topic – this system will not be changed substantially save by being destroyed & rebuilt.

    • Michael

      I agree – this should be a huge issue.

      This same thing happens election after election.


  • mondobeyondo

    Not surprising. Not surprising at all.

    Every president has been bought off. Every presidential candidate, too. (Well, that’s by definition. You can’t be president if you aren’t a candidate first.) JFK was the last president to have made a real stand against “the system”. Robert F. Kennedy would have stood up against the elites and military industrial complex as well. Obviously, and unfortunately, both failed.

    Ever since, we’ve had a succession of “yes-men” who will do the bidding of those who REALLY are in charge. They HAVE to. They have no choice. Well, they do, but it would lead to an unhappy end for them.

    For a job that pays about $400,000 a year (which is what the President earns from what I’ve heard), a candidate sure has to raise millions and millions of dollars, and jump through a lot of hoops to get elected. Where do they get all that moolah? Not from working as a sales clerk at Sears, that’s for sure.

  • mondobeyondo

    Poor Herman Cain. Poor Ron Paul.
    The big bankers just aren’t giving them enough to fund their campaigns. Romney, Obama and Perry are getting the big bucks. Cain and Paul get pennies.

    One example from the above list:

    Bank of America

    Mitt Romney: $112,500
    Barack Obama: $46,699
    Tim Pawlenty: $12,750
    Jon Huntsman: $4,250
    Ron Paul: $3,451
    Rick Perry: $2,600
    Thad McCotter: $2,000
    Herman Cain: $750
    Michele Bachmann: $500
    Newt Gingrich: $250

    Makes you wonder…

  • mondobeyondo

    Look out! I’m on a roll now!

    And why doesn’t each candidate get equal amount of time in the MSM press?? Irregardless of gender, race, religion, etc.?

    In the mainstream press, it was all about Romney and Perry, until a couple of weeks ago when Cain caught fire. What happened to Bachmann? I don’t support her, but… I mean, really… did Huntsman fall off the map and end up in a snow drift in Antarctica? Equal time for every candidate! That’s what it’s about in a democracy anyway, right?

    Okay, I’m done. I’m off to watch “Real Housewives of the Amish Community”…

  • A Dodgy Bloke

    Dylan Ratigan and Carl Denninger sadly are the only two who gets it. It all boils down to Campaign Finance reform. This has been tried many times and each time armies of lawyers have been sent to gut the law. I think we need to abolish corporate personhood this will go along way to making Business people liable for the decisions they make. Bankers have to know any illegal act and they will go to jail.


      A Dodgy Bloke,

      Agreed. But step one is for people to break free of the straight-jacket of voting for the lesser of two evils. Stop voting for republicans and democrats, both wings of the war party have not and will not make a difference for the better.

    • Steve

      What we really need are “TERM LIMITS”. Our system was never set up to give a citizen a life long term of serving the people. They always talk about term limits, but never pass it. No one should ever trust a carrer political person. They should, if elected, do two, four year terms, then go back to the privet sector. Back to making a living at what ever they did before. That would fix alot of the problems…

  • Promote credit unions as alternative to the big banks. Work to eliminate your credit card debt; aim to pay off balance each month. Don’t buy what you don’t really need; frequently assess your wants/needs contrasted with your goals.

    But most important – never forget that no matter what a politician promises or even legislates (even if it is as a result of money coming from some corporation or wealthy individual), it is all WORDS without the government enforcers, those willing to threaten and actually initiate physical force.

    Make the role of LAW ENFORCEMENT unpopular by not voluntarily associating with anyone in that position (in any of the vast number of enforcement agencies) who will not be convinced by reasoned persuasion. When large numbers of people practice negative social preferencing (shunning and even ostracism), there will be far fewer government enforcers. Consequently with far few enforcers, there will be far fewer government rules and regulations – VERY (?Most?) often promoted by corporations, which are technically only entities as a result of their “legal creation” by government.
    No voluntary association means no sales, no service, no camaraderie – NO anything, including no violence!
    (More on beyond protests:

  • hoser

    I’ve been asked severaltimes now to donate to the Republican Party. Everytime, I’ve written back to them to say no. I donate directly to Ron Pauls campaign. Why would I give you money just so you can give it all to a romney, Perry (*******) or Cain? I am a registered Republican who has come to the realization that “Both” major partys are corrupt and paid-for. Give directly to Ron Paul and don’t let the Republicans touch your money!

    • Gay Veteran

      hoser: “…Why would I give you money just so you can give it all to a romney, Perry (********)….”

      Michael, I’m really shocked you are allowing this

      are you now allowing the gratuitous use of epithets? are people allowed to call Cain or Obama a *****************?

    • buck

      Exactly what I do! Donate to Ron Paul, Campaign For Liberty and last spring Texas gubernatorial hopeful Debra Medina. It becomes irritating when the RNC and other “Republicans” send mail soliciting a donation. You have got to be kidding!! They must think I’m an idiot! In Texas we vote in one party’s primary or the other. When you do your name is entered in one log or the other, Democrat or Republican. I hate it because that is the avenue to these RNC shills and others asking for money. Forget it. I have been burned enough by special interest politics. Occasionally I write back and say NO THANKS and explain exactly why.
      Anyone that thinks the RNC and its network of “Republican” shills is going to save us has their head buried where the sun does not shine. No need even mentioning the “other” party in a two party dupe that is different from communism only in the fact we have two choices rather than one.

  • When’s Dinner?

    wow man, great catch. “Follow the money”, I like that. Peace out –

  • Michael P

    The only sure way to keep money out of politics is to abolish the Presidency and the Congress and establish a monarchy.

    • BH

      No, the way to keep money out of politics is for the government to be limited to the powers given to it in the constitution. Limited to those few enumerated powers, there is little to sell.

      As long as the US Congress claims and practices the power to legislate all aspects of life, any form of limits on campaign donations will only serve to prevent changes to the status quo. Make significant donations illegal and only the most criminal politicians will receive significant donations.

  • United We Stand For Prosperity

    Looks like Goldman Sachs just told us all who to vote for and it isn’t MITT!

  • mark

    Like it or not money make the worid go around. If the corporations and the unions are not allowed to donate, the employees or members will instead. We need real term limits. Two years in the house and then go home. Same goes for the senate and president. No pensions for the pols. Romney is too RINO, but I will vote for him in a heartbeat over Obama.

  • Justa Guy

    The vast majority of Americans are stupid and ignorant. All you need is plenty of $$ to keep pushing someone’s name in front of them more than anyone else, and that is who they will vote for. They are incapable of taking the time to look into a candidate’s background and compare what they’re saying with what they’ve actually done. Even when a candidate is caught in an outright scandal or lie, they will never discount that candidate if their name is constantly being pushed on them. It is astounding to watch the total lack of logic that seems to prevail in the election process. And it is worst in the primaries, because the 2 main party candidates chosen always seem to be the worst of the pack. Look at the last election…who was the candidate least likely to have fresh ideas to turn this country around in the GOP? John McCain. And that’s who was chosen, a guy who had been in politics forever, flip-flopped, and sounded no different than G W Bush. It was virtually guaranteed that any democrap would win against him, and that’s why the other side put forth their most extreme left guy, because no one would lose against McCain, and they used that advantage to acheive the most extreme left agenda possible.

  • Matt

    shut the hell up says the banks you will vote for one of our puppets. AND LIKE IT……for we have alot of new taxs and wars for you and social welfare cuts and you will all work for 5.75 an hour..

  • Matt

    I should of said at the all will work for 5.75 hr even if you have 500,000 dollars in college debt.

  • Mike

    Elections are corrupt, the working man has no say. Politicians are all bought and paid for. Romney is the “chosen” one by the GOP and will be selected regardless of how the primaries play out.

  • MountainHome

    I agree, get the money out of politics, but how? Every politician and wannabe politician wants the money so they are not going to stop the flow of money.

  • William

    Ah, the “plan” is coming together wonderfully. It has been in the works for over two centuries.

  • Aurelius 7

    When is someone going to point out the companies in the music industry that are paying one cent to manufacture a CD and sell it for $17 in stores? What about the sellers of e-books who are ripping people off for $50 a copy? What about the cost of $5 per gallon of milk? What about General Electric, Obama’s major donator, not paying anything in taxes for 2010 and earning billions in profit? What about Google that saved over $1 billion in taxes last year because of international accounting tricks? You won’t see that on Obama’s government media complex news networks.

    You can fool some people all of the time. You can fool all the people some of the time. But you can’t fool everyone all of the time.

    Wake up, you’re political prostitutes being pointed the direction to vent your anger the Marxist-liberals caused (through social engineering via ruining your job prospects) like the rest of the useful idiots in those socialist flea bagger “Occupy” events.

    • Michael

      I think I came down pretty hard on the Occupy movement the other day. Didn’t you see that article?


      • Aurelius 7

        Yes, I read the article — and I even left a comment. My comment was intended for the general audience regarding everyone always and only going after the big evil banks or big evil oil. This is part of the crowd I mentioned who is just having their pure hatred directed towards the political opposition by the same people who put them in that state of mind. That was my point, but people wouldn’t know that with a portion you conveniently edited out.

    • Steve

      Although I agree, you seem to simplify. First, the cost to manufacture a CD is 1 cent? How about all the costs, the artists get their cut, producers, marketing, PR firm & all the engineers. These make up about 75% of the cost. The rest (and bigget cut) does go to the record company though…



    I have been waiting for quite a while for an article of this caliber to make its way to your site. I saw this segment, and incidentally, Ratigan stopped short of saying the presidency was bought and paid for, seeing as how MSNBC is in the tank for the Obama White House. But it is great that you went the extra mile in so stating that the presidency (regardless of party) of the asylum states of amerika is bought and paid for.


    Keep beating this drum. Urging people to disavow themselves of the two party straight-jacket by not voting for the “lesser of two evils” will only help people, not hurt them. Anyone who thinks that a knight on a white horse dressed as a republican or democrat is going to come to the rescue is seriously delusional and sealing their own doom. Michael, continue to strongly urge people to stop voting for either wing of the war party, it has not now nor will it ever change anything for the better.

    • Michael

      Yes, it is so sad what has happened to us.

      We are supposed to be the “model” for the world.


  • Virginia

    Now the statement “too big to fail” becomes clearly understood. Wall Steet is the life line of the political candidate selection process. Americans need to see these statistics in bold on Occupy Wall Street posters. Mitt will undoubtedly be the GOP candidate in 2012 but will he be able to win the presidency? Obama just gave seniors a 3.5% COLA increase. They undoubtedly are in his camp now. The GOP want to abolish social security and definitely do not want to raise the taxes of the wealthy. Obama is on the war path now.

    • jackieR

      I am a senior. And the cola increase was given over 2 yrs ago. I have no intention to re-elect Obama.

  • United We Stand For Prosperity

    Somebody needs to ask pointed questions to the banksters top choice about masshealth, you know, the testbed program for obamacare. It’s no benevolent program, that’s for sure. Masshealth identification number kicks in the estate recovery unit targeting 55 and older and under 55 the institutionalized. That is, with masshealth aka medicaid, the estate recovery unit goes to probate to go after deceased assets. Doesn’t matter if the deceased paid into the system all their working lives. Do they do that in countries where health care is a given for all? Like Canada or Sweden? I truly would like to know if Canada’s health care scheme swoops in after death to lay claim to the deceased assets.
    Next, someone needs to ask the banksters top choice about financially penalizing people who are too poor to buy private health insurance. Cagey employers able to provide private health Insurance know the loopholes, keep em part-timers to avoid having to offer a employer provided health care plan or offer it at such a high price 50% or more of wages goes towards purchase of health insurance that covers next to nothing. This, in effect forces people to sign up for ronmeycare or pay a penalty if you don’t regardless of whether or not you can afford it!
    It always looked like to me that it’s a scheme to benefit the insurance companies, after all they call the shots in price in premiums and what’s covered and what isn’t.
    The stress of this health care scheme is enough to make you sick.
    Do the poor people who come here from poor countries realize that so-called free health care will keep them and their families poor? No, the majority don’t, they’re not told in so many words to make it clear as a bell and they don’t read the fine print. Oh, buyer beware! Caveat emptor! And most people who have masshealth don’t know either till the wolves are knocking at the probate door for their families blood.
    Y’all might not get what Gary2 has been yelling from the rooftops, tax the rich hard, but I do. While taxing the rich hard probably isn’t the answer, I get his message loud and clear, the huge disparity, inequality between the rich and the poor designed to stay that way. It is as if the rich like it like that, keep the poor down generation after generation and indebted. Go talk to them they’ll tell you the minute they raise themselves one penny ahead in the game. benefits are cut off driving them back down again.Tell me now how someone making the average wallymart wage can afford the forced purchase of healthcare insurance premiums and deductibles, along with housing expenses and all else associated with the basic staff of life.
    The answer lies in living wages. It lives through cost controls for the basic necessities of life. While there is nothing inherently wrong with capitalism, in concept it’s a good thing allowing a person to profit and harvest the fruits of his own labor, but what has happened is a thing gone to extremes with apparantly no checks and balances in place. What we are experiencing now is capitalism run amock, wild-eyed with greed, at the expense of human suffering. And it is oh- so very wrong.

    • Guido

      You were soooo close to the answer, but you missed it at a fundamental level. The real problem here is GOVERNMENT.
      GOVERNMENT is the source of the problems you lament.
      Capitalism is not the problem, but it has been regulated and squished and smashed and abused by an over-powerful fedgov. They created the regulations, the very system you don’t think is fair or just. Their welfare programs are the ones that aren’t helping. Who created the rules for the broken health care system you lament? Government. Who screwed up our economy? Government.

      It is government that created these problems, that killed the Golden Goose of America’s economy, and that the Left would convince you is the cure to the problem.

  • Schu Montgomery

    Mitt is the more popular of the field. And, just because he has a lot of money doesnt necessarily taint the process. He also is getting 80 % of his 3rd quarter dollars from $250 or less supporters. I don’t get the unruly Wall Street influence peddling indictment. Politicians are always going to get different levels of money from special interests.
    What is the net result? I don’t care, as long as the President is PRO LIFE and restores the Right to Life, the most important issue of our time. Obama has killed innocent babies thru his policies…George Bush saved babies and their mothers. Think about it….

  • Dave

    Why are you focused only on Wall Street? There are plenty of other institutions attempting to buy the next election – labor unions, special interest groups, attorneys, physicians, pharma companies, etc.

  • “Why are you focused only on Wall St?”

    End the ‘Fed’.

    The ‘Fed’ is on Wall St.


  • Guido

    I’m a Republican, but I really don’t like Romney. He pretty much lost me when he got called out for his absurd lie about being a life-long hunter 4 years ago.

    He could be the greatest guy in the world-but I hate it when politicians try to use the 2nd Amendment as a prop. I remember when Bush Sr. signed up for a lifetime NRA subscription before his election, then dumped it later. I also think he’s another “compassionate conservative” a’la Bush and ready to spend more and more of our money to prove he loves us. Debt be damned! That’s not what we need. His state healthcare is floundering and no one is calling him on it.

    Everything else aside, I don’t know what it is about Romney, but he creeps me out. He really is a creepy guy. That smile he gets on his face when he’s talking to someone… I swear it’s not in his eyes.

    I don’t really care what he says-I don’t believe politicians’ comments matter much, especially in debates. To me, a debate isn’t really about your ideas, but how you look saying them. It’s a popularity contest and it has been ever since TV viewers decided Kennedy was the clear winner over Nixon 40 years ago. And that’s a real shame because Newt can out-argue and out-think Romney any day of the week, no matter how many skeletons he has in the closet. In that respect, Romney isn’t all that different from Obama-he’s a stuffed shirt and a pretty face and that’s about it.

    I knew Romney was the establishment candidate from the start and it really disgusts me because I don’t think he’s a conservative. I don’t think the issue is decided yet and we haven’t had an opportunity to really figure out what makes him and the other candidates tick, but the media is happy to pre-select him for us. Just knowing the big money is looking to back him is sufficient to turn me against him. Just knowing the press wants him is sufficient to turn me against him. If Romney is elected next year, I don’t think he’s going to be any different from Obama. Meet the new boss, same as the old boss.

    Does anyone else get the feeling he already knows he’s going to win?

    If the Blue Bloods do manage to force Romney down our throat next year, I am seriously considering voting for Obama, instead. I know it won’t really change anything, and it goes against everything I believe in, but I don’t want to vote for Romney strongly enough to vote for the other guy. I wonder if anyone else feels the same way?

    He just bothers me. I just feel like there’s something not right about him…

  • Robert Boyet

    Hey Dave, why not focus on Wall Street? It is interesting to she how Obama, the friend of “Occupy Wall Street” was and is financed by Wall Street. And yes, I would like to see the stats on who some of the other institutions are supporting as well.

  • vancouver mark

    I am stunned by Schu Montgomery and any others who somehow consider George W as being a “pro-life” politician. is that some sort of sick joke?? Is there any leader in the past fifty years who has been responsible for the deaths and, yes, the abortions of so many babies?
    “Right to life, the most important issue of our time” indeed.

    Bush, just like Obama, is decidedly Anti-Life, and clearly Anti-Christ.

    Wake up Schu!!

  • It goes to show you that big money has an unfair advantage in the election cycle. Until real campaign finance reform is instituted, it is highly unlikely that we the people will change the political landscape. We need to continue to pressure Congress to change the campaign finance laws. To continue upon this same path will only cause the same fiscal insanity in favoring the big banks (bailouts, tarp, and stimulus)over the wishes of the people.

  • This is quite interesting:

    From (February 17th, 2008):

    “There is no means of avoiding the final collapse of a boom brought about by credit (debt) expansion. The alternative is only whether the crisis should come sooner as the result of a voluntary abandonment of further credit (debt) expansion, or later as a final and total catastrophe of the currency system involved.”
    — Ludwig von Mises, Human Action (1949)

    “The morons who seized control of America after killing JFK have botched everything so badly that there is no way back not involving extensive pain and deprivation, at a minimum. And they certainly will not cede the power they have stolen from us peacefully. More likely: bloodshed and death far in excess of that seen during America’s first Civil War… per capita!”

    “Though I foresee a last-ditch effort to discredit Obama and thereby get the guy inaugurated whom our self-chosen masters really want – McCain – I predict that Barack Obama will be the next American President.”

    “Because America quite obviously is finished, it simply no longer matters who gets elected President.”

    “Once the very picture of success, in one generation America has gone from being the World’s largest creditor to its largest debtor. Money we do not have is spent to prop up some foreigners, particularly Israel ($30 billion dollars explicitly outlined in Bush’s 2009 budget, with billions more flowing both privately and off the public record), and kill others, primarily Israel’s enemies in the Middle East.”

    “None have said it better than David Rockefeller, himself, founder of the Trilateral Commission, a Bilderberg member and board member of the Council On Foreign Relations in his Memoirs: “Some even believe we are part of a secret cabal working against the best interests of the United States, characterizing my family and me as ‘internationalists’ and of conspiring with others around the world to build a more integrated global political and economic structure-one world, if you will. If that’s the charge, I stand guilty, and I am proud of it.”

    “Depression II and World War III are coming. In fact, I believe that history will record that both already have begun. For my complete take on both, as well as their causes, please see my book, Defensive Racism. In addition to the coming unpleasantry of war and economic apocalypse, add the likelihood of global disease pandemics, both natural and man-made, which will result in the globalists’ desired population reduction. I foresee a 20-80% population decline throughout, concentrated primarily in the poorer sections of the World.”

    “I see things ramping up ever-more-quickly from here, with things reaching a fever pitch no later than 2012. In fact, it could all be over rather quickly if global thermonuclear war develops, as I think likely, but with a mop-up period of abject misery that lasts for generations.”

  • It was ok 4bama but not romney