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Obama Snubbed By Wall Street Democrats

From the New York Post:

Cold $houlder for O

June 24, 2011

President Obama hit the Big Apple last night hoping to score a fund-raising hat trick for his re-election campaign — but he faced lackluster donors tired of being taken for granted and some pointed no-shows by prominent Wall Streeters.

"The Democratic business-donor community is demoralized," a Democratic fund-raiser told The Post before the three cash-currying events Obama was attending in Manhattan over a three-hour span. "There’s not the level of enthusiasm or excitement. They don’t believe he’s interested in what they have to say."

Among those feeling burned by Obama are financial execs sick of being demonized by the White House and made a scapegoat for the nation’s economic woes.

The problem is even bankers have feelings. Even ‘fat cats’ get tired of being blamed by Democrats for damage that was actually caused by official Democrat policies.

Although Obama raked in lots of cash last night from a dinner at the Upper East Side restaurant Daniel — where about 70 hedge-funders and other deep pocketed donors forked over $35,800 a head — it was big-time execs turning down the invitation who raised eyebrows.

Both JPMorgan Chase chief Jamie Dimon and Citigroup boss Vikram Pandit had made it clear they would not attend the event, which was closed to the press.

Also planning to skip the event were Blackstone Group President Tony James and its top real-estate exec, Jonathan Gray; Morgan Stanley CEO James Gorman and its president, Greg Fleming; and Goldman Sachs President Gary Cohn

Obama — last night addressing the bankers he once derided as "fat cats" — joked about his dwindling popularity among them.

"I know that it’s not going to be exactly the same as when I was young and vibrant and new," he said. "Let’s face it, it was cool to support me back then [in 2008] . . . Now I’m sort of old news."

Mr. Obama seems to be missing the point. The problem is not that he is old news. The problem is he is bad news.

Appropriately, Obama closed the curtain on his New York visit on the Great White Way, speaking at a special performance of the Broadway show "Sister Act."

The Democratic National Committee rented the theater — to the dismay of show-goers who had purchased tickets for last night’s performance and were not told in advance they’d have to exchange them for another date

What disdain ‘the party of the little guy’ has for the little guy.

This article was posted by Steve on Friday, June 24th, 2011. Comments are currently closed.

6 Responses to “Obama Snubbed By Wall Street Democrats”

  1. Mithrandir says:

    Maybe…….the people who didn’t show up, WERE BUSY WORKING! You know, a J*O*B*? –instead of constantly vacationing, campaigning, whining, eating fatty foods, and playing golf?

    By G*d, I long for the good ‘ol days of Jimmy Carter over this guy!

  2. proreason says:

    somehow, I have a feeling that Spike will come up with a couple of ways to “persuade” his reluctant Wall Street backers that supporting him is in their best interests.

  3. Liberals Demise says:

    The Big “O” snubbed here and the Manatee snubbed in S.Africa…….man, I’m giddy.

  4. Rusty Shackleford says:

    Even his self-deprecating humor is sickening. It’s not feigned humility, it’s an angry stab and lashing out. Still, 70x$35,800=$2,506,000 Far from the billion his campaign mgrs say they will have….and then there’s all that TRAP money he socked away somewhere for the 2012 campaign to buy/manufacture votes that he’ll really need come crunch time.

    I don’t think he really cares if the evil execs show up as long as he gets the payola.

  5. untrainable says:

    To paraphrase one of our president’s greatest influences… “Obama’s chickens… have come home to roost!!”
    All the badmouthing “O” has done since becoming president is coming back to haunt him in the worst place imaginable. His wallet. Though, with his buddies at the fed it wouldn’t surprise me to find out that someone has devoted an entire wing of the treasury to print folding cash for the re-election campaign. Later the thugs will begin their “protection/collection” rounds and then we’ll see how the “fat cats” react. It’s going to get really dirty after that.

  6. canary says:

    Obama above 36 fundraisers to Bush’s 3 fundraisers for re-election.

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