CRIMES AND CORRUPTIONS OF THE NEW WORLD ORDER NEWS (mparent7777_1) wrote,
CRIMES AND CORRUPTIONS OF THE NEW WORLD ORDER NEWS
mparent7777_1

Obama Bests McCain Among Bush-Backing Bankers, Drug Companies

By Jonathan D. Salant
Enlarge Image/Details

Aug. 15 (Bloomberg) -- John McCain's presidential campaign lacks the support of several Republican-leaning industries central to President George W. Bush's record-setting fundraising four years ago.

Democrat Barack Obama has captured $9.6 million in donations from employees working for securities, mortgage and drug companies, compared with McCain's $6.6 million. In 2004, people in those industries gave $10.6 million to Bush and $5.4 million to Democratic nominee John Kerry, according to the Center for Responsive Politics, a research group in Washington.

McCain's inability to match Bush's performance in attracting traditional Republican donors illustrates the fundraising gap between the candidates. Obama is seeking to bring in double or triple the $84.1 million in federal funds that McCain will have to spend in the final two months before the Nov. 4 election. In June, Obama declined to accept public financing, which caps his spending at the federal allotment.

--MORE--

Tags: banking, big pharma, economy, obama, wall street
Subscribe
  • Post a new comment

    Error

    default userpic

    Your reply will be screened

    Your IP address will be recorded 

    When you submit the form an invisible reCAPTCHA check will be performed.
    You must follow the Privacy Policy and Google Terms of use.
  • 0 comments