PRESIDENT OBAMA ON FRIDAY SIGNED an executive order that will help protect veterans from the deceptive practices of some for-profit colleges that seek to take advantage of them. The news was greeted with praise from veterans groups, who have “long felt that student veterans need to have the tools to succeed when it comes to their education.” The American Legion called it “an important victory on behalf of our young servicemembers and veterans who, in seeking to better themselves educationally, have been wrongly and unconscionably victimized by some institutions who see America’s finest as nothing more than a vulnerable market.” — MMFA
#grass roots supporters
MAYBE OBAMA SHOULD HAVE PROMISED TAX CUTS FOR THE WEALTHY TOO?
Obama Campaign Faces Dropoff in Big Donations – With big checks no longer flowing as quickly into his campaign, Mr. Obama is leaning harder on his grass-roots supporters, whose small contributions make up well over half of the money he raised through the end of March, according to reports filed Friday with the Federal Election Commission. And Mr. Obama is asking far more of those large donors still giving, exploiting his joint fund-raising arrangement with the Democratic National Committee to collect five-figure checks from individuals who have already given the maximum $5,000 contribution to his re-election campaign. “They clearly are feeling the pressure,” said one major Obama fund-raiser, who asked for anonymity to characterize his conversations with campaign officials. “They’re behind where they expected to be. You have to factor in $500 million-plus in Republican super PAC money.”
- March fundraising report shows Romney even more dependent on wealthy donors than Barack Obama and George W. Bush in 2004. [Buzzfeed Politics]
#war on the middle class
#millions of dollars
#tax cuts for the wealthy
Source Patrick Chappatte | Via: azspot
Mitt Romney’s rich friends: six months, 200 donors, $30 million to his Super PAC | via: inothernews
Millions of dollars came from financial industry executives, including:
- Bain Capital, who contributed a total of $750,000
- Goldman Sachs senior exectutives, who contributed $385,000
- some of the most prominent and politically active Republicans in the hedge fund world: Robert Mercer of Renaissance Technologies, Paul Singer of Elliott Management, and Julian Robertson of Tiger Management gave $1 million each
- Harlan Crow, the Texas construction magnate, gave $300,000 personally and through his company
- William Koch, whose brothers Charles and David are among the country’s most prominent backers of conservative causes, gave $1 million personally or through Oxbow Carbon, the energy company he founded
- Members of the Walton family, founders of the Walmart chain, gave over $200,000
- Bob Perry — a wealthy home builder who has long been the top patron of Mr. Romney’s erstwhile rival, Gov. Rick Perry of Texas — chipped in $500,000 in early December.
“I’m not concerned with the very poor. We have a safety net there. If it needs repair, I’ll fix it. I’m not concerned about the very rich, they’re doing just fine. I’m concerned about the very heart of the America, the 90 percent, 95 percent of Americans who right now are struggling.” — Mitt Romney on Wednesday, concerned about the middle class — you bet!
Mitt Romney’s rich friends
"I would like to have SuperPACs disappear to tell you the truth … and not have this strange situation where we have people out there who support us, who run ads we don’t like. And by law we’re not allowed to talk to them. I haven’t spoken to any of the people involved in my SuperPAC in months.” —- Mitt Romney during last night’s Fox News Channel debate"