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Does this mean Obama is now representing the interests of "big oil, Wall Street banks, health insurance co..."?

President Obama criticized the Citizens United Supreme Court ruling by basically saying it allowed the major special interest groups to pick and choose who got elected without revealing what they were doing. Now Obama's former campaign aides have created an entity designed to do exactly what Obama criticized the GOP for doing in 2010. Does this mean he has officially given up on "Hope and Change"? http://tpmdc.talkingpointsmemo.com/2011/04/watchdogs-target-new-democratic-super-pacs.php?ref=fpb The two new groups, Priorities USA and Priorities USA Action, were formed by former Obama White House aides Bill Burton and Sean Sweeney to take advantage of the Supreme Court's Citizens United ruling last year and will collect unlimited funds -- with the goal of $100 million -- from corporations and unions. Only one of the two groups will disclose their donors to the Federal Election Commission. The groups aim to mimic the example of Karl Rove's American Crossroads and American Crossroads GPS, the groups that poured tens of millions of dollars in Congressional races to help Republicans win control of the House in 2010. http://www.politico.com/blogs/bensmith/0110/Obama_on_Citizens_United_Stampede_of_special_interest_money.html Obama: "With its ruling today, the Supreme Court has given a green light to a new stampede of special interest money in our politics. It is a major victory for big oil, Wall Street banks, health insurance companies and the other powerful interests that marshal their power every day in Washington to drown out the voices of everyday Americans. This ruling gives the special interests and their lobbyists even more power in Washington — while undermining the influence of average Americans who make small contributions to support their preferred candidates. That's why I am instructing my Administration to get to work immediately with Congress on this issue. We are going to talk with bipartisan Congressional leaders to develop a forceful response to this decision. The public interest requires nothing less. "

Public Comments

  1. Every President represents Wall, Street and the banks. I just wish Obama supporters could get over this delusion and see this. And Republicans need to realize mostly everyone in your party represents, Wall, Street and the banks.
  2. He must play by the existing rules if he is to compete, even if he is not happy about the SCOTUS ruling. In other words, say you were against field goals in football, and worked to change it so that only touchdowns could get points. But the NFL turned your idea down. You would still have your team kick the field goals, anyway, in order to compete. He must take advantage of the special interest financing allowed by the SC if he is to compete, because he knows that the Pubs will be doing it.
  3. Yes Obama has always represented the interests of the big oil companies, the Wall Street banks and the Health Insurance companies. Essentially Obama has used Leftist politics as an excuse to stop oil drilling that prevents new competitors from drilling oil to compete with the big oil companies and forcing prices down The reason that the big oil companies are making so much money is that Obama is keeping the price of oil high by preventing new oil drilling. the big oil companies give Obama millions of dollars to keep oil prices high. Also Obama gave trillions of dollars to the Wall Street Bankers to bail out the Wall Street Bankers. The Wall Street bankers get the money from Obama then we have to pay all of that money back The Wall Street Bankers give Obama millions of dollars. In return Obama gives the Wall Street Bankers Trillions of Dollars of our money. Obama has also forced millions of people to pay far more for mandatory Health Insurance Coverage. This will make hundreds of billions of Dollars for the Health Insurance Companies. In exchange the Health Insurance companies give Obama millions of Dollars Essentially Obama has tricked the Obama sheep into supporting Obama as Obama steals his sheep and the rest of us blind.
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