Does Obama Favor Big Corporations?
Many counted Barack Obama’s support from the leaders of major corporations as a thread of confidence that his policies would help spur economic growth; that business leaders had confidence in Obama’s “spend for prosperity” approach. The Obama campaign officially barred corporate donors (though Federal law prohibits corporations from contributing to campaigns), but many corporate leaders donated directly and bundled contributions from others in an effort to pump millions of dollars into the Obama coffers.
Donors included individuals and bundlers from Goldman Sachs, Google, Microsoft, Citigroup, IBM and JP Morgan Chase. It seems that many at these corporations believed on election day that Obama’s policies were best for them.
Indeed, I am certain that Obama’s policies are preferable to major corporations. Let’s take a look at his policies, found on his election website, the AFL-CIO and from Factcheck.org:Read More »