Wall Street still supports Obama

 An article in the Daily Beast is titled "Why Wall Street Is Grudgingly Supporting Obama." Many rich bankers and financiers do not at all like the rhetoric coming from Obama but by the same token many are still writing checks for his re-election campaign.
   The Democratic campaign is raking in more dough than ever 42 million in the fourth quarter of last year. Nevertheless many bankers and investors who helped bankroll Obama's resounding victory are unhappy campers. Obama has been pushing for higher taxes on the rich in contrast to the Republicans. However leftists will point out that Obama bailed out banks that were called too big to fail and did not attempt to break them up.
    On the other hand many on Wall Street are far from supporting fervent evangelical Christians who might turn the Republican Party in a very right wing social conservative direction. The religion of Wall Street is profits. But many on Wall Street dislike Obama rhetoric about income inequality. The last thing the capitalist establishment wants is a campaign based upon some concept of class war.
  Last campaign employees of Goldman Sachs donated more to the Obama campaign than any other company. During the spring and summer of 2007 Obama raised 7.7 from the financial sector while Romney took in only 5.1 million. This time Romney is registering a nearly 8 million dollar take while Obama is reduced to 4.2 million. But as the example shows both parties are funded by big finance. Obama's stock has just plunged because of his nasty rhetoric.