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Obama’s Inauguration Has Been Financed Partially by Bailed-Out Wall Street Executives

Posted By admin On January 20, 2009 @ 5:04 am In Money Watch | Comments Disabled

cryptogon.com [1]
Tuesday, Jan 20, 2009

Change.

Via: ABC: [2]

The country is in the middle of the worst economic downturn since the Great Depression, which isn’t stopping rich donors and the government from spending $170 million, or more, on the inauguration of Barack Obama.

But there are plenty of rich donors willing to pick up the tab.

“They are not the $20 and $50 donors who helped propel Obama through Election Day,” said Massie Ritsch, communications director for the Center for Responsive Politics. “These are people giving mostly $50,000 apiece. They tend to be corporate executives, celebrities, the elite of the elite.”

(Article continues below)

Obama’s Inauguration Has Been Financed Partially by Bailed Out Wall Street Executives  161008pptv1 [3]

The biggest group of donors were none other than the recently bailed-out Wall Street executives and employees.

“The finance sector is well represented, despite its recent troubles,” Ritsch said. “Those who worked in finance still managed to pull together nearly $7 million for the inauguration.”

The donors will get some of the best seats in the house for the inauguration, as well as admittance to some of the best balls and other events.


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URLs in this post:

[1] cryptogon.com: http://cryptogon.com/?p=6322

[2] ABC:: http://abcnews.go.com/Business/Inauguration/Story?id=6665946&page=1

[3] Image: http://www.prisonplanet.tv/subscribe.html

[4] Wall Street Executives Made $3 Billion Before Crisis: http://www.prisonplanet.com/wall-street-executives-made-3-billion-before-crisis.html

[5] Experts Agree: War On Terror Is A Racket, CIA And Wall Street Are Financed By Global Drug Trade: http://www.prisonplanet.com/experts-agree-war-on-terror-is-a-racket-cia-and-wall-street-are-financed-by-global-drug-trade.html

[6] Wall Street Puppet Obama Sympathizes With Anti-Wall Street Protests: http://www.prisonplanet.com/wall-street-puppet-obama-sympathizes-with-anti-wall-street-protests.html

[7] Security fears as four million people expected to attend Obama’s inauguration: http://www.prisonplanet.com/security-fears-as-four-million-people-expected-to-attend-obamas-inauguration.html

[8] Banker-Owned Obama Considers Corporate Sponsorship of Second Inauguration: http://www.prisonplanet.com/banker-owned-obama-considers-corporate-sponsorship-of-second-inauguration.html

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