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Obama Asks Wall Street to Slow Donations, Needs Time to Sort the Cash

February 16
05:47 2012
Dear Dirty Newswire



WASHINGTON — President Obama made an informal plea to Wall Street asking them to temporarily slow their donations to his campaign. Barack Obama has raised more money from Wall Street than any other politician over the last 20 years.

“It’s just literally too much cash to keep track of,” the president said, “and I’m asking my primary donors to scale back for a few months to let us get the cash together, get it organized, tucked away, and ready to propel us to a reelection at the end of this year.”

The campaign will have to hire new staffers to handle the abundance of special-interest, big capital donations. The president’s campaign manager, Jim Messina, told reporters that he and the president’s men were focused on priorities, and number one was to safely handle all of the dough.

Obama admitted the Wall Street cash has been flowing in such a rapid and continuous stream since 2008 that his team is now, finally, overwhelmed. “It’s good to get more cash than the other guy,” the president said, referring to his potential GOP rivals, “but I don’t want to lose any of it.” Working with so many zeroes gets messy, he admitted.

Political pundits have been quick to point out that Mitt Romney is now receiving more Wall Street donations than Obama as hedge fund managers and private equity leaders see Romney as one of their own.

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