Obama’s Job Creation

President Obama’s and his Liberals’ Porkulus, commonly referred to as The Stimulus Package, has largely failed to create jobs in America and had to be rebranded by the White House as a jobs saving effort. Likewise, both the mythical “Green Jobs” and the upcoming “Jobs Bill” will not actually create jobs.

On the other hand, President Obama and the Liberals trying to rule Congress have caused a sudden and dramatic increase in one sector of the American economy – the lobbyists!

The financial sector hired 2567 lobbyists in 2009 and, in the first three quarters of the year, spent over $336 million lobbying Congress. The US Chamber of Commerce hired 127 lobbyists and paid them $52 million through September 2009.

Consumer Watchdog

That’s a fair amount of commerce going on there with almost $400 million changing hands in three fiscal quarters, and that’s just in lobbying for the financial sector; it doesn’t include the number of jobs created for lobbyists for other sectors of the economy and other interest groups.

See, President Obama and his Liberals can create jobs. 😉

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Big Money Donors

In what passes for common wisdom among the Left, the big money donors to politicians are those “evil” corporations that “not-so-secretly run America” and the Republican party is their well-paid tool. This is axiomatic among Liberals. It’s a mantra they chant and was one of the major planks of President Obama’s 2008 campaign.

As is not too surprising given their track record in such matters, the Liberals are either wrong or mendacious on both the source of campaign contributions and the breakdown of the recipients thereof. Thankfully for those interested in the truth, OpenSecrets.org has compiled a summary of the 100 all-time top donors from 1989 – 2008 based upon the data released by the Federal Election Commission (FEC) on May 12, 2009. I’ve tabulated the top 25 donors below:

Organization Total Dem % Rep %
AT&T Inc $43,501,240 44% 55%
American Fedn of State, County & Municipal Employees $40,965,173 98% 01%
National Assn of Realtors $35,179,013 48% 51%
Goldman Sachs $31,183,662 64% 35%
Intl Brotherhood of Electrical Workers $30,920,696 97% 02%
American Assn for Justice $30,734,429 90% 09%
National Education Assn $29,908,625 92% 06%
Laborers Union $28,201,600 92% 07%
Service Employees International Union $27,510,257 95% 03%
Teamsters Union $27,402,304 92% 06%
Carpenters & Joiners Union $27,368,258 89% 10%
Communications Workers of America $26,748,746 99% 00%
Citigroup Inc $26,562,905 50% 49%
American Medical Assn $26,213,449 39% 60%
American Federation of Teachers $25,996,071 98% 00%
United Auto Workers $25,767,002 98% 00%
Machinists & Aerospace Workers Union $24,793,477 98% 00%
National Auto Dealers Assn $24,048,808 31% 68%
Altria Group $23,869,891 28% 71%
United Food & Commercial Workers Union $23,742,074 98% 01%
United Parcel Service $23,649,476 36% 63%
American Bankers Assn $21,945,966 41% 58%
National Assn of Home Builders $21,401,355 35% 64%
EMILY’s List $20,984,384 99% 00%
National Beer Wholesalers Assn $20,300,845 31% 68%
Note: percentages of Dem: Rep donations total up to 99% each due to unlisted minor party and independent recipients of campaign donations

In the past 19 years the top 25 donors to political campaigns have given a total of $688,899,706 to politicians’ war chests. $497,435,208 (72.21%) was given to Democrats and $182,961,723 (26.56%) was given to Republicans. So Democrats received almost three times as much in campaign donations from the top 25 donors as the Republicans did during the same 19 years. So much for the Liberals’ dogma that the GOP is the party who’s “bought and paid for.”

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