Moore: “Wall Street Has Their Man And His Name Is Barack Obama”

Editor's Note: While I don't agree with everything Michael Moore says, I do agree with his comments on Obama and Wall Street in this article.

Real Clear Politics
December 7, 2011

MICHAEL MOORE, ON CNN: Well, “The Washington post” three weeks ago had this investigation and they said that President Obama has now raised more money from Wall Street and the banks for this election cycle than all — than all eight Republicans combined. I don’t want to say that, because if that’s the truth, that Wall Street already has their man and his name is Barack Obama, then we’ve got a much bigger problem.

But I think President Obama, if he were here in the room, the question I would ask him is why are they your number one contributors? Why are you taking this money?

MORGAN: It’s fascinating to find out why they’re doing it. I’ll ask him.

MOORE: What are they expecting in return in the second term from you? Right now, here’s what we do know. Goldman Sachs was your number one contributor the 2008 election. And we have not seen anyone from Goldman Sachs go to jail. We have not seen the regulations, Glass/Steagall, put back on to Wall Street now three years after the crash.

Why hasn’t that happened? President Obama, we the people need you to take them by the throat and say, damn it, this is the United States of America; you don’t steal from the working people of this country. And this is the way it’s going to be.