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Over 600,000 People Donate to Obama Campaign

Over the last three months over 600,000 Americans have donated to the Obama campaign for his 2012 reelection. The Obama campaign raised a total of $42.8 million for the quarter. The average donation to the President was just $56 (indicating most of his donations are from average Americans rather than the super rich.)

Over half of that $42.8 million was raised by donors who donated less than $200 ($22 million.)

In comparison; the leading Republican fundraiser, Mitt Romney, raises only 6% of his campaign donates from small donors.

Romney hasn’t released his numbers for the most recent quarter yet, but for the previous quarter he raised $18.3 million (according to this story he won’t reach that total for the 3rd quarter.)

Even though Romney has raised far less money than Obama overall (from far less contributors) he has raised more Wall Street money than the President ($2.3 million versus $857,000.)

Update

That over 600,000 # is only for the past three months. Overall a total of 982,967 Americans have donated to President Obama’s reelection campaign.

I Am Not Moving

Occupy Wall Street Viewed Favorably By Most Americans

It should be unsurprising that Occupy Wall Street is viewed favorably by most Americans since they are representing the interests of 99% of us.

According to this new poll 54% of Americans view the movement favorably vs. only 23% who do not. Only 23% say they have no opinion of the movement which shows how quickly it has spread despite the corporate media’s initial attempts to ignore it.

Angry At The Right People

As economist Paul Krugman wrote: “we may, at long last, be seeing the rise of a popular movement that, unlike the Tea Party, is angry at the right people.”

The Occupy Wall Street movement is angry at the destructive forces of Wall Street that wrecked our economy and who haven’t paid any kind of price for it while millions of Americans have lost their savings and/or their jobs.

They are angry at an economic system that works only for the super rich while leaving the rest of the country behind. Over the last 30 years of “trickle down economics” the only people who have truly benefited are those at the top 1%, the other 99% have seen very little growth.

Not Just About The Poor & The Jobless

Some people misunderstand Occupy Wall Street (those in that 23% who disapprove of the movement.) They have been fooled by corporate media/right wing politicians into thinking that it’s just about “lazy poor people.” But it’s really not. It’s about the other 99% of us who are not among the super rich who benefit from the corrupt status quo.

For example, according to professor Paul Buchheit upper middle class families would be making, on average, $12,500 more per year if they had the same share of the economic wealth as they did in 1980 (before the disaster known as “Reaganonics” or “trickle down economics.”)

This is a very important point. Right wing economic policies only benefit the very rich. They do not benefit even the upper middle class! When right wing politicians and corporate media try to turn this into a middle class vs. poor/working class thing they are selling a lie. This is about economic fairness for everyone, not just the poor & working class, but for the middle class and even the upper middle class too!

We’re all on the same side here: We are the 99%. Whether you are jobless, working class, middle class, or even upper middle class: Occupy Wall Street represents your interests.

And as Warren Buffet proves, some of those who are in the 1% understand that a society that works only for their benefit is doomed to fail in the long run. Occupy Wall Street is not about demonizing individuals (unless, perhaps, they deserve it), it’s about an entire system that is corrupt.

A system that says corporations are people.

A system that allows Warren Buffet to get taxed at a lower rate than his secretary (and then has a political party stand in the way of rectifying that problem despite overwhelming popular support.)

A system that allows people to work full time and yet be paid such a low wage that they are still living in poverty without basic necessities such as health insurance.

A system that leads to high unemployment and a political party that would prefer to play politics rather than to do something about it.

A system that allows banks to get “too big to fail.”

Simply put; a system that works wonderfully for the top 1% while failing miserably for everyone else.

Herman Cain Leads Latest Republican Polling

Palin. Huckabee. Trump. Bachmann. Romney. Perry. Cain?

Yes, according to this new national PPP poll Herman “I don’t have facts to back this up” Cain is the latest in the long line of “flavor of the month” Republican front-runners for the 2012 GOP nomination.

Who’s next? Newt Gingrich? Or will Herman Cain actually hold onto his front-runner status unlike previous Tea Party flavor of the months like Donald Trump, Michele Bachmann, & Rick Perry?

PPP GOP Poll

Herman Cain 30%
Mitt Romney 22%
Newt Gingrich 15%
Rick Perry 14%
Michele Bachmann 5%
Ron Paul 5%
Jon Huntsman 2%
Rick Santorum 1%
Gary Johnson <1%

Besides Cain's surge the most surprising thing about this poll to me is Newt Gingrich's resurgence. It wasn't that long ago that he had pretty terrible numbers (mostly due to Gingrich speaking negatively about the Paul Ryan medicare destroying budget.)

Right now it seems entirely possible that after the Cain train inevitably derails (as he’s quite obviously not Presidential material) that Newt Gingrich could emerge as the next anti-Romney candidate to take over front-runner status.

Republicans Block The American Jobs Act

Yesterday the Republicans in the Senate blocked the President’s American Jobs Act (which would create 1.9 million new American jobs according to economists.) The GOP voted against even allowing continued debate of the bill by using the filibuster.

Not a single Republican voted for more American jobs. It’s obvious that the Republican Party cares far more about political victories than about improving America. The Republicans are tanking this economy on purpose because they believe that can fool people into believing it’s Obama’s fault.

According to a new NBC/WSJ poll a solid majority of Americans (63%) support the American Jobs Act. Only 32% are opposed.

In response to the GOP blocking his jobs bill, President Obama says he won’t take no for an answer and he will continue to fight for more jobs for Americans:

Last Night’s Republican Debate

While the 99% are occupying Wall Street, the Republicans running for President want to give the super rich even more tax breaks and more free reign to get rich off of the suffering of average Americans.

7 Biggest Economic Lies

Economist Robert Reich refutes the 7 biggest economic lies:

Marines at Occupy Wall Street

These marine vets talks about why they are taking part in Occupy Wall Street and they have a strong (NSFW) message for Sean Hannity about his ridiculous claim that Occupy Wall Street protesters are somehow “Un-American.”

Alan Grayson on Occupy Wall Street

Alan Grayson brilliantly sums up the core of the Occupy Wall Street movement on Bill Maher’s Real Time last night:

Occupy Wall Street on Kickstarter

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