Here is a local story,
out of the Chicago Sun, that will not make the national news cycle
but is as significant as any campaign news "alert."
Like it or not, if the business community is not happy, the nation
is not happy. "Trickle down" is easy to ridicule, for
dummies that is, but the fact remains that business generates most of our
national wealth and all our private sector jobs. Understand that spending
is not "wealth," neither is debt or paid public service.
Wealth is generated out of profit and only in the private sector.
Obama is not rich because we taxpayers pay his salary. He is rich
because he sold a couple of books. Last year, Obama
announced that he would raise a billion dollars for his campaign. In
that statement, he predicted the election would be about
money, not his failed record.
Conclusion: his record remains an abysmal failure
and Romney is doing just fine, when it come to raising
money.
Four years ago, hedge fund manager Ken Griffin
was impressed enough with Barack Obama that he invited him to speak to his
employees and helped raise $50,000 to $100,000 for his presidential run.
Griffin also hedged his bets by raising a similar amount for Republican John
McCain.But this year, Griffin — ranked by Forbes as
Chicago’s fifth-richest man — and his wife Anne, a French-born hedge fund
manager herself, are all in with Republican presidential candidate Mitt Romney,
telling friends and interviewers they think Romney will better manage the
economy.They co-sponsored a $3.3 million fund-raiser
on Obama’s home turf at the Pump Room Thursday night and have emerged as among
the nation’s most generous donors to pro-Romney or anti-Obama SuperPACs.“There are a number of Barack Obama
fund-raiser types from four years ago that have come over now to help with Mitt
Romney,” Illinois State Treasurer Dan Rutherford said outside the Pump Room
fund-raiser for Romney Thursday. “We’ve had time to see what an Obama White
House would be, and it’s not quite what some people thought it would be. People
see Romney and say, ‘Here’s a businessman who’s got experience’ … I think we’re
finding a number of people willing to pony up.”Inside the fund-raiser, Romney told those who
had ponied up between $2,500 and $75,000, “The American people, whether they
like [Obama] or don’t like him, recognize he’s over his head, and it’s time to
put into the White House somebody who knows how to get this economy going, and
I do, and I will.” Griffin gave more than $1 million to Restore
Our Future, the pro-Romney SuperPAC, since last December. The Griffins have
given another $1 million to American Crossroads, Karl Rove’s GOP-allied SuperPAC,
since last August. They have given to the Koch Brothers’s Americans for
Prosperity.
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