“Yes…I am preparing for war…Just pay attention in the coming months.”
-WALL STREET INSIDER: January 2012 LINK
A recently published article The New Republic outlines the considerable shift of high ranking Wall Street Executives – a group that has historically favored Democrats over Republicans, now working to prevent four more years of economic disaster that is the Obama administration.
“If you’re elected president,” asked one guest, “what will you do to the taxes on the people in this room?” “I’ll raise them,” Obama fired back. “Which I admired,” recalls one of the attendees, Leon Cooperman, head of Omega Advisors. “And half the guys in that room voted for him.”
…Four years later, that bond is broken. The hedge fund community has overwhelmingly shifted its backing to the Republicans: Mitt Romney has so far outraised Obama by a four-to-one ratio among hedge fund employees, pulling in more than $500,000—not to mention the seven-figure checks his super PAC has received from several top fund managers.
… “They hate him now,” says one former Obama administration official.
…Many of his fellow masters of the universe had been snookered by Obama, he argues. Obama’s election “was wonderful for the minority and black population, but in my opinion he’s been the worst president in history.”