Sunday, May 6, 2012

JOBS for BLACK AMERICANS UNDER OBAMA? NOPE! THE JOBS ALL GO TO ILLEGALS! SO DOES OBAMACARE, DREAM ACTS, OPEN BORDERS, AMNESTY or continued NON-ENFORCEMENT!


January 19, 2010

Op-Ed Columnist

Blacks in Retreat


It has been easy for people to forget in the decades since we lost the Rev. Dr. Martin Luther King Jr. that he was a passionate fighter for economic justice as well as civil rights. The two goals were as closely linked as the hydrogen and oxygen atoms in water.

The historic gathering in 1963 at which Dr. King delivered his famous “I Have a Dream” speech was officially called the March on Washington for Jobs and Freedom.

And when Dr. King was murdered in Memphis in 1968, he had gone there to support sanitation workers who were striking for higher wages and better working conditions.

Jobs and freedom. In America, you can’t have one without the other. Democrats are in deep trouble right now — just a year after their giddy celebration of Barack Obama’s ascendance to the presidency — because so many millions of Americans are out of work, unable to find the gainful employment that would unlock the door to a stable future for themselves and their families.

The president and his party may be obsessed with health care, but unemployed and underemployed Americans want a job. Why this has been so hard for the Democrats to realize, I can’t say.

As the nation continues to wallow in the trough of widespread unemployment, black Americans are bearing a disproportionate burden of the joblessness. The election of a black president may have been important to African-Americans for myriad reasons, but it hasn’t done much for their bottom line, which continues to deteriorate.

For example, without a dramatic new intervention by the federal government, the poverty rate for African-American children could eventually approach a heart-stopping 50 percent, according to analysts at the Economic Policy Institute. Already more than a third of black children are living in poverty.

Present trends are not good. Communities of color are being crushed economically and the national news media have not fully focused on the carnage. The official unemployment rate for blacks is 16.2 percent and could well pass 17 percent before the year is out. The real jobless rate is far more ghastly. The Boston-based group United for a Fair Economy noted that even “college-educated black men are nearly twice as likely to be unemployed as their white, college-educated counterparts.”

In some poor neighborhoods, a man or woman with a traditional full-time job is the exception, not the rule. In five Midwestern states — Nebraska, Minnesota, Iowa, Wisconsin and Oklahoma — the jobless rate for blacks is at least three times as high as that for whites.

Some decades ago, you would have heard a sustained outcry against such dire conditions among blacks, and there would have been loud demands for policy changes designed to bring more black Americans into the economic mainstream. You don’t hear much of that now. Too many so-called black leaders are much more interested in invitations to the White House and positive profiles in mainstream publications than in raising any kind of ruckus that might benefit people in real trouble.

What the politicians and today’s civil rights types won’t tell you is that we’re looking ahead to many long decades of grief and strife in America’s black communities because of our failure to respond effectively to the horrendous impact of the Great Recession and the policies that led up to it. Black Americans are going backward economically, and right now no one is stepping up to stop the retreat.

United for a Fair Economy, in its latest “State of the Dream” report, which is released annually around the time of Dr. King’s birthday, is urging Congress and the president to identify communities with the highest unemployment rates and develop specific job-creation initiatives for them.

That kind of targeted effort is desperately needed, but don’t hold your breath. There is precious little sentiment for programs that would provide real help to communities trapped in the nightmarish depths of this downturn, whether the residents are mostly black, mostly white, mostly Hispanic, or whatever.

Speaking about one of his many antipoverty initiatives, Dr. King told Look magazine in 1968: “We called our demonstration a campaign for jobs and income because we felt that the economic question was the most crucial that black people, and poor people generally, were confronting.”

That was then. The loudest voices against poverty and economic injustice of all kinds have long since faded. The government, reclining comfortably on a vast cushion of campaign contributions, has allied itself with big business and the big banks against the interests of ordinary Americans. Millions upon millions of families are suffering, but mostly in silence.

We honor Dr. King with a national holiday, but his long campaign for economic justice has been all but forgotten.

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Is This Our America Anymore?

 Buried in the Oct. 30 Washington Post was a bland headline: "Report Points to Faster Recovery in Jobs for Immigrants."

The story, however, contained social dynamite that explains the rage of Americans who are smeared as nativists and xenophobes for demanding a timeout on immigration.

In the April-May-June quarter, foreign-born workers in the U.S. gained 656,000 jobs. And native-born Americans lost 1.2 million.

From July 1, 2009, to June 30, 2010, foreign-born Hispanics gained 98,000 construction jobs. Native-born Hispanics lost 133,000. Black and white U.S. construction workers lost 511,000 jobs.

According to the Center for Immigration Studies, from Jan. 1, 2000, to Jan. 1, 2010, 13.1 million immigrants, legal and illegal, entered the United States, a decade in which America lost 1 million jobs.

From 2008 and 2009, the figures are startling. In 24 months, 2.4 million immigrants, legal and illegal, arrived, as U.S. citizens were losing 8.6 million jobs.

Query: Why are we importing a million-plus workers a year when 17 million Americans can't find work? Whose country is this?

Why do we not declare a moratorium on all immigration, until our unemployment rate falls to 6 or 5 percent? Charity begins at home. Ought we not take care of our own jobless first before we invite in strangers to take their jobs?

According to the Pew Hispanic Center, each year between 300,000 and 400,000 "anchor babies" are born to illegal aliens. These newborns are entitled to citizenship, free health care and education, welfare and food stamps

Their parents -- almost all are poor or working class -- rarely pay any state or federal income tax.

How long can we keep granting citizenship and full social welfare benefits to the children of people who break our laws and break into our country or overstay their visas? How long can we keep bringing in workers to take jobs when our unemployment rate hovers around 10 percent?

Again, according to the Pew Center, the number of anchor babies here now is about 4 million. Add to that 3 million to 4 million born each decade, and it will not be long before Colorado, Nevada, Arizona and Texas resemble California, which is on the brink of default.

If no action is taken, the Republican Party will soon be unable, even in wave elections, to win the presidency, as it won nothing and indeed lost state legislative seats in California in 2010.

The border will disappear, and America will be a geographical expression, not a country anymore.

Legal scholar William Quirk describes a new phenomenon in the invasion of America: "maternity tourism." Pregnant Asian women pay $15,000 to agents to ensure they are in the United States when their child is born so that they can return home secure in the knowledge he or she will be a U.S. citizen with the right to a U.S.-taxpayer subsidized education in college.

Though the nation has awakened to the threat to social cohesion and national solvency, Harry Reid is still attempting to ram through a lame-duck Senate an amnesty for illegal aliens up to age 30 who claim they were brought here before they were 16, have a high school diploma or GED and state that they intend to go to college within six years.

An estimated 2.1 million illegal aliens would be amnestied, put on a path to citizenship, and be eligible for student loans and more.

According to Alabama's Jeff Sessions, ranking Republican on the Senate Judiciary Committee:

"Aliens granted amnesty by the DREAM Act will have the legal right to petition for entry of their family members, including their adult brothers and sisters and the parents who illegally brought or sent them to the United States, once they become naturalized U.S. citizens. In less than a decade, this reality could easily double or triple the 2.1 million green cards that will be immediately distributed as a result of the DREAM Act."

Lawbreaking would be rewarded. Chain migration would continue. A permanent powerful magnet would be provided to all foreigners to sneak into the United States and be sure to bring the kids.

As Rep. Dana Rohrabacher argues, one effect of the DREAM Act will be to move illegals applying to college ahead of many Americans, as 80 percent of illegals are Hispanics and eligible for affirmative action.

U.S. soldiers coming home from Afghanistan will "sit in back," as Obama puts it, when competing against amnestied illegals.

Several days ago, UCLA's Kent Wong addressed a pro-amnesty rally in Los Angeles' MacArthur Park. Wong turned the race card face up.

When Reid's bill passes, said Wong, "the young people of the DREAM Act movement will go on to accomplish and do great things. ... You will go on to become lawyers, teachers, doctors and members of the U.S. Congress to replace those old white men ... ."

If the DREAM Act passes, Wong is right about whose time has come and gone. May the tea party take names at the call of the roll.

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Obama soft on illegals enforcement




Arrests of illegal immigrant workers have dropped precipitously under President Obama, according to figures released Wednesday. Criminal arrests, administrative arrests, indictments and convictions of illegal immigrants at work sites all fell by more than 50 percent from fiscal 2008 to fiscal 2009.

The figures show that Mr. Obama has made good on his pledge to shift enforcement away from going after illegal immigrant workers themselves - but at the expense of Americans' jobs, said Rep. Lamar Smith of Texas, the Republican who compiled the numbers from the Department of Homeland Security's U.S. Immigration and Customs Enforcement agency (ICE). Mr. Smith, the top Republican on the House Judiciary Committee, said a period of economic turmoil is the wrong time to be cutting enforcement and letting illegal immigrants take jobs that Americans otherwise would hold.

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THE ENTIRE REASON THE BORDERS ARE LEFT OPEN IS TO CUT WAGES!





“We could cut unemployment in half simply by reclaiming the jobs taken by illegal workers,” said Representative Lamar Smith of Texas, co-chairman of the Reclaim American Jobs Caucus. “President Obama is on the wrong side of the American people on immigration. The president should support policies that help citizens and legal immigrants find the jobs they need and deserve rather than fail to enforce immigration laws.”

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OBAMA, LA RAZA PARTY DEM FOR BANKSTERS AND THE RICH… American middle class gets the bills for all their crimes!

“President Obama’s summit with US corporate chiefs on Wednesday was a shameless display of the complete subordination of the administration to big business. In the midst of the worst jobs crisis since the Great Depression, with millions losing their homes and falling into poverty, Obama met for five hours behind closed doors to reassure the leaders of 20 major corporations of his unquestioning support, while plotting new initiatives to boost profits and reduce working class living standards.”



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“The corporate elite, having been bailed out to the tune of trillions of dollars, wants more. Two years after the Wall Street crash, it is cracking the whip on its political representatives more imperiously than ever. In Obama, it has a president who is eager to please.”

OBAMA HAS SABOTAGED E-VERIFY AND PUT HILDA SOLIS, A LA RAZA SUPREMACIST IN AS SEC of (illegal) LABOR!

The economy, like everything else adverse, is someone else's fault. But if only we borrowed and spent a trillion dollars, unemployment would stay beneath 8%, Obama promised. It soared far above. It's still above. No apology. No acknowledgment. Now, he hails any dip as proof of progress when, in fact, it comes because so many just give up seeking work.


THE ENTIRE REASON THE BORDERS ARE LEFT OPEN IS TO CUT WAGES!



“We could cut unemployment in half simply by reclaiming the jobs taken by illegal workers,” said Representative Lamar Smith of Texas, co-chairman of the Reclaim American Jobs Caucus. “President Obama is on the wrong side of the American people on immigration. The president should support policies that help citizens and legal immigrants find the jobs they need and deserve rather than fail to enforce immigration laws.”



OBAMA HAS PROMISED HIS CRIMINAL BANKSTER DONORS THEIR JOBS WILL BE PROTECTED AND THEY WILL NEVER BE PROSECUTED FOR THEIR CRIMES…



OTHER THAN HIS OWN JOB, OBAMA HAS PROMISED ILLEGALS OUR JOBS, NO E-VERIFY, OPEN & UNDEFENDED BORDERS TO EXPAND THE MEX OCCUPATION, GRINGO-PAID DREAM ACTS, NO ID MAY BE REQUIRED OF ILLEGALS VOTING, LAWSUITS AGAINST AMERICAN STATES ON BEHALF OF HIS LA RAZA PARTY BASE OF MEXICAN FASCIST.



CAN WE AFFORD 49 MORE MEXIFORNIA’S? THAT STATE IS A MEX GANG INFESTED DUMPSTER! THE STATE HAS THE LARGEST AND MOST EXPENSIVE  PRISON SYSTEM IN THE NATION. HALF THE INMATES ARE MEXICANS! THE CA ATTORNEY GEN KAMALA HARRIS DECLARES THAT HALF THE MURDERS IN CA ARE BY MEX GANGS! THE STATE PAYS OUT $20 BILLION PER YEAR IN WELFARE TO ILLEGALS! ON TOP OF THAT COUNTIES HAND THEM MORE TO BREED ANCHOR BABIES. L.A. COUNTY PAYS OUT $600 MILLION PER YEAR IN WELFARE TO ILLEGALS…. NEXT TO DRUGS AND CRIMINALS, MEXICO’S BIGGEST EXPORT IS PREGNANT WOMEN!

Obama soft on illegals enforcement




Arrests of illegal immigrant workers have dropped precipitously under President Obama, according to figures released Wednesday. Criminal arrests, administrative arrests, indictments and convictions of illegal immigrants at work sites all fell by more than 50 percent from fiscal 2008 to fiscal 2009.

The figures show that Mr. Obama has made good on his pledge to shift enforcement away from going after illegal immigrant workers themselves - but at the expense of Americans' jobs, said Rep. Lamar Smith of Texas, the Republican who compiled the numbers from the Department of Homeland Security's U.S. Immigration and Customs Enforcement agency (ICE). Mr. Smith, the top Republican on the House Judiciary Committee, said a period of economic turmoil is the wrong time to be cutting enforcement and letting illegal immigrants take jobs that Americans otherwise would hold.

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MOST OF THE FORTUNE 500 ARE GENEROUS DONORS TO LA RAZA – THE MEXICAN FASCIST POLITICAL PARTY. THESE FIGURES ARE DATED. CNN CALCULATES THAT WAGES ARE DEPRESSED $300 - $400 BILLION PER YEAR!

“The principal beneficiaries of our current immigration policy are affluent Americans who hire immigrants at substandard wages for low-end work. Harvard economist George Borjas estimates that American workers lose $190 billion annually in depressed wages caused by the constant flooding of the labor market at the low-wage end.” Christian Science Monitor

THE ENTIRE REASON THE BORDERS ARE LEFT OPEN IS TO CUT WAGES!



"We could cut unemployment in half simply by reclaiming the jobs taken by illegal workers," said Representative Lamar Smith of Texas, co-chairman of the Reclaim American Jobs Caucus. "President Obama is on the wrong side of the American people on immigration. The president should support policies that help citizens and legal immigrants find the jobs they need and deserve rather than fail to enforce immigration laws."



FROM JUDICIAL WATCH org

Illegal Immigration

Today, between eight and fourteen million illegal aliens reside in the United States, draining our nation’s economy, while presenting a security threat to the people of the United States. Public officials have not only repeatedly failed to protect our borders from this illegal alien invasion, but they have also been complicit in the effort to undermine our nation’s immigration laws.

Judicial Watch has an active investigation into the Obama administration’s policies and actions on immigration. For instance, Judicial Watch had uncovered documents indicating collusion between the Department of Justice and the American Civil Liberties Union with respect to legal challenges of Arizona’s SB 1070. Recently, Judicial Watch obtained documents revealing that administration officials misled Congress regarding the scope of deportation dismissals in Houston, Texas. Additional documents were obtained that detail a behind-the-scenes effort by the administration to suspend deportation proceedings against “DREAM” Act aliens and other illegal immigrants. Judicial Watch also routinely obtains smuggling statistics and has revealed details of a shocking sex slave trafficking operation in Houston, Texas.



FAIRUS.org

The Administration's Phantom Immigration Enforcement Policy

According to DHS’s own reports, very little of our nation’s borders (Southwestern or otherwise) are secure, and gaining control is not even a goal of the department.

By Ira Mehlman
Published on 12/07/2009
Townhall.com

The setting was not quite the flight deck of the U.S.S. Abraham Lincoln with a “Mission Accomplished” banner as the backdrop, but it was the next best thing. Speaking at the Center for American Progress (CAP) on Nov. 13, Homeland Security Secretary Janet Napolitano declared victory over illegal immigration and announced that the Obama administration is ready to move forward with a mass amnesty for the millions of illegal aliens already living in the United States.

Arguing the Obama administration’s case for amnesty, Napolitano laid out what she described as the “three-legged stool” for immigration reform. As the administration views it, immigration reform must include “a commitment to serious and effective enforcement, improved legal flows for families and workers, and a firm but fair way to deal with those who are already here.”

Acknowledging that a lack of confidence in the government’s ability and commitment to effectively enforce the immigration laws it passes proved to be the Waterloo of previous efforts to gain amnesty for illegal aliens, Napolitano was quick to reassure the American public that those concerns could be put to rest.

“For starters, the security of the Southwest border has been transformed from where it was in 2007,” stated the secretary. Not only is the border locked up tight, she continued, but the situation is well in-hand in the interior of the country as well. “We’ve also shown that the government is serious and strategic in its approach to enforcement by making changes in how we enforce the law in the interior of the country and at worksites…Furthermore, we’ve transformed worksite enforcement to truly address the demand side of illegal immigration.”

If Rep. Joe Wilson had been in attendance to hear Secretary Napolitano’s CAP speech he might well have had a few choice comments to offer. But since he wasn’t, we will have to rely on the Department of Homeland Security’s own data to assess the veracity of Napolitano’s claims.

According to DHS’s own reports, very little of our nation’s borders (Southwestern or otherwise) are secure, and gaining control is not even a goal of the department. DHS claims to have “effective control” over just 894 miles of border. That’s 894 out of 8,607 miles they are charged with protecting. As for the other 7,713 miles? DHS’s stated border security goal for FY 2010 is the same 894 miles.

The administration’s strategic approach to interior and worksite enforcement is just as chimerical as its strategy at the border, unless one considers shuffling paper to be a strategy. DHS data, released November 18, show that administrative arrests of immigration law violators fell by 68 percent between 2008 and 2009. The department also carried out 60 percent fewer arrests for criminal violations of immigration laws, 58 percent fewer criminal indictments, and won 63 percent fewer convictions.

While the official unemployment rate has climbed from 7.6 percent when President Obama took office in January to 10 percent today, the administration’s worksite enforcement strategy has amounted to a bureaucratic game of musical chairs. The administration has all but ended worksite enforcement actions and replaced them with paperwork audits. When the audits determine that illegal aliens are on the payroll, employers are given the opportunity to fire them with little or no adverse consequence to the company, while no action is taken to remove the illegal workers from the country. The illegal workers simply acquire a new set of fraudulent documents and move on to the next employer seeking workers willing to accept substandard wages.

In Janet Napolitano’s alternative reality a mere 10 percent of our borders under “effective control” and sharp declines in arrests and prosecutions of immigration lawbreakers may be construed as confidence builders, but it is hard to imagine that the American public is going to see it that way. If anything, the administration’s record has left the public less confident that promises of future immigration enforcement would be worth the government paper they’re printed on.

As Americans scrutinize the administration’s plans to overhaul immigration policy, they are likely to find little in the “three-legged stool” being offered that they like or trust. The first leg – enforcement – the administration has all but sawed off. The second – increased admissions of extended family members and workers – makes little sense with some 25 million Americans either unemployed or relegated to part-time work. And the third – amnesty for millions of illegal aliens – is anathema to their sense of justice and fair play.

As Americans well know, declaring “Mission Accomplished” and actually accomplishing a mission are two completely different things. When it comes to enforcing immigration laws, the only message the public is receiving from this administration is “Mission Aborted.”

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MEXICANOCCUPATION.blogspot.com

Obama soft on illegals enforcement




Arrests of illegal immigrant workers have dropped precipitously under President Obama, according to figures released Wednesday. Criminal arrests, administrative arrests, indictments and convictions of illegal immigrants at work sites all fell by more than 50 percent from fiscal 2008 to fiscal 2009.

The figures show that Mr. Obama has made good on his pledge to shift enforcement away from going after illegal immigrant workers themselves - but at the expense of Americans' jobs, said Rep. Lamar Smith of Texas, the Republican who compiled the numbers from the Department of Homeland Security's U.S. Immigration and Customs Enforcement agency (ICE). Mr. Smith, the top Republican on the House Judiciary Committee, said a period of economic turmoil is the wrong time to be cutting enforcement and letting illegal immigrants take jobs that Americans otherwise would hold.

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Here is the Department of Homeland Security's Hotline for reporting suspected illegal employees and employers: 866-347-2423 (YOU MAY BE WASTING YOUR TIME HERE. HISPANDERING OBAMA SELECTED LA RAZA JANET NAPOLITANO TO HEAD “HOMELAND SECURITY = PATHWAY TO CITIZENSHIP” FOR OPEN AND UNDEFENDED BORDERS)

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Shaping up to be the most corrupt
administration in American history:

  • Obama’s team: Not the “best of the Washington insiders,” as the liberal media style them, but rather, a dysfunctional and dangerous conglomerate of business-as-usual cronies and hacks
  • In the first two weeks alone of his infant administration, Obama had made no fewer than 17 exceptions to his “no-lobbyist” rule
  • Why the fact that the massive infusion of union dues into his campaign treasury didn’t trouble him in the least reveals Obama’s credibility as a reformer
  • The lack of unprecedented pace of withdrawals and botched appointments -- and how getting through the confirmation process was no guarantee of ethical cleanliness or competence, even as Obama’s cheerleaders were glorifying the Greatest Transition in World History
  • Inconsistency: How Obama, erstwhile critic of the campaign finance practice known as “bundling,” happily accepted more than $350,000 in bundled contributions from billionaire hedge-fund managers
  • How Obama broke his transparency pledge with the very first bill he signed into law -- helping make hostility to transparency is a running thread through Obama’s cabinet
  • Michelle Obama: Beneath the cultured pearls, sleeveless designer dresses, and eyelashes applied by her full-time makeup artist, is a hardball Chicago politico
  • Joe Biden: It’s not just that he lies, it’s that he lies so well that you think he really believes the stuff he makes up
  • Treasury Secretary Geithner: His ineptness and epic blundering -- including how he nearly caused the collapse of the dollar in international trade with a single remark
  • The appalling story of Technology Czar Vivek Kundra, the convicted shoplifter in charge of the entire federal government’s information security infrastructure
  • Obama’s “Porker of the Month” Transportation Secretary, Roy LaHood: An earmark-addicted influence peddler born and raised on the politics of pay-to-play
  • SEIU: Responsible for installing a cabal of hand-chosen officers who exploited their cash-infused fiefdoms for personal gain and presided over rigged elections -- in the process, becoming all that they had professed to stand against as representatives of the downtrodden worker
  • How Obama lied on his “Fight the Smears” campaign website when he claimed that he “never organized with ACORN”
  • ACORN: How the profound threat the group poses is not merely ideological or economic -- it’s electoral
  • ACORN’s own internal review of shady money transfers among its web of affiliates: How it underscores concerns that conservatives have long raised about the organization
  • Liar, liar, pantsuit on fire: How Hillary Clinton has already trampled upon her promise not to let her husband’s financial dealings sway her decisions as Secretary of State
  • How even a few principled progressives are finally beginning to question the cult of Obama -- even as Obama sycophants in the mainstream media continue to celebrate his “hipness” and “swagga”





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ARE AMAZED AT HOW UTTERLY BRAZEN THESE CORPORATE OWNED POLITICIANS ARE?

GET THIS BOOK!

Culture of Corruption: Obama and His Team of Tax Cheats, Crooks, and Cronies

by Michelle Malkin

Editorial Reviews

In her shocking new book, Malkin digs deep into the records of President Obama's staff, revealing corrupt dealings, questionable pasts, and abuses of power throughout his administration.

From the Inside Flap

The era of hope and change is dead....and it only took six months in office to kill it.

Never has an administration taken office with more inflated expectations of turning Washington around. Never have a media-anointed American Idol and his entourage fallen so fast and hard. In her latest investigative tour de force, New York Times bestselling author Michelle Malkin delivers a powerful, damning, and comprehensive indictment of the culture of corruption that surrounds Team Obama's brazen tax evaders, Wall Street cronies, petty crooks, slum lords, and business-as-usual influence peddlers. In Culture of Corruption, Malkin reveals:

* Why nepotism beneficiaries First Lady Michelle Obama and Vice President Joe Biden are Team Obama's biggest liberal hypocrites--bashing the corporate world and influence-peddling industries from which they and their relatives have benefited mightily

* What secrets the ethics-deficient members of Obama's cabinet--including Hillary Clinton--are trying to hide

* Why the Obama White House has more power-hungry, unaccountable "czars" than any other administration

* How Team Obama's first one hundred days of appointments became a litany of embarrassments as would-be appointee after would-be appointee was exposed as a tax cheat or had to withdraw for other reasons

* How Obama's old ACORN and union cronies have squandered millions of taxpayer dollars and dues money to enrich themselves and expand their power

* How Obama's Wall Street money men and corporate lobbyists are ruining the economy and helping their friends In Culture of Corruption, Michelle Malkin lays bare the Obama administration's seamy underside that the liberal media would rather keep hidden.



           Publisher: Regnery Publishing (July 27, 2009)

           Language: English

           ISBN-10: 1596981091

           ISBN-13: 978-1596981096



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WHAT DID THE BANKSTERS KNOW ABOUT OUR ACTOR OBAMA THAT WE DIDN’T KNOW?

Records show that four out of Obama's top five contributors are employees of financial industry giants - Goldman Sachs ($571,330), UBS AG ($364,806), JPMorgan Chase ($362,207) and Citigroup ($358,054).

BARACK OBAMA HAS COLLECTED NEARLY TWICE AS MUCH MONEY AS JOHN McCAIN

BY DAVID SALTONSTALL

DAILY NEWS SENIOR CORRESPONDENT

July 1st 2008

Wall Street firms have chipped in more than $9 million to Barack Obama. Zurga/Bloomberg

Wall Street is investing heavily in Barack Obama.



Although the Democratic presidential hopeful has vowed to raise capital gains and corporate taxes, financial industry bigs have contributed almost twice as much to Obama as to GOP rival John McCain, a Daily News analysis of campaign records shows.






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