Just to add a little context to Obama’s fiery anti-Wall Street populism, the Daily Caller reminds us that his 2008 campaign took more cash from Wall Street than any other president during the past two decades:
In 2008, Wall Street’s largesse accounted for 20 percent of Obama’s total take, according to Reuters.
When asked by the Daily Caller to comment about President Obama’s credibility when it comes to criticizing Wall Street, the White House declined to reply.
The hypocrisy doesn’t end there. While Obama’s been blasting Bank of America during media appearances, he’s failed to mention that he is the bank’s favorite candidate of the past 20 years:
In fact, the Sunlight Foundation, a nonpartisan watchdog group that tracks lobbyist spending and influence in both parties, found that President Obama has received more money from Bank of America than any other candidate dating back to 1991.
The saddest aspect of this story is that the president gets away with saying things like this at press conferences like this, without the media calling him out on something as simple and straightforward as his contradictory campaign donations.