Obama hit the trail today to counter the “socialism” tag Joe the Plumber and the McCain campaign have placed on him. Unfortunately its a major gaffe and only Fox seems to care.
Obama told a Richmond crowd that McCain wasn’t fighting for Joe the plumber but Joe the hedge fund manager … but there’s a problem … the hedge funds back Obama. Ooops!
The numbers for Obama:
For The 2008 Election, Barack Obama Is The Number One Recipient Of Money From The Hedge Fund Industry With $1,026,497 In Contributions; John McCain Has Only Received $573,150.
Then this from the NY Times
Mr. Obama’s hedge fund contributors include: John Griffin, the founder of Blue Ridge Capital, who made $625 million in 2007, according to Alpha. Mr. Griffin is backing Mr. Obama after initially supporting Mitt Romney. Kenneth C. Griffin (no relation) of the Citadel Investment Group in Chicago, who earned $1.5 billion. He contributed to the Obama campaign after the senator came to his office last year. Stephen Mandel of Lone Pine Capital, who took home $710 million last year. And, of course, George Soros, who earned almost $3 billion last year.