Wednesday, May 5, 2010

BP Coffers

It seems Obama and the Dems can no longer claim that Republicans are the primary recipients of  "big oil money." Just as we discovered that the Democrats and their leader received almost 70% of Wall Street contributions in the last presidential election compared to the Republicans, we now learn that the Dems take a chunk of change from big oil, too. In 2000, British Petroleum gave almost 39% more to Republicans, but by 2008, the company was giving equally to the parties.

Interestingly, Obama received a total of $77,051 from the company and is "the top recipient of BP Political Action Committee and individual money over the past 20 years, according to financial disclosure records." Of course, Obama denied taking "big oil money" as his representative stated that he "didn’t accept a dime from corporate PACs or federal lobbyists during his presidential campaign," "rolled back tax breaks and giveaways for the oil and gas industry, spearheaded a G20 agreement to phase out fossil fuel subsidies, and made the largest investment in American history in clean energy incentives.”

He can huff and puff as much as he wants, but financial disclosure records don't lie. After this oil spill and the administration's response, the green peacers and environmentalists of the world aren't buying his kabuki dance.

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