The Party of Fat-Cats

It has been announced that the new National Security Adviser appointed by President Barack H. Obama is Tom Donilon. It comes as no surprise to me that a president would appoint his cronies to administration positions, and Mr. Donilon does have national security experience in multiple administrations. So an appointment like this comes as no surprise to me. In all honesty, I have no personal objection to it; as I indicated, Washington politics are all about favoritism.


But let’s clear up one BIG MYTH, shall we? The myth is that the Democrat party rejects the influence of Big Business – the party that stands for and with the “regular American.” As a Senator and presidential candidate, Mr. Obama railed against the lobbyist culture that controlled politics and promised to end “business as usual” in Washington politics. With this in mind, let’s take a quick look at Mr. Donilon’s involvement in the Democrat’s new Washington.

In 2006, Mr. Donilon oversaw the office from which Fannie Mae lobbyists used their ties to politicians in an effort to prevent increased federal oversight of the mortgage giant. In 2009, it was reported that Mr. Donilon “earned $3.9 million [in 2008] as a partner at the law firm of O'Melveny & Myers LLP, where his clients include Citigroup, Inc., Goldman, Sachs & Co., and Obama fundraiser and heiress Penny Pritzker.”

The Democrat party, with its ties to Big Business, Big Media, and Big Entertainment, bears very little resemblance to the mainstream Americans it claims to protect.

Let’s bust the myth that the Democrat party has no ties with Wall Street. The Democrat party includes plenty of Fat-Cats.