Records show that the Obama For America campaign fund is now $20.5 Million dollars in debt. In order to stem the spurting flow of blood, OFA took a $15 million dollar loan from those evil bankers at Bank of America (going by the rhetoric, I’m shocked those evil financiers didn’t trick OFA into buying homes they couldn’t afford while they were at it).
But then, why wouldn’t Obama’s cronies go to Bank of America? I mean, Obama pal, Warren Buffett, Obama donor and namesake of the infamous “Buffett Rule,” invested $5 billion in Bank of America last year in an effort to help the ailing financial institution.
In addition, The bank contributed $20 million toward the cost of the Democrat National Convention earlier this year.
So, a little payback was due, I guess.
Too bad that two weeks after OFA took out the loan, Bank of America announced a plan that would lay off 16,000 workers by the end of the year. Think if Bank of America put that $20 million towards its employees instead of the Democratic Party, some of those poor schmucks may still have a job?
But that seems about right considering that Obama has the Fecal Touch-everything he touches turns to crap.
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