Republican fundraisers on Wall St shy away from Bush

[RamboLiberal]

http://news.ft.com/cms/s/ce667ab6-f78b-11d8-afe6-00000e2511c8.html

Wall Street's enthusiasm for US President George W. Bush appears to have cooled as the presidential race tightens and concerns grow about foreign policy and fiscal deficits.

Some leading fundraisers of Mr Bush's re-election bid have stopped active campaigning and others privately voice reservations.

The New York financial community is expected to give the Republicans a lavish welcome when the president's party arrives for its national convention next week. Wall Street has been a big contributor to Mr Bush's record-breaking re-election fund. But one senior Wall Street figure, once talked of as a possible Bush cabinet member, said that he and other prominent Republicans had been raising money with increasing reluctance. “Many are doing so with a heavy heart and some not at all.” He cited foreign policy and the ballooning federal deficit as Wall Street Republicans' main concerns.

A Republican in the financial services industry concurs. “Many of them may be maxed out,” he said, referring to campaign contributions that have hit the legal ceiling, “but they are backing away from Bush.”

[mediaman007]

1. Bush* wore out his welcome in 2001

Anyone interested in the long term success of America can't possibly believe that Bush* or his administration is concerned about America 20 years from now.

[sundancekid]

2. ... the worm is definitely turning ... "backing away from Bush"

[Julien Sorel]

3. I know who this guy is,

But one senior Wall Street figure, once talked of as a possible Bush cabinet member, said that he and other prominent Republicans had been raising money with increasing reluctance.

and I've heard rumbles that he is very unhappy with the economy, and feels that Bush swindled him over the Iraq invasion. But when push comes to shove, he's pulling the lever for ole George, I think in part because he doesn't want to admit he was wrong. Some mindsets are almost impossible to change.

[DeepModem Mom]

4. kick