American Principles SuperPAC Announces Obama/Corzine/MF Global Newspaper Ad Buy.
The full-page ads highlight the close political ties between Barack Obama and ousted MF Global Chairman & CEO Jon Corzine, one of Obama’s biggest campaign bundlers and someone who President Obama proudly referred to as “Our Man on Wall Street.”
October 31, 2012 will mark the one-year anniversary of the shocking discovery that – on Corzine’s watch – more than $1.5 billion was looted from the segregated accounts of thousands of MF Global customers, including many Midwest farmers and ranchers. The downfall of MF Global was the eighth largest bankruptcy in U.S. history and biggest commodity market regulatory failure ever. Moreover, this collapse is unprecedented in the 160-year record of commodity futures trading in the U.S.
Corzine – the former head of Goldman Sachs, U.S. Senator (D-NJ), and New Jersey Governor (D) – was President Obama’s #1 political contribution bundler on Wall Street during the 2008 campaign. Even after the Corzine’s MF Global debacle, he continued to raise $500,000+ in the first quarter of 2012. Previously, as Chairman of the Democratic Senatorial Campaign Committee, Corzine helped Barack Obama get elected to the Senate in 2004. In addition to his bundling activities, Corzine has reportedly contributed more than $5 million of his personal fortune to Democratic candidates since 1984.
American Principles SuperPAC’s message is clear. While President Obama has engaged in class warfare and railed against “Wall Street Fat Cats”, the reality is that one of his closest “Wall Street Fat Cat” cronies is in fact getting a pass from the DOJ in what could, once fully investigated, prove to be among the most widespread frauds – and at the very least regulatory failures – in history.
DOWNLOAD A PDF VERSION of the Full-page Ad (Iowa Version).