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Obama Aligning with Wall Street Protesters?

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    President's comments, campaign strategy

  • Duration 2:31
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Criticism of congressional Republicans dovetails.

With the growing protest movement against the financial sector chief Washington correspondent James Rosen reports it all fits in.

With what we may see a lot of in twenty -- They're -- -- Wall Street.

Do whatever it wants.

President Obama faces no certified Republican opponent yet but the incumbents basic argument against the GOP is already finally home.

And was on display even during his dedication of the memorial honoring Martin Luther King.

If you were alive today I believe you would remind us that.

The unemployed worker can rightly challenged the excesses of Wall Street without demonizing all who work there.

That'll -- reference to occupy Wall Street marked the president's latest tacit endorsement of the protest.

Which have -- 800 arrests in New York City alone for the chief executive who wants blasted fat cat bankers and who enacted reams of new regulations on the financial services sector.

-- WS is an offer He can't refuse.

I don't think He has the luxury of simply letting -- sitting back and letting this movement developed without a winding itself in some way with its underlying sentiment.

Spell and yet Barack Obama in 2008 according to the Sunlight Foundation raked in more campaign cash from Wall Street.

And any politician of the last twenty years including more than a million from Goldman Sachs and its various armed undaunted Obama's targets are busily painting Mitt Romney has Wall Street's -- I don't think any American has impressed when they see governor around -- and all the Republican candidates have the first thing they do is roll back.

Wall Street reforms and go back to where we were before the crisis President Obama said -- He didn't turn around the economy in three years He would be a one term president countered -- spokeswoman -- did show.

When that didn't work their strategy was to -- Mitt Romney to past policies.

Then it was kill -- and the strategy of personal destruction now they've signaled their new strategy is to go after Wall Street reform.

But that strategy is not without -- for the president.

He needs to energize his base.

Wall reaching out to and regain the support -- substantial portion of the pool of independents who supported -- so strongly in 2008.

But who are leaning in the other direction right now and so He can't go too far.

Early fundraising totals show governor Romney easily outpacing the president in cash raised from visible Wall Street sources like Goldman Sachs.

But the records also show the president's campaign in the Democratic National Committee -- spend close to ninety million dollars this year.

But -- what all of his GOP rivals have raised combined -- on this of the penalty.

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