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Wall Street Bankers And Investors Fund New Media Platform For Gov. Bob McDonnell’s SOTU Response

By Lee Fang  

"Wall Street Bankers And Investors Fund New Media Platform For Gov. Bob McDonnell’s SOTU Response"

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Gov. Bob McDonnell (R-VA) will give the Republican response to President Obama’s State of the Union response tonight. For his speech, McDonnell has prepared an elaborate rally in the Virginia House of Delegates, a website, a live webcast of the event, a live twitter feed, and other social media tools. The online platform to broadcast the speech was launched this morning at “soturesponse.com.”

The website, as well as the rally, is funded by McDonnell’s political action committee, Opportunity Virginia PAC. According to disclosures provided by the Virginia Public Access Project, the vast majority of the money for the PAC has been provided by the financial industry:

Bob McDonnell PAC contributions

When McDonnell opposes Obama’s proposed efforts break up big banks, regulate the financial sector, and impose a financial responsibility fee to financial institutions which helped cause the current recession, it should be noted that the very industry McDonnell is fighting to defend underwrote the platform on which he is speaking, both virtually and in Richmond.

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