There never was that “giant sucking sound” that Ross Perot had warned about during his quixotic presidential campaign in 1992—the sound that manufacturing jobs would make as they headed south to Mexico if NAFTA were ratified. Turns out, he was wrong. The jobs went south silently, and not in one fell swoop either, but gradually. However, yesterday in San Francisco, there was a giant sucking sound. It wasn’t from jobs going south, but from money going east. Lots of it. And in one fell swoop. President Obama was in town, fundraising.