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portlander23

(2,078 posts)
Wed Oct 28, 2015, 08:24 AM Oct 2015

People for Bernie, Wall Street and Other Big Money Interests for Hillary

People for Bernie, Wall Street and Other Big Money Interests for Hillary
Ben Spielberg
Huffington Post



As the chart shows, Clinton actually leads all Republican candidates in contributions from this industry. She has received over 40 times more money than Sanders has from individuals associated with Wall Street.

Candidates receive considerably more financial support from Super PACs than from individual donations, but Clinton ranks among the Republicans in this category, too. Jeb Bush, Ted Cruz, and Marco Rubio outpace her (Bush by a considerable margin), but Clinton's $20.3 million in Super PAC money is exactly $20.3 million more than Sanders has received. While it's not clear how much of any candidate's Super PAC money comes from Wall Street, and while I suspect that Clinton Super PAC donors George Soros and S. Donald Sussman are more amenable to basic regulations than their fellow billionaire hedge fund managers who donate to Republicans, it seems plausible that, if Hillary Clinton becomes President, Wall Street might expect a few favors. And that's before even discussing the lavish speaking fees she receives from the industry and its donations to the Clinton foundation.



I find it especially hard to understand the belief that Clinton will be "tough on Wall Street" in the context of what she touted during the debate:

I represented Wall Street, as a senator from New York, and I went to Wall Street in December of 2007 -- before the big crash that we had -- and I basically said, "cut it out! Quit foreclosing on homes! Quit engaging in these kinds of speculative behaviors."


Related:

Hillary Clinton, Jeb Bush Still Favorites of Wall Street Banks

Lobbyist: Hillary Clinton will become Mrs. Wall Street if she’s elected

Colbert: Clinton to Banks- Cut it out!

MATT TAIBBI: Hillary Clinton's Take on Banks Won't Hold Up

Robert Scheer: Go Ahead, Back Hillary Clinton and Forget All About Her Record

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People for Bernie, Wall Street and Other Big Money Interests for Hillary (Original Post) portlander23 Oct 2015 OP
I am for Hillary and I am people. This Bernie is for the people meme is worn out! upaloopa Oct 2015 #1
Well, the game is in play. FarPoint Oct 2015 #2
I suppose portlander23 Oct 2015 #3
If we can regain Congress... FarPoint Oct 2015 #4
I don't disagree portlander23 Oct 2015 #6
I agree as well. FarPoint Oct 2015 #7
If she prevails portlander23 Oct 2015 #9
Donations to the candidate who is most qualified is a smart move. Thinkingabout Oct 2015 #5
So what you're saying is, something north of 53% of Dems aren't people. MohRokTah Oct 2015 #8
She has over 600,000 small donors. And she broke fundraising records. JaneyVee Oct 2015 #10

FarPoint

(12,293 posts)
2. Well, the game is in play.
Wed Oct 28, 2015, 08:27 AM
Oct 2015

Until we stop Citizen United and megga campaign donation, we have to use all resources to win....If we focus also on regaining control of Congress, then changes could occur.

So, I'm glad Hillary has these connections. Ideals are goals, not reality.

 

portlander23

(2,078 posts)
3. I suppose
Wed Oct 28, 2015, 08:29 AM
Oct 2015

Ends justifies the means sometimes. Let's just hope when it comes to Wall Street her view of "the ends" are good for working people ...

 

portlander23

(2,078 posts)
6. I don't disagree
Wed Oct 28, 2015, 08:34 AM
Oct 2015

About retaining control. What I don't want is another third way administration that's the "liberal" face dismantling what remains of the New Deal like we had in the 90s.

FarPoint

(12,293 posts)
7. I agree as well.
Wed Oct 28, 2015, 08:39 AM
Oct 2015

The game is a foot... So, heck, we could regain Congress in 2016....then we could fight the big money.

 

portlander23

(2,078 posts)
9. If she prevails
Wed Oct 28, 2015, 08:44 AM
Oct 2015

I don't think Mrs. Clinton will seriously fight against the people who put her in office.

Thinkingabout

(30,058 posts)
5. Donations to the candidate who is most qualified is a smart move.
Wed Oct 28, 2015, 08:33 AM
Oct 2015

They are making the smart move, thanks for pointing out smart moves.

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