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MelissaB

(16,420 posts)
Thu Jul 18, 2019, 03:23 PM Jul 2019

Wall Street firms, not Kentuckians, are leading Mitch McConnell's campaign donations

#KYSen - Between April and June, the biggest blocks of contributions to Sen. Mitch McConnell's reelection campaign came from two global financial services firms based in New York




Wall Street firms, not Kentuckians, are leading Mitch McConnell's campaign donations

FRANKFORT — Boosted by big bundles of Wall Street contributions, Senate Majority Leader Mitch McConnell's reelection committee took in more than $3 million during the recent quarter that ended June 30.

The biggest blocks of contributions during the period came from two global financial services firms based in New York: 29 people with Blackstone Group made contributions totaling $95,400; and 14 executives of KKR & Co. are listed as giving a combined $51,000.

The report, filed late Monday with the Federal Election Commission, illustrates McConnell's continuing ability to draw big contributions from business interests across the country.

Only about 9% of the itemized contributions listed in his recent report come from Kentucky donors, according to an analysis by the Washington-based Center for Responsive Politics. That analysis said McConnell got more money during the quarter from New York and Texas.

More: https://www.courier-journal.com/story/news/politics/2019/07/17/mitch-mcconnell-reelection-campaign-wall-street-firms-donate-money/1745611001/


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Wall Street firms, not Kentuckians, are leading Mitch McConnell's campaign donations (Original Post) MelissaB Jul 2019 OP
Gee, I'm surprised. trev Jul 2019 #1
and I don't really think the Kentucky people really give a shit, they keep voting him in. a kennedy Jul 2019 #2
To be fair, he represents Wall Street interests far more than he does the people of Kentucky. Yavin4 Jul 2019 #3
exactly! Hermit-The-Prog Jul 2019 #4
He's always been funded quid pro quo by big donors with Hortensis Jul 2019 #5
I dare say a lot of republican senators get most of their campaign money not from the states... SWBTATTReg Jul 2019 #6

trev

(1,480 posts)
1. Gee, I'm surprised.
Thu Jul 18, 2019, 03:43 PM
Jul 2019

Kentuckians are good people. They seem to dislike McConnell (he has a 50% disapproval rating, the highest in the Senate), and McGrath polls very well. Hopefully, this will translate into kicking him out.

https://ijr.com/poll-mitch-mcconnell-most-unpopular-senator-country/

Yavin4

(35,445 posts)
3. To be fair, he represents Wall Street interests far more than he does the people of Kentucky.
Thu Jul 18, 2019, 04:18 PM
Jul 2019

And Wall Street is getting huge returns on their paltry investments.

Hortensis

(58,785 posts)
5. He's always been funded quid pro quo by big donors with
Thu Jul 18, 2019, 04:30 PM
Jul 2019

whom he has very longstanding mutually beneficial relationships. He's been the man in DC for Chinese billionaires ever since he helped avoid having sanctions placed on China after the Tienanmen Square incident. They want his influence, he wants the power their money has helped him build. He even married the daughter of one of them.

I've read that he gets reelected by burying opponents under a mountain of swiftboating paid for by his donors -- however much is needed to kill them off and protect the influence he's been selling for decades. To Russia now as well.

The stories of his intense corruption and victimization of residents of KY and other states on behalf of energy companies in particular are sickeningly shocking. Hard to believe residents of KY are that stupid for so long. They of course like being represented by such a powerful figure, but I think it would be very foolish not to suspect his associates have expanded as needed to other techniques of assuring his relections by now. He's become beyond extremely valuable to them, including Russia.

SWBTATTReg

(22,156 posts)
6. I dare say a lot of republican senators get most of their campaign money not from the states...
Thu Jul 18, 2019, 05:36 PM
Jul 2019

they represent, but from outside business interests.

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