2016 Postmortem
Related: About this forum*CLINTON BLASTS WALL STREET BUT STILL DRAWS MILLIONS IN CONTRIBUTIONS*, Washington Post
Last edited Thu Feb 4, 2016, 01:09 PM - Edit history (1)
Through the end of Dec. 2015, financial and insurance donors had given $ 21.4 MILLION for Clinton's 2016 presidential campaign. *FUNDRAISING MILESTONE: "By the end of 2015, she had brought in more money from the financial sectors during her 4 year federal campaigns, than her husband did during his quarter-century political career."
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"Clinton Blasts Wall Street But Still Draws Millions in Contributions", Washington Post, Feb. 4, 2016.
Even as Hillary Clinton has stepped up her rhetorical assault on Wall Street, her campaign and allied super PACs have continued to rake in millions from the financial sector, a sign of her deep and lasting relationships with banking and investment titans. Through the end of December, donors at hedge funds, banks, insurance companies and other financial-services firms had given at least $21.4 million to support Clintons 2016 presidential run more than one of every 10 dollars of the $157.8 million contributed to back her bid, according to an analysis of Federal Election Commission filings by The Washington Post.
The contributions helped Clinton reach a fundraising milestone: By the end of 2015, she had brought in more money from the financial sector during her four federal campaigns than her husband did during his quarter-century political career. In all, donors from Wall Street and other financial-services firms have given $44.1 million to support Hillary Clintons campaigns and allied super PACs, compared with $39.7 million in backing that former president Bill Clinton received from the industry, according to campaign-finance records dating back to 1974 that have been compiled by The Post. Nearly half of the financial-sector donations made to support Hillary Clintons current presidential run have come from just two wealthy financiers: billionaire investor George Soros, who gave $7 million last year to the pro-Clinton super PAC Priorities USA Action; and hedge-fund manager S. Donald Sussman, who gave the group $2.5 million.
Most of their money was donated in December as Clinton was taking an increasingly tough stance toward the industry in an effort to blunt the populist appeal of rival Sen. Bernie Sanders of Vermont. I believe strongly that we need to make sure that Wall Street never wrecks Main Street again, she declared at a campaign stop in West Des Moines, Iowa, on Jan. 24, adding: No bank is too big to fail, and no executive is too powerful to jail. Clintons success at raising millions from major Wall Street players even as she blasts some of their most lucrative practices shows how she continues to benefit from relationships she and her husband forged over decades. Many of those supporting her now have been involved with the Clintons since 1992, when a network of young bankers and investors mobilized to raise money for Bill Clintons first White House run, including some who went on to serve in his administration.
Sanders has put her on the defensive about her Wall Street contributions, Clinton has responded that the campaign money does not influence her approach to regulating the financial industry. Anybody who knows me, who thinks they can influence me, name anything theyve influenced me on. Just name one thing, Clinton said Wednesday night during a televised CNN forum in New Hampshire. Im out here every day saying Im going to shut them down, Im going after them.
http://www.msn.com/en-us/news/politics/clinton-blasts-wall-street-but-still-draws-millions-in-contributions/ar-BBp8epT?ocid=spartandhp
AzDar
(14,023 posts)appalachiablue
(41,140 posts)knows it's only politics. But there's reason to think the corruption can change. It sure can't go on like this!
appalachiablue
(41,140 posts)mikehiggins
(5,614 posts)"Most of their money was donated in December as Clinton was taking an increasingly tough stance toward the industry in an effort to blunt the populist appeal of rival Sen. Bernie Sanders of Vermont. I believe strongly that we need to make sure that Wall Street never wrecks Main Street again, she declared at a campaign stop in West Des Moines, Iowa, on Jan. 24, adding: No bank is too big to fail, and no executive is too powerful to jail.
I guess it's because I lived through Nixon and Reagan and the Bushes but I do not believe anyone connected with Wall Street and the banks is opposing HRC. They know her too well to think that she will do anything except, maybe, shake and finger and tell them to "cut it out".
Everytime she speaks she reminds me of Joe Izuzu.
appalachiablue
(41,140 posts)of elites and insiders for decades is trickling down to the little people more now, finally! Drip by drip...
beam me up scottie
(57,349 posts)Time to do some 'splaining, Hillary.