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brooklynite

(94,706 posts)
Fri Apr 1, 2016, 02:40 PM Apr 2016

The Defense Industry’s Surprising 2016 Favorites: Bernie & Hillary

Politico:

Democratic presidential front-runner Hillary Clinton has collected more money than any other candidate in the 2016 race from employees tied to the 50 largest contractors with the Department of Defense — at least $454,994 in campaign funds over a 14-month period ending in February.

While Clinton’s haul is substantial, it is only one-third higher than the amount defense contractors gave to the campaign of Vermont Senator Bernie Sanders, Clinton’s rival for the Democratic nomination. Despite advocating steep cuts in defense spending, Sanders’ campaign has accepted at least $310,055 in defense-related donations — more than any Republican presidential candidate — since the start of the 2016 campaign cycle.

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“We need a strong military, it is a dangerous world. But I think we can make judicious cuts,” Sanders told a U.S. Student Association town meeting at the University of Iowa in February 2015. “There is massive fraud going on in the defense industry,” he added, and “virtually every major defense contractor has either been convicted of fraud or reached a settlement with the government.” On January 17, during the fourth Democratic debate, Sanders said DOD's priorities need “fundamental change.”

Nevertheless, Sanders collected at least $310,055 from defense contractor employees, including at least $45,652 from employees of Boeing and at least $36,624 from employees of Lockheed Martin — more than Clinton received from either group. Two-thirds of Sanders’ total and 95 percent of his individual contributions from the defense industry came in amounts of $250 or less, while Clinton was more reliant on contributions of at least $1,000, including many from company managers. Neither Sanders’ campaign nor Boeing responded to requests for comment.
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