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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsWall Street Donates More to Democrats Than Republicans for First Time in 10 Years
Posted on Mon, Aug 17th, 2020 by Darragh Roche
Wall Street Donates More to Democrats Than Republicans for First Time in 10 Years
Wall Street donors are giving more money to Democrats than Republicans for the first time in a decade. The news will be a significant cause of concern for the GOP and the President.
Major Wall Street banks, real estate firms, securities firms and employees have donated more money to Democratic candidates in this election cycle than Republicans, a new report shows.
While Wall Street has donated some $800 million to politicians to the end of June, more than half has gone to Democrats. This is a major shift in political donations over the last 10 years.
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https://www.politicususa.com/2020/08/17/wall-street-donates-more-to-democrats-than-republican-for-first-time-in-10-years.html
delisen
(6,044 posts)first and fed the most. I cannot call this good news. More of an inevitability.
We do not yet have the vision or structures in our country to keep the financial sector from feeding of us.
We have the power to change but the power is still latent.
Wellstone ruled
(34,661 posts)We will be in deficit Financing for the next 6-8 years. As my old mentor said in 1960,I don't want the money,I want the Interest.
Frustratedlady
(16,254 posts)They may be surprised if they are expecting a big return on the dollar. Warren and Sanders might step forward and throw out a few questions. I can't imagine this administration (Biden) is going to be that easy to roll.
SWBTATTReg
(22,143 posts)funds in 401K funds, and the like, and at least, we got these people (Wall Street types) on our side. We are succeeding in gaining more followers than the moron in the WH, keep it up. The idiot in the WH has cried WOLF so many times that no one even trusts this POS in the WH what-so-ever anymore.
Hate never wins.
Perhaps this is a side effect of Biden being on the ticket, w/ his prior statements to include all in his tent?