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2016 Postmortem
Related: About this forumDEVASTATING: "Why DOES Wall Street 'love' Hillary Clinton?"
http://www.cnn.com/2015/11/18/opinions/louis-hillary-clinton-wall-st-/index.htmlWhy DOES Wall Street 'love' Hillary Clinton
By Errol Louis
Errol Louis is the host of "Inside City Hall," a nightly political show on NY1, a New York all-news channel.
If Hillary Clinton wants to shut down the populist surge of Sen. Bernie Sanders once and for all, she'll need to do a better job of explaining, and perhaps untangling, her complicated romance with Wall Street.
This includes not only the massive donations her campaign and the Clinton Foundation have received from gigantic financial firms, but the private speeches she has delivered to banking executives for eye-popping sums in excess of $250,000 per talk.
...snip...
"Let's not be naive about it. Why, over her political career, has Wall Street been a major the major campaign contributor to Hillary Clinton?" Sanders asked rhetorically. "You know, maybe they're dumb and they don't know what they're going to get, but I don't think so."
...snip...
Another index of the candidate's closeness to Wall Street comes from the website of the Clinton Foundation, which lists the places where Bill, Hillary and Chelsea Clinton give speeches and how much they get paid for them. It turns out Hillary Clinton has spoken to Citibank, Goldman Sachs, JP Morgan Chase and Carlyle Investment Management and earned between $250,000 and $500,000 for each talk. That translates into a minimum of $1 million and as much as $2 million for giving four speeches.
...snip...
"The big bankers love Clinton, and by and large they badly want her to be president. Many of the rich and powerful in the financial industry among them Goldman Sachs CEO Lloyd Blankfein, Morgan Stanley CEO James Gorman, Tom Nides, a powerful vice chairman at Morgan Stanley, and the heads of JPMorganChase and Bank of America consider Clinton a pragmatic problem-solver not prone to populist rhetoric. To them, she's someone who gets the idea that we all benefit if Wall Street and American business thrive," wrote Cohan in Politico.
This includes not only the massive donations her campaign and the Clinton Foundation have received from gigantic financial firms, but the private speeches she has delivered to banking executives for eye-popping sums in excess of $250,000 per talk.
...snip...
"Let's not be naive about it. Why, over her political career, has Wall Street been a major the major campaign contributor to Hillary Clinton?" Sanders asked rhetorically. "You know, maybe they're dumb and they don't know what they're going to get, but I don't think so."
...snip...
Another index of the candidate's closeness to Wall Street comes from the website of the Clinton Foundation, which lists the places where Bill, Hillary and Chelsea Clinton give speeches and how much they get paid for them. It turns out Hillary Clinton has spoken to Citibank, Goldman Sachs, JP Morgan Chase and Carlyle Investment Management and earned between $250,000 and $500,000 for each talk. That translates into a minimum of $1 million and as much as $2 million for giving four speeches.
...snip...
"The big bankers love Clinton, and by and large they badly want her to be president. Many of the rich and powerful in the financial industry among them Goldman Sachs CEO Lloyd Blankfein, Morgan Stanley CEO James Gorman, Tom Nides, a powerful vice chairman at Morgan Stanley, and the heads of JPMorganChase and Bank of America consider Clinton a pragmatic problem-solver not prone to populist rhetoric. To them, she's someone who gets the idea that we all benefit if Wall Street and American business thrive," wrote Cohan in Politico.
So much more TRUTH at the link.
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DEVASTATING: "Why DOES Wall Street 'love' Hillary Clinton?" (Original Post)
berni_mccoy
Nov 2015
OP
Because the GOP candidates are all bat-shit crazy. Business wants the Dems to win.
McCamy Taylor
Nov 2015
#11
Cali_Democrat
(30,439 posts)1. Dupe.
berni_mccoy
(23,018 posts)3. Mine's better.
Hortensis
(58,785 posts)6. FEC says "outside" money: Bush $103 million. HRC $20 million. This does not
Include secret "dark money" donations, but all experts believe they are very heavily going to GOP candidates. Of course.
Stating the situation differently,
Of the $140 million donated to Democratic candidates, 12.4% is from super PACs and other outside groups.
Of the known $375.8 million donated to GOP candidates, 61.9% is from PACs and other outsider groups.
daleanime
(17,796 posts)2. Massive K&R.....
Hepburn
(21,054 posts)4. Wow.......
We need someone who is for us little guys and gals!
berni_mccoy
(23,018 posts)5. Absolutely! FEEL THE BERN!
WillyT
(72,631 posts)7. HUGE K & R !!! - THANK YOU !!!
ThePhilosopher04
(1,732 posts)8. Mutual Love, made for each other.
nm
AzDar
(14,023 posts)10. K & R
McCamy Taylor
(19,240 posts)11. Because the GOP candidates are all bat-shit crazy. Business wants the Dems to win.
Anyone of the GOP will plunge us into fiscal disaster and Main Street knows it.
Scuba
(53,475 posts)12. Meanwhile ...