Wall Street Donors Flocking to Clinton

[kaleckim]

Well, yay for Wall Street, business interests, the rich, and their lobbyists. You know, her base, the groups that have benefited from the policies she and her husband have long supported.

http://www.commondreams.org/news/2016/05/09/wall-street-donors-flocking-clinton

Democratic frontrunner has seen a surge in financial sector donations since business-friendly Republican candidates have dropped out of the race.

"They know Hillary," said Republican lobbyist Ed Rogers. "And they know that she is not antibusiness."

...A Wall Street Journal analysis published late Sunday found that the former secretary of state "has raised $4.2 million in total from Wall Street, $344,000 of which was contributed in March alone."

In fact, Clinton has seen a surge in financial sector donations since business-friendly Republican candidates—namely former Florida Gov. Jeb Bush and Florida Sen. Marco Rubio—dropped out of the race. According to the newspaper's reporting on fundraising data provided by the Center for Responsive Politics, "the former secretary of state received 53 percent of the donations from Wall Street in March, up from 32 percent last year and 33 percent in January through February, as the nominating contests began."

...In total, Clinton has received a full third of all money that business interests have donated to presidential campaigns on both sides of the aisle.

...Politico reported last week that Clinton supporters have been aggressively courting top Bush family donors "to try to convince them that she represents their values better than Donald Trump." Those fundraising calls are part of an overall effort by the campaign to position Clinton as the standard bearer of neoconservative ideals.

[onehandle]

1. Well, she is our next President. Makes sense.

She'll need even more money, since so much was wasted on a unicorn.

[kaleckim]

4. So mindless

Last edited Mon May 9, 2016, 03:38 PM - Edit history (1)

"She'll need even more money, since so much was wasted on a unicorn."

Explain the unicorn? Is that the stuff that your party used to stand for, the stuff that is popular with the public, works well in every other country? Is your argument predicated on the mindless idea that he and his followers were arguing that it would all immediately happen? Can you name a single movement of historical importance that didn't have a long term vision in mind that wasn't "unrealistic" in the short term and involved them only working within the confines of the system as it was?

She also could do what he did as far as raising money from working people, but her policies don't benefit enough working people for that to be realistic. She is deeply unpopular and is not liked, and her real base are the business interests that have funded her her entire career. So she can't go the Sanders route because the popular support for her isn't there.

Kind of ironic that the only unicorn in the race has been the fools that think that Clinton, with her record and top donors, would do anything but what she is currently doing. The unicorns were the fools that argued that she'd take money from Wall Street but then challenge them.

[frylock]

7. But it never was meant to be a coronation..

so stop saying that.

[The Velveteen Ocelot]

2. Quelle surprise...

[Turin_C3PO]

3. Because Trump

represents instability, which is never good for the markets.

[kaleckim]

6. "the markets"

What's "the markets"? Cause financial markets require different policies than markets which make things, and often benefit at the expense of markets that make things. Taking money in and out of countries with no limitations is great if you are concerned with the second by second value of currencies, interest rates and inflation, not so much if you need to invest in a factory that takes years to turn a profit. The companies that make stuff would be harmed by a financial crisis, they're also harmed by policies that prioritize financial capital versus everything else. Private debt has exploded thanks to the growth of finance, and every dollar that goes to service debt doesn't go to buy goods and services. See the problem there?

The markets that depend on us all going into debt to them (finance, since finance's product is debt), are just continuing to do what they've always done: pay off a corrupt, center-right Democrat to keep the gravy train going.

The fact that so many Democrats provide cover for this is telling, and sad.

[Tierra_y_Libertad]

5. They're investing in a reliable product and expect a healthy return on their "donations".

[kaleckim]

8. Yep

but she's "progressive", and if you doubt me I will link to you a speech where she says some really amazing buzzwords and will tell you about issues that have nothing to do with economic issues that impact working people or institutional power.

[AzDar]

9. They aren't going to just walk away from all that equity... expecting a big ROI.

[azurnoir]

10. well she did say that they were her constituents which would also indicate that she was

their Senator

[Amaril]

11. Of course they are. She is the candidate that..........

......best represents *their* values. She's even told them so.