2016 Postmortem
Showing Original Post only (View all)Looks like the "Hillary's top donors are banks" meme needs to be debunked for the 200th time... [View all]
I'm talking about this chart. You've probably seen it in some Hillary bashing posts.

Somehow people read this and come out of it thinking that Citibank and JPMorgan have been writing checks to the Hillary's campaigns. So, sigh, once again.
--The totals shown are money contributed to Hillary from people who work at Citibank (or JPMorgan, etc). That's why it's in the "individuals" column.
--It is, in fact, illegal for corporations to contribute money directly to political campaigns.
--No, it's not one big check from the CEO, because campaign contributions are limited to $2700 per person (or whatever it was when she was running for Senate).
--It is wholly unsurprising that Hillary or any other politician from NY State would have a lot of donations from people working at Citibank or JPMorgan, because banks are some of the largest employers in the state.
In case you think I'm making this all up, this chart comes from opensecrets.org, and comes with the following explanation:
https://www.opensecrets.org/politicians/contrib.php?cycle=Career&cid=n00000019