Debate Magazine

Wall Street Owns Clintons; Goldman Sachs Biggest Donor

By Eowyn @DrEowyn

Faces of Hillary

So much for the fiction that Democrats are for the poor, the oppressed, the little guy. In truth, Democrats only use them for their votes to stay in power — in other words, as Useful Idiots.

Here’s the evidence.

The Wall Street Journal reports (via Zero Hedge) that, even before Hillary “What difference does it make?” Clinton formally declares she’s running for POTUS in 2016, the Clintons already have accumulated the most formidable war chest in the history of the United States.

To date, during two decades on the national stage through campaigns, paid speeches, and a rat’s nest of organizations advancing their political goals, Clinton Inc. has raised about $3 billion from all sources, including individual donors, corporate contributors and foreign governments.

More than $1 billion of Clinton Inc.’s war chest come from U.S. companies and industry donors, of which Wall Street financial services firms have been one of the single largest sources of money. And of those Wall Street donors, the No. 1 supporter of the Clintons — accounting for nearly $5 million in donation — is Goldman Sachs.

Clinton Inc1
The WSJ concludes:

Those deep ties potentially give Mrs. Clinton a financial advantage in the 2016 presidential election, if she runs, and could bring industry donors back to the Democratic Party for the first time since Mr. Clinton left the White House. [...]

Not counting about $250 million the Clinton foundation has received from foreign donors, at least 75% of the money arrived in large donations from industry sources, a category defined by federal regulators and the Center for Responsive Politics. [...]

“She has the credibility among Wall Street donors that could make it likely that Wall Street moves back into the Democratic fold,” said Sam Geduldig, a Republican lobbyist and fundraiser who represents Wall Street firms.

 ~Eowyn


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