Hillary Consolidates Wall Street Support as Republican Financiers Shift to Clinton

Hillary Consolidates Wall Street Support as Republican Financiers Shift to Clinton

Michael Krieger | Posted Monday May 9, 2016 at 8:55 am

Some will say that you are simply parasitic on those who labor at menial physical production—these are people who still subscribe to 18 Century notions of value production–and that you skim off profit without doing anything meaningful or of value. Those people are misguided: we know that if money never sleeps, that’s because you keep it awake! You have—if I may use a metaphor–injected money with caffeine, Adderal, crack, meth, with LSD so that it can dance the crazy dance and grow a crazy thousand psychedelic feet tall in a rainbow minute! Money was a lazy b*tch, until you put it to work! And look how it works! Look how it grows! Materializes out of nowhere!

As you know, my husband tried very hard to change the culture of this misbegotten underclass, by kicking them off the government teat, by poisoning their milk with harsh, bitter regulation, and by disciplining them with the most arbitrary, racist, punitive, devastating criminal laws in US history, laws which Richard Nixon, the Southern strategists, the slave catchers, could only have dreamed of. He also passed NAFTA, which told them in no uncertain terms that they needed to discipline themselves as workers, and learn to be competitive in the global sweatshop, or face certain extinction. But they have not learned their lesson.

– From the post: Hillary Clinton’s Full Speech to Goldman Sachs (Satire)

As I wrote about in detail in last week’s post, Why Trump Winning the Republican Nomination is Good for American Democracy, the best thing about Donald Trump beating all of his controlled Republican rivals is that a Trump vs. Clinton general election will prove once and for all that there’s essentially no difference between the Republican and Democratic parties when it comes to the really big issues of our time.

In a typical election, both corrupt political parties diligently work to ensure that the American public has no real choice, and they are almost always successful. With the clueless citizenry being forced to choose between one corporatist puppet, banker bailout supporting, war mongering, civil liberties destroying sociopath or anothe, people generally end up voting based on wedge issues such a abortion or guns, and the road to serfdom marches onward. That’s how pretty much all elections during my lifetime have operated.

2016 presents a bit of a dilemma in this regard. While Donald Trump may end up falling perfectly in line as a good status quo stooge, he might not. It’s this risk that is leading many “Republicans” to support the neocon, Wall Street puppet Hillary Clinton. She is the sure thing.

You don’t have to be politically astute to understand what this proves. That that two party system is a joke, a sham, a diversion to keep the public fighting over wedge issues while “elite” criminals from both parties rape and pillage the American public. If that’s the only lesson we draw from 2016, that’s good enough.

The Wall Street Journal reports:

Hillary Clinton is consolidating her support among Wall Street donors and other businesses ahead of a general-election battle with Donald Trump, winning more campaign contributions from financial-services executives in the most recent fundraising period than all other candidates combined.

The Democratic front-runner has raised $4.2 million in total from Wall Street, $344,000 of which was contributed in March alone. According to a Wall Street Journal analysis of fundraising data provided by the nonpartisan Center for Responsive Politics, the former secretary of state received 53% of the donations from Wall Street in March, up from 32% last year and 33% in January through February, as the nominating contests began.

The analysis of campaign-finance reports shows that some Wall Street donors have shifted their financial support from Republican candidates who dropped out of the race, such as former Florida Gov. Jeb Bush and Florida Sen. Marco Rubio, to Mrs. Clinton in recent months.

Mr. Trump, by contrast, hasn’t garnered more than 1% of Wall Street contributions in any month through March.

In the 2012 presidential election, the financial-services sector donated more than any other industry, topping $90 million in total contributions to campaigns. Some three times as much of that Wall Street money went to Republican nominee Mitt Romney as to Mr. Obama.

Despite getting less financial sector money, we still saw how much of a Wall Street stooge Obama has been. We can only imagine what a Clinton presidency will look like.

Mrs. Clinton’s popularity on Wall Street could prove a liability with some liberal voters, as primary rival Bernie Sanders has attacked her for being too cozy with the financial industry. But winning back a sizable chunk of money that went to Mr. Romney four years ago would likely give Mrs. Clinton a big fundraising advantage in the general election.

An analysis by the nonpartisan organization Crowdpac found that more than 500 donors, including many Wall Street executives, who gave more than $200 to a Republican who later dropped out, including Messrs. Bush and Rubio, have since given to Mrs. Clinton. More than one-third of the money that business interests have donated to presidential campaigns has gone to Mrs. Clinton’s coffers, the Journal’s analysis found.

“Business interests are generally not sold on the notion that Trump will be a more business-friendly candidate; there’s a lot about Trump they don’t know,” said Ed Rogers, a Republican lobbyist. “They know Hillary. And they know that she is not antibusiness.”

Indeed. Wall Street knows Hillary very, very well, which is why they paid her ridiculous sums for speeches previously, and why they are bankrolling her campaign presently.

The super PAC backing Mrs. Clinton, Priorities USA Action, is also heavily backed by Wall Street donors, who gave $18.7 million to the group through March, according to the Center for Responsive Politics. No other industry has given more to the super PAC.

Are you ready?

In Liberty,
Michael Krieger

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