Saturday, August 6, 2016

WHY IS HILLARY BEATING TRUMP ON WALL STREET?

It looks like the Wall Street money is almost all on Hillary and one has to wonder what is she promising them in return? Speeches?



As for Trump? No one is buying possibly because he can't be bought.



Who should you vote for?



Using history (2008 crash) as a guide voters may want to take a close look at why and where all that Wall Street money is going to Hillary.  The rest is easy to figure out.


A July 29 Wall Street Journal article crediting our data is headlined, “Hedge-Fund Money: $48.5 Million for Hillary Clinton, $19,000 for Donald Trump.” The startling disparity in numbers led other media outlets to cite the piece — as did Trump himself. The article was shared on Facebook over 27,000 times and generated more than 500 comments.

Only problem is, those numbers aren’t correct. Trump had taken in just $2,054 in hedge fund contributions as of June 30. Clinton, along with her supporting super PACs, has received $25.6 million from the hedge fund industry, just a bit more than half the WSJ’s figure.

While the article says the money came from “employees or owners” of hedge funds (later amended to include private equity), nearly all of it came from just four people. Four big donors associated with hedge funds gave $24.6 million of the total — most of which was given to the pro-Clinton super PAC Priorities USA Action, which she does not control (at least not directly).

Clinton’s campaign itself, not counting super PACs, has so far received just $557,619 from individuals who work at hedge funds.

Further down, the WSJ article says that the $48.5 million figure is the sum of contributions to Clinton from seven unspecified “financial firms” that are either hedge funds or “similar private investment funds.” We emailed the reporters on the story to find out which firms they counted.




Setting it straight: Hedge funds to Clinton plus super PACs, $25.6 million; to Trump, $2,000 | OpenSecrets Blog