Wednesday, September 21, 2016

Dirty Money

This what you're up against. Those banks that were too big to fail that the government bailed out with your tax dollars now are literally trying to buy this election. It an in-your-face-like-it-or-lump move.
See Buffett financialspuds.blogspot.com/2016/09/the-omaha-hypocrite.

You still have purchasing power. And until they take it away too--and they will--you still have a right to do business where and with whom you want. This is dirty money.

zerohedge.com/news/2016-09-21/wall-street-goes-all-hillary-clinton
Hedge fund moguls are pouring stunning amounts of cash into the main super-PAC supporting Hillary Clinton’s presidential campaign.

George Soros and Donald Sussman, liberal financiers based in New York, have now given at least $10.5 million each to Priorities USA, an outside group that has already reserved more than $150 million in advertising to help Clinton win the White House.

Pushing him over the $10 million mark, Soros sent the super-PAC an additional $2.5 million in August, according to the latest reports from the Federal Election Commission.

Sussman sent $2 million in August too, giving him an identical total donation to Soros.

Soros scaled back his political spending during the Barack Obama years. Stories later emerged suggesting he’d been unhappy with the way he’d been treated by the president.

An email released last year by the State Department showed Clinton ally Neera Tanden telling the then-secretary of State that when she spoke with Soros at a dinner, he’d told her he regretted supporting President Obama over Clinton in the 2008 Democratic primary.

Recounting her conversation with Soros, Tanden told Clinton: “He’s been impressed that he can always call/meet with you on an issue of policy and said he hasn’t met with the President ever (though I thought he had.)”

The latest injections of cash from Soros and Sussman continue a trend of Wall Street money flowing overwhelmingly to Clinton over her Republican rival Donald Trump.

It’s highly unusual — perhaps unprecedented — for a Democratic presidential candidate to out-raise a Republican among the financial sector by the margin by which Clinton is out-raising Trump. 

Citing data from the nonpartisan Center for Responsive Politics, the Wall Street Journal reported in July that “seven financial firms alone have generated $47.6 million for groups working on Mrs.Clinton’s behalf.”

The comparable amount raised for Trump at that time was $19,000. And though his haul from the financial industry has increased substantially by now, it still pales in comparison to Clinton’s.

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