Hillary Clinton Gets More Donations from Wall Street than Teachers

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During the Democratic debate last Saturday, Hillary Clinton challenged viewers to “fact-check” her claim that she gets more donations from educators than those in the finance and investment industry.

The Daily Caller reports:

“I think it’s important to point out that about three percent of my donations come from people in the finance and investment world,” Clinton said.

…“You can go to OpenSecrets.org and check that,” Clinton continued, adding that “more donations from students and teachers than I do from people associated with Wall Street.”

While there is technically no way to run the numbers on the professions of individual donors, fact-checkers turned to OpenSecrets.org to look at donations by industry.

Boy did Hillary open up a can of worms.

[T]he biggest donors to Clinton’s 2016 campaign committee, Hillary for America, come from the legal, business services, and securities and investment industries. The education industry is the fifth largest source of contributions to the Democratic front-runner’s effort.

During her 2008 presidential campaign, Clinton likewise received more contributions from the securities and investment industry than she did from the education industry.

And across her entire career in the U.S. Senate, which stretched from January 2001 to January 2009, four of the five companies that contributed the most to Clinton’s campaigns were the Wall Street banks Citigroup, Goldman Sachs, JP Morgan Chase, and Morgan Stanley.

Ouch.

When fact checkers do their homework, it should be no surprise to see that big business loves progressive Democrats. The bigger the government, the more complicated the business climate becomes, which means more opportunities for Wall Street to cozy up with Washington for special deals.

Big business can afford the legal teams necessary to navigate a complicated tax and regulatory environment. Small businesses can’t, and ultimately suffer the most. While Hillary claims to be a champion of small business, her donor rolls tell a much different story.