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Hillary Clinton Gets More Donations from Wall Street than Teachers

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.

 

Tom Borelli

Dr. Tom Borelli is a contributor to Conservative Review and is a TV and radio commentator addressing political issues from a conservative grassroots perspective. As a columnist, he has written for ConservativeReview.com, The Washington Times and authored articles for Newsmax magazine. Dr. Borelli is also a regular political panelist on NewsmaxTV and i24 News he also co-hosts radio programs on SiriusXM Patriot with his wife Deneen Borelli. Dr. Borelli appeared on numerous television programs, including the highly ranked Fox News Channel’s “The O’Reilly Factor,” “Hannity,” “The Kelly File," and "America’s News Headquarters." He has also appeared on Fox Business Network’s “Making Money with Charles Payne” and “After the Bell” as well as TheBlaze TV’s "The Glenn Beck Program" and "Dana!" Prior to working for public policy organizations, Dr. Borelli was a managing partner with the investment advisory firm of Action Fund Management, LLC and a portfolio manager for the Free Enterprise Action Fund (FEAF) where he used shareholder activism to challenge corporations that sought to profit from the growth of government. During his 25 years with the Altria Group, Inc., he built a foundation in public policy and issues management, drawing from diverse experiences ranging from basic research to corporate affairs. Dr. Borelli served as science fellow for the U.S. House of Representatives' Committee on Science, Space, and Technology during the 100th Congress. Dr. Borelli has also published scientific papers on interferon and human leukemia.

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