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New York Times: Wall Street Backs Joe Biden
Breitbart ^ | 08/09/2020 | Neil Munro

Posted on 08/10/2020 9:03:49 AM PDT by ChicagoConservative27

Wall Street’s many campaign donors are lining up behind Joe Biden, not the incumbent President of the United States, according to the New York Times.

Under the August 9 headline, “The Wallets of Wall Street Are With Joe Biden, if Not the Hearts,” three reporters wrote:

While Wall Street financiers tend to be more socially liberal, they have collectively swung back and forth between parties. Data from the Center for Responsive Politics show the securities and investment community donating more to President George W. Bush in 2004, and then to Mr. Obama in 2008, and then to Mitt Romney in 2012, followed by Mrs. Clinton in 2016, than to their respective presidential rivals.

This year, it’s Mr. Biden. Financial industry cash flowing to Mr. Biden and outside groups supporting him shows him dramatically out-raising the president, with $44 million compared with Mr. Trump’s $9 million.

(Excerpt) Read more at breitbart.com ...


TOPICS: Business/Economy; Crime/Corruption; Culture/Society; News/Current Events
KEYWORDS: 2020; backs; biden; crp; h1b; wallstreet
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To: ChicagoConservative27

You’ve gotta be kidding


21 posted on 08/10/2020 9:11:42 AM PDT by Rapscallion
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To: ChicagoConservative27

Well, if the NYT says so then it’s gotta be true. Right?


22 posted on 08/10/2020 9:12:21 AM PDT by Seruzawa (TANSTAAFL!)
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To: ChicagoConservative27

Why Wall Street backs Hillary Clinton?

Analysts say the reason has little to do with voting for Hillary Clinton as voting against her rival Donald Trump.

https://www.pgurus.com/wall-street-backs-hillary-clinton/


23 posted on 08/10/2020 9:12:57 AM PDT by Signalman
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To: ChicagoConservative27

Trump also out raised Biden for the whole month of July!


24 posted on 08/10/2020 9:12:59 AM PDT by DarthVader (Not by speeches & majority decisions will the great issues of the day be decided but by Blood & Iron)
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To: ChicagoConservative27

Not surprised, Wall Street wants their China dealings back the way it was before Trump


25 posted on 08/10/2020 9:13:15 AM PDT by PMAS (All that is necessary for the triumph of evil is that good men do nothing)
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To: ChicagoConservative27

And the Brooklyn Bridge is for sale. Any takers?


26 posted on 08/10/2020 9:13:44 AM PDT by McGruff (Polls are for dancing)
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To: GrandJediMasterYoda

No they (he) will not. Wall Street is an arm of the Democrats. They get what they want. Any tax increases are offset by policies that allow them to rob more from main street America.


27 posted on 08/10/2020 9:14:34 AM PDT by Codeflier (Covid-19 taught me: Two types of "conservatives", frightened safety seekers vs. freedom lovers)
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To: ChicagoConservative27

Big companies like big regulations. If you need a lawyer to figure out a federal regulation, a billion dollar company can afford it while a million dollar company can’t. Presto - no competition. And if the regulation is too rough after all the competition is gone, you just have to slide some more cash into the Washington machine.


28 posted on 08/10/2020 9:14:54 AM PDT by KarlInOhio (In 2016 Obama ended America's 220 year tradition of peaceful transfer of power after az><n election.)
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To: ChicagoConservative27

Trump is in danger of losing New York and California!


29 posted on 08/10/2020 9:16:19 AM PDT by ArcadeQuarters (Socialism requires slavery.)
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To: ChicagoConservative27

That should read “Wall Street owns Joe Biden.”


30 posted on 08/10/2020 9:16:26 AM PDT by SaxxonWoods (Prediction: G. Maxwell will surprise everyone by not dying anytime soon.)
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To: ChicagoConservative27

Riiiight. Just like ‘The Mooch’ lying idiot said on Steve Hilton’s Revolution last night. He was an incoherent idiot. Bouncing all over the place. ‘Trump is mean!’

Hilton tried to nail him down but it was pointless.


31 posted on 08/10/2020 9:16:50 AM PDT by time4good
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To: Alberta's Child

Wall Street buys and sells politicians like hot dogs from a street vendor. This is the main problem that makes “government by the people and for the people” a long lost dream. We the people will continue to be sold out until the payoff system is crushed. Trump is the only one who has a remote chance of getting it done.


32 posted on 08/10/2020 9:17:46 AM PDT by RatRipper ( Democrats and socialists are vile liars, thieves and murderers - enemies of good and America.)
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To: ArcadeQuarters

This bunch of Wall Street bums was bailed out by us in 2008 courtesy of the idiot Bush. And the only ones who went to jail were Benie Madoff (so extreme he HAD to go) and Martha Stewart (for lying to the FBI, a bunch of liars).


33 posted on 08/10/2020 9:18:24 AM PDT by laconic
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To: bk1000

True


34 posted on 08/10/2020 9:19:07 AM PDT by b4its2late (A Liberal is a person who will give away everything he doesn't own.)
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To: ChicagoConservative27

As a former resident of that state and city the title of this post is a classic oxymoron...

A Chicago Conservative is akin from my experience one who stands for nothing but against whatever the Democrats want just packaged differently

Make no mistakes, my family was been in that area for generations and looking at it today they are the most intellectually lazy group of people I have ever seen. My family has all departed from that hellhole as the underlying nature of Chicagoan’s is one of “yeah they are crooks but they are the best so we are not a second city at last”

The collar counties with the Madigan gang running the state are either lazy or in on the deal. Even downstate there are so many on the payroll in one way or another there will be no real changes other than the faces in the newspaper.

I am a graduate of Lane Tech an iconic school in the US and my daughter was born in Chicago as was my wife. A happy memory was the day I left and moved elsewhere (as did the rest of my relatives) and even in subsequent returns for business it has not improved one bit, in my view it has gotten worse

Conclusion: they like it!

They called it second city in reflection of New York so the only way to be first was to be the MOST corrupt city in the nation

Hell of a price to pay for being stylish

Unlike MacArthur I will not return


35 posted on 08/10/2020 9:25:38 AM PDT by 100American (Knowledge is knowing how, Wisdom is knowing when)
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To: ChicagoConservative27

They will back the perceived winner. Thus far Biden has benefited from hiding. Perceptions should change after the debates.


36 posted on 08/10/2020 9:27:12 AM PDT by plain talk
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To: ChicagoConservative27
they have collectively swung back and forth between parties... donating more to President George W. Bush in 2004, and then to Mr. Obama in 2008, and then to Mitt Romney in 2012, followed by Mrs. Clinton in 2016, than to their respective presidential rivals.

A list of 'Rats since 2004... So, when did they swing from any Republican? Let me guess the most recent... 1860?

37 posted on 08/10/2020 9:28:03 AM PDT by C210N
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To: ChicagoConservative27

I would too, if I were them. Good call on Wall Street, protecting the financial interests of their shareholders.


38 posted on 08/10/2020 9:28:57 AM PDT by nwrep
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To: ChicagoConservative27

Of course they do. They look forward to paying big taxes for a Biden’s Green Deal and being run by children who were in high school a few years ago. RIIIGHT!


39 posted on 08/10/2020 9:30:20 AM PDT by jmaroneps37 (Conservatism is truth. Liberalism is lies)
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To: volunbeer

Senator Schumer wrote a special tax law jut so the hedge fund managers got paid at a lower rate than the rest of us.

Look on your Federal Tax 1040 form. There is a special line for them. They are taxed similar to you and I having a long term capital game. So, instead of being in the 28, 25 % tax bracket. They have a special tax bracket just for them. I believe it is between 17-19%.

Schumer is owned by Wall Street.


40 posted on 08/10/2020 9:31:43 AM PDT by woodbutcher1963
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