JOE BIDEN RAKES IN THE MONEY FROM THE RICH - THEY KNOW HOW WELL THEY BENEFITED FROM THE TRICKLE UP ECONOMICS OF OBAMA AND HIS CRONY BANKSTERRS

 Joe Biden Rakes in Nearly $20M from Wealthy Real Estate Developers

AP Photo/Carolyn Kaster

JOHN BINDER

11 Oct 202075

1:39

Democrat presidential candidate Joe Biden is wooing wealthy real estate developers, outpacing President Trump in contributions from the industry.

Analysis from the Center for Responsive Politics reveals that Biden has taken about $19.8 million from real estate professionals, which is 19 percent more than Trump has taken.

As Forbes has noted, billionaire real estate brokers such as George Marcus have donated millions to elect Biden and Democrats this election cycle.

Biden’s housing plan, as Breitbart News reported, would implement an unprecedented expansion of Section 8 housing vouchers while requiring that local communities abolish strict zoning laws in order to become eligible for certain federal grants.

The plan provides a $300 million investment “to give states and localities the technical assistance and planning support they need to eliminate exclusionary zoning policies and other local regulations that contribute to sprawl.”

Communities unwilling to eliminate their zoning laws to allow multi-family, mixed-income housing development in their neighborhoods would be shut out of federal grants under Biden’s plan.

Biden’s housing policy has also excited Wall Street investors who see the expansiveness of his plan as a cash cow. During a campaign event last month in Wisconsin, Biden touted Wall Street’s support for his housing plan, saying it would increase GDP.

John Binder is a reporter for Breitbart News. Follow him on Twitter at @JxhnBinder.

“This was not because of difficulties in securing indictments or convictions. On the contrary, Attorney General Eric Holder told a Senate committee in March of 2013 that the Obama administration chose not to prosecute the big banks or their CEOs because to do so might “have a negative impact on the national economy.”

 

Kamala Harris Touts Wall Street’s Support for Joe Biden During VP Debate

 

JOHN BINDER

7 Oct 2020662

1:48

Sen. Kamala Harris (D-CA) touted Wall Street’s support for Democrat presidential candidate Joe Biden during the vice presidential debate Wednesday evening.

As Breitbart News reported this week, economists with Moody’s Analytics on Wall Street cheered a Biden presidency, citing their support for his globalist agenda centered on more free trade and more immigration to the United States.

At the debate, Harris touted that Wall Street support.

“Joe Biden economic plan, Moody’s, which is a reputable Wall Street firm, has said will create seven million more jobs than [President] Donald Trump’s,” Harris said.

In recent months, Wall Street and nearly all of the nation’s biggest banks have lined up support for Biden and Harris against Trump’s economic nationalist agenda.

Economists with Goldman Sachs, a huge donor to Biden and Harris, have issued a similar report where they say a “blue wave” on November 3 will help return the U.S. to an economic status quo.

Biden’s campaign has raked in nearly $280,000 from Goldman Sachs employees. Trump has taken less than $9,000 from Goldman Sachs employees this election cycle.

JPMorgan Chase employees have given three times as much campaign cash to Biden as Trump. Biden has taken nearly $380,000. At Morgan Stanley, Biden has taken more than twice as much as Trump, nearly $258,000 from the bank’s employees compared to Trump’s $96,010.

John Binder is a reporter for Breitbart News. Follow him on Twitter at @JxhnBinder.