Friday, October 16, 2020

JOE BIDEN SUCKS OFF WALL STREET - THEY KNOW WHAT OBAMA AND BIDEN DID FOR BIG BANKSTERS!

 

THE LOOTING OF AMERICA:

BARACK OBAMA AND HIS CRONY BANKSTERS set themselves on America’s pensions next!

 http://mexicanoccupation.blogspot.com/2015/04/obamanomics-assault-on-american-middle.html

 

The new aristocrats, like the lords of old, are not bound by the laws that apply to the lower orders. Voluminous reports have been issued by Congress and government panels documenting systematic fraud and law breaking carried out by the biggest banks both before and after the Wall Street crash of 2008.

Goldman Sachs, JPMorgan Chase, Bank of America and every other major US bank have been implicated in a web of scandals, including the sale of toxic mortgage securities on false pretenses, the rigging of international interest rates and global foreign exchange markets, the laundering of Mexican drug money, accounting fraud and lying to bank regulators, illegally foreclosing on the homes of delinquent borrowers, credit card fraud, illegal debt-collection practices, rigging of energy markets, and complicity in the Bernie Madoff Ponzi scheme. 

NO PRESIDENT IN HISTORY SUCKED IN MORE BRIBES FROM CRIMINAL BANKSTERS THAN BARACK OBAMA!

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.”

http://mexicanoccupation.blogspot.com/2016/10/the-bankster-owned-president-citigroup.html 

This is a further shift leftward by Wall Street from the last election cycle, when between 50 percent and 52 percent of the contributions through mid-year 2017 from J.P. Morgan, Morgan Stanley, and Bank of America went to Republicans. Those banks sent between 37 percent and 45 percent of the contributions to Democrats.

Joe Biden Rakes in More than $50M from Wall Street, Including from Soros

NEW YORK, NY - MARCH 04: Traders work the floor of the New York Stock Exchange (NYSE) on March 4, 2020 in New York City. The news of Democratic presidential candidate, former Vice President Joe Biden's delegate lead after the Super Tuesday primaries helped the market rebound and close at …
David Dee Delgado/Getty Images
3:01

Democrat presidential candidate Joe Biden is raking in tens of millions of dollars from Wall Street, weeks away from the November 3 election against President Trump.

In the last few months, Biden’s campaign and his fundraising committees have “benefited from big money contributions from finance leaders on Wall Street and across the country,” according to a new report by CNBC.

Wall Street donors to date have spent more than $50 million to help get Biden elected, as they view his candidacy as a return to the economic status quo, which has often spelled economic decline for Main Street.

CNBC reports:

The joint committees, which raise money for the Biden campaign, the Democratic National Committee and state parties, are being fueled, at least in part, by Wall Street executivesThose committees accept six-figure contributions. [Emphasis added]

People in the financial industry have largely favored Biden, spending more than $50 million to back his candidacy, according to the nonpartisan Center for Responsive Politics, compared with more than $10 million for Trump. [Emphasis added]

Some of those Wall Street donors to Biden include President Obama’s former Treasury Department secretary Tim Geithner, who contributed $150,000 to the Biden Action Fund in August. Geithner, while in the Obama administration, coordinated to slash pensions for roughly 20,000 Delphi workers in the midst of the auto bailout for General Motors (GM).

Wall Street executives Antonio Gracias and Jonathan Shulkin each delivered $300,000 to Biden’s campaign in August, while venture capitalist John Doerr donated more than $355,000 to the Biden Action Fund in the last three months.

Likewise, Wall Street investor Jonathan Soros, the son of billionaire left-wing mega-donor George Soros, gave a little less than $145,000 to Biden in the third quarter, while Wall Street venture capitalists and investors John Doerr, Stephen Mandel, and Pete Muller gave Biden nearly $1.5 million.

In the third quarter, alone, the Biden Action Fund got more than $4 million from Wall Street donors, with huge donations from executives at the Blackstone Group, JPMorgan Chase, The Carlyle Group, and Kohlberg Kravis & Roberts.

Wall Street and nearly all of the nation’s biggest banks have lined up to support Biden and his running mate, Sen. Kamala Harris (D-CA), against Trump’s economic nationalist agenda. Goldman Sachs and Moody’s Analytics each released reports to investors indicating their backing of a “blue wave” on election day as the biggest net gain for the financial industry.

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

Likewise, Wall Street is behind Biden’s plan to hugely expand legal immigration levels, beyond already historical highs at 1.2 million green cards and 1.4 million visa workers a year.

Biden has elated Wall Street so much that for the first time in a decade, more financial executives are donating to Democrat candidates than Republicans, the latest Center for Responsive Politics analysis reveals.

 

CNN: ‘All the Big Banks’ on Wall Street Backing Joe Biden Against Trump

SAUL LOEB/AFP via Getty Images

28 Sep 20203,632

3:20

Democrat presidential candidate Joe Biden is raking in Wall Street cash from all the big banks at five times the rate of President Trump, a CNN report admits.

An analysis by CNN found that “all the big banks are backing Biden” against Trump, with the former vice president taking a larger margin of Wall Street donations than even failed Democrat presidential candidate Hillary Clinton did in 2016.

CNN reports:

The securities and investment industry donated just $10.5 million to Trump’s presidential campaign and outside groups aligned with it, according to a new tally by OpenSecrets. It has sent nearly five times as much cash, $51.1 million, to Democratic presidential nominee Joe Biden. [Emphasis added]

That means Trump is losing the fundraising race among Wall Streeters by a slightly greater magnitude than in 2016. During that cycle, former New York Senator Hillary Clinton and groups aligned with her raised $88 million from the securities and investment industry, while Trump took in just $20.8 million. [Emphasis added]

But a CNN Business analysis of OpenSecrets research shows that Biden is beating Trump in fundraising from all of America’s big banks — in some cases by wide margins. [Emphasis added]

At the big banks — which saw little-to-no consequences for their role in the 2008 financial crisis — Biden is sweeping up donations from employees by huge margins. At Goldman Sachs, for example, Biden has raised more than $156,000, while Trump has taken less than $12,000.

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, taking nearly $258,000 from the bank’s employees compared to Trump’s $96,010.

Despite pitching himself as a defender of blue-collar Americans, Biden has not only been widely backed by Wall Street but also by wealthy residents on Park Avenue.

Biden’s campaign has raised over $1 million from donors living on Park Avenue, according to Federal Election Commission (FEC) filings, as Breitbart News reported. This is more than eight times the $127,000 raised by the Trump campaign from the same area.

This month, Biden touted Wall Street’s support for his plan to abolish America’s suburbs by seizing control of local zoning laws to construct housing developments and multi-family buildings in neighborhoods. Likewise, Wall Street is behind Biden’s plan to hugely expand legal immigration levels, beyond already historical highs at 1.2 million green cards and 1.4 million visa workers a year.

Biden has elated Wall Street so much that for the first time in a decade, more financial executives are donating to Democrat candidates than Republicans, the latest Center for Responsive Politics analysis reveals.

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

Likewise, Wall Street is behind Biden’s plan to hugely expand legal immigration levels, beyond already historical highs at 1.2 million green cards and 1.4 million visa workers a year.

Biden has elated Wall Street so much that for the first time in a decade, more financial executives are donating to Democrat candidates than Republicans, the latest Center for Responsive Politics analysis reveals.

 

Joe Biden’s Campaign Is 


Awash in Wall Street Cash

AP Photo/Patrick Semansky

2 Jun 202080

4:01

Joe Biden has adopted the anti-Wall Street rhetoric of some of his former rivals for the Democrat nomination, but that has not stopped him from collecting an enormous war chest of campaign cash from the financial sector.

Biden on Tuesday said that America “wasn’t built by Wall Street bankers and CEOs, it was built by the great American middle class.”

Eamon Javers

@EamonJavers

 

 · 6h

Replying to @EamonJavers

Biden: “The president held up the Bible at St. John’s church yesterday. I just wish he opened it once in a while.”

Eamon Javers

@EamonJavers

 

Biden: “If it weren’t clear before, it’s clear now: This country wasn’t built by Wall Street bankers and CEOs, it was built by the great American middle class.”

63

7:22 AM - Jun 2, 2020

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Securities industry employees, a close proxy for Wall Street, have donated $29,703,244 to Biden’s campaign or to political committees supporting his campaign for the presidency, according to the nonpartisan Center for Responsive Politics. The sector is the second-largest source of campaign contributions to Biden’s campaign, coming only after Democrat Party and left-wing organizations.

Donald Trump, by contrast, has only received around $6,320,861.

Biden has also received far more campaign cash from employees of J.P.Morgan ChaseBank of AmericaMorgan Stanley, and Goldman Sachs than his Republican rival, according to the Center for Responsive Politics. For example, Biden has taken more than 6 times as much money from J.P. Morgan Chase employees than Trump.

Employees at those four firms have donated a total of $508,259 to Biden’s campaign, according to data from the Center for Responsive Politics. Morgan Stanley was the biggest contributor to Biden of the group, with donations totaling $171,274.

Trump has received just $27,981 dollars from Morgan Stanley employees. J.P. Morgan employees have contributed $23,942. Bank of America employees given $40,448. Goldman’s contributions add up to a grand total of $4,211, according to data from the Center for Responsive Politics. A total of $96,582, less than one-fifth of Biden’s take.

Political contributions from Citigroup were unavailable at the time of publication.

The campaign cash from the big Wall Street banks have poured into Democrat coffers in the 2020 election cycle. Slightly more than 58 percent of Goldman’s contributions to Congressional candidates have gone to Democrats. More than 62 percent of Morgan Stanley’s contributions went to Democrats. Bank of America was nearly even, with 49.9 percent going to Republicans and 49.6 percent going to Republicans. J.P. Morgan favored Democrats by nearly 60 percent to 30 percent, with 10 percent going to independent candidates.

This is not a function of just giving to the majority party. Goldman’s contributions favor Democrats in the House and Republicans in the Senate, while Morgan Stanley’s and J.P. Morgan’s favor Democrats in both. Bank of America contributors favor Republican candidates for the House and Democrats in the Senate.

When measured by contributions to all federal candidates, all four skew Democrat. J.P. Morgan’s contributions are the most tilted, with 73.4 percent going to Democrat candidates, and Bank of America’s the least, with 58.5 percent going to Democrats. Morgan Stanley tilts 67.9 percent Democrat. Goldman lean is 61.28 Democrat.

This is a further shift leftward by Wall Street from the last election cycle, when between 50 percent and 52 percent of the contributions through mid-year 2017 from J.P. Morgan, Morgan Stanley, and Bank of America went to Republicans. Those banks sent between 37 percent and 45 percent of the contributions to Democrats.

 

 

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