Millionaires Favor Hillary Clinton
Hillary Clinton has a mountain of problems to overcome if she wants to be president, and her biggest problem might be her indelible connection to Wall Street. Clinton’s current campaign strategy is to declare herself the “champion” of the little guy. In her campaign kickoff announcement, she declared that “the deck is still stacked in favor of those at the top. Everyday Americans need a champion, and I want to be that champion.” How sweet!
What Hillary is hoping is that low-information voters never catch onto the fact that she is at the top. Hillary Clinton is a multi-millionaire with a net worth of $22 million. Clinton’s hypocrisy is on full display when you take a look at where she got her $22 million.
|Hillary Clinton and Goldman Sachs CEO, Lloyd Blankfein|
Clinton has been quite the hit on the speaker circuit. She has delivered quite a few speeches on Wall Street, two of which ‘earned’ her $400,000 from Goldman Sachs. She ‘earned’ $200,000 for delivering a speech at Goldman Sach’s annual Alternative Investment Conference. According to National Review Online (NRO), the purpose of the conference is to offer financial advisers the opportunity to “explore the latest strategies and products available to financial advisers.” I had no idea Clinton was an expert on alternative investments. I guess she could have talked about how, in 1978, she invested $1,000 in live cattle futures and against all odds turned her small investment into $100,000 in less than a year.
The other speech Clinton delivered for Goldman Sachs was at its Builders and Innovators Summit. Goldman Sachs wrote the following about the summit: “Our annual Builders and Innovators Summit brought together emerging and seasoned entrepreneurs from a diverse set of industries . The focus was on building great and enduring companies that reshape their industries and make the world better through innovation.” Let’s see, what would Clinton know about entrepreneurship? Nothing! Is she a business innovator? No! I guess she could provide lessons on crony capitalism. Maybe she talked about how her and Slick Willie’s Whitewater investment landed all of their fellow investors in prison but them. I guess you could call avoiding arrest and prosecution innovative.
Hillary Clinton wants to be your champion! Unfortunately, she wants to be president, not your champion, but her political consultants have advised her that she has to pander to the 99 percent. She talks about feeling your pain while lining her pockets with large sums of cash from millionaires and billionaires. She is not your champion, but she is the champion of the nouveau riche.
According to a CNBC survey of millionaires, Hillary Clinton is the overwhelming candidate of choice among millionaires. The survey asked 750 Americans with a net worth of $1 million or more which presidential candidate they favored. Clinton is the champion for 91 percent of Democrats, 13 percent of Republicans, and 57 percent of Independent millionaires. I’m sure these millionaires are well aware that Hillary’s actions do not correlate with her campaign rhetoric.
Hillary Clinton represents the status quo. She has been drinking from the public trough almost her entire adult life. She has parlayed her government paychecks into tens of millions of dollars for her and the Clinton Foundation, so the idea that she is the champion of anybody but Wall Street bankers is absurd. She doesn’t want to topple the 1 percent as she has been claiming on the campaign trail. Why would she want to chop down her money tree?