Skip to content
Advertisements

Is Hillary Clinton using her Wall Street speaking fees to help fund her campaign?

April 11, 2016

clinton_wide_eyed_afp In an attempt to “out-Sanders” Bernie Sanders Hillary Clinton has been campaigning against Wall Street and the rigged system (which is quite ironic considering how the Democratic party has rigged this primary election in her favor) however this poses a bit of problem for the former Secretary of State due to the exorbitant speaking fees she has garnered from Wall Street over the years.

  This hypocrisy has not been lost on the Senator from Vermont who called her out during one of the debates and asked her to release the transcripts of her speeches to Goldman Sachs. She said she would look into the possibility but so far that is as far as it has gone, she has not released them and there is probably no chance she will.

  Now the story gets even more interesting because according to this story Hillary Clinton has been quietly self-funding a portion of her campaign and it is being speculated that part of the money may be coming from the speeches she made to Wall Street.

 Here is more:

Recently filed campaign finance reports may shed light on how Hillary Clinton is using some of the money she collected from her hefty speechmaking fees from Wall Street banks and other special-interest groups: She is plowing an increasingly large amount of her funds, $560,983 as of last month, back into her presidential campaign.

The degree to which Clinton is seeking to self-fund her campaign has so far gotten virtually no attention from the media and pales in comparison to the $25 million Donald Trump has loaned his campaign.

Still, “the amount of money is striking,” said Lawrence Jacobs, the director of the Center for the Study of Politics at the Hubert Humphrey School of Public Affairs at the University of Minnesota. “It seems to be an important piece of the puzzle. One question [about Clinton’s speeches] is why she would take the risk of taking so much money from Wall Street and other interest groups. Now we see the full picture. It appears she needed some of the cash to finance her campaign.”

  The article goes on to state that while she has raised hundreds of millions of dollars in this election cycle that she is far and away her biggest donor. Of course Hillary Clinton is denying that she is using Wall Street speaking fees to help fund her campaign but we all remember that the former Secretary of State claimed that she and her husband were “dead broke” when they left the White House all those years ago.

 The Clinton’s have made the majority of their millions of dollars since leaving the White House through speaking fees (in addition to the money they are funneling through The Clinton Foundation) and technically she may not be directly using the speaking fees to fund her campaign.

  But if she deposits the speaking fees into her bank account and then withdraws funds from her back account to help fund her campaign, and this is where the majority of the Clinton’s wealth has come from, I think it is pretty obvious where the money she is using to self-fund her campaign is coming from. And if this is true can it really be called self-funding…

malo periculosam libertatem quam quietum servitium

Advertisements
11 Comments leave one →
  1. April 11, 2016 9:53 pm

    She is a lawyer so she has been trained to lie. Here is her answer on money from fossil fuel. Green Peace activist says fossil fuel industry and Hillary rebuts saying individuals. Lawyers parse words all the time – Bill the meaning of it and that women, Obama classified and classified.

    What about all the quid pro quo money that the Clinton foundations received while she was Secretary of State?

    As Hillary said in the past:

    She should just tell everyone to go effoff! She is above the law and quit bothering her with these issues.

    Liked by 1 person

    • April 12, 2016 5:41 am

      Sadly it is true that it will not make a difference…

      Like

  2. petermc3 permalink
    April 12, 2016 6:05 am

    The lingering question should be how will President Clinton and First Hombre Bill raid the US Treasury and how will they deal with anyone who questions them?

    Liked by 1 person

    • April 12, 2016 8:05 am

      Right idea but, the US Treasury is not what they will raid – it does not control anything. What they will control is the US budget. Everything will be for sale to the right friend. Quid pro quo – give to the Clinton Foundation and like magic you are given a government contract, loan, or appointment. The U.S. national debt will blow through the roof. The next SCOTUS judge will be paid for by the corporate elite and rule in their behalf.

      Liked by 1 person

      • petermc3 permalink
        April 12, 2016 8:21 am

        Of course, I was just being cute. Not unlike Willie Sutton they will go where the money (and the power) is, the banks.

        Liked by 1 person

      • April 12, 2016 7:25 pm

        Exactly! We have already seen the way they operate with the Clinton Foundation and it will continue on an even larger level when she is President.

        Like

  3. April 12, 2016 6:21 am

    Apparently there us never enough money in the Clinton bank vault. They are running their own slush fund.

    Liked by 1 person

    • April 12, 2016 7:27 pm

      And it will only grow if she is President…

      Like

  4. April 12, 2016 1:18 pm

    Lawyers and Layers of money rulers – making $$$ out of thin air … they’ve evolved above the money tree!

    (Lou, you’re buddy and pal!)

    Liked by 1 person

    • April 12, 2016 1:19 pm

      oops ‘your’ – I figured you’d know what I meant 🙂

      Liked by 1 person

      • April 12, 2016 7:28 pm

        Didn’t even notice it until you mentioned it!

        Liked by 1 person

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: