Hedge funds gave Clinton $48500000. They gave Trump $19000. (user search)
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  Hedge funds gave Clinton $48500000. They gave Trump $19000. (search mode)
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Author Topic: Hedge funds gave Clinton $48500000. They gave Trump $19000.  (Read 1795 times)
RINO Tom
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Posts: 17,073
United States


Political Matrix
E: 2.45, S: -0.52

« on: July 31, 2016, 11:39:25 AM »

In a close, contested election, Wall Street shows who they really want (Romney got way, way more than Obama in 2012), but they're going to back whomever they think the winner is going to be, if they perceive it to be obvious.
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RINO Tom
Atlas Icon
*****
Posts: 17,073
United States


Political Matrix
E: 2.45, S: -0.52

« Reply #1 on: August 01, 2016, 02:52:55 PM »

In a close, contested election, Wall Street shows who they really want (Romney got way, way more than Obama in 2012), but they're going to back whomever they think the winner is going to be, if they perceive it to be obvious.

I'm going to disagree with you here.  Trump is pretty unacceptable to the Wall Street crowd on three basic fronts - trade, immigration, and general volatility - that makes them nervous.  I doubt they actually believe Hillary will landslide this election, as it would belie most of the polling data we see.

Considering Hillary Clinton is more protectionist than Trump and is calling for very progressive reforms of how Wall Street does business, I'd say either they VERY much care about volatility, or they're quite confident Hillary is going to reach 270.
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RINO Tom
Atlas Icon
*****
Posts: 17,073
United States


Political Matrix
E: 2.45, S: -0.52

« Reply #2 on: August 01, 2016, 04:57:55 PM »

In a close, contested election, Wall Street shows who they really want (Romney got way, way more than Obama in 2012), but they're going to back whomever they think the winner is going to be, if they perceive it to be obvious.

I'm going to disagree with you here.  Trump is pretty unacceptable to the Wall Street crowd on three basic fronts - trade, immigration, and general volatility - that makes them nervous.  I doubt they actually believe Hillary will landslide this election, as it would belie most of the polling data we see.

Considering Hillary Clinton is more protectionist than Trump and is calling for very progressive reforms of how Wall Street does business, I'd say either they VERY much care about volatility, or they're quite confident Hillary is going to reach 270.

Hillary is not more protectionist than Donald Trump lol. Donald Trump has spent his whole entire life fighting against his free trade. His whole campaign his based around immigration and trade (and nothing else). Don't get me wrong, Hillary is still a protectionist overall, but she isn't as anti-free trade as Donald Trump. Donald Trump has literally called for a f'ing 45% tarrif on all Chinese exports (unlike Hillary). How is Hillary more protectionist than he is?

Donald Trump consistently emphasizes that he's for free trade but doesn't like our current deals and would negotiate better ones; Hillary Clinton just gladly endorsed Bernie Sanders' trade position at the DNC.  Is Trump's position absurd and intellectually hollow?  LOL, of course.  But I'd say it's "to the right" (yes, I consider being pro-free trade an economically conservative view) of Hillary, and what does it matter?  Both tickets are clearly protectionist (though Pence is hilariously a committed free trader), which was my point to RFayette: Wall Street isn't against Trump just because of trade, or they would not be supporting Hillary, especially when Trump is WAY to the right of her on other fiscal issues (even if he's left of where the party leadership would like him to be).
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