Friday, July 29, 2016

Hedge funds

People often say that the purpose of business is to make a profit, so if a business invests in something it is because they expect a return. Thus when a business makes a campaign contribution is follows that they expect something from the candidate. The last election Romney was excoriated because he was a hedge fund manager. To many, these money types are part of the system that is rigged against the working people. Owners and employees of hedge funds have made $122.7 million in campaign contributions this election cycle, according to the nonpartisan Center for Responsive Politics. The data show seven financial firms alone have generated nearly $48.5 million for groups working on Clinton’s behalf. The total for Donald Trump: About $19,000. Either these firms are not very bright or they believe that Hilary will be better for them than Trump. This is the same Hilary who says she will take on Wall Street and fight for the little guy and there will be a whole lot of little guys vote for Hilary.

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