There’s an old saying in law enforcement, when you’re looking at a criminal enterprise, follow the money. That’s exactly what we need to do with Hillary. There’s another not so old saying with reference to Democrats and money, follow the hypocrisy and Hillary Clinton is setting records for that one.
Democrats have been screeching since the Supreme Court ruled on Citizens United that the nasty Republicans were going to be buying elections with black money. Well wouldn’t you know it, Hillary is the Queen of Black Money.
Clinton’s move last year to lock in fundraising alliances with 33 state Democratic parties has already added $26.9 million to the mountain of hard money she has raised so far, a Bloomberg analysis of Federal Election Commission filings shows. Bernie Sanders, her competitor for the nomination, has inked one such deal, netting a total of $1,000.
The agreements, thanks to a 2014 U.S. Supreme Court decision, make it possible for major donors to give hundreds of thousands of dollars in hard money to a candidacy, amounts far greater than the $2,700 limit on contributions directly to a campaign.
At least 24 donors have given $300,000 or more to the fundraising vehicle, known as the Hillary Victory Fund, including Haim and Cheryl Saban, George Soros and Daniel Abraham, longtime donors to both Bill and Hillary Clinton’s political campaigns and the Clinton Foundation. The only other way to make such large contributions is through outside groups, such as super-PACs, which can take unlimited donations but can’t coordinate with the candidate.
Is that the candidate controls the money. So Hillary is controlling $27 million of large donations from billionaires (and Bernie Sanders has total control over that $1,000) so she can spend it as she likes. That means she cannot only buy advertising, she can also buy off the state Democratic parties.
If you want to know who Hillary Clinton serves just follow the money. The Sabans and Abraham each have given at least $1 million to the group, and Soros contributed $6 million.
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