Clinton bucks the trend and rakes
in cash from the US weapons industry
By Leonard Doyle in Washington
Published: 19 October 2007
” The US arms industry is backing Hillary Clinton for President and has all but abandoned its traditional allies in the Republican party. Mrs Clinton has also emerged as Wall Street's favourite. Investment bankers have opened their wallets in unprecedented numbers for the New York senator over the past three months and, in the process, dumped their earlier favourite, Barack Obama.
Mrs Clinton's wooing of the defence industry is all the more remarkable given the frosty relations between Bill Clinton and the military during his presidency. An analysis of campaign contributions shows senior defence industry employees are pouring money into her war chest in the belief that their generosity will be repaid many times over with future defence contracts.”
I say that this is interesting yet not in the least surprising given Senator Clinton’s calculated political moves to develop her image as a “defense hawk”; a calculation that began with the DLC inspired vote to support an invasion of Iraq in 2002 and most recently exhibited in her willingness to embrace the saber rattling of the Bush Administration with regard to Iran.
According to article in “The Independent,”
” So far, Mrs Clinton has received $52,600 in contributions from individual arms industry employees. That is more than half the sum given to all Democrats and 60 per cent of the total going to Republican candidates. Election fundraising laws ban individuals from donating more than $4,600 but contributions are often "bundled" to obtain influence over a candidate.”
Senator Clinton will be in Seattle tomorrow to keynote the “Maggies.” I wonder if an ulterior motive might be to pick up some of that Boeing money in person?
Peace,
Chad (The Left) Shue
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