For all the talk of Republicans being the party of big businesses facts point in the other direction. A new report out shows that 29 out of 30 Dow Jones have donated to support the Clinton Foundation.
The blue-chip political investment for big business is Clinton Inc.
Twenty-nine of the 30 Dow Jones (INDU) Industrial Average index companies have given money or in-kind support to projects branded by Bill, Hillary and Chelsea Clinton, according to a review of Clinton Foundation and U.S. State Department reports.
The main gates to Clintonworld are the Clinton Foundation, an umbrella group overseeing the former president’s causes such as raising money to help earthquake-ravaged Haiti, and its spinoff Clinton Global Initiative, which recruits corporate sponsors for international charitable projects. Major corporations also responded to a call for cash from the State Department during Hillary Clinton’s tenure.
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“It is always going to raise suspicions,” said David Almasi, the executive director for the Republican-leaning National Center for Public Policy Research who also owns shares of Boeing Co., a Dow member that has donated to the Clinton Foundation and has business interests across the globe. “It’s the appearance of impropriety that is the problem. If they are going to play like this, they are going to have to accept that we are going to be skeptical.”
Wall Street will clearly be in the Hillary camp for the 2016 elections. For the Republicans to have any shot of defeating Hillary they must attack this Corporate Socialist – Democrat Party Axis of Evil. Turning class warfare on its head, the GOP should attack this concentration of economic and political power from the Right. It is not healthy for Capitalism to have Government and Big Businesses tied at the hip. It creates an unfair advantage for well connected people at the expense of market innovation and economic freedom.
Corporate Socialism is a threat to medium and family own businesses who are not politically connected. This will lead to depressed wages and lack of job growth which leads to government dependency. Going after this anti-Capitalist cabal will pay dividends for Republicans if they choose to go that route. Such a stance is not anti-business, on the contrary it is very pro-free market.
Tags: Corporate Socialism
