[lbo-talk] I hope you all vote(d) for Obama

Doug Henwood dhenwood at panix.com
Wed Feb 6 05:44:01 PST 2008


On Feb 5, 2008, at 8:39 PM, Julio Huato wrote:


> Why? A hint can be gleaned from the campaign fund stats:
>
> http://www.opensecrets.org/pres08/donordems.asp?cycle=2008
>
> Obama's distribution of funds is significantly wider (smaller
> donations, more donations) than Hillary's. People do talk with their
> money. Hillary's social base of support is narrower and richer.

Yeah, but not by all that much. Obama has plenty of support from the FIRE sector. He did quite well with hedge funds and private equity <http://www.opensecrets.org/pres08/select.asp?Ind=F27>. His contributions from pharma are just behind HRC's. Hillary's significantly ahead on real estate (which, as I recall Ferguson & Rogers' Right Turn, has historically been a base for a more liberal urban policy, because public spending helps raise r.e. values), but he's not far behind her in securities and investment. As with most things besides the capacity to intoxicate (and dull the critical faculties), there's little difference between them on financial base.

Doug



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