New York Times: ‘Where Has Hillary Clinton Been? Ask the Ultrarich’

The establishment’s favorite newspaper is giving the public a brief glimpse of how Hillary Clinton is spending much of her August in the company of very wealthy favor-seekers. According to The New York Times,

Mr. Trump has pointed to Mrs. Clinton’s noticeably scant schedule of campaign events this summer to suggest she has been hiding from the public. But Mrs. Clinton has been more than accessible to those who reside in some of the country’s most moneyed enclaves and are willing to spend hundreds of thousands of dollars to see her. In the last two weeks of August, Mrs. Clinton raked in roughly $50 million at 22 fund-raising events, averaging around $150,000 an hour, according to a New York Times tally.

And while Mrs. Clinton has faced criticism for her failure to hold a news conference for months, she has fielded hundreds of questions from the ultrarich in places like the Hamptons, Martha’s Vineyard, Beverly Hills and Silicon Valley.

“It’s the old adage, you go to where the money is,” said Jay S. Jacobs, a prominent New York Democrat.

Mrs. Clinton raised about $143 million in August, the campaign’s best month yet. At a single event on Tuesday in Sagaponack, N.Y., 10 people paid at least $250,000 to meet her, raising $2.5 million.

If Mr. Trump appears to be waging his campaign in rallies and network interviews, Mrs. Clinton’s second presidential bid seems to amount to a series of high-dollar fund-raisers with public appearances added to the schedule when they can be fit in. Last week, for example, she diverged just once from her packed fund-raising schedule to deliver a speech.

… To businessmen who complain to Mrs. Clinton that President Obama has been unfriendly to their interests, she says she would approach business leaders more like Mr. Clinton did during his administration, which was widely considered amicable to the private sector.

When financiers complain about the regulations implemented by theDodd-Frank financial overhaul, Mrs. Clinton reaffirms her support for strong Wall Street regulation, but adds that she is open to listening to anyone’s ideas and at times notes that she represented the banking industry as a senator.

The wealthy contributors who host Mrs. Clinton often complain about her opposition to the Trans-Pacific Partnership and express concerns that Senator Bernie Sanders of Vermont pushed her to the left on trade and other issues. Mrs. Clinton reminds them she has both opposed and supported trade deals in the past.

… Another advantage to choosing private fund-raisers over town halls or other public events is that Mrs. Clinton can bask in an affectionate embrace as hosts try to limit confrontational engagements

… “The Hamptons is full of powerful, wealthy people who are bored and go to constant social events to see who else got invited and to show your status,” said Ken Sunshine, a veteran Democratic activist and public relations executive with a home in Remsenburg, N.Y. “This year,” he added, “going to a Clinton event is at the very top of the list.”

Read the rest here.

 


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