Democrats: The Real Party Of The Rich
Free Speech: Right after the Supreme Court's decision to lift limits on campaign contributions, Democrats and their left-wing supporters assaulted the decision as a boon to Republicans, "the party of the rich."
This of course is part of a far-wider narrative — slavishly repeated by largely unquestioning liberal media — that the GOP outspends Democrats on campaigns thanks to big-buck donors like the billionaire Koch brothers.
But, as it turns out, that's a lie — as big a lie, in fact, as "you can keep your insurance," "you can keep your doctor" and "ObamaCare will bend the cost curve down."
By almost every measure, in fact, it's the Democrats, not the Republicans, who are the party of the rich.
Start with Congress itself. Who are the wealthiest members? Well, there are 269 millionaires among Congress' 535 members. And most of them are Democrats.
And contrary to the hand-wringing on the left about the Supreme Court's 5-4 McCutcheon v. Federal Election Commission ruling Wednesday, Democrats far outspend Republicans on elections. It isn't even close.
According to OpenSecrets.org, from 1989 to 2014 rich donors gave Democrats $1.15 billion — $416 million more than the $736 million given to the GOP. Among the top 10 donors to both parties, Democrat supporters outspent Republican supporters 2-to-1.
But what about the villainous Koch brothers, those conservative plutocrats supposedly seeking to control American politics? They rank 59th on the list of big givers — behind 18 unions and No. 1 Act Blue, the massive left-wing fund raiser that gives only to Democrats.
Indeed, a recent book, "The New Leviathan," says donations to Democrats outstrip those to Republicans 7-to-1. How can this be? Democrat support soars when you include unions, universities, superPACs, nonprofits, left-wing interest groups, and — ready for this? — Wall Street (which overwhelmingly favors Democrats).
So Democrats don't really want to restrain money in politics. Just the money that goes to Republicans.
Voters need to stop listening to the lies. Since 2008, the number of people who call themselves middle class has plunged from 53% to 44%, according to a new survey by the Pew Research Center.
And, by President Obama's own admission, his party's control of Congress and the White House has led to 95% of all income gains going to the top 1% in income.
So please, enough of this about Democrats being the party of the little guy.
Read More At Investor's Business Daily: http://news.investors.com/ibd-editorials/040214-695716-democrat-political-donations-outstrip-republicans.htm#ixzz2y14Vop6C
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