For as often as Democrats attack the conservative billionaires Charles and David Koch for their heavy spending on politics, its actually the liberal-minded who shelled out the most cash in the just completed midterm elections. Among groups that funneled more than $100,000 to allies, the top of the list tilted overwhelmingly toward Democrats — a group favoring the GOP doesnt appear on the list until No. 14. The two biggest super PACs of 2014? Senate Majority PAC and House Majority PAC — both backing Democrats. In all, the top 10 individual donors to outside groups injected almost $128 million into this years elections. Democratic-leaning groups collected $91 million of it. Among the 183 groups that wrote checks of $100,000 or more to another group, Democrats had a 3-to-1 cash advantage. The biggest player was the National Education Association, at $22 million. Not a single Republican-leaning group cracked the top 10 list of those transferring money to others. Overall, for the campaign season that just ended, donors who gave more than $1 million sent roughly 60 cents of every dollar to liberal groups. Among the 10 biggest donors, Democrats outspent Republicans by an almost 3-to-1 margin. The GOP is the party of the middle class and small business. Demcorats are the party of the the rich and the poor. -- excerpted from Democrats the real party of the rich, By Thomas Lifson sidebar: Although the Koch brothers lavishly support various cultural institutions, their support for conservative/libertarian causes has made their names anathema in much of the cultural and media establishment. Democrats are the party that demagogues class warfare rhetoric. Supporting them buys the big spenders a degree of immunity. Democrats are also the party of Big Government, and the mega-rich often find themselves in a position to benefit from BG programs. [ A little subsidy here, a loan guarantee there, tax breaks for following the will of the social engineers – it all adds up.]
Posted on: Fri, 26 Dec 2014 19:10:13 +0000
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