A look at political donations shows that the big-dollar contributors put their money on the Democrats. So which group is really the party of the rich?
For decades, the Democrats have been getting away with portraying Republicans as hateful men who do the bidding of the wealthy at the expense of the country's poor and middle class.
Yet as the Associated Press reported just before Christmas, "it's actually the liberal-minded who shelled out the most cash in the just completed midterm elections."
What's more, "the two biggest super PACs of 2014," the "Senate Majority PAC and House Majority PAC," were both backed by Democrats.
The AP, using data from the Center for Responsive Politics, continues:
• "Among the 183 groups that wrote checks of $100,000 or more to another group, Democrats had a 3-to-1 cash advantage."
• "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."
(Excerpt) Read more at news.investors.com ...
