August 18, 2004

RepublicansDemocrats are the party of the rich

Alpha Patriot has the lowdown and the links. Excerpt:

...Take a look at the top 25 contributors to 527s for the 2004 election cycle. Who do you think tops the list? George Soros?

No, Soros is second with a measely $12.6 million, well behind Peter Lewis who has thrown out over $14 million.

How far down the list must you go to find a conservative? Carl Lindner is tied for tenth place just a little over one million dollars. Paul Singer is tied for 22nd with half that.

Together, they account for just 2.6% of the $57,713,283 donated to 527s by the top 25 donors.

Liberals account for 97.4% of the top donations to 527s, giving over $56 million.

Yet they myth continues that it is the Republican Party that is the party of the rich.

Roy F. Hoffman, a retired admiral and chairman of Swift Boat Veterans for Truth, said the first TV ad, which ran for one week in Ohio, Wisconsin and West Virginia at a cost of $550,000, got so much national news attention that it generated an additional $400,000 from 8,000 donors around the country.

Doing the math, the average donation from these 8,000 people is $50.
To match the donations made by 23 rich liberals, 1,123,865 people would have to donate $50 each.

As soon as I make this post I'm going to go change that number to 1,123,864.

Posted by: Physics Geek at 02:59 PM | No Comments | Add Comment
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