The Party of the Rich

One of our regular liberal guests has made quite a few comments about Republicans being the party of  so-called big business, fat cats.  Of course, this is far from the truth.  The Republican Party gets most of its funding from small dollar contributors, and big business splits it contributions fairly evenly between the parties.  You can visit the AZ Secretary of State’s website and look up contributions from any “big business PAC”, such as Bank of America, Cox Communications, etc.

Mona Charen points to some interesting facts:

Fundraising. Republicans are still portrayed as the little Monopoly-man capitalists by the media, but the truth is that Democrats are now (alas) the party of the rich. As Peter Schweizer reported on National Review Online last year,

“In 2004, Democrats made up 15 of the 25 individuals who gave more than $2 million to 527 groups. Of the Senate and House candidates who received ‘bundled’ contributions that year, 9 out of the top 10 in the Senate and 8 out of 10 in the House were Democrats.

. . . In 2002, those who gave a million dollars or more gave $36 million to the Democrats and only $3 million to Republicans, a 12:1 ratio.”

Fundraising for 2008 has so far vastly favored the Democrats. Over the past three months, the top three Democratic candidates have raised $68.5 million compared with $48.7 million for the top three Republicans.

I hate to spoil it for my liberal friends, but Minnesota Governor Tim Pawlenty correctly describes the Republican Party as the party of the Wal-Mart shopper.  Its the Democrats that do the bidding of fat cats like George Soros and The Time-Warner-AOL media empire.


Comments

  1. Brian Symes says

    Chad, Glad to see you read my e-mails…

  2. kralmajales says

    This is totally bogus. You can say the same thing about small donors from with the Democratic party. Small donors are always the most numerous, but it does not make them the most important constituency.

    Far and away, the GOP has been the party of the Chamber of Commerce, and the business friendly party through its mantra of lower taxes and less regulation for thee. Maybe this is changing and maybe the GOP is more like the populists of old (conservative on social positions and very very protectionist and jobs). Have ya’ll gone union on me now too?

    It is true that big business donates heavily to both parties, but the largest donors of the GOP are still far and away corporate and that constituency is still one of the biggest and most important to the GOP. The business moderate types that support Kyl, McCain, and the Republican party traditionally, are moving however because they don’t like enormous deficits, don’t like the big spending, and don’t like your isolationist views on immigration.

    I do think this split is real and your data may be simply showing that fact.

    I think things have changed as of late though and maybe this has something to do with the data you have reported. It may be the case the the lower taxes, regulation-free environment that you once espoused (or still do) doesn’t hold much water anymore as a single party strength.

    I do, strongly, believe that business and the business man is a key constituent of your party..I also think this debate over immigration is likely to lose them.

  3. Brian — my best ideas come from other people 🙂

    Kral — you’re in denial. The fat cats are Dems. The Republicans rely much more on small donations than do the Dems. Small business is overwhelmingly Republican, but big business plays both sides, eventhough, as you correctly state, Republicans are the party of low taxes and less regulations.

    But Big Business loves government money, special tax breaks and hand-outs. It likes to put regulations on the competition, but wants insurance regulations do not hurt them too much. That’s why Big Business gives to Dems. Democrats seems happy to take that corporate money.

    The Dems could prove me wrong by disavowing all corporate money. But that’s not likely to happen. Is Hillary still cashing-in from being on the Wal-Mart Board of Directors?

  4. GOP Boomer Gal says

    There are elites in both parties, but none more elite than a senator who gets away with murder.

  5. Kral,

    It is really counter-productive to get in a war of financial facts with Chad. He does his research well and is not whistling in the breeze hoping no one notices. You might take on someone else on perceptions, but Chad will bury you on financial facts.

    Good job, Chad. Another myth blown away. By the way, did you know that the average income of the delegates to the Republican Conventions this decade was way below the average income of the delegates to the Democrat Conventions?

    Hmmmmm. Party of the rich?

  6. Thanks GOP PK. I did not know about average incomes of delegates. I did read that 2/3 of delgates to the 2000 Democrat Convention were members of a government union.

    One could conclude Democrats represent government, Republicans the rest of American workers. OK, not fair — Democrats also have the trial lawyers.

  7. The last Senatorial campaign in Arizona was the costliest in US history. Mostly due to the huge dollars spent by the Dem candidate, who was using his own dollars to try and buy the seat. This campaign was on the heels of the last Presidential election, in which another very wealthy Dem spent huge amounts of his own money in an effort to sway the public to their side. But such a standard had long been established by the senior senator from Massachusetts who was able to evade everything from murder to much lesser infractions and buy his campaign success for many years. George Soros, John Sperling, et al are very wealthy benefactors of all causes liberal.

    The public face of the Democratic Party is quickly becoming the party of the wealthy candidate with plenty of funds to finance whatever they desire and spin in order to attempt credibility with the backing of the most liberal and wealthy politically motivated individuals and groups, AFL-CIO, Teamsters, TNC, to accomplish the goals of the liberal agenda. Find new voters and do whatever is necessary to keep them. The mantra of the working man has long been diminishing, with party leadership doing anything possible to create a new image in order to stay relevant to the people. The civil rights movement is a case in point. When our country developed a new awareness with hard work and individual responsibility born of the Depression and WWII, bringing with it the sense of less government is better and individual efforts always trump state control; the “D” voter rolls were declining rapidly. The rural Democrat was now a Republican. The Dems who had become irrelevant saw the ability to gain voters by forming the divide between white and all others, with the Dems as the only protector against evil Republican (rich white) domination, as the only way to survive. The time is up on that ruse.

  8. kralmajales says

    There is no doubt that most of what we call business in America has long been the constituency of the Republican party. I don’t know where you are getting this new populist streak of the Dems are the party of the rich stuff.

    There are rich on both sides no doubt and there are the largest number of small donors on both sides. However, to say that the business constituency of the Chamber of Commerce and most other major business PACs are not Republican is folly.

    Although, this may be changing. Business does go both ways when they have the chance to influence government policy. They also know when they are being attacked, like they are now by populist Republicans nationwide on things like immigration.

  9. kralmajales says

    Ann, you note the influence of unions, Soros, and others. You do not note the influence of the business PACs in this country which donate heavily to Republican causes over Democrat ones. Unions represent workers. The American Chemical Manufacturers, developers, real estate, the Oil PACs, the U.S. and local Chambers of Commerce traditionally vote and donate Republican. Why? Because they generally would use the power of the government to slash regulations, slash taxes, and use govt. power to make a friendly business environment.

    Look at most of the business groups in S. Arizona…and which way they lean. Click and the gang pretty much are the sugar daddies of the GOP.

    The difference now that I see is that the tone of populist Republicans is making Dems look a whole lot more reasonable. Maybe that is the reason for Chad’s numbers.

  10. Jim Click may be a wealthy GOP contributor but John Sperling (Apollo Group)and his friends are easily the Maricopa County counterpart with their loyalty being very liberal causes. The point being no party has a monopoly on “fat cats” and the Dems are not the best, last, and only hope of “the working people” to see them fairly represented. In fact, the economy is strong and the quality of American life is largely due to Republican leadership in spite of Dem attempts to big government and high taxes.

    On a national level how do you compete with the Hollywood hyperbole; Kanye’ West can kidnap a nationally televised Red Cross charity event and say horribly untrue things without a smidgen of measurable outrage yet conservative talk radio is under scrutiny and threats of The Fairness Doctrine?

  11. kralmajales says

    I dont know, maybe I am the only one here that sees what I am seeing here…and that none of you here worry about that fact that:

    Your donations are falling massively.

    That key business supporters…including the Chamber…want heads because you are going too far on immigration.

    That conservatives are starting to challenge solid Republicans in primaries…long time incumbents who represent the people well. Pearce is going to challenge Jeff Flake, Al Melvin challenging Hershberger, etc.

    The so called RINOS are what have made your party able to elect and govern in the past. You have turned on them.

    Beware.

  12. Kral,

    I do not disagree with some of your sentiments. The “too far” on immigration is the symptom. Jealousy of one’s own power and the desire for more has become the illness from which some suffer and others have imitated until they too, have fully succumbed. Unfortunately, I fear the unintended consequences of the collateral damage will be all of ours to bear.

  13. The Republicans truly are the party of the rich. The statement that they get most of their contributions from small donors is false. The large donors are coached by Republicans using legal and illegal methods for hiding their huge contributions, and making it appear as though they are small donors.

    See this link for the real story:

    http://www.commondreams.org/headlines/080200-03.htm

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