Democratic Party of the Rich. Party of the Big Contributors!
by James Denison - 3/11/04 11:23 AM
I found this statement in middle of the story very revealing about exactly who it is that is still the party of the Rich, the party of the Big Contributors. Republicans raise their money from the people at the grassroots level, but those oily Democrats have to depend on big money contributors, you know, those rich dudes they are always accusing the Republicans of supporting and getting support from. Hypocrites and Liars are the Democrats.
The loss of unlimited contributions hits the Democrats hardest.
For years, Republicans have been more successful in raising
smaller, limited contributions. In the past year, Republicans have
outraised Democrats, $183 million to $82 million, in regulated
"hard" dollars; that doesn't count the estimated $200 million Bush
is raising for his re-election. In the past, Democrats used big
checks from Hollywood, organized labor and trial lawyers to
partly offset the GOP advantage.
When the law banned those six- and seven-figure contributions,
it meant much of the activity they financed including TV
issue ads, grass-roots organizing and coordination was
threatened. "It became an urgent emergency on our side," says
Joseph Sandler, chief lawyer for the Democratic Party. The
only short-term answer was the creation of groups that could
take over some of the money and functions denied to the
national party....(see link)