Right Thinking From The Left Coast
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Leftists and Money

Michael Moore’s latest idiotic spewing has been posted.  Among the usual collection of lies and gross distortions is this whopper.

And who has been giving Bush all this money in a time of prolonged economic downturn? Why, the companies that trade in money, of course! Of the top twenty contributor’s to the Bush campaign, twelve are finance companies. With more than a year to go until the election, his top contributor, Merrill Lynch, has already given $282,250. Doesn’t it seem just a little strange that the companies which SHOULD be suffering the most in Bush’s destroyed economy, would not only want to keep Junior around, but then get together and pump millions into his reelection campaign?

This leftist meme, that the Republican Party is bought and paid for by big business, is easily disputed.  In fact, I recently blogged on this very subject.  Here’s a quote from a USA Today article.

That task is proving easier for the Republicans because they have a much larger base of small donors, built up over the decades they were out of power in Washington. Democrats, on the other hand, had become more reliant on the now-banned big donations, which they reaped from labor unions and Hollywood liberals.

Both parties get money from big business.  The Democrats get most of their money from big business, while the GOP does so with small donations from individuals.  The GOP for years has challenged the Democrats to disclose the demographics of their donors, and the Democrats have refused.  I wonder why?

And, in answer to Mikey’s question, the answer disproves his contention.  Finance companies know that the best chance they have for improved profits is under Bush’s tax-cutting economic plan, rather than Howard Dean’s economy-destroying idiocy.

Posted by Lee on 08/30/03 at 04:03 PM in Michael Mooron • Permalink

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