Today’s Washington Examiner posted an article about where campaign money came from in the last election. The numbers are basically opposite of what we have been led to believe.
The article reports:
“Final campaign finance figures from the Federal Election Commission have come in, and they show a very different picture from the one painted by Obama and most of the media. The Democrats’ advantage in money from traditional PAC’s was just about 10 times the size of the Republicans’ advantage from the new Super PAC’s.”
The PAC’s in the healthcare industry gave 58 percent of their contributions to Democrats. The drug industry spent $6.68 million in PAC money on Democrats and $5.12 million on Republicans.
The article further reported:
“Obama’s liked to pose as the scourge of Wall Street, but here again, the facts clash with Obama’s rhetoric. Democrats outraised Republicans from the “securities and investment” industry, according to the Center for Responsive Politics, including a 27.2 percent advantage in PAC money from the industry. Church Schumer was by far the top recipient.”
President Obama has continually claimed that the special interests and big business are in bed with the Republicans. Well, the facts show that Democrats have received more money than the Republicans from special interests and big business. I guess the facts really don’t matter if you can get away with the lie.