Compared to some of the biggest Democratic donors and politicians, Romney is a piker. But somehow, the mainstream media have avoided pointing out that Barack Obama's big donors are some of the richest individuals and corporations in the world. The big three who favor Obama and the Democrats are Bill Gates of Microsoft; Warren Buffet, the prairie magus; and Larry Ellison of Oracle fame. Sixty percent of the individuals on Forbes's Top Twenty List are Democrats. Consider “family wealth” where one individual enriched all his relatives (like the Kochs and the Waltons) and the ratio becomes 75% to 25% Democrat.
The contributions from megacorporations tend to mimic those of the Democrat-leaning individuals. In both cases, the Democrats have more and give less than Republicans. Romney himself showed that if he had not contributed to non-profit charities on the tax filing he has released, his tax bite would have been close to twenty-three percent. That's about comparable to what the “middle class” is paying, at least until Obama finishes with destroying the middle class.
Within that Top Twenty, Democrats not only outnumber Republicans, but they also have a decided edge in their wealth. Democrats out-wealth the Republicans on the list by $263.1 billion to $143.9 billion, or about two-to-one. But when it comes to charity, Republicans contribute more than Democrats. Sure, it's a tax deduction, but the money goes directly to the charities rather than passing through multiple layers of federal bureaucracy and misuse of taxpayer funds to get to the same people needing help. The Democratic presidential team of Obama and Biden is notably cheap in giving to charity. The team of Romney and Ryan is much more generous, and both give freely to their respective churches.
So—the mega-rich Democrats must be spending money to support their belief in the Democratic Party, right? Well, no. At least nowhere in the same proportions as believing Republican billionaires. From that Top Twenty, the Democrats in this cycle so far have spent $2.1 million in direct contributions to either the Democratic Party or a Democratic candidate, where the Republicans have spent $5.2 million of their party or their candidate. Figures on spending on the much bigger PACs are harder to calculate, but appear to reflect direct contributions.
Again the Democrats never mention these discrepancies between what they say and what they are. The mainstream media play right along, attacking the Kochs and Waltons for not paying their “fair share” while never making a peep about George Soros. Democrat Jon Corzine made so much money at Goldman-Sachs and MF Global that he was able essentially to buy the governorship of New Jersey and then its Senate seat. When MF Global came up billions of dollars short, Corzine basically shrugged his shoulders and said “s**t happens.”
I have no resentments for rich people regardless of their party. I wish I had as much, but I don't and that's life. I don't want to take their money away from them to equalize my wealth. What I do resent is a political party which claims to be the party of the poor and middle class having so many mega-wealthy members while using lies and the mainstream media to paint the Republican Party as the party of the undeserving and uncaring rich.
If you can't blow the picture up enough by clicking on it, the words at the bottom say "you are what you eat."