Saturday, June 28, 2003

That's what happens when you believe your own campaign speeches
The Washington Post amuses with Democrats Discovering Campaign Law's Cost:
The evidence is growing that Democrats shot themselves in the foot by forcing passage of the McCain-Feingold campaign finance law restricting what had been unlimited "soft money" donations to political parties.

A report released yesterday by the Center for Responsive Politics, a watchdog group, found that, contrary to common perceptions, Republicans have a big advantage over Democrats in donations from small donors, while Democrats are king among only the biggest.

The study, analyzing donations during the 2002 campaign cycle, found that those little guys giving less than $200 to federal candidates, parties or leadership political action committees contributed 64 percent of their money to Republicans. By contrast, those fat cats giving $1 million or more contributed a lopsided 92 percent to Democrats. The only group favoring Democrats, in fact, were contributors giving more than $100,000.
Too bad for "the party of the people."