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A free floating commentary on culture, politics, economics, and religion based on a passionate commitment to the truth and a desire graciously to refute that which is contrary to it….
"He must hold firm to the sure word as taught, so that he may be able to give instruction in sound doctrine and also to confute those who contradict it."
--Titus 1:9, Revised Standard Version
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Make no mistake, there is no shortage of [smaller donors such as] Susan Daoles this year: Roughly 2.5 million people have kicked in $200 or less to the various committees helping their candidate win the White House.
But those 2.5 million people account for less than 18 percent of the total money haul.
By contrast, 2,100 donors giving $50,000 or more have contributed about $200 million to the Obama and Romney campaign committees, victory funds and their supportive super PACs. That’s far more than the $148 million all those 2.5 million small donors contributed through the end of June, according to an analysis of Federal Election Commission data by POLITICO and the Campaign Finance Institute.
In other words: In an election purportedly being driven by the economic concerns of the middle class, the top 0.07 percent of donors are more valuable than the bottom 86 percent.
Read it all.
Filed under: * Economics, Politics Economy Consumer/consumer spending Corporations/Corporate Life Politics in General * International News & Commentary America/U.S.A. * Theology Ethics / Moral Theology
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