Wednesday, February 23, 2011

"Anti-bailout anger is not anger at the rich, but anger at those unfairly getting rich - at the taxpayer's expense. "

Democrats just don't understand the new populism
"Even so, Obama's Democratic National Committee now thinks it has the winning hand in the labor scuffles that began in Wisconsin this month. In the view of the Left, the Democrats are standing with the working man against the greedy. The acrid Paul Krugman wrote in the New York Times that government unions provide a 'counterweight to the political power of big money.'

Hard facts utterly contradict Krugman's claim. First, unions are 'Big Money.' Of the top 10 sources of political contributions since 1989, according to the Center for Responsive Politics, five are unions. Of the top 20 sources of 2010 campaign funds, 10 are unions.

And the notion that Big Labor is cancelling out Big Business -- well, that's a Big Lie, too. The 10 industries that contributed the most during the 2010 elections -- from Wall Street to government unions -- all gave more to Democrats than to Republicans.

The top donor to House and Senate campaigns in the 2010 elections -- the Service Employees International Union -- is otherwise known as 'Obama's Union.' The company that spent the most on lobbying in 2010 -- General Electric -- is also known as 'the for-profit arm of the Obama Administration.'"