Editor’s Note: Looking at the trend of 2012 campaign donations, listening to the 2012 campaign rhetoric, and reviewing the Obama administration’s favoritism to giant corporations, CCU History Prof. Bill Watson asked us to publish again the following post by him that originally appeared on this same blog in January 2010. Word for word, unchanged from what he wrote then, it is still on target as another crucial election day approaches. Please read and heed:
By Bill Watson: We so often hear that the Republicans are the party of the rich, the party of the pampered elite, the party of big business. Why do we unquestioningly accept this falsehood, instead of asking why big business is so cozy with the Democrats?
GE, Microsoft, Comcast and Time-Warner gave overwhelmingly to the Democrats. The big Wall Street banks: Goldman Sachs, J.P Morgan Chase, Citigroup, also gave much more to Democrats