I have known this for a long time!
Federal Election Commission data show that many of the very wealthiest political players are now in the Democratic column. Today's most aggressive political donors by far are lawyers--who donated $98 million dollars to 2004 political candidates as of June. (By comparison, the entire oil and gas industry donated $13 million.) And rich lawyers do indeed tilt strongly Democratic: 71 percent of their contributions went to Democrats, 29 percent to Republicans.
Migration of the rich and powerful to the Democrats has been so pronounced that Democratic nominee John Kerry has actually pulled in much more money than sitting President George Bush this spring and summer. Kerry's monthly fundraising totals have routinely doubled or even tripled Bush's totals. And the money on the Kerry side has come much more from rich individuals, while Bush has relied on flocks of small donors. So which is the party of the people now?
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