The issue of campaign financing was raised once again during Monday's debate between the Democrats, so we thought we'd check the numbers and see how much the candidates are getting and from whom. Full Story »
Posted by Kaizar Campwala
This article seems a little misleading. Of course contributions come from many different sources - factory workers, bank employees, lawyers, accountants, etc. But, Clinton has raised considerably more from PACs and lobbiests. I am an accountant, but, if I were to make a political donation, that doesn't necessarily mean I am soliciting any kind of favor from the candidate. The writer keeps comparing monies raised in terms of percentages, saying that there is not much difference between the three. The writer states that Edwards raised 2.5 percent ($537,136) from the health industry. This equates to a total contribution to Edwards of almost $21.5 million. By the same token, if Clinton has raised a total of $90 million (and that is just a guess), then the 3.8 percent she has raised from the health industry would equate to about $3.42 million - not much difference in percentages, but almost $2.9 million more than Edwards. The trouble with percentages is that they do not reflect the real amounts involved. Using percentages is like the government using their fuzzy math and mirrors.
