In his weekly radio address, President Obama showed his dismay at the Supreme Court’s decision to remove corporate campaign finance limits, warning of a pending deluge of special interest money into our democracy—a subject he knows quite well as he continues to fight for health care reform.
Both the Democratic and Republican parties are experiencing a unique form of financial comeuppance, as the economic recession they were in charge of preventing—that has now caused a 8.4 percent national unemployment rate—is causing a dramatic drop in the level of political party donations.
You may have knocked on doors for Barack Obama, but it’s possible you gave money to John McCain. GoodGuide has a tool that sorts donations by party, logo and industry. Tech companies seem to prefer Democrats while food companies love Republicans. The banks, of course, throw money at everybody.