Mitt Romney's Bain Advantage [View all]

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Mitt Romney's Bain Advantage

By Michael Beckel

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Employees of Bain Capital, which Romney co-founded, donated $84,500 to Romney's presidential campaign between January and September of this year, according to an analysis by the Center for Responsive Politics. That's more than three times what Bain Capital employees gave to President Barack Obama, who collected $27,500 for his re-election bid in the same time frame.

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Bain Capital employees have donated $123,200 to the coffers of the Democratic National Committee so far this year, according to the Center's research, money the DNC could use to run ads touting the president or criticizing his Republican rivals, or for other activities meant to get Democrats to the polls in November.

While Bain Capital employees have not donated any money to the Republican National Committee in the current election cycle, they've given $1.25 million to a conservative super PAC called Restore Our Future, which is run by former top aides to Romney and is voraciously spending money to help Romney win the GOP nomination.

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A pro-Obama super PAC, Priorities USA Action, has received no donations from Bain employees.

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Bain & Co. employees donated $57,500 to Romney's campaign during the first three quarters of 2011, according to the Center's research. During the same period, they contributed just $3,000 to Obama and haven't given a dollar to the DNC.

All told, Romney has collected about nine times as much money from his two former companies as Obama, including the money donated to the pro-Romney Restore Our Future, according to the Center's research: $1.39 million versus $153,700 to Obama and the DNC.

Of course, employees of the two Bain firms haven't limited their giving to the two presidential candidates and their support structures: They've donated more than $1.9 million to all federal candidates, parties and political committees so far this year, the Center's research shows. Of that sum, 75 percent has benefited Republicans or Republican-supporting groups.

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http://www.opensecrets.org/news/2011/12/mitt-romney-bain-capital-advantage.html

Please don't promote the lies of Democratic Party detractors.

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