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freshwest

(53,661 posts)
42. When Obama spoke out against the Citizens United decision by SCOTUS, he warned us of this:
Sun Feb 8, 2015, 09:11 PM
Feb 2015
Think Progress: Foreign-Funded 'U.S.' Chamber of Commerce Running Partisan Attack Ads



The largest attack campaign against Democrats this fall is being waged by the U.S. Chamber of Commerce, a trade association organized as a 501(c)(6) that can raise and spend unlimited funds without ever disclosing any of its donors. The Chamber has promised to spend an unprecedented $75 million to defeat candidates like Jack Conway, Sen. Barbara Boxer (D-CA), Jerry Brown, Rep. Joe Sestak (D-PA), and Rep. Tom Perriello (D-VA). As of Sept. 15th, the Chamber had aired more than 8,000 ads on behalf of GOP Senate candidates alone, according to a study from the Wesleyan Media Project. The Chamber’s spending has dwarfed every other issue group and most political party candidate committee spending. A ThinkProgress investigation has found that the Chamber funds its political attack campaign out of its general account, which solicits foreign funding. And while the Chamber will likely assert it has internal controls, foreign money is fungible, permitting the Chamber to run its unprecedented attack campaign. According to legal experts consulted by ThinkProgress, the Chamber is likely skirting longstanding campaign finance law that bans the involvement of foreign corporations in American elections.

In recent years, the Chamber has become very aggressive with its fundraising, opening offices abroad and helping to found foreign chapters (known as Business Councils or “AmChams”). While many of these foreign operations include American businesses with interests overseas, the Chamber has also spearheaded an effort to raise money from foreign corporations, including ones controlled by foreign governments. These foreign members of the Chamber send money either directly to the U.S. Chamber of Commerce, or the foreign members fund their local Chamber, which in turn, transfers dues payments back to the Chamber’s H Street office in Washington DC. These funds are commingled to the Chamber’s 501(c)(6) account which is the vehicle for the attack ads:

– The U.S. Chamber of Commerce has created a large presence in the small, oil-rich country of Bahrain. In 2006, the Chamber created a local affiliate called the “U.S.-Bahrain Business Council” (USBBC), an organization to help businesses in Bahrain take advantage of the Chamber’s “network of government and business relationships in the US and worldwide.” As the USBBC’s bylaws state, it is not an actual separate entity, rather it is simply an office of the U.S. Chamber of Commerce’s 501(c)(6) trade association. Many of the USBBC’s board members are Bahrainian, including Aluminum Bahrain, Gulf Air, Midal Cables, the Nass Group, Bahrain Maritime & Mercantile International, the Bahrain Petroleum Company (state-owned), Gulf Petrochemical Industries Company, and First Leasing Bank. With each of these foreign board members to the USBBC contributing at least $10,000 annually, the U.S. Chamber of Commerce raises well over $100,000 a year in money from foreign businesses through its operation in Bahrain. Notably, the membership form provided by the USBBC directs applicants to send or wire their money directly to the U.S. Chamber of Commerce. The membership form also explicitly states that the foreign-owned firms are welcomed.


http://thinkprogress.org/politics/2010/10/05/121701/foreign-chamber-commerce/

That's just the tip of the iceberg. Foreign interests and oil companies also went after a California law on reducing pollution that even the Governator protested. They didn't win, but are definitely into our government.


Recommendations

0 members have recommended this reply (displayed in chronological order):

Couple of assholes pointing the finger at each other. NoJusticeNoPeace Feb 2015 #1
yes, clearly fingerpointing, cuz it leads to greater confusion...aka cover HereSince1628 Feb 2015 #33
BiBi and BooHoo. TheCowsCameHome Feb 2015 #2
Hahahaha!! Ha! bravenak Feb 2015 #3
DUzy! LiberalAndProud Feb 2015 #5
Moooooooooooooo! Thread winner malaise Feb 2015 #7
Did Bibi just shove Boehner under the bus? pscot Feb 2015 #9
Bloody spot on, TCCH. Cha Feb 2015 #25
I like that. nt kelliekat44 Feb 2015 #29
Lol Hassin Bin Sober Feb 2015 #32
My hope is this will lead to his defeat Egnever Feb 2015 #4
It's also time for Boehner to go Warpy Feb 2015 #8
That's about right BrotherIvan Feb 2015 #10
So, then, everyone in the GOP House moves up in the chain of ascension to the Presidency? Better the devil you know. Fred Sanders Feb 2015 #12
Oh that it would be so, Egnever.. both overstepping and having it Boomerrang back on them. Cha Feb 2015 #26
Well, it that safeinOhio Feb 2015 #6
Unfortunately the plan to pressure and embarrass President Obama lacked something....facts. Fred Sanders Feb 2015 #11
As my High School Econ Teacher once told a student Turbineguy Feb 2015 #13
k&r. Thanks for posting. nm rhett o rick Feb 2015 #14
Wisely played by Bibi and Boehner. It'll get millions of votes for them. Support for Israel is freshwest Feb 2015 #15
I disagree brush Feb 2015 #28
Sorry, but Republicans, Baggers, etc. find bullying attractive. They love 'strong, manly men,' and freshwest Feb 2015 #36
One should ask which country do they pledge? DearAbby Feb 2015 #38
When Obama spoke out against the Citizens United decision by SCOTUS, he warned us of this: freshwest Feb 2015 #42
I still don't think that speech will come off. brush Feb 2015 #40
I hope it doesn't... But with Adelson, the Koches and GOP joined at the hip, IDK. freshwest Feb 2015 #41
The more they let this go on, even the more information gets out about the politics. There is a kelliekat44 Feb 2015 #30
They may see the light, but they've been taught from birth that Israel is untouchable. freshwest Feb 2015 #37
"Christian churches" heck sitting US Senators... Agony Feb 2015 #34
Oh ho ho LittleBlue Feb 2015 #16
Boehner??!? LIED??!? No Way!! lastlib Feb 2015 #17
can ANYBODY say sedition? pansypoo53219 Feb 2015 #18
I see Boner color coordinated his neck tie. lpbk2713 Feb 2015 #19
Well, well, well! Pubs turning around and biting one another! How refreshing! Nay Feb 2015 #20
There will be consequences hollowdweller Feb 2015 #21
GOP has had a ruff week,,, Cryptoad Feb 2015 #22
It's all spin/damage control until Netanyahu cancels his speech nt riderinthestorm Feb 2015 #23
K&Rn/t Dalai_1 Feb 2015 #24
Israeli official blames John Boehner for Netanyahu speech screw-up eridani Feb 2015 #27
Demer never told John Kerry when he met with him dmr Feb 2015 #31
"Obama knew" was a topic of RW articles last week underpants Feb 2015 #35
this could be fun to watch! spanone Feb 2015 #39
R#67 & K n/t UTUSN Feb 2015 #43
anybody who supports Ramses Feb 2015 #44
... Mira Feb 2015 #45
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