Tuesday, October 05, 2010

Republicans Using Foreign Money to Buy the Election

Read the explosive story here. The Chamber of Commerce, the most repulsively anti-worker, reactionary group in America, is pouring money into campaign commercials for Radical Right-wing Republicans. And they're using foreign money to do it. Think Progress has the goods:

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...

There are many reasons foreign corporations are seeking to defeat Democratic candidates this November. The Chamber has repeatedly sent out issue alerts attacking Democratic efforts to encourage businesses to hire locally rather than outsource to foreign counties. The Chamber has also bitterly fought Democrats for opposing unfettered free trade deals. To galvanize foreign businesses, the Chamber has commissioned former Ambassador Frank Lavin — who served as the McCain-Palin Asia campaign director and has appeared on television multiple times recently saying a Democratic Congress is bad for business — to speak before various foreign Chamber affiliates to talk about the stakes for the 2010 midterm elections.

The Radical Right Chamber of Commerce has always despised working people. Now they're using foreign money to wage war on them.

We have not heard the last of this. Count on it.

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