Union-Backed Critic of U.S. Chamber Asks IRS to Probe Political Funding

[ProSense]

Source: Bloomberg

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The group, U.S. Chamber Watch, is filing an amendment to an earlier complaint with the Internal Revenue Service asking for an investigation. It alleges that the chamber may have misstated financial transactions and given improper compensation to Chamber President Thomas Donohue.

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“What the chamber has done is overstepped its bounds and violated IRS regulations that have a firm demarcation between what not-for-profits are doing, what charitable organizations are doing and what advocacy groups are doing,” said Cyrus Mehri, outside counsel to Chamber Watch.

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In the new filing, the group cites different statements made by Freeman in the Web posting and by the group’s chief financial officer, Stan Harrell, in the New York Times, about a donation from the New York-based Starr Foundation to the charitable National Chamber Foundation, and a subsequent loan from the chamber’s foundation to its parent group.

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The Starr Foundation, which is led by its board chairman, former American International Group Inc. Chairman Maurice “Hank” Greenberg, says it has about $1.25 billion in assets and makes grants in areas including education, health care and public policy. No one was available to comment at the Starr Foundation last night, after normal working hours.



Read more: http://www.bloomberg.com/news/2010-10-15/union-backed-critic-of-u-s-chamber-seeks-irs-s-probe-of-group-s-funding.html

[PSPS]

1. "Union-backed"

Still with the "unions and large corporations" canard, like when they were "reporting" on the supreme court decision that gave the green light to this outrage.

[ProSense]

2. Media still covering for the Chamber

Pundits claim foreign money charge a non-issue, but media reports continue to defend Chamber, Rove.

[LaPera]

3. This should of been done a long time ago - Why should corporate fascism be allowed to go unchecked

in OUR country!!

Republican party ideology is nothing more than to promote elitism, corporate fascism & imperialism by suppressing the workers in our country and around the world.