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Exclusive: Chamber Receives At Least $885,000 From Over 80 Foreign Companies In Disclosed Donations

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babsbunny Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-13-10 03:38 PM
Original message
Exclusive: Chamber Receives At Least $885,000 From Over 80 Foreign Companies In Disclosed Donations
http://thinkprogress.org/2010/10/13/chamber-foreign-funded-media/

Last week, ThinkProgress published an exclusive story about the U.S. Chamber of Commerce’s foreign fundraising operation. We noted the Chamber raises money from foreign-owned businesses for its 501(c)(6) entity, the same account that finances its unprecedented $75 million dollar partisan attack ad campaign. While the Chamber is notoriously secretive, the thrust of our story involved the disclosure of fundraising documents U.S. Chamber staffers had been distributing to solicit foreign (even state-owned) companies to donate directly to the Chamber’s 501(c)(6).

We documented three different ways the Chamber fundraises from foreign corporations: (1) An internal fundraising program called “Business Councils” used to solicit direct, largely foreign contributions to the Chamber, (2) Direct contributions from foreign multinationals like BP, Siemens, and Shell Oil, and (3) From the Chamber’s network of AmCham affiliates, which are foreign chambers of the Chamber composed of American and foreign companies. The Chamber quickly acknowledged that it receives direct, foreign money, but simply replied, “We are not obligated to discuss our internal procedures.” Instead of providing any documentation or proof to demonstrate foreign money is not being used for electioneering purposes, the Chamber launched an aggressive media strategy to first, attack ThinkProgress with petty name-calling and second, to confuse the media by highlighting the Chamber’s relatively minor AmCham fundraising, which the Chamber says (also without documentation) totals “approximately $100,000” from all 115 international AmCham chapters. The Chamber and the media largely ignored ThinkProgress’ revelation about the Chamber’s direct foreign fundraising to its 501(c)(6) used for attack ads.
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Parker CA Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-13-10 03:40 PM
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1. Kick and Rec
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leftstreet Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-13-10 03:43 PM
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2. That's not much money. What's the Chamber CEO make a year?
:shrug:

I don't get this. The Chamber is an evil entity. There are many things to complain about. But the M$M is choosing "foreign" money?

Smells fishy
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SoCalDem Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-13-10 03:54 PM
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3. The math bothers me..
Sharron Angle was on tv a while back begging for $25 donations and bragging about how she raised $40K..and yet the last reporting period she took in FOURTEEN MILLION? where did that money come from?
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Scurrilous Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-13-10 05:32 PM
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4. K & R
:thumbsup:
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WillyT Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-13-10 06:20 PM
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5. HUGE K & R !!!
:kick:
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