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The Hill: Dems have raised more than $1 million this cycle from foreign-affiliated PACs

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The Northerner Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-19-10 11:57 AM
Original message
The Hill: Dems have raised more than $1 million this cycle from foreign-affiliated PACs
Democratic leaders in the House and Senate alleging GOP groups have funneled foreign money into campaign ads have seen their party raise more than $1 million from political action committees affiliated with foreign companies.

House and Senate Democrats have received about $1.02 million this cycle from such PACs, according to an analysis compiled for The Hill by the Center for Responsive Politics. House and Senate GOP leaders have taken almost $510,000 from PACs on the same list.

The PACS are funded entirely by contributions from U.S. employees of subsidiaries of foreign companies. All of the contributions are made public under Federal Elections Commission rules, and the PACs affiliated with the subsidiaries of foreign corporations are governed by the same rules that American firms' PACs or other PACs would face.

"This is not foreign money per-se, but these PACs are certainly populated by people who work for foreign companies," said Dave Levinthal, a spokesman for the Center for Responsive Politics.

“Foreign companies and foreign governments can lobby Congress, and that is probably one area where they have a measurable effect on politics,” Levinthal explained. “Foreign-subsidiary political action committees is about as close as you can get.”

Read more: http://thehill.com/blogs/blog-briefing-room/news/124565-democrats-have-raised-1-million-from-foreign-affiliated-pacs


Someone needs to do some refuting on this hitjob and I'm on it...
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Parker CA Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-19-10 12:00 PM
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1. Such an absolute BS garbage pile piece from the Hill...money quote here...
"This is not foreign money per-se, but these PACs are certainly populated by people who work for foreign companies," So they don't have any direct comparison to what the CoC is doing regarding truly foreign funding, so they come up with this trash of a piece.

Thanks for posting so people become aware of what's working against us.
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madrchsod Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-19-10 12:09 PM
Response to Original message
2. if i would have written that piece of shit my journalism professor..
would have thrown me out of class.
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democrat_patriot Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-19-10 12:10 PM
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3. And the donors are known. BIG difference.

And it's like 1% of the HIDDEN money from the COC.
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Winterblues Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-19-10 12:11 PM
Response to Original message
4. But over eighty foreign owned companies have contributed to Chamber of Commerce
Edited on Tue Oct-19-10 12:12 PM by Winterblues
Some of those foreign owned companies are actually state owned and their contributions go directly into the Chamber's General Fund, which also is the fund used to purchase political advertisements...Having an America that works for a foreign company contribute is not even in the same ball park as having foreign companies themselves contribute..
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emulatorloo Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-19-10 06:10 PM
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5. Contributions by US Citizens who work for foreign companies?
What a bullshit article. They are US citizens, there is not a damn thing wrong with that.
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