A lot has been made in the last week or so about foreign money being used to influence American elections. Liberals made the charge after the disastrous, Citizens United Supreme Court Case that an (unintended?) consequence of allowing unlimited corporate funding of elections was the possibility that foreign money could get lumped in with American money and be given to a candidate or a party. The lack of disclosure rules would make it very hard to prove this was happening, so the Democrats in Congress sought to create a new law that would expressly outlaw foreign money in elections, and force disclosure of donors. The law was filibustered by the Republicans, and did not pass.
Well, even though the media does not want to cover the story, and are acting as shills for both the Republicans and the US Chamber of Commerce, there is definitive proof that foreign money is being used in pro-Republican/anti-Democrat attacks ads in the current election cycle. It's not a matter of opinion - it's a matter of fact.
ThinkProgress has assembled a list of 87 foreign companies (some of whom are state owned which means a foreign government is responsible for the money) whose money has been used to pay for ads in this year's American election. The foreign money is given to the US Chamber of Commerce's 501(c)(6). This is the same source being used to fund the attack ads. The list from ThinkProgress utilizes information the foreign companies themselves have published publicly. It has been proven, definitively, that nearly $1 million in foreign donations to the Chamber have been utilized. Despite the media's lack of interest (and reflexive defense of the Chamber) and the Republican's claim that foreign money in US elections is a "non-issue," this is a huge deal.
Here are some of the foreign companies currently trying to manipulate the American people: Bahrain Financial Harbour Holding Company, TAIB Bank of Dubai, QuEST Global of Singapore, Larsen & Toubro of Mumbia, India, Credit Suisse of Switzerland, Educomp Solutions Ltd of Delhi, India, J.B.Boda Insurance of Mumbai, India, and the list goes on an on. Keep in mind, this is only what has been disclosed. The Chamber is now refusing to release any information at all about its foreign donations. Rather than clear up the issue and prove they are not using foreign money to influence US elections, the Chamber simply said, "We are not obligated to discuss our internal procedures." Uh-huh.
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This is a huge issue, and not one the media should ignore since it doesn't fit the 2010 election narrative they have already written. Every single Republican who has accepted money from the US Chamber of Commerce or had Chamber ads made on their behalf should be questioned - on camera - about their potential acceptance of foreign money in their campaign. Short of that, it will be obvious that the media is too beholden to the Chamber and has a clear preference for Republicans in this election.