Monday, October 18, 2010

Fall Elections 2010- #2291 - Dems Take in Twice as Much 'Foreign Money" as Republicans - Hot Air

Over the weekend, some Democrats began questioning the White House strategy of demonizing third-party groups for potentially using foreign-raised money in political messaging. Now we know why. Apparently, the shrieking over foreign influence was yet another case of projection: Democratic leaders in the House and Senate criticizing GOP groups for allegedly funneling 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 approximately $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. This isn’t illegal. The money comes from American employees of the foreign corporations. But the companies control the PACs, and their contributions to political parties and campaigns “is about as close as you can get” to foreign-based money flowing into campaigns, as the Center for Responsive Politics notes.  Read more.......

Dems Get $1 Million from Foreign Connected PAC's - Newsmax - Democrats have raised more than $1 million from political action committees affiliated with foreign companies. House and Senate Democrats banked about $1.02 million this cycle from such committees, reports the Center for Responsive Politics, according to The Hill.  Meanwhile, House and Senate GOP leaders have taken almost $510,000 from PACs on the same list. The PACS in question are funded by contributions from U.S. employees of subsidiaries of foreign companies. "This is not foreign money per-se, but these PACs are certainly populated by people who work for foreign companies," says Dave Levinthal, a spokesman for the Center for Responsive Politics.

No comments:

Post a Comment