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Obama Villifies and Falsely Accuses US Chamber of Commerce

As the 2012 election is now over, Barack Obama has won a second term. Many wonder how his policies, his administration, and how the entire political arena, will change our future.

Postby frrostedman » Tue Oct 12, 2010 1:44 pm

So... now the Chamber of Commerce is a 'threat to Democracy.' 2 more years.... 2 more years...


Obama’s false attack on the Chamber of Commerce
Tue, 10/12/2010 - 11:34am | posted by Jason Pye

Recently, President Barack Obama and his fellow Democrats have been slamming the United States Chamber of Commerce for spending money on ads in the mid-term election, money they contend is coming from foreign source, which is illegal. The problem with the accusation is that it’s false. The New York Times notes:

    A closer examination shows that there is little evidence that what the chamber does in collecting overseas dues is improper or even unusual, according to both liberal and conservative election-law lawyers and campaign finance documents.

    In fact, the controversy over the Chamber of Commerce financing may say more about the Washington spin cycle — where an Internet blog posting can be quickly picked up by like-minded groups and become political fodder for the president himself — than it does about the vagaries of campaign finance.

    The spin from the Obama Administration is that the president is just trying to “draw attention to the inadequacies of campaign disclosure laws.” The DISCLOSE Act, which was shot down in the Senate (twice), would have required PACs and organizations like the Chamber of Commerce to produce their donor lists. That legislation was also an assault on free speech.

Over at RedState, Erick Erickson writes:

    The President of the United States has taken to the bully pulpit to declare an institution as American as mom, apple pie, and flags on Main Street to be a threat to our democracy.

    Were Rush Limbaugh or Sean Hannity or Mark Levin or Glenn Beck to say anything of the like, the left would dismiss them and say they were no longer worthy of being taken seriously. How then can we take Barack Obama seriously?

    Very easily — Barack Obama is the President of the United States. For him to call an organization instrumental to American commerce and business a "threat to our democracy" should trouble all of us. He and his administration have shown no ability to get the economy going again. Every advice from the Chamber of Commerce, the National Federation of Independent Businesses, and other supporters of the entrepreneurial class have been rebuffed.

    To now declare one of the few groups that has the bona fides to get the economy going again a “threat to our democracy” is as extremist as anything he and his goons would accuse conservative talk radio of saying.

It’s an election year and Obama is trying to drum [up] the same populist wave and backlash against job creators that put him in the White House, though unsuccessfully.It’s ridiculous, but substance doesn’t matter to this president.

LINK
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Postby Halfabo » Tue Oct 12, 2010 6:32 pm

money they contend is coming from foreign source, which is illegal.


What about the money Obama took from foreign sources during his campaign?
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Postby frrostedman » Tue Oct 12, 2010 10:28 pm

Halfabo wrote:
money they contend is coming from foreign source, which is illegal.


What about the money Obama took from foreign sources during his campaign?


He's just a disadvantage minority trying to do what's best for Joe Plumber, and here you are accusing him of being a hypocrite and a lawbreaker!

What... are you some kind of racist? :evil:
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Postby Halfabo » Wed Oct 13, 2010 5:44 am

frrostedman wrote:
He's just a disadvantage minority trying to do what's best for Joe Plumber, and here you are accusing him of being a hypocrite and a lawbreaker!

What... are you some kind of racist? :evil:



Naw. I'm just an average American who wants an American president.
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Postby BloodStone » Wed Oct 13, 2010 6:46 am

:lol:
What... are you some kind of racist?
that does seem to be all he has left these days. Everyone else is bailing fast...not one Dem is running on their votes, not one ...lol hmmm? I wonder why ? :lol:

I'm wondering how long till the man just flips out entirely, he is getting more angry by the day, and it shows.

Naw. I'm just an average American who wants an American president.
Wouldn't that be nice...


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If it were raining hookers, I'd get hit by a fag.
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Postby Aquarian » Wed Oct 13, 2010 11:01 am

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

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.

Yesterday, the Chamber’s chief lobbyist Bruce Josten, who has been spoon-feeding much of the media distortions about our report, went on Fox News (whose parent company donated $1 million to the Chamber recently for its ad campaign) to again try to dilute the issue by dissembling about the Chamber’s fundraising and membership. “We have probably 60 or so foreign multi-national companies in our membership that we have had for decades, many of which have been in the United States for half a century or a century,” said Josten.

The Chamber is being deceptive. In addition to multinational members of the Chamber headquartered abroad (like BP, Shell Oil, and Siemens), a new ThinkProgress investigation has identified at least 83 other foreign companies that actively donate to the Chamber’s 501(c)(6). Below is a chart detailing the annual dues foreign corporations have indicated that they give directly to the Chamber (using information that is publicly available from the Business Council applications and the Chamber’s own websites):


Image

Again, all of these annual dues are collected in the same 501(c)(6) the Chamber is using to run partisan attack ads. The data above reflects information from public sources, and the Chamber likely has many more foreign corporations as dues-paying members — but refuses to divulge any of the funders for their ad campaign. Unfortunately, many reporters in the traditional press covered the Chamber story, but missed the entire point of our reporting. Most reporters (from the New York Times, McClatchy, the Associated Press, etc.) never contacted ThinkProgress, instead opting to only interview Chamber officials.

Here’s how the Chamber’s unusual foreign fundraising operation works. According to this internal Chamber staff chart obtained by ThinkProgress, the Chamber has an international division devoted to promoting free trade and related policy issues. U.S. Chamber staffers, based here in Washington, D.C. with offices in the Chamber’s building at 1615 H Street, create bilateral “Business Councils” fundraising programs to solicit money from foreign corporations in Korea, Egypt, Brazil, Bahrain, India, and other places. For instance, the Chamber’s US-Egypt Business Council directs potential members to wire their checks to the US Chamber of Commerce. The application also notes that checks should be marked “ATTN: Leila Vossoughi.” Vossaoughi is a regular staffer at the Chamber. Promotions to join the Chamber have included promises that foreign firms obtain “access to the US Chamber of Commerce and everything that it does” and pledges to help the foreign firms promote free trade policies in America. All of the staffers who manage the Business Councils work directly for the Chamber. These Business Councils are nothing like the Chamber’s AmChams, which are foreign affiliates of the Chamber composed of American and foreign businesses abroad. Business Councils are based in the Chamber and even hosted on the U.S. Chamber’s website domain. Bylaws from the US-Bahrain Business Council confirm that the money the U.S. Chamber raises from these applications — which welcome foreign-owned businesses — goes into the Chamber’s 501(c)(6). Click below to see one such application:


Image

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

Yesterday, the Chamber’s chief lobbyist Bruce Josten, who has been spoon-feeding much of the media distortions about our report, went on Fox News (whose parent company donated $1 million to the Chamber recently for its ad campaign) to again try to dilute the issue by dissembling about the Chamber’s fundraising and membership. “We have probably 60 or so foreign multi-national companies in our membership that we have had for decades, many of which have been in the United States for half a century or a century,” said Josten.

The Chamber is being deceptive. In addition to multinational members of the Chamber headquartered abroad (like BP, Shell Oil, and Siemens), a new ThinkProgress investigation has identified at least 83 other foreign companies that actively donate to the Chamber’s 501(c)(6). Below is a chart detailing the annual dues foreign corporations have indicated that they give directly to the Chamber (using information that is publicly available from the Business Council applications and the Chamber’s own websites):

Company Location Money/Level
4G Identity Solutions Hyderabad, India $7,500
A2Z Maintenance & Eng. Gurgaon, India $7,500
Amarchand Mangaldas Mumbai, India $15,000
Apollo Hospitals Chennai, India $7,500
Arshiya International Mumbai, India $15,000
Astonfield Management Mumbai, India $7,500
AXA Group Paris, France $7,500
Avantha Group India $7,500
Avasarala Technologies Bangalore, India $7,500
AZB & Partners Mumbai, India $15,000
Azure Power New Delhi, India $7,500
Bharat Forge Pune, India $15,000
Blake, Cassels & Graydon LLP Toronto, Canada $7,500
Brookfield Asset Management Toronto, Canada $7,500
Cameco Corporation Saskatoon, Canada $7,500
Credit Suisse Zürich, Switzerland $15,000
Devas Multimedia Bangalore, India $15,000
DSK Legal Bombay, India $7,500
Dua Associates Hyderabad, India $15,000
Educomp Solutions Ltd Delhi, India $7,500
Essar Group Mumbai, India $7,500
Fox Mandal Little India $7,500
GMR Bangalore, India $15,000
Hindalco Group, The Mumbai, India $15,000
Hinduja Group, The London, UK $15,000
Hindustan Construction Company Mumbai, India $15,000
HSBC London, UK $15,000
ICICI Bank Mumbia, India $7,500
Infosys Bangalore, India $15,000
Infotech Enterprises Hyderabad, India $7,500
International SOS Assistance Singapore $7,500
Ireo Management Gurgoan, India $15,000
ITC Group Kolkata, India $15,000
J. Sagar Associates Mumbai, India $15,000
J.B.Boda Insurance Mumbai, India $7,500
J.M. Baxi & Co. Mumbai, India $15,000
Jagran Prakashan Kanpur, India $7,500
Jindal Power New Delhi, India $15,000
Jubilant Organosys Noida, India $7,500
Kimaya Energy New Delhi, India $15,000
Kotak Mahindra Mumbai, India $7,500
KPIT Cummins Pune, India $7,500
KPMG Amstelveen, Netherlands $15,000
Lahmeyer International Frankfurt, Germany $7,500
Larsen & Toubro Mumbai, India $15,000
Leela Hotels Bengaluru, India $7,500
Linklaters LLP London, UK $7,500
Luthra & Luthra New Delhi, India $15,000
Macquarie Capital Sydney, Australia $15,000
Majmudar & Company Mumbai, India $7,500
NIIT Technologies Delhi, India $15,000
Nishith Desai Associates Mumbai, India $15,000
Novartis Basel, Switzerland $15,000
Oberoi Group Dehli,India $7,500
Patni Americas Mumbai, India $15,000
Punj Lloyd Gurgaon, India $15,000
QuEST Global Singapore $7,500
Ranbaxy, Inc. Gurgaon, India $7,500
Reliance Industries Mumbai, India $15,000
Reliance Communications Navi Mumbai, India $7,500
Rolta Mumbai, India $7,500
Sanofi-Aventis Paris, France $7,500
SKP Crossborder Consulting Mumbai, India $7,500
SNC Lavalin Montreal, Canada $7,500
State Bank of India Mumbai, India $15,000
Sun Life Financial Toronto, Canada $7,500
Tata Group Mumbai, India $15,000
Tatva Legal India $15,000
Urenco Investments Slough, UK $7,500
Trilegal India $7,500
Walchandnagar Industries Mumbai, India $7,500
Welspun Mumbai, India $7,500
Wipro Bangalore, India $15,000
TAIB Bank* Dubai $20,000
Aluminum Bahrain B.S.C Kingdom of Bahrain $10,000
Bahrain Financial Harbour Holding Company Kingdom of Bahrain $10,000
Gulf Air Kingdom of Bahrain $10,000
Midal Cables Kingdom of Bahrain $10,000
The Nass Group Kingdom of Bahrain $10,000
Bahrain Maritime & Mercantile International Kingdom of Bahrain $5,000
The Bahrain Petroleum Company Kingdom of Bahrain $5,000
First Leasing Bank Kingdom of Bahrain $5,000
Gulf Petrochemical Industries Company Kingdom of Bahrain $5,000
TOTAL $885,000

Again, all of these annual dues are collected in the same 501(c)(6) the Chamber is using to run partisan attack ads. The data above reflects information from public sources, and the Chamber likely has many more foreign corporations as dues-paying members — but refuses to divulge any of the funders for their ad campaign. Unfortunately, many reporters in the traditional press covered the Chamber story, but missed the entire point of our reporting. Most reporters (from the New York Times, McClatchy, the Associated Press, etc.) never contacted ThinkProgress, instead opting to only interview Chamber officials.

Here’s how the Chamber’s unusual foreign fundraising operation works. According to this internal Chamber staff chart obtained by ThinkProgress, the Chamber has an international division devoted to promoting free trade and related policy issues. U.S. Chamber staffers, based here in Washington, D.C. with offices in the Chamber’s building at 1615 H Street, create bilateral “Business Councils” fundraising programs to solicit money from foreign corporations in Korea, Egypt, Brazil, Bahrain, India, and other places. For instance, the Chamber’s US-Egypt Business Council directs potential members to wire their checks to the US Chamber of Commerce. The application also notes that checks should be marked “ATTN: Leila Vossoughi.” Vossaoughi is a regular staffer at the Chamber. Promotions to join the Chamber have included promises that foreign firms obtain “access to the US Chamber of Commerce and everything that it does” and pledges to help the foreign firms promote free trade policies in America. All of the staffers who manage the Business Councils work directly for the Chamber. These Business Councils are nothing like the Chamber’s AmChams, which are foreign affiliates of the Chamber composed of American and foreign businesses abroad. Business Councils are based in the Chamber and even hosted on the U.S. Chamber’s website domain. Bylaws from the US-Bahrain Business Council confirm that the money the U.S. Chamber raises from these applications — which welcome foreign-owned businesses — goes into the Chamber’s 501(c)(6). Click below to see one such application:




Again, the information above documents the fact that foreign donations go directly to the Chamber without any intermediary, for instance, through an “AmCham” or another Chamber affiliate organization. The same Chamber account funded by these foreign corporation is running a $75 million attack campaign. In fact, a Chamber spokesperson acknowledged the foreign funds go into the Chamber’s general account. Any responsible reporter should have to note these direct donations given to the Chamber, which the Chamber has refused to discuss. Or, reporters should contact us directly if there is any confusion about our report.

http://thinkprogress.org/2010/10/13/cha ... ded-media/

http://abcnews.go.com/Politics/vote-201 ... d=11853117
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Postby frrostedman » Wed Oct 13, 2010 11:14 am

:roll:

It was never a question of IF the US Chamber of Commerce receives foreign donations--which even the NYT states is completely normal and legal--it's a question of whether they appropriated those funds toward political actions... and the answer is no. Not a single penny. They already told the President that and challenged him to prove otherwise. Of course, their books and everyone else's books would be wide open if the Democrats didn't shoot down a bill that mandated transparency.
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