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Monday, October 18, 2010

For the Record… Democrats Take in Twice as Much Foreign Money as Republicans

Less than two weeks ago Barack Obam warned that "groups that receive foreign money" are a "threat to our democracy":

OBAMA: Just this week, we learned that one of the largest groups paying for these ad regularly takes in money from foreign corporations. So groups that receive foreign money are spending huge sums to influence American elections. And they won't tell you where the money for the ads come from.

So this isn't just a threat to Democrats. All Republicans should be concerned. Independents should be concerned. This is a threat to our democracy.

Now here's the truth.
Democrats take in twice as much foreign money as Republicans.
HotAir reported

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.

There's more… Brad Woodhouse, who is engineering the campaign to hit the U.S. Chamber of Commerce for not fully disclosing its donor list, and for using this mystery money to fund attack ads on Democrats in an election year, himself used to run a PAC that did not fully disclose its donor list, and that used this mystery money to fund attack ads on Republicans.








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