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Monday, October 18, 2010

Obama Team Admits they have no Evidence of Foreign Money

With its baseless charge that the U.S. Chamber of Commerce is using foreign money to influence the November elections, the Obama administration and its liberal allies have opened up a can of worms they may come to regret.

The accusations that foreign corporations are funding Republican attack ads have been widely panned. Even President Obama and his top aides have admitted they have no proof to back their allegations against the Chamber and conservative campaign groups such as American Crossroads (Obama said the Chamber's money "could" be coming from foreign-owned corporations but "we don't know.") Now the Democrats' calls for investigations into these groups could backfire -- leading to closer scrutiny of the sources of funding for Democratic attack ads. Labor unions are spending millions to tar Republican candidates -- and they take in far more foreign cash than the Chamber. If the GOP takes control of Congress, investigations into how organized labor funds its political efforts could be forthcoming. - Washington Post

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