From Newsmax.com
Obama, Democrats Declare War on U.S. Chamber
Monday, 11 Oct 2010 02:18 PM
By: David A. Patten
With massive midterm losses looming, President Barack Obama is blasting the U.S. Chamber of Commerce for accepting foreign donations for its political advertising — a charge that myriad watchdogs and media outlets already have debunked as groundless.
The political battle the allegation has touched off appears to be escalating. It began at a political rally in Maryland last week, when the president echoed a charge that first appeared in a left-wing blog that the Chamber of Commerce had used foreign contributions to help defray its $75 million campaign advertising budget.
Said Obama: "So groups that receive foreign money are spending huge sums to influence American elections, and they won't tell you where the money for their ads come from."
The Chamber immediately denied the report, explaining that its strict accounting procedures keep foreign and domestic contributions separate.
Denunciations that the allegations appear groundless have spanned the political spectrum.
The New York Times on Monday stated flatly in a news article: "The Democrats have offered no evidence that the Chamber is using foreign money to influence the elections."
On Sunday's "Face the Nation" program, White House senior adviser David Axelrod conceded that the administration has no facts to support its claim, while not backing off on the president's implication that the Chamber may have violated U.S. laws.
When ABC host Bob Schieffer asked whether he had any evidence to support the charge, Axelrod shot back: "Well, do you have any evidence it's not [true] Bob?”
Schieffer's replied by asking Axelrod: "Is that the best you can do?"
To see the rest of the story…
http://www.newsmax.com/Headline/obama-democrats-chamber-commerce/2010/10/11/id/373286?s=al&promo_code=AF5F-1
1 comment:
How could anyone take the US Chamber of Commerce seriously? China, as a result of undervaluation of the Yuan, has unfairly taken over 2 trillion US dollars out of our treasury and into theirs. During all of this time, in both the Bush and now the Obama administrations, the Chamber failed to come to the support of the many businesses that have been driven out of existence by the undervalued Yuan. Many of the Chinese products were priced lower than the cost of the materials. It’s only been within the last month following our Labor Day article (How to celebrate Labor Day during a period of high unemployment) that the Congress and Secretary of Treasury has taken this matter seriously. Remember Bush’s declaration: “go out and spend – help the economy”? We have been going to Wal-Mart for the last 6 years since he made that comment. After each trip we would check the labels. Guess what? Less than 25% of any trip ended up in the hands of American industries. The question is – where has the US Chamber of Commerce been? Why are they and Congress just waking up to this issue? Certainly thousands of American businesses told them what was going on prior to their demise.
Charles E. Reier MD
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