Saturday, October 9, 2010

Fair and Balanced has become Fictional and Biased

Most every reliable news source has reported that News Corps, the organization that owns Fox News donated 1 million dollars to the Republican Governors Association and that the RGA has raised over 58 million dollars through corporate donations. News Corps, in their lack of caring whether they appear fair and balanced or not, didn't donate a penny to the Democratic Party. Corporate America is taking over the states we live in. Anyone who doesn't see this as a monopoly of power overstepping their bounds in American politics is hiding their head in the sand. The power of the foreign industries has overshadowed what Fox and News Corps has done by far.
On top of this the American Chamber of Commerce is being funded to fund ad campaigns for the Republican party and the financing is coming from several foreign sources.
the Pittsburgh Post Gazette stated that the Chamber of Commerce firmly denies this.
"...Chamber denies aid has foreign influence
Friday, October 08, 2010
By David Lightman and Kevin G. Hall, McClatchy Newspapers
WASHINGTON -- The U.S. Chamber of Commerce is pumping as much as $75 million into this year's election campaigns, mostly for Republicans, and its muscular spending is becoming controversial.

Some liberal activists and Democrats allege that some of the money the chamber is spending comes from illegal foreign donations -- a charge that the chamber flatly denies, but one that is gaining traction.

Rep. Tom Perriello, D-Va., a self-described chamber target in an uphill battle for re-election, this week called the foreign funds reports "beyond outrageous, to being fundamentally un-American and undemocratic."

In Pennsylvania, Democratic Senate candidate Joe Sestak on Thursday blasted his GOP rival, Pat Toomey, saying, "In violation of U.S. election law, Toomey's foreign corporation allies are now spending millions to launch attack ads aimed at distorting [my] record."

Even Democratic National Committee Chairman Tim Kaine joined the chorus. "It's time the Chamber of Commerce answered a very basic question: Since when do they believe that large undisclosed corporate interests and companies in China, Russia and the Middle East should help choose America's leaders?" he asked. "Our country was founded on the belief that the American people -- and no one else -- should have the right to decide our country's future."

Foreign corporations and foreign nationals are barred from giving directly or indirectly to any U.S. campaigns. U.S.-based subsidiaries of foreign corporations are allowed to actively contribute -- and do.

The group has called upon the Internal Revenue Service to audit the chamber and requested that the Justice Department investigate potential election fraud. Sen. Al Franken, D-Minn., wants the Federal Election Commission to look into the reports.

At a small protest Thursday afternoon outside the chamber's Washington headquarters, liberal groups carried signs that read, "Foreign Corporations OUT of U.S. Elections," and "Chamber + Foreign $$$ = Stolen Elections."

In an interview, chamber Executive Vice President Bruce Josten called allegations of illegal foreign contributions baseless.

American Chambers of Commerce abroad are formed to represent U.S. companies in a given foreign country. About 115 AmCham affiliates collectively contribute about $100,000 to the U.S. Chamber's general fund. This $100,000 is spent on international programs, not U.S. political campaigns, Mr. Josten said.

Critics have noted, however, that money is fungible and accounts are easily mixed.

"This is ridiculous. It is nominal dues payments to us, because the issues of concern to them here [in the United States] are few and far between," Mr. Josten said.

The chamber, he said, plans to raise and spend $50 million to $75 million on issue ads. That is more than double the $33.5 million it spent in the 2008 election cycle. The chamber has spent $17 million so far this election cycle, according to reports filed at the Federal Election Commission.

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