For at least 44 years, it has been illegal for foreign corporations, countries and individuals to make political contributions in the United States for any election, either directly or indirectly. It is even against the law to solicit such contributions. But in this Wild West year of political money, that longstanding ban is being set aside. The United States Chamber of Commerce — one of the biggest advertisers in midterm races around the country — is actively soliciting foreign money, and government enforcers seem to be doing nothing to stop it.
According to a report issued Tuesday by the Center for American Progress, a liberal policy group in Washington, the chamber is getting “dues” payments of tens of thousands of dollars from foreign companies in countries such as Bahrain, India and Egypt, and then mingling the money with its fund to advocate for or against candidates in the midterm races.
The chamber firmly denies the charge, saying its internal accounting rules prevent any foreign money from being used for political purposes. Money, however, is fungible, and it is impossible for an outsider to know whether the group is following its rules.
The chamber has vowed to spend more than $75 million before the November election, and it has already run 8,000 ads, most of which support Republican candidates. The ads do not urge a vote for or against a specific candidate, but when they accuse Senator Barbara Boxer of California of “destroying jobs,” or call Richard Blumenthal of Connecticut “the worst attorney general in the nation,” no one can mistake the intent. (The two candidates, both Democrats, are in tight Senate races.)
http://www.nytimes.com/2010/10/06/opinion/06wed1.html?th&emc=th