Friday, October 15, 2010

Chamber Of Commerce Kills American Jobs

The recent Supreme Court decision allowing unlimited campaign spending by corporations and other organizations has resulted in millions of dollars being spent by these groups to support Republican business-oriented candidates this year.   One of the biggest spenders in supporting the Republican Party has been the U.S. Chamber of Commerce (USCOC).

The USCOC has taken many millions of dollars from business interests and spent it in this current election campaign.   In recent days they have been exposed as taking much of this money from foreign corporations.   Although the donations have already been shown to go into the same 501c(6) account that is paying for the political ads, the USCOC is refusing to come clean and provide a list of all their political contributors or how they are able to separate the foreign money from the American money.  

This is important because it is against federal law for foreign entities of any kind to fund election campaigns in the United States.   But it gets even worse than that (although breaking the law is bad enough).   We now learn that a lot of that money is coming from foreign companies that benefit from the outsourcing of American jobs.

I have often wondered why the USCOC and there Republican brothers have opposed any effort to slow down or stop the sending of American jobs overseas.   It was obvious that some American companies that outsource were funding campaigns.   Now we learn that many foreign companies are also funding the campaigns of Republicans who defend outsourcing, and they are doing it by laundering that money through the USCOC.

The U.S. Chamber of Commerce likes to brag about how they work for the betterment of all American businesses.   I wish that was true, but it's not.   The people they act to protect are just the giant corporations -- both American and foreign corporations (because these are the entities that provide the bulk of their funds.   Frankly, I think they should change their name to the International Chamber of Commerce (and stop funding election campaigns).

There is little doubt that they USCOC has broken the law by soliciting foreign money to spend in American election campaigns.   And there is no doubt at all that they are a huge supporter of outsourcing American jobs to other countries.   They should be investigated.

1 comment:

ANONYMOUS COMMENTS WILL NOT BE PUBLISHED. And neither will racist,homophobic, or misogynistic comments. I do not mind if you disagree, but make your case in a decent manner.