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Wed Jun 27, 2012, 11:35 AM

NY probes Chamber of Commerce political funding

Source: Press TV

The New York Attorney General has launched an investigation to determine if organizations are secretly channeling money to the U.S. Chamber of Commerce to be used to impact political campaigns.


The tax-exempt chamber is a major player in U.S. politics, but not required to disclose the identities of its donors. AG Eric Schneiderman yesterday issued a subpoena to officials of a foundation affiliated with the chamber, seeking emails and bank records to determine if the foundation illegally funneled $18 million to the chamber for political and lobbying activities, sources tell the New York Times.


Investigators are examining grants totaling $19 million from the philanthropic Starr Foundation-which is based in New York-to the chamber's National Chamber Foundation, which loaned the Chamber of Commerce $18 million during the same period of time.


Though the money was supposed to be used for a "capital campaign," watchdog groups say the funds financed lobbying for “tort reform” legislation in Congress and to run largely anti-Democrat issue ads in the 2004 presidential and congressional campaigns.

Read more: http://www.presstv.com/usdetail/248240.html



I actually noticed this on the Bloomberg News ticker but cannot find their link.

7 replies, 1674 views

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Arrow 7 replies Author Time Post
Reply NY probes Chamber of Commerce political funding (Original post)
dipsydoodle Jun 2012 OP
clang1 Jun 2012 #1
maddezmom Jun 2012 #2
dipsydoodle Jun 2012 #3
allan01 Jun 2012 #4
Faux pas Jun 2012 #5
progressoid Jun 2012 #6
clang1 Jun 2012 #7

Response to dipsydoodle (Original post)

Wed Jun 27, 2012, 11:40 AM

1. Further Tyranny.... Call it what it is n/t

 

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Response to maddezmom (Reply #2)

Wed Jun 27, 2012, 11:49 AM

3. Thanks

I just grabbed the first one on the google list having already searched Bloomberg News itself.

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Response to dipsydoodle (Original post)

Wed Jun 27, 2012, 12:23 PM

4. re:NY probes Chamber of Commerce political funding

if the chamber is violating its non profit status . then the non profit status should be pulled . just as is the nra is a non profit. its status should be pulled . plain and simple . along with certain churches as well. if violating the law then charged back taxes

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Response to dipsydoodle (Original post)

Wed Jun 27, 2012, 12:52 PM

5. I'm gob smacked!

You mean a bunch of business men are f-ing with elections?!

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Response to Faux pas (Reply #5)

Wed Jun 27, 2012, 12:54 PM

6. Shocking!

Just shocking.

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Response to Faux pas (Reply #5)

Wed Jun 27, 2012, 05:41 PM

7. They do it in South America all the time

 

You see the results.

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