The issue of foreign money finding its way into U.S. elections is always sure to get people’s blood boiling. When President Obama suggested that Americans for
“„The U.S. Chamber of Commerce has created a large presence in the small, oil-rich country of Bahrain. In 2006, the Chamber created a local affiliate called the “U.S.-Bahrain Business Council” (USBBC), an organization to help businesses in Bahrain take advantageof the Chamber’s “network of government and business relationships in the US and worldwide.” As the USBBC’s bylawsstate, it is not an actual separate entity, rather it is simply an office of the U.S. Chamber of Commerce’s 501(c)(6) trade association. Many of the USBBC’s board members are Bahrainian, including Aluminum Bahrain, Gulf Air, Midal Cables, the Nass Group, Bahrain Maritime & Mercantile International, the Bahrain Petroleum Company (state-owned), Gulf Petrochemical Industries Company, and First Leasing Bank. With each of these foreign board members to the USBBC contributing at least $10,000 annually, the U.S. Chamber of Commerce raises well over $100,000a year in money from foreign businesses through its operation in Bahrain. [...]
“„Like the Chamber’s involvement in Bahrain, the U.S. Chamber of Commerce operates in India through a group called “U.S.-India Business Council” (USIBC), which has offices around the world but is headquartered in the U.S. Chamber of Commerce. Dozens of Indian businesses, including some of India’s largest corporationslike the State Bank of India (state-run) and ICICI Bank, are members of the U.S. Chamber of Commerce through the USIBC. Annual membership dues range from $7,500 to $15,000 or more, and the money is given directlyinto the Chamber’s 501(c)(6) bank account. Like the USBBC, the USIBC generates well over $200,000 a year in dues for the U.S. Chamber of Commerce from foreign businesses.
“„But if the question can and should be asked of the U.S. Chamber of Commerce, what about other entities that receive funds from foreign entities? For example, the Wikipedia entry on the Service Employees International Unionstates:
“„“Service Employees International Union(SEIU) is a labor union representing about 1.8 million workers in over 100 occupations in the United States, Canada, and Puerto Rico.”