Barack Obama,  United States Chamber of Commerce

Is Foreign Money Financing U.S. Chamber of Commerce Pro-Republican Political Attack Ads?

Well, no.

President Obama and the LEFT are merely creating a diversion away form their disastrous public policy decisions that Americans do not favor.

To many Democrats, the accusation by President Obama and other party leaders that foreign money might be bank rolling some pro-Republican political attack ads sounds both compelling and ominous — but is it fair?

“We learned that one of the largest groups paying for these ads regularly takes in money from foreign sources,” President Obama said last week, referring to the U.S. Chamber of Commerce, the second biggest spender in the midterm elections, behind only the National Republican Congressional Committee, according to the Center for Responsive Politics.

“Are you going to let special interests from Wall Street and Washington and maybe places beyond our shores come to this state and tell us who our senator should be?”

Democrats and liberal groups take the argument further.

A Democratic National Committee TV ad warns conservative third-party groups like the Chamber are “stealing our democracy” and spending millions in “secret foreign money to influence our elections.”

And, an ad by the liberal group MoveOn.org asks “Where has the Chamber been getting some of their money lately? From foreign corporations in countries like China, Russia and India — the same companies that threaten American jobs.”

Yet while Obama is trying to tie Republicans and some of their backers to the specter of foreign interference in U.S. elections, an examination of the evidence provides little support for the claims.

“We have no idea if the Chamber or any 501(c) organization as defined by the IRS code, is taking foreign money for the purposes of playing politics,” said Dave Levinthal of the Center for Responsive Politics. “Saying that that foreign money is actually going toward attack ads or any type of messaging in the political realm, you just don’t know. It’s speculation and nothing more.”

So, it is speculation at best and demagoguery at worst. But, it does provide Obama cover after he leads his Democratic Party to disaster on November the 2nd.

The foreign money beat us…..