In two campaign stops Thursday, Mr. Obama invoked what he portrayed as a specific new example, citing a blog posting from a liberal advocacy group as he teed off on a longtime adversary, the U.S. Chamber of Commerce, over its political spending.
“Just this week, we learned that one of the largest groups paying for these ads regularly takes in money from foreign corporations,” Mr. Obama said. “So groups that receive foreign money are spending huge sums to influence American elections.”
But a closer examination shows that there is little evidence that what the chamber does in collecting overseas dues is improper or even unusual, according to both liberal and conservative election-law lawyers and campaign finance documents.
In fact, the controversy over the Chamber of Commerce financing may say more about the Washington spin cycle — where an Internet blog posting can be quickly picked up by like-minded groups and become political fodder for the president himself — than it does about the vagaries of campaign finance.
In other words Obama and his advisers are so trapped in their own bubble that they are starting a fist fight over an issue that will gain zero traction with the public but sure as hell tick off buisness owners in this country.
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