Changes

In mid-October the [[Democratic National Committee]], echoing charges debunked<ref>http://patdollard.com/2010/10/new-york-times-obama-and-team-are-lying-about-chamber-of-commerce-and-foreign-money/</ref> by the ''[[New York Times]],'' insinuated that the U.S. Chamber of Commerce was using "foreign money" to fund ads criticizing Democrats. The president said in a Maryland stump speech, "we learned that one of the largest groups paying for these ads regularly takes in money from foreign corporations. So groups that receive foreign money are spending huge sums to influence American elections, and they won't tell you where the money for their ads comes from…. This is a threat to our democracy."  

In mid-October the [[Democratic National Committee]], echoing charges debunked<ref>http://patdollard.com/2010/10/new-york-times-obama-and-team-are-lying-about-chamber-of-commerce-and-foreign-money/</ref> by the ''[[New York Times]],'' insinuated that the U.S. Chamber of Commerce was using "foreign money" to fund ads criticizing Democrats. The president said in a Maryland stump speech, "we learned that one of the largest groups paying for these ads regularly takes in money from foreign corporations. So groups that receive foreign money are spending huge sums to influence American elections, and they won't tell you where the money for their ads comes from…. This is a threat to our democracy."  

The president himself has recieved $543,219 from Swiss banking giant UBS AG<ref>http://www.opensecrets.org/pres08/contrib.php?cycle=2008&cid=N00009638</ref> a foreign banking corporation which was later fined a record $780 million for its part in helping the rich evade U.S. income taxes.<ref>http://abcnews.go.com/Business/story?id=6910350&page=1 </ref>Commentator [[Charles Krauthammer]] called the unfounded attacks on the Chamber of Commerce a baseless [[McCarthyism|McCarthyite]] smear,<ref>http://www.youtube.com/watch?v=tZm0qZnk5N0&feature=related</ref> while columinst Jacob Sullum wrote,

The president himself has recieved $543,219 from Swiss banking giant UBS AG,<ref>http://www.opensecrets.org/pres08/contrib.php?cycle=2008&cid=N00009638</ref> a foreign banking corporation which was later fined a record $780 million for its part in helping the rich evade U.S. income taxes.<ref>http://abcnews.go.com/Business/story?id=6910350&page=1 </ref>Commentator [[Charles Krauthammer]] called the unfounded attacks on the Chamber of Commerce a baseless [[McCarthyism|McCarthyite]] smear,<ref>http://www.youtube.com/watch?v=tZm0qZnk5N0&feature=related</ref> while columinst Jacob Sullum wrote,

{{Cquote|[[Obama]]'s attempt to discredit his opponents by linking them to sinister outsiders reminds us that neither major party has a monopoly on [[xenophobia]]. To some extent, crying "foreigner" reflects the president's desperation in the face of the [[Democrat]]s' looming midterm losses.<ref>''[http://reason.com/archives/2010/10/13/logical-farce Logical Farce: Obama's wild attacks on "foreign money" reek of desperation,]''  

{{Cquote|[[Obama]]'s attempt to discredit his opponents by linking them to sinister outsiders reminds us that neither major party has a monopoly on [[xenophobia]]. To some extent, crying "foreigner" reflects the president's desperation in the face of the [[Democrat]]s' looming midterm losses.<ref>''[http://reason.com/archives/2010/10/13/logical-farce Logical Farce: Obama's wild attacks on "foreign money" reek of desperation,]''  

Jacob Sullum, Reason.com, October 13, 2010.</ref>}}

Jacob Sullum, Reason.com, October 13, 2010.</ref>}}