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Overnight Open Thread

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iossarian10/11/2010 6:54:10 am PDT

re: #104 NJDhockeyfan

What do you mean, proof? The facts are:

a) the CoC receives hundreds of thousands of dollars from foreign corporations, which go into its general fund, and

b) the CoC spends money (including money from its general fund) on political campaigns

The only question is whether accountancy law allows what is effectively the laundering of the foreign contributions (it is “laundering” because the money goes into a single general fund, out of which the contributions are made). What the WH is asking for is detailed accountancy that shows (literally “accounts”) for where the different sources of money end up.

If there is no such accountancy, then the money is being laundered.