Democrats’ disappearing foreign money fears

Posted by on Mar 10, 2015 at 8:45 am
Former U.S. Secretary of State Hillary Clinton reacts as she is introduced before speaking at a campaign event for U.S. Senator Kay Hagan in Charlotte

Not so long ago, President Obama and the rest of the Democratic Party were obsessed with the possible taint of foreign money.

They saw it everywhere, even where it didn’t exist. They couldn’t stop talking about it.

They practically ran their 2010 midterm campaign against foreign dollars, especially the phantom threat of secret, illegal donations funneled through the Chamber of Commerce. They called it, breathlessly, “stealing our democracy.”

Well, that was a more innocent time — back before the party was poised to nominate a presidential candidate, namely Hillary Clinton, directly connected to foreign dollars.

For the Clintons, raising foreign money is part of the family business.

The Clinton Foundation — now re-dubbed the Bill, Hillary and Chelsea Clinton Foundation, so the whole family can share in the glory — is a fund-raising juggernaut unbound by national borders.

It has raised about $2 billion during the course of its existence, and foreign governments and other foreign donors make up some of its heaviest hitters.

“Rarely, if ever,” as The Washington Post put it, “has a potential commander-in-chief been so closely associated with an organization that has solicited financial support from foreign governments.”

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