Folks who watched CBS “Face the Nation” yesterday were greeted by a once-in-a-lifetime miracle occurrence: host Bob Schieffer taking a contrary position to one of the Administration’s talking points. Talking to White House political director David Axelrod about the President’s charge that the Chamber of Commerce is using foreign donations to support GOP candidates, he asked:

SCHIEFFER: Now, I want to ask you about that because the New York Times looked into the Chamber specifically and said the Chamber really isn’t putting foreign money into the campaign. That it does charge its foreign affiliates dues that bring in less than $100,000 a year. A lot of organizations, including labor unions, do that. But the Chamber has an annual budget of $200 million. Along with that it keeps these foreign dues separate. They do spend heavily in politics — $25 million so far. They expect to spend $50 million. But this part about foreign money, that appears to be peanuts, Mr. Axelrod. Do you have any evidence that it’s anything other than peanuts?

AXELROD: Well, do you have any evidence that it’s not, Bob? The fact is that the Chamber has asserted that but they won’t release any information about where their campaign money is coming from. That’s at the core of the problem here. What we’ve seen in part because of a loophole that the Supreme Court allowed earlier this year, we now see tens of millions of dollars being spent by the chamber and a number of organizations some of which just cropped up. Ed Gillespie and Karl Rove run one of them. Tens of millions of dollars from undisclosed donors under benign names like the American cross roads fund. They’re spending heavily in all of these elections. One race in Colorado, there are six different organizations running negative ads against the Democratic senator there, Michael Bennet. No one knows where the money is coming from. My question back to you and for your next guest is, why not simply disclose where this money is coming from? And then all of these questions will be answered.

In other words Axelrod and the Democratic Party pulled this charge out of nowhere, threw it against the wall and are praying it sticks, or as Schieffer said: (more…)

Never heard of Leo Hindery?  Here’s his profile:

Leo Hindery, Jr., is Managing Partner of InterMedia Partners VII, LP, a New York-based media industry private equity fund which he founded in 2005 and which is a successor to six previous InterMedia investment funds that he formed beginning in 1988. The investments of those earlier funds were sold in 1998-1999.

Until October 2004, Mr. Hindery was Chairman (and until May 2004 Chief Executive Officer) of The YES Network, the nation’s largest regional sports network which he founded in the summer of 2001 as the television home of the New York Yankees, where he won five executive producer Emmys for outstanding programming. From December 1999 until January 2001, Mr. Hindery was Chairman and Chief Executive Officer of GlobalCenter Inc., a major Internet services company, which was then merged into Exodus Communications, Inc. Until November 1999, Mr. Hindery was President and Chief Executive Officer of AT&T Broadband, which was formed out of the March 1999 merger of Tele-Communications, Inc. (TCI) into AT&T. (AT&T Broadband encompassed all of AT&T’s video, local telephone and Internet services operations.) Mr. Hindery was elected President of TCI and all of its affiliated companies, then the world’s largest cable television system operator and programming entity, in February 1997.

Mr. Hindery is a member of the Council on Foreign Relations, and from 2003 through December 2007 was Senate-appointed Vice Chair of the HELP Commission formed by an Act of Congress to improve U.S. foreign assistance. From December 2006 until February 2008, he served as Senior Economic Policy Advisor for presidential candidate John Edwards.

Okay, so Leo got snookered by John Edwards. And, there’s been some criticism of some of his business activities. That doesn’t discount his importance within the Democrat Party — or what he’s saying now. (more…)