Whose lying, Obama or Rove?

“Asked to back up the allegation, White House adviser David Axelrod offered no proof but said, "Why not simply disclose where this money is coming from and then all of these questions would be answered."

Axelrod said corporate interests are spending huge sums to help Republicans in the elections without fully revealing where the cash originates, calling those expenditures "a threat to our democracy."”

“The ban on political contributions and expenditures by foreign nationals was first enacted in 1966 as part of the amendments to the Foreign Agents Registration Act (FARA), an "internal security" statute.  The goal of the FARA was to minimize foreign intervention in U.S. elections by establishing a series of limitations on foreign nationals.  These included registration requirements for the agents of foreign principals and a general prohibition on political contributions by foreign nationals.  In 1974, the prohibition was incorporated into the Federal Election Campaign Act (the FECA), [HTML] [PDF] giving the Federal Election Commission (FEC) jurisdiction over its enforcement and interpretation.” [q url=“http://www.foxnews.com/...-foreign-contributions/] “Rove, Gillespie Slam Obama for Spreading 'Baseless Lie' Over Foreign Contributions

Published October 10, 2010

Two top Republicans lit into President Obama and the Democratic Party Sunday over accusations that the GOP strategists and the Chamber of Commerce were using foreign contributions to influence the election, calling the claim a "baseless lie" and accusing the president of "abuse of power." 

Karl Rove, a Fox News contributor, said on "Fox News Sunday" that the president had gone too far. 

"Have these people no shame? Does the president of the United States have such little regard for the office that he holds that he goes out there and makes these kind of baseless charges against his political enemies?" Rove said. "This is just beyond the pale. How dare the president do this." 

Rove was referring to a series of charges that have been leveled over the past week. Obama first said at a rally in Maryland Thursday that the U.S. Chamber of Commerce, which he referred to without mentioning by name, was paying for ads against Democrats while taking 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 come from," Obama said. 

Then Obama twice mentioned Rove by name at an Illinois rally, saying "two groups funded and advised by Karl Rove have outspent the Democratic Party 2 to1 in an attempt to beat" Democratic Senate nominee Alexi Giannoulias. 

Then the Democratic National Committee rolled out an ad accusing Rove, former Republican National Committee Chairman Ed Gillespie and the Chamber of Commerce of "stealing our democracy."”