Money, Money, Foreign Money, Money

Yisrael Medad
My Right Word
12 September '10

America is a democracy.

It upholds civil liberties and human rights.

It promotes civic society.

It also has a law which requires persons who act as agents for a foreign power to reveal sources of finance:

TITLE 22--FOREIGN RELATIONS AND INTERCOURSE

CHAPTER 11--FOREIGN AGENTS AND PROPAGANDA

SUBCHAPTER II--REGISTRATION OF FOREIGN PROPAGANDISTS


Sec. 612. Registration statement


(a) Filing; contents

No person shall act as an agent of a foreign principal unless he has filed with the Attorney General a true and complete registration statement and supplements thereto as required by subsections (a) and (b) of this section or unless he is exempt from registration under the provisions of this subchapter...

...(5) The nature and amount of contributions, income, money, or thing of value, if any, that the registrant has received within the preceding sixty days from each such foreign principal, either as compensation or for disbursement or otherwise, and the form and time of each such payment and from whom received;

That seems to be fair. After all, who would be to be subverted by a foreign government or a quasi-government institution?

But Israel, in passing legislation similar to the above has run into opposition from the EU:-

(Read full post)

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