Mitch McConnell's Freighted Ties to a Shadowy Shipping Company

Photo Credit: Shanghai Mulan Education Foundation
The seizure of the narcotics shipment in the Caribbean port occurred far away from Kentucky, the state in which Senator Mitch McConnell is now facing a career-defining election. But the Republican Senate minority leader has the closest of ties to the owner of the Ping May, the vessel containing the illicit materials: the Foremost Maritime Corporation, a firm founded and owned by McConnell’s in-laws, the Chao family.
Though Foremost has played a pivotal role in McConnell’s life, bestowing the senator with most of his personal wealth and generating thousands in donations to his campaign committees, the drug bust went unnoticed in Kentucky, where every bit of McConnell-related news has generated fodder for the campaign trail. That’s because, like many international shipping companies, Chao’s firm is shrouded from public view, concealing its identity and limiting its legal liability through an array of tax shelters and foreign registrations. Registered through a limited liability company in the Marshall Islands, the Ping May flies the Liberian flag.
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Over the past few weeks, political news outlets have been filled with articles beaming about the masterful strategy of the GOP establishment in crushing grassroots challenges. They smugly celebrate the wily tactics of Senator Mitch McConnell, the Chamber of Commerce, and Crossroads in counterattacking the Tea Party. But when you think past the initial headline, you will find that there is nothing special, clever, or innovative about their strategy. It is quite simple.

