Skip to comments.Obama Fundraising Scandal: Follow the Money, If You Can
Posted on 10/09/2012 5:46:06 AM PDT by IbJensen
We've come a long way from 2008 when President Obama, about to embark on his first run for the Oval office, vigorously advocated for a "robust system of public financing for elections". Now the Washington Examiner is reporting that several national media outlets are preparing to run a blockbuster story detailing Obama's potentially criminal campaign fundraising practices.
Also, the Obama campaign has apparently been working hard behind the scenes to ensure the story never sees the light of day. Sources report that a taxpayer watchdog group has recently concluded a nine month investigation into both presidential and congressional campaign fundraising practices and uncovered alarming patterns in Obama's reliance upon smaller, and therefore less transparent donations. Their research focuses on "thousands of cases of credit card solicitations and donations", many of which come from unknown sources overseas.
Suspicions of potential fundraising violations casts a pall over Obama's record setting September, which took in $150 million in donations, shattering the previous record of $114 million in August. Much of the September haul came from a large volume of small donations, and many of those via credit card. In August, Obama's campaign raised $25 million from contributions of $200 or less. In September, more than 2 million donors made donations of $25 or less.
In accordance with rules established by the Federal Election Commission, campaigns are asked to make their "best efforts" to track and report donations that fall in the $50-250 range but technically those who donate less than $200 do not need to be publicly disclosed. Campaigns are not even compelled to maintain records on those who donate under $50 at all, making these nearly impossible to transparently account for.
In 2008, there were similar issues surrounding Obama's fundraising practices since they relied so heavily on "largely untraceable prepaid credit cards that could potentially be used to evade limits on how much an individual is legally allowed to give or to mask a contributor's identity."
Despite the stridency of his advocacy for the public funding system in 2008, Obama eventually opted out of it, preparing the way for a massive capital advantage over John McCain. As a consequence, it is unlikely another presidential candidate will ever again use public funds.
Obamas last campaign received donations totally ~$200M in very small, no-tracking-required, donations received by credit card. Nothing wrong with that except the donation amounts were VERY suspicious odd amounts like $22.54, $13.86, etc.
No one donates money in those odd denominations. Typically they would look like $5, $10, $20, etc. The odd donation amount would occur if the donation were made by credit card from an overseas source and the exchange rate would drive an ODD amount.
It is legal for an American citizen overseas to dontate but the liklihood that all these dontation came from American citizens living overseas is about zero chance! Looks like Obama is at it again.
The Romney camp needs to run with this, this could be the Coup De Grace. I think we are right at the tipping point of Obama’s support falling off a cliff. America can tolerate a sleaze and American tolerate an incompetant, but an incompetant sleaze Americans have no patience for. If this story gets traction, Romney surrogates can get a few MSM outlets to run with it and Obama will be in danger of a 1980 style blowout. Its already looking like Bush 1988.
Obama.com owned by bundler in Shanghai with business ties to Chinese government
The unusual Obama.com website redirects traffic directly to a donation page on the Obama campaigns official website, my.barackobama.com, which does not require donors tob enter their credit card security code (known as the CVV code), thereby increasing the likelihood of foreign or fraudulent donations. The website is managed by a small web development firm, Wicked Global, in Maine. One of Wicked Globals employees, Greg Dorr, lists on his LinkedIn page his additional employment with Peace Action Maine and Maine Voices for Palestinian Rights.
This liar and cheater has no respect for the law. He gets his way like the spoiled brat he has always been.
Fox reported that while virtually all businesses require the code on the back of the credit card so it can be verified and traced, the Obama campaign does not. Wonder why......
You can still trust communists to be communists. Obama is a communist.
Obama needs 5 BILLION dollars to try to defeat Romney at this point since the cost of lying increases exponentially once the hypnotic zombie spell has been broken off the masses and the majority see what a fraud he is.
Obama’s campaign fnds from 2008 were never investigated, now he is certainly doing the same thing.
This story purports to say that the Media is getting ready to jam this story up Obama’s butt.
They will be drinking iced tea in Hell when that happens.
The media isn’t about to hurt Obama.
No, they won't.
Too many talking heads would roll, especially after doubling down on stupid, time and again to cover his hindparts.
At this point the GOPUSA is essentially the Romney camp, but you’re right, the campaign itself should, perhaps, call for maximum industry standards on web contributions among other things.
68% of web traffic donations on Obama.com come from foreign sources
This “hot” story has been floating around for days without gaining any traction whatsoever.
It’s like the sound of a tree falling in the forest? If the MSM don’t cover it, is there a story at all?
Only conservative activists follow stories in the alternative media like Breitbart or Rush.