It's well past time for some watering.
Posted on 10/10/2012 3:23:00 PM PDT by helpfulresearcher
Even CBS News is now calling it Foreign-Donor-Gate. As Obama’s coffers approach the 1 billion dollar mark, the Government Accountability Institute released a report that finally alarmed the mainstream media. They consider the foreign donor funds to be untraceable and unknowable. However, our experts in the credit card industry have shown us how to make these suspicious transactions traceable. Imagine the power of knowing the country, the bank and the details of how the numbers were generated. The stakes could not be higher.
(Excerpt) Read more at tothepointnews.com ...
As always, the Birthers are the first to ride to BO's rescue trying to conflate a straight forward criminal scandal with their paranoid delusions, and give the public reason to ignore it.
It’s simple. Demand of the Dems what they demand of the Reps. Show me yours first if you’re so concerned about ‘transparency’ and ‘openness’ and then I’ll show you mine. Lead by example.
How about, create a panel to investigate “anonymous donations” to “ALL” candidates in the Presidential election. Report the findings around October 25, 2012.
Credit-card experts explain the extent of Obama’s deception
http://hotair.com/archives/2008/10/29/credit-card-experts-explain-the-extent-of-obamas-deception/
I have over 30 years of experience in investigating Credit Card Fraud and I can tell you, which you may or may not know, that the merchant acquirer that is conducting the collection of credit / debit card for the Obama campaign are responsible for the actions to be taken regarding the Address Verification System responses. The value of the AVS system is that the issuer of the card being used provides back to the merchant acquirer a response based upon the information provided during the authorization process. This response indicates to the merchant acquirer if the card information was validated as to ownership of the account. It is the merchant acquirer that determines what to do when the authorization response is received. In most cases the transaction that comes back with any negative meaning is denied. However, if the merchant acquirer has adjusted their system to accept any response as acceptable the transaction would be completed.
The value of the AVS system is to deny Card Not Present transactions (CNP) which are suspicious. This protects the merchant against charge backs for bad transactions. What is interesting to me is that the merchant acquirer has knowingly violated a basic CNP fraud prevention technique to accommodate a merchant (Obama Campaign). I think that both the Associations (VISA & MasterCard) would be highly interested in looking at the merchant acquirer that was processing these transactions. The value of ignoring the AVS responses is that multiple invalid transactions may be made without fear of being rejected by the authorization systems. This means that the real owner of the credit card account is willing to allow multiple transactions to be made on the account using different names and addresses that under normal conditions would be denied. The merchant acquirer has a complete listing of all transactions done and it would be very interesting to see how many transactions were conducted on the same account number using different names. I would think that this would be a Federal violation under the current campaign funding laws.
I found this article from the WaPo...here’s an excerpt, including a blatant lie from the Obama campaign (”we didn’t know you could check the name”.)
From the WaPo article:
The Obama team’s disclosures came in response to questions from The Washington Post about the case of Mary T. Biskup, a retired insurance manager from Manchester, Mo., who turned up on Obama’s FEC reports as having donated $174,800 to the campaign. Contributors are limited to giving $2,300 for the general election.
Biskup, who had scores of Obama contributions attributed to her, said in an interview that she never donated to the candidate. “That’s an error,” she said. Moreover, she added, her credit card was never billed for the donations, meaning someone appropriated her name and made the contributions with another card.
When asked whether the campaign takes steps to verify whether a donor’s name matches the name on the credit card used to make a payment, Obama’s campaign replied in an e-mail: “Name-matching is not a standard check conducted or made available in the credit card processing industry. We believe Visa and MasterCard do not even have the ability to do this.
http://www.washingtonpost.com/wp-dyn/content/article/2008/10/28/AR2008102803413_pf.html
this is all from 2008
[ As always, the Birthers are the first to ride to BO’s rescue trying to conflate a straight forward criminal scandal with their paranoid delusions, and give the public reason to ignore it. ]
It might not be simple.. but multiple legal and not so legal even quasi-legal “CRIMES”.. Lawyers are easy to confuse.. Thats why many are socialists.. communists and fascists..
The Obama Myth can be and probably is a multi-tiered aglomeration of crimes and quasi-crimes.. and even legalitys.. One thing is certain nobody can prove much about his “anything”.. even citizenship.. Even who his “father” is can be disputed.. Must be totally on purpose..
He is indeed a “mystery man”.. “a black hole”.. his history is hard to connect.. And what could be connected is hidden or obscured.. Pretty smart actually.. even brilliant..
Could be WHY? he was chosen.. even above the Hildebeast.. the darling of liberals everywhere.. even of Russian and Chinese Communists..
Amazing, to me, that communism even socialism is LEGAL..
Republicans have been DARING even begging them to do it..
They are almost there.. because republicans are so “kind”..
Don’t hold your breath waiting for the testicle-free Boehner. He is the epitome of worthless!
Donor-Gate ping!
It's well past time for some watering.
bkmk
How can this be? I thought McCain-Feingold put an end to all illegal donations!!
The Obama Administration/Campaign seems to have a special attraction for untraceable crime: Fast and Furious, Acorn-type voter registration fraud, no-ID voting and now untraceable credit card donations.
The big question is whether or not the name and address are matched. The way around donor limits is to let me supply my credit card number and the name 'Mickey Mouse'. The FEC only gets to see the name, not the credit card number nor the safety number, so I could send in lots of money under bogus names.
Similarly, using anonymous debit cards (i.e. gift cards) avoids any name checks. This is considered a small cash donation, so no name required.
The FEC has made cheating rather easy by not moving beyond a 1950s way of thinking about money and donations.
Forget the FEC. This is a job for law enforcement and they can get at computer financial records regardless of FEC rules on what is and is not “saved”.
FINCEN should be involved, but it will probably take a Romney FINCEN.
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