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Barack Obama’s Illegal Foreign Campaign Money Loophole

October 9, 2012

In 2008, the FCC in it’s reluctance to audit Obama campaign donations because…. {wait for it-} “The cost for the audit would be TOO prohibitive.”  Is facing the same predicament this election cycle. John McCain allocated several million paying for the audit of his campaign donations. Besides Mr. Obama given a substantial PASS accounting for the donors submitting small $10 and $20 dollar donations; here we are once again, dealing with what looks like Obama’s donation total nearing a billion dollars subject to audit for this campaign. Can we guess what will be the excuse this election cycle?  Something redeemable by FCC standards, I’m sure.

 

 

A new report obtained by Townhall from the non-partisan Government Accountability Institute [GAI] shows the Obama campaign has potentially violated federal election law by failing to prevent the use of fraudulent or foreign credit card transactions on the official Obama for America [OFA] donation webpage.

…Because of the lack of a CVV code requirement, the door is opened for OFA to accept robo-donations, or in other words, large numbers of small and automatic donations made online to evade FEC reporting requirements. Although it isn’t illegal to decline the use of a secure CVV credit card code for campaign donations, it is illegal to accept campaign donations from foreign sources.

…A large part of the Team Obama operation is outsourced. More than 200 domain names with the word “Obama” in the web address have been purchased. The most significant of these websites may be Obama.com, which is owned by an Obama bundler in Shanghai, China with “questionable business ties to state-run Chinese enterprises,” according to the report.

… Attorney Kenneth Sukhia analyzed the GAI’s findings and this revelation in the following way in a separate report:

“Because a campaign’s decision to opt out of the standard security measures and to pay more to receive less information about their contributors defies all conventional campaign logic, and because it is difficult to identify a more plausible motive, there is reason to suspect that such decisions may be motivated by the belief that more money could be raised through foreign contributions than lost in added fees by declining security tools designed to stop them.”

…As reported over the weekend, the Obama campaign raised $181 million in September alone–only 2 percent of those donations are required to be reported to the FEC.

….Although GAI’s findings were most prominent with “Obama for America”, the “CCV loophole” is a problem across the political spectrum. The report found nearly half of Congress is at least vulnerable to fraud and foreign donations.

…Obama for America did not return calls for comment.
Corruption: Exposing Barack Obama’s Illegal Foreign Campaign Money Loophole and a (HT/Ulsterman

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64 Comments
  1. October 10, 2012 8:30 am

    heads up… will be starting a new thread in an hour or so…

  2. nomobama permalink
    October 10, 2012 9:20 am

    moononpluto on October 10, 2012 at 8:20 am
     0 0 Rate This
    Shit happens, lol, are we sure someone was’nt just delivering their party platform to them.
    ————-
    LOL!

    For the ghetto rats… Obama is da shit!

  3. October 10, 2012 10:10 am

    NEW ARTICLE IS UP!

    (still tweeking, though)

  4. October 11, 2012 3:53 pm

    I wonder if HRC’s statement after theBNenghazzi attack – something to the effect of how could the Libyans do that – they had a deal (paraphrasing) isn’t a tell about the facts of the case.

    Maybe the POS set something up and kept HRC out of the loop about the REAL goal – a false flag hostage situation. Maybe HRC was “hoodwinked” and lied to – wonder if that’s why the SD is now throwing the admin under the bus.

    Of course if she wasn’t aware, that’s a problem, the same way her apparent ignorance of Solis-Doyle’s backstabbing and Mark Penn’s possible collusion was a problem. But I do NOT think she would have ever gone along with a false flag scenario which endangered a US ambassador and other Americans.

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