Monday, October 6, 2008

Obama's Campaign Contributions In Doubt...

by jwright~

Mike Isikopff, veteran Newsweek columnist says in his latest column, “The Obama campaign has shattered all fund-raising records, raking in $458 million so far, with about half the bounty coming from donors who contribute $200 or less. Aides say that's an illustration of a truly democratic campaign. To critics, though, it can be an invitation for fraud and illegal foreign cash because donors giving individual sums of $200 or less don't have to be publicly reported.

For the complete article:

As most of you are aware, Newsweek is NOT a flaming right-wing publication, so when they become alarmed that all is not on the up-and-up in Obamaland, maybe it’s time for the voters to take note.

In the past couple of weeks I have read a couple of other articles seriously questioning Obama’s campaign sources. $458-million or so is a lot of cash in which to keep an accurate accounting. His staff claims that about half of it came from small contributions of less than $200 each from hundreds of thousands of contributors. They go on to claim that that’s proof of his vast popularity. But some of it has come from foreign sources including the Hamas terrorist controlled Gaza Strip bordering Israel, and that folks is illegal. One article I read says that about $200-million of the funds raised are in question. A few thousand dollars has been returned, much, much more has not. Does the average voter care? I’d say the average voter isn’t even aware.

Quoting from Isikopff's article, "Some critics say the campaign hasn't done enough. This summer, watchdog groups asked both campaigns to share more information about its small donors. The McCain campaign agreed; the Obama campaign did not. "They could've done themselves a service" by heeding the suggestions, said Massie Ritsch of the Center for Responsive Politics.

Will the Republican National Committee, who are now suing for disclosure and for alleged violation of campaign contribution laws, or the Federal Election Committee have time to get the real facts before the election? You’d have to be delirious to believe that will happen. Campaign contribution laws and regulations are broken all the time but no one pays the price until it’s too late, usually after the offending party is happily ensconced in office and out of harms way. Pitiful.


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