Posted on 10/11/2012 10:19:21 AM PDT by jazusamo
Now the GOP is trying to disenfranchise foreigners.
My thought exactly:)
Credit-card experts explain the extent of Obamas 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...heres an excerpt, including a blatant lie from the Obama campaign (we didnt know you could check the name.)
From the WaPo article:
The Obama teams 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 Obamas 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. Thats 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 donors name matches the name on the credit card used to make a payment, Obamas 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
That could be the next RAT video ad.
Just as soon as Holder gets through with his thorough investigation into Operation Gun Walker, I’m sure he will jump right on this.........
So this would be like the Jews asking the Gestapo to investigate Hitler’s camps.
Hey Priebie - don’t hold your breath!
Thanks for posting.
That is about as dumb as getting Hillary to investigate Bill’s infidelities.
It ain’t gonna happen, Reinse.
Take my wife...please.
I just flew in from Vegas...boy are my arms tired.
A nun and a priest walk into a bar...
...but this one’s eating my popcorn.
S’cuse me bre’r fox, but wouldchu see wha’s the matta’ wid the hen house ?
I stand a better chance of becoming a virgin again.
RE: Priebus calls on Holder
Might as well call on OJ Simpson to find the real killer of Nicole.
Is this from the Onion ?
In other news, Holder cleared himself, Nappy, Clinton, Perez and Obama on Fast & Furious.
This, along with $2 gets you a cup of coffee (medium) at Starbucks.
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