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Secret, Foreign Money Floods Into Obama Campaign
Newsmax.com ^ | Monday, September 29, 2008 9:23 PM | Kenneth R. Timmerman

Posted on 09/30/2008 9:52:31 AM PDT by Portrait of a Lady

More than half of the whopping $426.9 million Barack Obama has raised has come from small donors whose names the Obama campaign won't disclose.

And questions have arisen about millions more in foreign donations the Obama campaign has received that apparently have not been vetted as legitimate.

But because of Obama’s high expenses during the hotly contested Democratic primary season and an early decision to forgo public campaign money and the spending limits it imposes, all that cash has not translated into a financial advantage — at least, not yet.

The Obama campaign and the Democratic National Committee began September with $95 million in cash, according to reports filed with the Federal Election Commission (FEC).

The McCain camp and the Republican National Committee had $94 million, because of an influx of $84 million in public money.

But Obama easily could outpace McCain by $50 million to $100 million or more in new donations before Election Day, thanks to a legion of small contributors whose names and addresses have been kept secret.

Unlike the McCain campaign, which has made its complete donor database available online, the Obama campaign has not identified donors for nearly half the amount he has raised, according to the Center for Responsive Politics (CRP).

Federal law does not require the campaigns to identify donors who give less than $200 during the election cycle. However, it does require that campaigns calculate running totals for each donor and report them once they go beyond the $200 mark.

Surprisingly, the great majority of Obama donors never break the $200 threshold.

“Contributions that come under $200 aggregated per person are not listed,” said Bob Biersack, a spokesman for the FEC. “They don’t appear anywhere, so there’s no way of knowing who they are.”

(Excerpt) Read more at newsmax.com ...


TOPICS: Front Page News; News/Current Events; Politics/Elections
KEYWORDS: 2008; campaign; democrats; electionpresident; elections; fec; fundedbysoros; funnymoney; money; nobama08; obama; obamatruthfile; soros
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1 posted on 09/30/2008 9:52:37 AM PDT by Portrait of a Lady
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To: Portrait of a Lady

OK, OK, enough of this! It’s Obama, folks, nothing to see here, move on...


2 posted on 09/30/2008 9:54:23 AM PDT by Russ (Repeal the 17th amendment)
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To: Portrait of a Lady

And many contributions are in weird amounts - not $10 or $10.50 or even $10.15, but $10.37. Like a currency conversion was involved.


3 posted on 09/30/2008 9:55:46 AM PDT by Heartland Mom (Those who would give up liberty for temporary safety deserve neither liberty nor safety. - Franklin)
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To: Russ

Just in case you haven’t noticed....The Fix Is In, Big Time.


4 posted on 09/30/2008 9:56:47 AM PDT by gathersnomoss (General George Patton had it right.)
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To: Portrait of a Lady

5 posted on 09/30/2008 9:57:22 AM PDT by Diogenesis (Igitur qui desiderat pacem, praeparet bellum)
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To: Portrait of a Lady

Be prepared for a knock [or a battering ram] on your door and a visit from the 0bama “Truth Squad” gestappo!


6 posted on 09/30/2008 9:57:57 AM PDT by The Sons of Liberty (Just your average "Whitey" - bitterly clinging to my guns and religion.)
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To: Portrait of a Lady

Soros opens 1 million credit card accounts ( fabricated names/addresses) with a limit of $250. Each makes a donation of $200 leaving the remainder to build “credibility”.

Voila, $200MM in donations


7 posted on 09/30/2008 9:58:35 AM PDT by Cletus.D.Yokel
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To: Portrait of a Lady
Visions of Chinese money pouring into the Clinton campaign.

I thought this was against the law.

Oh, I forgot it is only against the law if it is Republicans that are receiving such donations.

8 posted on 09/30/2008 9:59:29 AM PDT by Dustbunny (Freedom prospers when religion is vibrant and the rule of law under God is acknowledged. The Gipper)
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To: Cletus.D.Yokel

The more I find out about Obama the more I fear him as President.
We all better get together in getting him defeated.


9 posted on 09/30/2008 9:59:51 AM PDT by donnab (some people use change to promote their careers...others use their careers to promote change.)
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To: Portrait of a Lady

goergesorosgeorgesorosgeorgesorosgeorgesoros


10 posted on 09/30/2008 10:03:37 AM PDT by SueRae
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To: Portrait of a Lady

Nothing about this candidate is legit. I only hope millions more Americans wake up to this fact before Nov. 5.


11 posted on 09/30/2008 10:05:10 AM PDT by ChocChipCookie (Homeschool like your kids' lives depend on it.)
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To: Portrait of a Lady

TERRORISTS, COMMUNISTS, SOCIALISTS, DEMOCRATS. ALL SYNONYMS......


12 posted on 09/30/2008 10:05:56 AM PDT by Red Badger (I'm gonna use "Sarah!" from NOW ON since Hillary uses "Hillary!"......)
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To: SueRae
goergesorosgeorgesorosgeorgesorosgeorgesoros

Palestinians,Islamofacsists,Palestinians,Islamofacsists,Palestinians,Islamofacsists,Palestinians,Islamofacsists,Palestinians,Islamofacsists,Palestinians,Islamofacsists,Palestinians,Islamofacsists,.....

13 posted on 09/30/2008 10:07:21 AM PDT by Red Badger (I'm gonna use "Sarah!" from NOW ON since Hillary uses "Hillary!"......)
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To: Grampa Dave; Jeff Head; Candor7; LucyT

soros


14 posted on 09/30/2008 10:07:29 AM PDT by george76 (Ward Churchill : Fake Indian, Fake Scholarship, and Fake Art)
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To: Portrait of a Lady

Obama needs the money because his campaign “volunteers” want their pay in advance.

They don’t want to be stiffed like they were by John Kerry. Kerry still owes more than $20 million to his “volunteers.”


15 posted on 09/30/2008 10:12:38 AM PDT by <1/1,000,000th%
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To: nw_arizona_granny; LucyT

PING


16 posted on 09/30/2008 10:13:32 AM PDT by DAVEY CROCKETT
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To: Heartland Mom

“And many contributions are in weird amounts - not $10 or $10.50 or even $10.15, but $10.37. Like a currency conversion was involved.”

VERY PERCEPTIVE!!!!


17 posted on 09/30/2008 10:22:26 AM PDT by UCANSEE2 (The Last Boy Scout)
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To: Portrait of a Lady

“Hello, my name is Jorge Sorbet and I would like to donate $199 to Senor Obama.”

“Address? Oh, I live with my seeester.”


18 posted on 09/30/2008 10:24:04 AM PDT by 1curiousmind (Call me if you need me, just not at 3am.)
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To: ChocChipCookie

I only hope millions more Americans wake up to this fact before Nov. 5.
Highly unlikely!
No and as much as its hard to think about, this may end up with the Generals having to step in to save America. Soros is pushing much of all this and if nobama gets in you can bet he WILL be expecting good return on his investment.
We are already seeing some of nobama’s police state, it will get much more out in the open and that’s where our only saving will be from the patriotic Generals.


19 posted on 09/30/2008 10:30:56 AM PDT by dusttoyou
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To: Portrait of a Lady; george76; DAVEY CROCKETT; Calpernia; Kevmo; Fred Nerks; null and void; ...

Thanks, george76 and DaveyCrockett.

Ping.

Soros?

Auchi? [Multi-Billionaire currently residing in the UK who built an empire as a World Class villain gun runner, arms dealer, banker, and was Oil Minister for Sadam Hussein during the time of the UN “Oil for food” scandal.]


20 posted on 09/30/2008 10:32:41 AM PDT by LucyT
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